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Tuesday, 19 December 2017

19 December 2017 News

19th December 2K17

Economic Times

Ø  India a leading global power: New US security policy
Ø  Gross NPAs of banks cross Rs 8.50 lakh cr in 1st half
Ø  Oil cos ask Airtel to revert LPG subsidy payments
Ø  Taxmen go on bitcoin hunt, slap notices on high-worth traders
Ø  Govt plans to dispose off 'enemy' properties soon
Ø  Iraq replaces Saudi Arabia as India's lead oil supplier
Ø  Bain, Tempus to buy Trans Maldivian for Rs 3,525 cr

 Business Standard

Ø  Access to info utilities under bankruptcy law: IBBI proposes, RBI disposes
Ø  Committee set up for revival of loss-making SAIL, RINL: Govt
Ø  Trai may reduce mobile number porting cost by 80% to Rs 4
Ø  Firms acquiring stressed assets under insolvency may get tax relief
Ø  GST, rating upgrade major achievements of 2017, says FinMin
Ø  Section of PSU bank unions threatens strike on Dec 27

Business Line

Ø  Adani to build, operate Australian coal mine by itself
Ø  Gratuity law amendment Bill introduced in Lok Sabha
Ø  German chemical distribution firm Brenntag acquires 65% stake in Raj Petro
Ø  Kamat Hotels wins trademark case against Royal Orchid Hotels 
Ø  IRDAI panel urges more flexibility in investment norms for insurers 

Mint

Ø  CPPIB, GIC eye Baring PE’s stake in RMZ Corp
Ø  Domestic pharma gets extended release from low growth
Ø  Oracle agrees to buy Australia’s Aconex for $1.19 billion
Ø  PEs, NBFCs move to take more control of real estate projects
Ø  United Spirits sees McDowell’s No.1 brand driving sales growth

Financial Express

Ø  About Rs 5,000 crore spent on printing of new 500 notes
Ø  Farm loan waivers to raise state deficits by Rs 1,07,700 crore, says report
Ø  GSTN brings in option for monthly, quarterly filing of forms
Ø  Section of PSU bank unions threatens strike on December 27

Financial Chronicle

Ø  Banks borrow nearly Rs 80K cr from repo windows on tax outflows
Ø  Notices to Centre, CAG on PIL over GST compensation act
Ø  Crop insurance growth to taper down in FY18
Ø  Govt unlikely to table FRDI Bill in Budget session