Thursday, 14 December 2017

14 December 2017 News

14th December 2K17

Economic Times

Ø  Deadline to link Aadhaar with PAN, bank account extended till March 31 
Ø  India’s current account deficit doubles to 1.2% of GDP 
Ø  Reliance Jio likely to be worth as much as US' Sprint
Ø  RBI imposes restrictions on Corporation Bank
Ø  Indian bizmen to transfer $128 bn to next gen: Karvy
Ø  RBI imposes Rs 3 crore penalty on IndusInd Bank
Ø  Banks, insurance cos under lens for inflated tax credits

 Business Standard

Ø  Divestment activity to continue in March quarter
Ø  Indian promoted fintech company gets listed on NASDAQ
Ø  NSE to auction investment limits for Rs 7,300-cr corp bonds
Ø  SAIL says board approved JV with ArcelorMittal for automotive steel
Ø  Orchid Pharma gets USFDA nod for ANDA for schizophrenia drug
Ø  Future Group may list home furnishing arm on Friday
Ø  First low-cost airline ready for second take-off

Business Line

Ø  Income-Tax dept conducts surveys at Bitcoin exchanges across country
Ø  Supreme Court allows use of petcoke by cement industry
Ø  Daily trading turnover on BSE’s India INX crosses Rs. 1,700 cr
Ø  ‘Buyers of Tata Motors’ cars are far younger and wealthier’ 
Ø  Spending on agri R&D alleviates poverty substantially: Study
 
Mint

Ø  ADB lowers India’s GDP forecast for FY18 to 6.7%
Ø  India in talks with Indonesia for refineries, LNG plants
Ø  Vijay Mallya assets freeze order in UK courts until April 2018
Ø  GST Network simplifies returns filing process
Ø  Flipkart completes buyback of employee stock options worth $100 million

Financial Express

Ø  India’s CAD more than doubles to $7.2 bn in Q2, says RBI data
Ø  Turning hawkish on India as inflation zooms past RBI target
Ø  GST led to 12 percent rise in cost of solar projects, says AISIA
Ø  South Korea bans its banks from dealing in Bitcoin
Ø  Banks yet to pay CITs Rs 25 cr for note ban period, says CLA

 Financial Chronicle

Ø  Maruti cars to cost up to 2% more from 2018
Ø  New high: 122 IPOs raised Rs 70K cr in 2017
Ø  Banks to take another 23 firms to NCLT for insolvency
Ø  SC stays Centre’s takeover of Unitech