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Monday, 27 November 2017

27 November 2017 News

27th November 2K17

Economic Times

Ø  India has potential to be $10 tn economy: McKinsey MD
Ø  Airtel a beneficiary of consolidation: Sunil Mittal
Ø  Finmin confirms LIC’s Rs 1.5 lakh crore Railway ticket
Ø  FPIs invest $2.6 billion in capital markets in Nov
Ø  Taxmen to slap higher tax on fraudulently revised ITRs
Ø  COAI seeks talks with TRAI on new call drop norms
Ø  No intention of introducing Islamic banking: Naqvi
Ø  Nepal state firm to build $2.5 bln power project 

 Business Standard

Ø  Insolvency and Bankruptcy Code: Lenders, bidders split on assets valuation
Ø  GDP growth to be better in Q2, experts say
Ø  Unsold housing units fall to 685,000 in 7 cities; NCR has 34% of them
Ø  Aurobindo Pharma looks for inorganic growth prospects in East Europe
Ø  BSE changes limit for risk reduction mode in currency futures
Ø  L&T's H’bad Metro project delay raises cost by over 30%

Business Line

Ø  ‘Look North-East’ push from govt, tyre sector gathers pace 
Ø  Dumping duty on caustic soda imports extended by one year
Ø  ‘HDFC Bank does not see fintech companies posing a challenge’ 
Ø  ONGC wants higher gas price to produce KG, Kutch discoveries
Ø  Mahindra eyes US car market with South Korean subsidiary

 Mint

Ø  Uber sees India development centres driving global innovations
Ø  Saudi Aramco, Sabic sign deal for $20 billion oil-to-chemicals project
Ø  Jindal Steel could win a slice of Indian Railways’ global tender for steel rails: report
Ø  Opec has no idea what shale is up to, but never mind
Ø  NSE, BSE write to companies over WhatsApp earnings leak

Financial Express

Ø  Remission in levies notified for textiles, apparel post GST
Ø  Looming inflation to dash rate cut prospects, says Assocham
Ø  Time for consolidation of reforms initiated in 42 months, says NITI Aayog
Ø  Brokers’ body asks government to reduce GST, scrap STT, dividend tax
Ø  Over one-third of 17 lakh registered companies out of business

 Financial Chronicle

Ø  Jindal Stainless gets nod for Rs 1,000 crore industrial park in Odisha
Ø  NRIs investing in commercial realty, but with caution
Ø  FPI change of heart sees Rs 16K cr net flows into equities
Ø  Tyre makers see Northeast rising as rubber hub