Wednesday, 21 February 2018

21 February 2018 News

*Quote of D-DAY:*

"We may idealize freedom, but when it comes to our habits, we are completely enslaved."

Good morning ЁЯМ╗

*Mint*

=> CBI widens PNB fraud probe to include bankтАЩs top brass

=> ArcelorMittal, NuMetal bids for Essar Steel may be disqualified

=> Arun Jaitley breaks silence on PNB fraud, RBI forms panel to curb bank scams

=> Govt approves law to protect small investors from ponzi schemes

=> RBI issues new KYC norms for payments banks

=> Banks vulnerable to hackers without online interface between CBS, SWIFT

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*Business Standard*

=> PNB crisis: RBI's Malegam-led panel to look into NPA divergence, bank fraud

=> I-T sleuths question PNB's Sunil Mehta; CBI arrests Firestar's Vipul Ambani

=> British defence industry body ADS Group downs shutters in India

=> Cabinet ends Coal India monopoly, allows commercial mining by private firms

=> Chinese warships return to SCS as Indian Navy continues heavy deployment around Maldives

=> Hospitals making profits up to 1,700% on drugs, consumables

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*Economic Times*

=> Coal India monopoly to end as decks cleared for mining by private players

=> India Ratings downgrads two Nirav Modi-owned companies

=> Blockchain tech can reduce transaction costs: FICCI-PwC

=> Rotomac: ED notifies exit ports about Vikram Kothari

=> First big arrest in PNB fraud: Fire Star Diamond president Vipul Ambani held by CBI

=> Qatar Airways plans to start airline in India

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*Financial Express*

=> Big Income Tax query answered! NRIs are subject to tax in India only in respect of India sourced income

=> Can't export those blues: January trade deficit highest in almost 5 years

=> Big development in Delhi Chief Secretary assault case; police detains AAP MLA Prakash Jarwal

=> First big arrest in PNB fraud: Vipul Ambani held by CBI

=> Qatar Airways plans to start airline in India with 100 planes

=> Rotomac case: ED notifies exit ports about Vikram Kothari and his family

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*Hindustan Times*

=> Delhi chief secretary Anshu Prakash тАШassaultedтАЩ: Bureaucrats to boycott meetings until Kejriwal, AAPтАЙministers apologise

=> PNB fraud case: Vipul Ambani, CFO of Nirav Modi firm, and 4 others arrested by CBI

=> PM Modi, JordanтАЩs king to address session on countering radicalisation of youth

=> Justin Trudeau says trip is about India-Canada ties, not for handshakes and photo-ops

=> Four Delhi pvt hospitals sold drugs at profits margins as high as 1,192%: Pricing regulator

=> Maldives emergency extended by 30 days as President Yameen rams move through parliament

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*Indian Express*

=> Nirav Modi PNB fraud scam: Glossed over, auditors flagged loan default, forex violations

=> PNB fraud case: Rs 280 crores not Rs 11,500 crores, Nirav Modi's advocate cites CBI's data

=> Delhi Chief Secretary тАШassaultтАЩ case: AAP said ration meeting but Food Minister absent

=> IIM-Lucknow to stop support, IIM-Himachal sends out SOS

=> Maldives Opp leader Mohamed Nasheed gets the Delhi cold shoulder

=> Kamal Haasan to launch his political party today, no word yet on its other key faces

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*The Hindu*

=> PNB fraud case: CBI arrests Vipul Ambani and four others

=> AAP MLAs assaulted me: Delhi Chief Secretary

=> India remains in the best position to help us: Mohamed Nasheed

=> Indian H-4 entrepreneurs in limbo, as U.S rethinks visa rules

=> Enforcement Directorate grapples with severe manpower crunch

=> KolkataтАЩs iconic Fairlawn hotel begins a new chapter

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*The Times of India*

=> Attack on CS: Cops arrest AAP's Prakash Jarwal

=> PNB fraud: CBI arrests Vipul Ambani, 4 others

=> Donald Trump's election cost his firm millions: Son

=> BoB silent for 2 years, ran to CBI after PNB scam

=> I-T notice to Singhvi's wife for cash payment to Nirav

=> MPs hiking own pay an ethical issue: Supreme Court

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*рдЕрдорд░ рдЙрдЬрд╛рд▓рд╛*

=> PNB SCAM: рд╕реАрдмреАрдЖрдИ рдиреЗ рдЧреАрддрд╛рдВрдЬрд▓рд┐ рд╕рдореВрд╣ рдХреЗ рд╡рд┐рдкреБрд▓ рдЕрдВрдмрд╛рдиреА рд╕рд╣рд┐рдд 5 рд▓реЛрдЧреЛрдВ рдХреЛ рдХрд┐рдпрд╛ рдЧрд┐рд░рдлреНрддрд╛рд░

=> рджрд┐рд▓реНрд▓реАрдГ рдкреБрд▓рд┐рд╕ рдиреЗ рдореБрдЦреНрдп рд╕рдЪрд┐рд╡ рдХреЗ рд╕рд╛рде рдорд╛рд░рдкреАрдЯ рдорд╛рдорд▓реЗ рдореЗрдВ AAP рд╡рд┐рдзрд╛рдпрдХ рдХреЛ рдХрд┐рдпрд╛ рдЧрд┐рд░рдлреНрддрд╛рд░, рдкреВрдЫрддрд╛рдЫ рдЬрд╛рд░реА

=> PNB SCAM: рд╡рд┐рддреНрдд рдордВрддреНрд░реА рдЬреЗрдЯрд▓реА рдиреЗ рддреЛрдбрд╝реА рдЪреБрдкреНрдкреА, рдмреЛрд▓реЗ- рдмреИрдВрдХреЛрдВ рдХреЛ рдзреЛрдЦрд╛ рджреЗрдиреЗ рд╡рд╛рд▓реЗ рдмрдЦреНрд╢реЗ рдирд╣реАрдВ рдЬрд╛рдПрдВрдЧреЗ

=> рдкрддрд┐ рд╕рдВрдЧ рд░рд╣рдирд╛ рдЪрд╛рд╣рддреА рд╣реИ рд╣рд╛рджрд┐рдпрд╛, рдмреЛрд▓реА- рдорд░реНрдЬреА рд╕реЗ рдЗрд╕реНрд▓рд╛рдо рдХреБрдмреВрд▓ рдХрд┐рдпрд╛ рдФрд░ рд╢рдлреАрди рд╕реЗ рдХреА рд╢рд╛рджреА

=> рдмреИрдВрдХ рдСрдл рдЗрдВрдбрд┐рдпрд╛ рдХрд╛ 500 рдХрд░реЛрдбрд╝ рджрдмрд╛рдП рд╣реИрдВ рдХреЛрдард╛рд░реА рдмрдВрдзреБ

=> рдЖрдЬ рддрдорд┐рд▓рдирд╛рдбреБ рдореЗрдВ рдХрдорд▓ рд╣рд╛рд╕рди рдХреА рдкрд╛рд░реНрдЯреА рд▓реЙрдиреНрдЪ рдореЗрдВ рд╢рд╛рдорд┐рд▓ рд╣реЛрдВрдЧреЗ рдХреЗрдЬрд░реАрд╡рд╛рд▓

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*рд╣рд┐рдиреНрджреБрд╕реНрддрд╛рди*

=> рджрд┐рд▓реНрд▓реА: рдореБрдЦреНрдп рд╕рдЪрд┐рд╡ рдХрд╛ рдХрд░рд╛рдпрд╛ рдЧрдпрд╛ рдореЗрдбрд┐рдХрд▓, рдЖрдк MLA рдкреНрд░рдХрд╛рд╢ рдЬрд╛рд░рд╡рд╛рд▓ рдЕрд░реЗрд╕реНрдЯ

=> PNB рдШреЛрдЯрд╛рд▓рд╛: рдиреАрд░рд╡ рдореЛрджреА рдХреА рдХрдВрдкрдиреА рдХреЗ CFO рд╡рд┐рдкреБрд▓ рдЕрдВрдмрд╛рдиреА рд╕рд╣рд┐рдд рдкрд╛рдВрдЪ рдЕрд░реЗрд╕реНрдЯ

=> рдмрд┐рд╣рд╛рд░: рдореИрдЯреНрд░рд┐рдХ рдкрд░реАрдХреНрд╖рд╛ рдЖрдЬ рд╕реЗ рд╢реБрд░реВ,рдкрд╣рд▓реА рдмрд╛рд░ OMR рдкрд░ рдкреЗрдкрд░ рджреЗрдВрдЧреЗ рдЫрд╛рддреНрд░

=> RBI рдиреЗ рд╕реНрд╡рд┐рдлреНрдЯ рд╕рд┐рд╕реНрдЯрдо рдХреЗ рджреБрд░реВрдкрдпреЛрдЧ рдкрд░ рдмреИрдВрдХреЛрдВ рдХреЛ рддреАрди рдмрд╛рд░ рдХрд┐рдпрд╛ рдерд╛ рдЖрдЧрд╛рд╣

=> рджрд┐рд▓реНрд▓реА: рдЕрдлрд╕рд░ рдмреЛрд▓реЗ-рдорд╛рдлреА рдорд╛рдВрдЧреЗрдВ рдХреЗрдЬрд░реАрд╡рд╛рд▓,рдирд╣реАрдВ рддреЛ рдХрд░реЗрдВрдЧреЗ рдмреИрдардХреЛрдВ рдХрд╛ рдмреЙрдпрдХреЙрдЯ

=> рдХрд╢реНрдореАрд░: рдкрд╛рдХ рд╕реЗрдирд╛ рдиреЗ BSF рдЪреМрдХреА рдХреЛ рдмрдирд╛рдпрд╛ рдирд┐рд╢рд╛рдирд╛, рдЬрд╡рд╛рди рд╢рд╣реАрдж

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*рджреИрдирд┐рдХ рдЬрд╛рдЧрд░рдг*

=> рджрд┐рд▓реНрд▓реА рд╕рд░рдХрд╛рд░ рдХреЗ рдореБрдЦреНрдп рд╕рдЪрд┐рд╡ рдХреЗ рд╕рд╛рде рдорд╛рд░рдкреАрдЯ рдХреЗ рдорд╛рдорд▓реЗ рдореЗрдВ рдЖрдк рд╡рд┐рдзрд╛рдпрдХ рдЧрд┐рд░рдлреНрддрд╛рд░

=> рдкреАрдПрдирдмреА рдШреЛрдЯрд╛рд▓реЗ рдкрд░ рдкрд╣рд▓реА рдмрд╛рд░ рдмреЛрд▓реЗ рд╡рд┐рддреНтАНрддрдордВрддреНрд░реА рдЕрд░реБрдг рдЬреЗрдЯрд▓реА, рдиреАрд░рд╡ рдореЛрджреА рдХреЛ рдЪреЗрддрд╛рдпрд╛

=> рдЬрдирддрд╛ рдХреА рдЬреЗрдм рдкрд░ рдбрд╛рдХрд╛ рдирд╣реАрдВ рдбрд╛рд▓ рдкрд╛рдПрдВрдЧреА рдлрд░реНрдЬреА рдЬрдорд╛ рдХрдВрдкрдирд┐рдпрд╛рдВ, рдореЛрджреА рдХреИрдмрд┐рдиреЗрдЯ рдХрд╛ рдлреИрд╕рд▓рд╛

=> рдиреАрд░рд╡ рдореЛрджреА рдХреЗ рдореБрдВрдмрдИ рдХреЗ рдЖрд▓реАрд╢рд╛рди рдмрдВрдЧрд▓реЗ рддрдХ рдкрд╣реБрдВрдЪреА рд╕реАрдмреАрдЖрдЗ, рдЬрдмреНрдд рд╣реЛ рд╕рдХрддрд╛ рд╣реИ рдмрдВрдЧрд▓рд╛

=> рддреНрд░рд┐рдкреБрд░рд╛ рдореЗрдВ рдХрд▓ рдЪреБрдирд╛рд╡реА рдЬрдВрдЧ, рд╕реАрдкреАрдПрдо рдФрд░ рднрд╛рдЬрдкрд╛ рдореЗрдВ рдЖрд░-рдкрд╛рд░ рдХреА рд▓рдбрд╝рд╛рдИ

=> рд╡реЗрдиреЗрдЬреБрдПрд▓рд╛ рдореЗрдВ рдорд╣рдВрдЧрд╛рдИ рд╕реЗ рддреНрд░рд╛рд╣рд┐рдорд╛рдо, 80 рд╣рдЬрд╛рд░ рд░реБрдкрдпреЗ рд▓реАрдЯрд░ рдмрд┐рдХ рд░рд╣рд╛ рджреВрдз

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*рдкреНрд░рднрд╛рдд реЩрдмрд░*

=> рдЭрд╛рд░рдЦрдВрдб : рдЕрдЧрд░ рд╢рд╣рд░реА рдХреНрд╖реЗрддреНрд░ рдореЗрдВ 1985 рд╕реЗ рдкрд╣рд▓реЗ рд╕рд░рдХрд╛рд░реА рдЬрдореАрди рдкрд░ рдХрд┐рдпрд╛ рд╣реИ рдХрдмреНрдЬрд╛, рддреЛ рдорд┐рд▓реЗрдЧреА 10 рдбрд┐рд╕рдорд┐рд▓ рдЬрдореАрди

=> рдкреАрдПрдирдмреА рдШреЛрдЯрд╛рд▓реЗ рдкрд░ рдкрд╣рд▓реА рдмрд╛рд░ рдмреЛрд▓реЗ рдЕрд░реБрдг рдЬреЗрдЯрд▓реА, рдмреИрдВрдХ рдЖреЕрдбрд┐рдЯрд░ рдкрд░ рдЙрдард╛рдпрд╛ рд╕рд╡рд╛рд▓

=> рдмрд┐рд╣рд╛рд░ : 1426 рдкрд░реАрдХреНрд╖рд╛ рдХреЗрдВрджреНрд░реЛрдВ рдкрд░ рдЖрдЬ рд╕реЗ рд╢реБрд░реВ рд╣реЛрдЧреА рдореИрдЯреНрд░рд┐рдХ рдкрд░реАрдХреНрд╖рд╛, рдкрд╣рд▓реЗ рджрд┐рди рдЕрдВрдЧреНрд░реЗрдЬреА рд╡рд┐рд╖рдп рдХреА рд╣реЛрдЧреА рдкрд░реАрдХреНрд╖рд╛

=> рдиреАрддреАрд╢ рдХрд╛ рдЬрд╛рдкрд╛рди рджреМрд░рд╛, рдмрд┐рд╣рд╛рд░ рдореЗрдВ рдЗрд▓реЗрдХреНрдЯреНрд░реЙрдирд┐рдХ рдФрд░ рдСрдЯреЛрдореЛрдмрд╛рдЗрд▓ рдлреИрдХреНрдЯрд░реА рд▓рдЧрд╛рдиреЗ рдХреА рдЕрдкреАрд▓

=> рдмреЛрд▓реЗ рдиреЗрдкрд╛рд▓ рдХреЗ рдкреАрдПрдо рдХреЗрдкреА рдУрд▓реА- рдЪреАрди рдХреЗ рд╕рд╛рде рд░рд┐рд╢реНрддреЗ рдЧрд╣рд░реЗ рдХрд░ рднрд╛рд░рдд рд╕реЗ рд▓реЗрдВрдЧреЗ рдЕрдзрд┐рдХ рдлрд╛рдпрджрд╛

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Economic Times

├Ш  India Inc to invest $1 bn, create 5K new jobs in Canada
├Ш  EPFO likely to announce 8.65% interest on EPF
├Ш  Sundaram MF suspended from BSE Star MF

Business Standard

├Ш  RBI may tighten approvals for offshore borrowing to avoid any defaults
├Ш  Indian software services growth to remain flat at 7-9% in FY19 too: Nasscom
├Ш  Deposit Rs 100 million to pay interest to home-buyers: SC to Supertech
 
Business Line

├Ш  Gold falls to Rs 31,700; silver plunges by Rs 535 per kg
├Ш  Realty, bank stocks pull Sensex down 71 points; Nifty falls to 10,360
├Ш  MCX Natural Gas bounces from a long-term base

Mint

├Ш  ArcelorMittal, VTB hit snag in pursuit of $6 billion Essar Steel
├Ш  IndiGrid acquires 3 transmission assets, buys Patran Transmission stake for Rs232 crore
├Ш  Reliance Jio sparks a face off between Trai, CCI
 
Financial Express

├Ш  Rupee tumbles 58 paise against US dollar, hits the lowest since November 2017
├Ш  Sensex ends at 33,703; PNB settles in green after 5-day bloodbath, other PSU banks rally up to 5%
├Ш  Mahindra to discontinue Xylo, Verito, Nuvosport by 2020: 4 new SUVs in addition to New Scorpio, XUV500

Financial Chronicle

├Ш  Dhaka SE approves China's bid; rejects IndiaтАЩs offer
├Ш  RIL to acquire 5% in Eros International for Rs 1,000 cr
├Ш  PNB fraud exposes holes in RBI supervision, audit