Tuesday, 5 December 2017

05 December 2017 News

5th December 2K17

Economic Times

Ø  ONGC partners in 6 blocks may have to share load
Ø  Airtel acquires stake in digital books platform
Ø  Xiaomi is said to seek valuation of over $50 bn in IPO
Ø  Fitch cuts India's growth forecast to 7.3% for FY’19 
Ø  Use discretion fairly in investigations: FM to DRI 
Ø  Banks assure UIDAI of meeting enrolment target by Dec
Ø  First-time buyers drive up sales of premium car brands

 Business Standard

Ø  RBI builds $31-bn forwards position as dollar tide rises
Ø  Test networks with 5% subscribers: Trai
Ø  Indian public relations firm files insolvency plea against RCom
Ø  Telcos should get 90 days for network testing period: Trai
Ø  Ruias want to pay up, retain bidder slot for Essar Steel
Ø  Nestle India declares interim dividend of Rs 33 per share
Ø  Considering banning import of pet coke: Centre to SC

Business Line

Ø  NSEL-FTIL merger upheld
Ø  Easier norms open affordable homes to more people: LIC HFL
Ø  Basmati prices rise on higher demand from West Asia
Ø  Aditya Birla Health Insurance bets big on retail segment
Ø  15th finance panel holds first meeting; to tap all stakeholders

 Mint

Ø  Telecom dept to meet Airtel, Vodafone, Idea over Jio penalty
Ø  Baba Ramdev’s Patanjali to diversify into solar power business
Ø  Vijay Mallya has ‘a case of fraud’ allegations to answer, UK court told
Ø  Sebi clarifies norms for new mutual fund classification
Ø  Laurus Labs is ready to flood the US with cheap HIV drugs

Financial Express

Ø  Odisha registers 2.3 pct growth in tax collection after GST
Ø  PNB gets shareholders’ nod to raise Rs 5,000 crore
Ø  Bond yield hits 15-month high as rate cut hopes wane
Ø  Rise in IPO activity may fuel credit growth in some sectors, says report

Financial Chronicle

Ø  SBI to redesign dispatch envelopes to safeguard info
Ø  HC rejects 63 Moons plea against NSEL merger
Ø  FSSAI certification for organic food on the anvil
Ø  Tata Motors beats Mahindra to become third largest carmaker