Friday, 15 December 2017

15 December 2017 News

15th December 2K17

Economic Times

Ø  Govt aims to make India $1 trillion digital economy
Ø  TRAI to telcos: Submit network data under call drop rules
Ø  Govt to spend Rs 1,054 cr for modernisation of 7 CAPFs
Ø  Moody's has stable outlook on India Inc, barring telecos
Ø  IBBI issues norms for tech standards for info utilities
Ø  Vedanta rejigs Cairn top deck, plans $1 bn investment

 Business Standard

Ø  GST panel to take call on e-way bill in Saturday meet
Ø  SC allows Vodafone to initiate second arbitration over $2 bn tax demand
Ø  Cairn rejigs leadership team to drive $1-bn investment plan
Ø  HDFC invokes nearly 82 mn pledged Unitech shares
Ø  US retail sales surge more than expected; weekly jobless claims fall
Ø  Mahindra to hike vehicles prices by up to 3% from January

Business Line

Ø  Infosys to announce Q3 results on January 12
Ø  Wholesale inflation at 8-month high
Ø  Paper imports hit new high, jump 60% to 10.5 lakh tonnes in H1
Ø  Captive power producers allege shortfall of coal supply
Ø  Sugar mills may offer more ethanol for blending
Ø  ‘Formal economy, bigger tax base alone can bring down tax rates’ 
 
Mint

Ø  Banks set to crack down on defaulters in RBI’s second list
Ø  Glenmark to file first specialty product with US FDA in March quarter
Ø  Disney deal set to value Fox at more than $75 billion: report
Ø  Bank of England holds interest rate at 0.5%
Ø  Reliance Jio moves phone production to India after supply glitches in China
Ø  SC refers fixed dose combination drugs issue to govt expert body

Financial Express

Ø  Income inequality in India has reached historic high levels, says report
Ø  India’s growth to recover to 7 pct in next few quarters: Report
Ø  India’s first offshore wind projects auction for 5GW in 2018
Ø  Tata Group, GE tie up to make aircraft components in India
Ø  China suffers natural gas shortage as coal ban backfires

Financial Chronicle

Ø  Captive power units cry for urgent coal supplies to avert crisis
Ø  Need to continue momentum on building infrastructure: Jaitley
Ø  Domestic MF flows to outweigh FII flows
Ø  Sensex swings between gain and loss, ends higher
Ø  Infra spending may top Rs 5 lakh crore in FY19