5th January 2K18
Economic Times
Ø Govt gets LS nod for Rs 80K cr banks recap bonds
Ø ICICI Bank takes Western India Shipyard to NCLT
Ø Banks seeks RBI nod to spread losses over 2 quarters
Ø Mobile user base reaches to 97.54 cr in Nov: COAI
Ø Putting all resources to resolve NPAs: Arun Jaitley
Ø Jaypee aims to complete 24,000 flats in next 2 years
Ø Bring down corporate tax to 28% in Budget: Ficci to govt
Business Standard
Ø Idea Cellular plans to raise Rs 67.5 billion before Vodafone merger
Ø Lenders plan Aircel, GTL Infra merger to clear combined debt
Ø Hindalco likely to bid for $2.5-bn US-based aluminium firm Aleris
Ø GDP can grow at 6.7% average for next 5 years: Fitch
Ø Delhi court declares Mallya proclaimed offender in a FERA violation case
Ø Brookfield Business Partners to buy Westinghouse for $4.6 bn
Business Line
Ø Govt to opt for wider fisc deficit target of 3.2% in FY19: DBS
Ø 7.75% savings bonds to be available from Jan 10: FinMin
Ø Higher NPA provisioning to impact banks in 2018/19: ICRA
Ø SEBI to MFs: Adopt total return index to benchmark schemes
Ø Iron ore price hike forces steel firms to pass on cost: Jindal
Mint
Ø Sebi planning a ‘riskometer’ for stock market investments
Ø Italy’s Enel Group eyes electricity distribution sector in India
Ø NIIT acquires Eagle Productivity Solutions for $8.1 million
Ø Kedaara Capital in talks to buy Indian School Finance
Ø 3 public sector banks get nod to raise Rs2,348 cr from govt
Ø Samvardhana Motherson acquires MS Global India
Financial Express
Ø India looks to boost plastic, chemicals & forest goods export
Ø Natural gas, jet fuel may soon come under GST, but not petrol, diesel
Ø India’s services sector returns to growth in December: PMI
Ø HCL Tech terminates JV with Great American Insurance Company
Financial Chronicle
Ø RBI may announce OMO purchase next week to cool yields
Ø Warm weather affects mustard sowing by 8%
Ø Hero Cycles to have 20 e-cycles in 3 months
Ø Exide launches new range of automotive batteries
Ø India risks landing on currency manipulator watch list
Ø Crude oil at three-year high of $68.27 per barrel