Wednesday, 17 January 2018

17 January 2018 News

17th January 2K18

Economic Times

Ø  Government to deregister 1.20 lakh more companies
Ø  Global IT spend to touch $3.68 tn this year: Gartner
Ø  Bring oil, natural gas under GST: CII to govt
Ø  Citi reports $18.3 billion loss on tax law in Q4
Ø  India earned $27 bn from foreign tourism: Minister
Ø  India to launch auction for 55 exploration blocks.

Business Standard

Ø  Sebi to vet Tata Sons bid to go private, evaluate minority interest
Ø  Black money stashed in Singapore banks since 2008 now under govt scanner
Ø  Patanjali to soon roll out textile portfolio 'Patanjali Paridhan': Ramdev
Ø  MCX Q3 net declines 45% to Rs 187 mn on lower volumes
Ø  Newgen Software Rs 4.25-bn IPO receives 20% subscription on day one

Business Line

Ø  IndianOil in tie-ups with Israeli firms 
Ø  Bajaj Finance to acquire 12.6% stake in Mobikwik
Ø  TCS bags $690-million contract from M&G Prudential
Ø  ‘Expect India’s rank to improve in global IP index’ 
Ø  Biscuit manufacturers call for lower GST rate 
Ø  Food subsidy bill may swell by 10% in 2018-19 budget.
 
Mint

Ø  GAIL renegotiates LNG deal with Gazprom
Ø  Bayer expects CCI nod by April-May for $66 billion Monsanto deal
Ø  Bitcoin falls 20% as fears of cryptocurrency crackdown linger
Ø  Baba Ramdev’s Patanjali goes online, ties with Amazon, Flipkart and 6 others
Ø  RIL declares 30% higher refinery capacity at Jamnagar plant

Financial Express

Ø  After Qatar and Australia, Russia lowers LNG price for India
Ø  Higher tax provision caps ICICI Lombard net growth at 5%
Ø  Dow Jones Industrial Average hits 26,000 for first time on earnings optimism
Ø  GoM on GST Network to meet on Wednesday
Ø  Resolution road: ONGC-HPCL deal went through a roller-coaster ride.
 
Financial Chronicle

Ø  Four rail corridors to complete 'golden quadrilateral' likely to get nod in budget
Ø  Evolution of 5G ecosystem to take 18-24 more months: Rajan S Mathews
Ø  Bank of India seeks to exit STCI Finance this fiscal
Ø  IOC braces for a green future
Ø  Sebi set to issue final order against 5 brokerages involved in NSEL scam.