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Wednesday, 27 December 2017

27 December 2017 News

27th December 2K17

Economic Times

Ø  Bar on wilful defaulters not a moral issue: IBBI chief
Ø  FinMin to issue recapitalisation bonds to PSBs in Jan 
Ø  Tatas need simpler mgmt structure: Chandrasekaran
Ø  Non-compliance to be 'very costly' for cos: Govt
Ø  Tata Steel said to seek $5.1 bn to help refinance debt

Business Standard

Ø  Essar Oilfields begins drilling oil off Gujarat coast
Ø  GST collections for November dip further to Rs 80,808 cr
Ø  India to become world's fifth largest economy in 2018, says CEBR
Ø  NSE revises penalty structure for unauthorised trades
Ø  Sebi may ease FPI norms, plans new governance model for mutual funds
Ø  Sebi disposes of case against OPG Sec in Prakash matter
 
Business Line

Ø  RCom announces debt revival plan, ropes in new investor
Ø  Rhizen gets orphan drug designation for cancer drug
Ø  Non-ferrous metal prices to remain firm next quarter: ICRA
Ø  Mahindra picks over 16% equity in Bayside Sports
Ø  SBI Manufacturing index inches up to 53.1 in December

Mint

Ø  RCom asset sale: Telecom sector consolidation enters its last phase
Ø  Sebi slaps fine on FTIL for changing name to 63 Moons Technologies
Ø  Cummins in talks to acquire Kirloskar Oil Engines in $500 million deal
Ø  ONGC Videsh to buy, not drill, its way to output goal
Ø  IDBI Bank disengages Moody’s from rating bonds
 
Financial Express

Ø  Commerce ministry panel suggests change in SEZ rules
Ø  Indian economy to better than UK and France in 2018, says CEBR report
Ø  RCom announces debt revival plan, ropes in new investor
Ø  Employee unions of public sector banks defer tomorrow’s strike
Ø  PMEAC keen on infra financing outside budgetary support

Financial Chronicle

Ø  IT hiring on the path of steady recovery
Ø  DeMo, GST impact: Number of new EPFO subscribers drops sharply
Ø  Sebi plans to revisit directive on loan default disclosure
Ø  BSE firms touch Rs 50L cr as big domestic investors rival FPIs