Monday, 18 December 2017

18 December 2017 News

18th December 2K17

Economic Times

Ø  Warburg close to buying 49% stake in CAMS
Ø  New plan to fast-track Essar Steel resolution
Ø  Drug makers may face sharper scrutiny from USFDA
Ø  Aurobindo, DLR in race for bankrupt Orchid's buyout
Ø  Bank credit may see a jump post IBC’s implementation
Ø  Railway experts 'assessing' JSPL's rail producing plant
Ø  Over 22,000 indicted in China for net, telecom fraud

Business Standard

Ø  HDFC Bank issues 3 lakh instant credit card 
Ø  Tata Tele in talks with Indian lenders to repay debt early
Ø  Govt to issue notices to assessees failing to file GST returns
Ø  Sebi asks mutual funds to downplay 'Sahi Hai' campaign
Ø  Govt should dilute stake in PSBs to 33% in next 3 yrs: CII
Ø  Indian exports to China soars 53% to $1.24 bn in October
Ø  Nearly 140 mn PAN cards linked to Aadhaar so far: UIDAI
Ø  Bitcoin-inspired illicit investment schemes to face regulatory axe in India

Business Line

Ø  Parliament nod likely soon for Rs. 1.35-lakh cr bank recap bonds
Ø  DoT mulls allotting backhaul spectrum through auction
Ø  H’bad High Court likely to hear Unitech's plea on Monday 
Ø  Tata Steel Joda Mine gets Golden Peacock Innovation Award 
Ø  MF folio count jumps to all-time high of 6.5 cr at Nov-end 

Mint

Ø  World’s biggest exchange to start bitcoin futures trading
Ø  DoT mulls allotment of backhaul spectrum through auction
Ø  RIL, HDFC Bank contribute over one-third of Sensex’s market cap gain in 2017
Ø  UIDAI suspends Airtel, Airtel Payments Bank’s eKYC licence
Ø  Reliance Jio in talks with multiple developers for content

Financial Express

Ø  Political factors to weigh more on economy, says Assocham
Ø  Foodgrain output to hit last year’s record level; farmers in price trap
Ø  350 infra projects see cost overrun of Rs 1.95 lakh cr
Ø  India steel demand will take longer to peak: Worldsteel 

Financial Chronicle

Ø  Irdai panel: Cut G-sec, up equity portion
Ø  Coal India likely to increase dry fuel prices by 8-10% soon
Ø  Auto firms seek two-rate GST
Ø  Panama: ED seizes over Rs 48 cr assets of Ahmedabad firm