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Friday, 27 October 2017

27 October 2017 News

27th October 2K17

Economic Times

Ø  'Recapitalisation to boost investments & jobs'
Ø  'IT cos credit profile to be stable despite pressure'
Ø  Trai recommendations on data privacy by January
Ø  India needs Rs 50L-cr infra investment over 5 yrs: Crisil
Ø  Govt expects $40 bn in Indian E&P in 4-5 years
Ø  PML rules: BSE seeks update on clients' Aadhaar nos
Ø  'India has 3rd highest number of family-owned biz' 

Business Standard

Ø  Sebi issues new block deal window rules; minimum order size now Rs 10 cr
Ø  Ruias take Russian tie-up route for Essar Steel bid
Ø  L&T Construction bags orders worth Rs 3,551 cr
Ø  Coal pricing formula caused Rs 8,400 cr under-recovery
Ø  Govt raises Rs 710 cr by divesting 5% in NLC India
Ø  Gold import double in September quarter despite GST, PMLA notification
Ø  YES Bank Q2 net jumps 25% to Rs 1,003 cr; bad loans spike
 
Business Line

Ø  ‘MGNREGA wage payments worth Rs. 3,066 cr pending in 19 states’
Ø  SEBI asks bourses to have block deals in 2 sessions daily
Ø  Ebix, BSE sign MoU to launch JV for insurance distribution network 
Ø  Electronic major eyes 200 acres at JNPT SEZ: Gadkari
Ø  Sun Pharma gets USFDA nod for generic cardiac drug
Ø  KEC International wins new orders worth Rs. 1,931 cr

Mint

Ø  RIL becomes first Indian company to cross Rs6 trillion market cap
Ø  HDFC Std Life IPO’s price band fixed at Rs275-290 per sh.
Ø  Govt may follow 1990s strategy to sell recapitalisation bonds: experts
Ø  Rel Nippon Life AMC IPO subscribed 7.45 times on Day 2
Ø  ECB keeps interest rates unchanged, as expected, extends bond-buying programme’s lifespan
 

Financial Express

Ø  Amid disinvestment boom, Niti Aayog suggests strategic stake sale in 34 sick PSUs
Ø  Government extends date to claim GST transition credit till November 30
Ø  Recapitalisation plan positive for banks’ ratings: Fitch
Ø  India emerges as biggest source for digital talent: Survey
Ø  India should shed its reservations over BRI and join it: China

Financial Chronicle

Ø  Seven firms in race for Air India sale advisor
Ø  Import duty on wheat to be raised from 10% to 20%
Ø  India’s infra story gaining momentum
Ø  I-T dept attaches promoter holding in NDTV