Thursday, 1 March 2018

01 March 2018 News

1st March 2K18

Economic Times

Ø  Modi govt's asset monetisation drive gets a huge Australian boost
Ø  'Q3 marks India's return as fastest growing economy'
Ø  Airtel wants to get out of towers, committed to Africa
Ø  Currency in circulation almost at pre-note ban levels
Ø  New LTCG tax: ESOPs may not get 'grandfathering'
Ø  Canara Bank files fresh complaint against RP Infosystem
Ø  Reliance Aerostructure-Thales JV gets CCI approval
Ø  Bayer to win EU approval for Monsanto deal: Sources

 Business Standard

Ø  Bank guarantee limit for pulses & oilseeds for Nafed doubled to Rs 190 bn
Ø  Nirav Modi refuses to join CBI investigations in PNB scam case: Officials
Ø  Govt announces Rs 50 bn fund to jumpstart growth in 12 key services sectors
Ø  Jan core sector growth sharply rises to 6.7%; cement, refinery output zoom
Ø   Ex-RBI governor Subbarao cautions govt against deficit, import duties
Ø   April-Jan fiscal deficit touches 113.7% of full-year target

Business Line

Ø  Goa mining ban yanks down India investment ranking: Report
Ø  SBI hikes deposit rates by up to 50 bps across tenors
Ø  Economy to grow at 7.6% in calendar year 2018: Moody’s
Ø  Dilip Buildcon wins Rs 2,013-cr highway project
Ø  Luxury market on course to touch $30 bn by December
Ø  BHEL pays 40% interim dividend

 Mint

Ø  I-T dept issues look out circulars against Nirav Modi, Mehul Choksi
Ø  Rel Jio prepares strong rural push to boost Jio Phone sales
Ø  INX Media case: CBI gets one-day custody of Karti Chidambaram
Ø  DLF arm to buy Gurugram land for Rs1,496 crore
Ø  BSE to delist 36 companies from 5 March
Ø  Cipla ties up with Roche to sell two key drugs in India

Financial Express

Ø  Smriti Irani suggests using jute in infrastructure, smart city projects
Ø  Former RBI governor D Subbarao cautions India on deficit, import duties
Ø  India needs to evolve into a pensioned and insured society, says Arun Jaitley
Ø  15th Finance Commission to commission study on cess collections of Centre

 Financial Chronicle

Ø  Housing finance firms set to overtake PSBs in home loans
Ø  India falls out of mining investment destination list
Ø  Economy grows 7.2% in Q3, sigh of relief for Modi govt
Ø  L&T to sell 2% stake in L&T Technology