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Friday, 24 November 2017

24 November 2017 News

*Friday 24th November 2017*

Economic Times

Ø  IBC ordinance: Several cos say not 'wilful defaulters'

Ø  Airtel eyes spectrum, equipment of RCom

Ø  EPFO okays proposal to credit ETF units to PF a/cs

Ø  Bharti family pledges Rs 7K cr towards philanthropy

Ø  No proposal to withdraw bank cheque books: Govt

Ø  Economic slowdown has bottomed out: Report

Ø  IPPs' 60,000-mw thermal generation in trouble

Business Standard

Ø  RBI allows strong ARCs to hold more than 26% in sick units

Ø  Rupee spurts 34 paise to fresh 3-week high of 64.58 against dollar

Ø  Infra status of logistics to bring in investments, create jobs: CII

Ø  Havmor to sell ice cream business to South Korea's Lotte for Rs 1,020 cr

Ø  Govt exempts oil & gas PSU mergers like HPCL-ONGC deal from CCI approval

Business line

Ø  German industrial giant ThyssenKrupp defends Tata steel merger

Ø  Biocon launches oncologic biosimilar KRABEVA in India

Ø  India’s tea production heading to be less than 2016

Ø  Railways saves over Rs. 5,000 cr in power bills in two years

Ø  BSE to auction investment limits for Rs. 8,300-cr corp bonds

Ø  Broadcom said to be considering sweetened Qualcomm bid

Mint

Ø  India is said to discuss $6 billion Lotte, Peugeot investments

Ø  Everstone acquires Malaysia-based Chemopharm

Ø  Aamby Valley auction: SC asks Bombay HC receiver to help in bidding process

Financial Express

Ø  Google to prepare 1.3 lakh Indians for emerging technologies

Ø  HDFC Bank to develop 1,000 villages under CSR by FY19

Ø  Naredco asks government to halve GST for work contracts

Ø  AC, TV, Fridge may get costlier from January as input costs rise

Ø  Centre announces Rs 1 lakh cr worth of projects to TN

Financial Chronicle

Ø  Eicher Trucks targets e-comm with new vehicles

Ø  Cotton exports to shrink as boll worm affects crop

Ø  Defaulters, firms with NPAs barred from bidding for assets under IBC

Ø  Govt nod for raising carpet area to boost sale of ready-built flats.