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Tuesday, 28 November 2017

28 November 2017 News

28th November 2K17

Economic Times

Ø  RBI comes up with a secret formula to help banks avoid loan disasters
Ø  Bharat 22 ETF makes decent debut, lists at Rs 36.30
Ø  Govt to revamp HR practices at public sector banks
Ø  Jio may pitch for RCom's 4G airwaves in key markets
Ø  Sony’s revenue from India dips for 2nd straight year
Ø  Rcom cracks 9% on 'premature' action by CDB
Ø  Singapore social startups build a niche market in India
Ø  Inditrade Capital to buy 80% stake in Varam Capital for Rs 40 crore

Business Standard

Ø  I-T dept moves against hoarders: Unsold realty inventory may be taxed
Ø  Infosys plans to set up design hub in Rhode Island, recruit 500 Americans
Ø  Former Planning Commission member N K Singh to head 15th Finance Commission
Ø  Flipkart founders booked for cheating Bengaluru businessman of Rs 10 cr
Ø  Govt puts RITES, Ircon disinvestment on track
Ø  PSBs may face Rs 40,000-crore loss due to bad loans

Business Line

Ø  ‘Gold holds near 6-week high ahead of Fed chair hearing
Ø  L&T Hyderabad Metro set to transform the Telangana capital
Ø  Aadhaar linkage may stifle secondary realty sales
Ø  The MSP mirage hits Maharashtra’s soya farmers
Ø  Govt looks to lower tax burden on mid-size, large companies

Mint

Ø  Drug regulator to make ‘stability testing’ a must for all medicines sold in India
Ø  GMR Airports IPO likely by June 2018
Ø  15th Finance Commission to examine performance incentives for states
Ø  China Development Bank files insolvency case against RCom
Ø  IBC ordinance may bar clean bidders too, say stakeholders

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