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Tuesday, 21 November 2017

21 November 2017 News

21st November 2K17

Economic Times
 
Ø  Govt raises Rs 14,500 crore from Bharat 22 ETF
Ø  Council plans to further categorise GST rates, merge 12%, 18% slab
Ø  Wipro's Rs 11K cr share buyback to open on Nov 29
Ø  Vodafone, Idea may face network issues post merger
Ø  TechM hopes to touch $5 billion in revenues in FY18
Ø  Coal India may double supplies via road
Ø  Clean energy firms eye SE Asia, M East to hedge risks
 
Business Standard

Ø  Reliance Industries, Adani, REC issue $1.7-billion bonds
Ø  Vedanta set to overtake Aditya Birla group as largest aluminium maker
Ø  Vijay Mallya's extradition trial confirmed from December 4
Ø  Domestic institutions lend their weight as anchors in IPOs
Ø  Farmers demand total debt waiver, remunerative crop prices
Ø  Logistics gets infrastructure status, industry sees 50 bps savings

Business Line
 
Ø  Moody’s gives Baa2 rating for RIL’s offshore dollar bonds issue
Ø  Electronics appliance market set to grow at 10% CAGR: study
Ø  Centre’s solar plans get $98-m loan from World Bank
Ø  Sugar mills see bumper crop, want curbs on stocking to go
Ø  MCX gold options off to a slow start
Ø  Phoenix Group to set up Rs. 325-cr rice mill in AP
 
Mint

Ø  India can return to 8.5% growth rate: Arvind Subramanian
Ø  Shell companies: Sebi panel to look into complaints of errors in classification
Ø  JSW Steel exploring tie-ups to acquire stressed assets
Ø  GST rate cut: FMCG firms asked to update MRPs immediately
Ø  Govt tells PSU banks to consolidate international branches
Ø  Taaleri eyes Fortum’s solar power projects in India

Financial Express
 
Ø  Transition to electric mobility system can save $330 billion: Report
Ø  Big impetus to logistics sector; infrastructure status to bring down costs
Ø  Government is committed to tackling bad loans; takes two steps forward
Ø  Japan’s best export performance since 2008 crisis rolls on
Ø  Wipro arm to provide smart lighting with Cisco in India
 
Financial Chronicle

Ø  Bond yields dip as RBI drops OMO sale
Ø  Mumbai down 10 slots, Delhi 7 on list of preferred investment destinations
Ø  Corporates cut investment in gold ETF by 38% in a year
Ø  Sebi puts penny stocks under scrutiny; to seek withdrawal of LTCG
Ø  JSW, Vedanta, Tata in race to hold controlling stake in Monnet
Ø  FinMin to consult law ministry on inclusion of realty under GST