Tuesday, 7 November 2017

07 November 2017 News

7th November 2K17

Economic Times

Ø  Aircel may have to wind up ops post failed RCom deal
Ø  Niti Aayog banks on states to push India up in HDI
Ø  Steel deficit causes clash over Rlys demand for imports
Ø  Hasmukh Adhia designated as new Finance Secretary
Ø  Broadcom offers to buy mobile chipmaker Qualcomm
Ø  HDFC Bank makes RTGS, NEFT transactions free
Ø  PNB to raise Rs 5,000 cr; appoints merchant bankers

Business Standard

Ø  Sebi plans further rise in public float
Ø  CBDT chief-led multi-agency panel to probe those named in Paradise Papers
Ø  PE firm Everstone Group to acquire Kenstar from debt-ridden Videocon
Ø  Torrent's Unichem deal to add to its earnings after 3 years
Ø  India's logistics sector likely to grow by 9-10% pa: Icra
Ø  Oil hits $63 a bbl, highest since 2015 on output tightening by Saudi Arabia
Ø  Moody's ups Tata Steel, Tata Steel UK Holdings outlook to stable
 
Business Line

Ø  SGX will launch derivative trading in Nifty 50 companies
Ø  Rupee drops by 19 paise to 64.74 on FII outflows 
Ø  Recap plan for PSBs is a positive for banking system, economy: SBI chief 
Ø  RCom signs MoU with Veecon Media for sale of Big TV
Ø  Tata Steel sets up green coke cooling facility in Odisha

Mint

Ø  Tata Chemicals to sell Haldia fertilizer plant to Indorama Holdings for Rs375 crore
Ø  Unichem to return 50% of proceeds from Torrent deal to shareholders
Ø  Khadim India IPO subscribed 1.88 times on last day
Ø  Bain, Carlyle in race to buy Sutures India for $425 million
Ø  Demonetisation: Over 20,000 ITRs picked for detailed investigation

Financial Express

Ø  Lenders to RCOM face uphill struggle after debt swap
Ø  Government may review monthly GST return filing process
Ø  Qatar Airways buys 9.6% stake in Cathay Pacific
Ø  SC organisation writes to PM Narendra Modi seeking higher tax slab
Ø  Arrange Rs 2,000 crore before next hearing, SC tells Jaypee Associates
Ø  Indian Oil Company blamed for Sri Lanka fuel shortage

Financial Chronicle

Ø  Investor rush gathers steam for PSU stocks
Ø  Cash comes at a cost, nation moving towards digital economy: FM
Ø  CIL arm examining show cause notices issued by Odisha govt
Ø   L&T, HCC blame NHAI for delay in road building
Ø  HDFC MF to launch Housing Opportunities Fund on Nov 16