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Monday, 6 November 2017

06 November 2017 News

6th November 2K17

Economic Times

Ø  Moody's cuts RIL credit outlook to stable from +ve
Ø  FPIs turn net buyers in Oct; invest Rs 3K cr in stks
Ø  Air India to sell 2 properties to State Bank of India
Ø  GSTN launches facility for exporters to claim refunds
Ø  Govt to give 60% stake in ONGC fields to pvt firms
Ø  Jeff Bezos sells 1 mn Amazon shares for $1.1 bn

Business Standard

Ø  Government to build 100 airports in 15 years
Ø  Govt may infuse Rs 70,000 cr into PSBs through recap bonds in next 4 months
Ø  UK rejects India's request to extradite Vijay Mallya twice
Ø  Global majors to seek clarity on Google tax
Ø  BSNL to rope in consultant for tower business spin-off blueprint
Ø  RIL awards R-Series gas field contract in KG-D6 to McDermott
 
Business Line

Ø  2.24 lakh firms de-registered for non-compliance
Ø  Spike in retail MF investments thru distributor route
Ø  Investments worth $11 bn committed during food event: Badal
Ø  Tata Global Beverages completes sale of Russian subsidiaries
Ø  ‘India’s food consumption to touch $ 1 trillion by 2025’
Ø  Review tariff barriers to position India as export hub: Hershey

Mint

Ø  GST Council to slash rates on common use items in meeting this week
Ø  India to be high middle income economy by 2047: World Bank CEO
Ø  Saab and Adani Group JV to produce UAVs, military copters
Ø  IPOs raise record Rs57,000 crore so far in 2017, 80% goes to existing shareholders
Ø  Len Blavatnik weighs big share purchase in Teva Pharma: Reports
 
Financial Express

Ø  Digital transactions shoot up post demonetisation
Ø  GST helps Vedanta to streamline supplies in India
Ø  DLF’s Rs 8,900 cr deal with GIC gets Competition Commission nod
Ø  Sprint and T-Mobile call off merger after months of talks
Ø  Government woos investors to tap India’s agriculture sector
Ø  Decks cleared for futures trade in electricity

Financial Chronicle

Ø  202 rail projects see cost overrun of Rs 1.5 lakh crore
Ø  Higher crude oil prices may worsen India’s fiscal balance
Ø  Unlocking US-India Trade Potential' meet on Nov 7
Ø  ITC, Pepsico, Patanjali to invest Rs. 68k cr in food & agri
Ø  Promoters, PEs corner lion's share of IPOs