Tuesday, 12 December 2017

12 December 2017 News

12th December 2K17

Economic Times

Ø  FM Jaitley says India on road to fiscal consolidation
Ø  Stake sale in tower cos can cut telecom sector debt
Ø  Fuel demand jumps 6.2% in Nov as diesel use recovers
Ø  Unitech moves SC against NCLT order on takeover 
Ø  Govt considering developing civilian aircraft: Official
Ø  Essar Port to complete Rs 830 cr expansion at Vizag terminal
Ø  'Real Estate may see investment from financial institutions'

Business Standard

Ø  WhatsApp earnings leaks: Sebi summons officials of at least 12 companies
Ø  Insolvency row: SBI moves NCLT against debt-ridden IVRCL as deadline looms
Ø  Farm debt waivers not favoured by ex-RBI heads
Ø  Non-declaration of Bitcoin gains could lead to a minimum of 20% tax
Ø  China bank lending hits fresh record after strong credit surge in November
Ø  IBC auctions: Stressed unlisted firms may get tax incentives

Business Line

Ø  Government will fully protect public deposits: Jaitley
Ø  India Inc garners Rs. 50,855 cr via pvt placement of debt securities 
Ø  Investors face difficulty in linking Aadhaar with MF folios 
Ø  USFDA nod to arm bodes well from Alembic Pharma 
Ø  WTO ministerial begins with moderate hope of outcome

Mint

Ø  Suzuki’s electric vehicle tie-ups aim to aid Maruti, without the risks
Ø  Parliamentary panel split on Air India privatisation
Ø  Asian Paints acquires remaining 49% stake in Sleek International
Ø  SC to hear Centre’s appeal in Vodafone tax dispute case

Financial Express

Ø  India's economy expected to grow at 7.5% in 2018, says Nomura
Ø  Retail inflation likely exceeded RBI's 4% target in November
Ø  Amazon seller base spikes 80 per cent in 2017
Ø  Essar Vizag Terminal to be shut for a week
Ø  Videocon loan default 5 times bigger than Vijay Mallya’s Kingfisher; 28 firms have 2 days to pay up

Financial Chronicle

Ø  Bond yields jump on fears of inflation spike, Fed rate hike
Ø  November marks 217% rise in PE investments, $2.7b exits
Ø  RBI net buys USD 852 mn of US currency in October
Ø  Developers apprehensive over tax on unsold flats
Ø  Govt in talks with Singapore for cruise connectivity: Gadkari