Wednesday, 13 December 2017

13 December 2017 News

13th December 2K17

*Economic Times*

Ø  Industrial output growth slows to 3-mth low in Oct 
Ø  Religare gets NCLT nod to merge 11 entities with itself
Ø  'Infra sector to attract $12-13 bn investment via NIIF'
Ø  Aadhaar compulsory for AMCs' clients from Jan: BSE
Ø  $42b manager fears bubble in world's biggest stocks
Ø  Indian telecom subscriber base dips to 120 cr in October
Ø  Aion-JSW frontrunner to acquire Monnet Ispat

*Business Standard*

Ø  Inflation jumps to 15-month high, IIP slows to 2.2%
Ø  IndiGo promoters offloading Rs 1,245-cr shares thr OFS
Ø  Overall India M&A value declines 12% to $56 bn in 2017
Ø  Adani Power gets over 174.84 acres of land from Jharkhand govt
Ø  NSE awaiting Sebi's approval to launch commex derivatives: Limaye
Ø  IDBI Bank to sell 30% stake in NEGIL to exit non core business

*Business Line*

Ø  SEBI mulls reducing listing time to four days
Ø  ONGC seeks access to data room to fix HPCL acquisition price
Ø  SEBI plans discussion paper on MF expense ratio
Ø  US, India spar over developing country status at WTO
Ø  Govt issues norms for wind power procurement

*Mint*

Ø  RIL said to plan Reliance Jio IPO after $31 bn spending spree
Ø  WTO talks in Buenos Aires on brink of collapse
Ø  Indian economy to grow at 7.2% in 2018, says UN report
Ø  Retailers’ association writes to RBI seeking revision of MDR
Ø  Tata Communications’s 15-year wait to spin off land assets nears end

*Financial Express*

Ø  Infrastructure sector to attract $12-13 bn investment via NIIF: Economic Affairs Secretary S C Garg
Ø  Equity IRR for 1st set of toll-operate-transfer highways seen at 12-13%, says Crisil report
Ø  1,800 crore digital payment transactions likely in FY 2018, says KJ Alphons
Ø  BHEL commissions coal-fired power plant in Indonesia

*Financial Chronical*

Ø  Airtel to sell 20% stake in DTH arm to Warburg Pincus
Ø  ‘Allocations for rural and urban infrastructure could rise’
Ø  Rs 10K crore tax demand on IT firms set aside
Ø  Rising crude oil takes fizz out of equities