Friday, 22 December 2017

22 December 2017 News

22nd December 2K17

Economic Times

Ø  All 2G accused, including Kanimozhi & Raja, acquitted
Ø  Sebi revives proposal on loan default disclosure
Ø  India needs to strengthen RBI's independence: IMF
Ø  UIDAI's conditional nod to Airtel for eKYC till Jan 10
Ø  JPMorgan 'breached anti-money laundering regulations'
Ø  US jobless claims increase more than expected
Ø  AI can infuse $957 bn into Indian economy

Business Standard

Ø  2G verdict: Telcos, investors may move arbitration courts to seek damages
Ø  SGX move could trigger diplomatic row between India, Singapore
Ø  Canara Bank to sell 4% stake in Canfin Homes
Ø  BOJ keeps monetary policy steady; aims to achieve 2% inflation target
Ø  Sun Pharma recalls two batches of diabetic drug from US market
Ø  HDFC Capital creates $1 bn war chest for low-cost housing
 
Business Line

Ø  CBI to appeal against 2G case verdict acquitting all accused
Ø  FRDI Bill: ‘Govt committed to protecting interests of depositors in public sector banks’
Ø  Govt may raise import duty on wheat
Ø  Recap, IBC will help clean up bank balance-sheets: RBI
Ø  Electric vehicles will be made based on customer survey: Maruti
Ø  Govt proposes Rs. 23,450-cr scheme for rooftop solar 

Mint

Ø  Carlyle Group acquires stake in Visionary RCM Infotech
Ø  India assures contracts for local solar panel makers in govt projects
Ø  Black money: India, Switzerland ink deal for data sharing from 1 January
Ø  Lodha Developers looking to raise up to $1 billion via IPO
Ø  Lenders put Jaypee Group firm PPGCL up for sale
Ø  Azim Premji Trust sold 2.73% stake in Wipro in share buyback offer
Ø  Trai directs Aircel to submit report on subscriber port-out in 6 circles

Financial Express

Ø  India’s financial sector facing considerable challenges: IMF
Ø  Narendra Modi Cabinet clears auction of 680 FM channels in 236 cities; set to raise Rs 1,100 crore
Ø  Reliance Jio and COAI differ over mobile connectivity project in Naxalism affected regions
Ø  Air India’s operational profit rises to Rs 215 crore in 2016-17
Ø  Removal of stockholding limits to ease sugar prices: Ind-Ra

Financial Chronicle

Ø  2G verdict: ED to appeal acquittal of 19 accused
Ø  Airtel board okays terms of Tata Tele deal
Ø   RBI warns of further NPA woes
Ø  RInfra sells Mumbai power business to Adanis for Rs 18.8k cr
Ø  SBI report suggests bonds for bail-in of banks