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Friday, 1 December 2017

30 November 2017 News

30th November 2K17

Economic Times

Ø  Govt may directly fund Rs 1.35-lakh cr bank recap
Ø  Moody's upbeat on steel cos, bets big on Tata Steel
Ø  Modi will try a $4.7-bn sweetener to woo potential buyers of debt-laden Air India
Ø  SBI raises bulk deposit rates by 100 bps
Ø  Bitcoin blasts past $11,000 hours after hitting $10,000
Ø  Infosys Finacle launches blockchain systems for banks

Business Standard

Ø  Bank of Baroda to shut Hong Kong branch, Thailand office
Ø  Nearly 70% of stressed SMEs face liquidation
Ø  Securities class action lawsuit served on Dr Reddy's in US
Ø  DLF plans to raise Rs 3,500 cr via QIP; board meeting on December 1
Ø  UP sugar mills urge Adityanath to clear Rs 475 cr power dues
Ø  NBFC funding to rise over total net worth of small business loans: Icra

Business Line

Ø  NTPC looks to acquire stressed commissioned plants
Ø  SEBI slaps ₹10 lakh fine in WhatsApp-based investment scam
Ø  Rupee closes stronger at 64.31
Ø  Nestle India, distributors fined in Uttar Pradesh
Ø  ‘All ingredients are in place for earnings recovery’
Ø  Zydus Cadila gets USFDA nod for blood pressure drug

 Mint

Ø  Nasdaq is said to plan bitcoin futures next year, joining biggest rivals
Ø  Auto component firms’ debt-equity ratio falls to lowest in a decade
Ø  BMW looking for partners to develop small electric cars
Ø  Yes Bank sets up $1 bn debt programme to raise money
Ø  GST may cloud GDP data for September quarter

Financial Express

Ø  Analysts forecast better Q2 show with a GDP print of 6.4%
Ø  Government wants RBI rate cut before March, says report
Ø  GES 2017: India moves up one spot to 68 on Global Entrepreneurship Index
Ø  Indian bond yields to remain range-bound on two-way action: DBS
Ø  India records 45% jump in nos of petrol pumps in last 6 years

 Financial Chronicle

Ø  Jet Air in revenue pact with Air France-KLM
Ø  Mittal believes Trai will have another round of talks
Ø  2018 may see beginning of private capex recovery
Ø  Govt turns to PDS as onion, tomato prices soar
Ø  Future Supply Chain gets 62% revenue from group