21st December 2K17
Economic Times
Ø Govt may allow 100% FDI in telecom via automatic route
Ø Aircel to shut operations in 6 circles by January 30: Trai
Ø SIAM proposes to sell only electric vehicles in India
Ø Govt aims to finalise National Telecom Policy by Mar
Ø 'Alternative assets industry in India worth $43 bn'
Ø Astron Paper IPO overall subscribed 242.72 times
Ø Creditors of insolvent cos can get shares at discount
Ø Excise, VAT may co-exist with GST on fuel
Business Standard
Ø CG Corp to set up Rs 5k-cr fund to buy hotels, resorts
Ø Bharti Airtel board clears scheme for Tata Tele takeover
Ø RBI prescribes additional corrective measures against United Bank of India
Ø Automakers seek 5% GST, IT sops for electric vehicles
Ø Rs 30,000-cr bond opportunity in power transmission: Crisil
Ø Jute sack standard dilution has hit PDS, storage: FCI
Mint
Ø Mukesh’s Jio leads race to buy Anil’s RCom’s assets
Ø Edelweiss Wealth Management acquires Religare’s securities business
Ø Essar Oil (UK) posts $169 mn profit in H1 FY17
Ø Non-core business activities of stock exchanges under SEBI lens
Ø Bitcoins cannot be ignored: SEBI chief
Mint
Ø RBI puts Bank of India under prompt corrective action
Ø HDFC sells 6.3% in CAMS to Warburg Pincus arm for Rs210 crore
Ø Shell companies: Govt may provide relief for disqualified directors
Ø Users’ consent must for changing bank accounts to receive subsidies: UIDAI
Ø Tata Tele Mah posts net loss of Rs8,198.34 cr in Sept qtr
Financial Express
Ø Battle heats up for $26 bn insolvent steel companies in India; Lakshmi Mittal, Anil Agarwal in race
Ø Cabinet approves new skill development scheme for textile sector
Ø GIC Re gets ‘in principle’ approval for Lloyd’s syndicate
Ø Wind tariff competitiveness to remain a challenge: ICRA
Financial Chronicle
Ø Airtel board okays terms of Tata Tele deal
Ø Trai mulls ways for cos closing ops to return unused balance
Ø Banks under PCA to miss phase-I recapitalisation
Ø Urjit Patel flags inflation concerns, rate hike on horizon
