6th February 2K18
Economic Times
Ø Cos claiming deduction must file timely returns: CBDT
Ø Tata Motors reports Rs 184 crore Q3 profit
Ø 'Corp tax to come down to 25% once exemptions end'
Ø Bitcoin extends slide with a more than 10% fall
Ø Jerome Powell sworn in as chairman of Federal Reserve
Ø Supreme Court refuses to halt bidding process for Jaypee Infratech
Ø Food Min proposes hike in sugar import duty to 100%
Business Standard
Ø Centre released Rs 516 billion to states under MGNREGA in 2017-18
Ø Govt to bar cryptocurrencies from its payments system
Ø Sebi seeks clarification on IPO plans of 5 cos, including Bandhan, IREDA
Ø Steel workers vote in favour of Thyssenkrupp-Tata Steel labour deal, merger
Ø Colgate-Palmolive Q3 beats estimates, net profit up 33.5% to Rs 1.70 bn
Ø Strong India sales help Suzuki Motor post 68% rise in Q3 profit
Business Line
Ø Services business index rises to 51.7 in January
Ø Budget strikes a balance between fiscal prudence and growth: Moody's
Ø CBDT issues 24 FAQs on long term capital gains taxation
Ø Fiscal deficit slippage due to non-inclusion of GST
Ø Maruti Suzuki receives over 30K bookings for the new Swift
Ø NACL gets nod from shareholders to raise Rs.300 crore
Mint
Ø Singtel to invest Rs 2,649 crore in Bharti Airtel
Ø Supreme Court refuses to stay Jaypee Infratech’s bidding process
Ø SC issues notice to Bharti Airtel, Vodafone, Idea on CCI’s challenge
Ø Bitcoin users come under Enforcement Directorate, I-T scanner
Ø Greenko Group, Hero Future Energies eye Essel Infraprojects’ solar business
Ø BoB reduces MCLR rates for tenors below one year
Financial Express
Ø India Post Payments Bank pan-India rollout from May
Ø States not in favour of petrol, diesel inclusion into GST: FM
Ø Companies pay 22-23% corporate tax on average: FM
Ø Government plans to build rice silos in main growing states
Financial Chronicle
Ø RBI likely to keep interest rate on hold for third time in a row
Ø FM signals fiscal slippage amid revenue uncertainty
Ø Actual rollout of Modi’s mega schemes not before mid-FY19
Ø Tax on LTCG good for steady growth of equity market: Garg
