Thursday, 11 January 2018

11 January 2018 News

11th January 2K18

Economic Times

Ø  Price Waterhouse gets 2-year ban in Satyam case
Ø  India, China remain fastest growth economies: Moody's
Ø  FDI norms in airlines, retail, construction eased 
Ø  NCLT nod to start insolvency against Bhushan Energy
Ø  Department of Telecom defers meeting on call drops
Ø  Resolution of 12 large NPA accounts by month-end: SBI
Ø  CJI recuses from hearing pleas on Aircel-Maxis deal
Ø  PM, economists brainstorm on ways to revive growth 

Business Standard

Ø  Larger PSBs to get bigger pie of recapitalisation bonds, says Fitch
Ø  Sebi forms special internal team working on relaxation for IBC companies
Ø  JSW Steel posts record crude steel output at 4.11 MT in Sept-Dec period
Ø  Reforms to slowdown in 2018 ahead of Lok Sabha polls: Moody's
Ø  NMDC retail portion OFS fully subscribed; govt to fetch Rs 12 billion
 
Business Line

Ø  Tata Motors global sales up 23% in December 
Ø  Apex court asks Jaiprakash Associates to file list of ongoing housing projects
Ø  BSE, NSE to launch new IRF contracts from today
Ø  Cabinet approves closure of Tungabhadra Steel Products
Ø  SC keeps ban on Jaiprakash Associates asset sales 

Mint

Ø  India to be fastest growing economy again in 2018: World Bank
Ø  Tata Chemicals gets shareholders’ nod for Haldia unit sale
Ø  Telecom Commission favours raising spectrum holding limit
Ø  Apollo Micro Systems IPO subscribed 2.14 times on Day 1
Ø  Bank of Baroda is said to seek unit sale to bolster capital

Financial Express

Ø  New home launches plunge 78 pct in 2017 from 2010 peaks
Ø  Easing of FDI norm in realty brokerage to boost investment
Ø  HDFC Bank pegs GDP growth higher at 7.3% in FY19 on rural push
Ø  CAIT opposes 100% FDI in single brand retail via automatic route

Financial Chronicle

Ø  Rlys raises freight rates after CIL’s price hike
Ø  UIDAI introduces 'Virtual ID' to address privacy concerns
Ø  Sony Wants to Be a Buyer in Media Consolidation
Ø  Software makers’ Q3 profit to shrink on muted demand