14th March 2K18
Economic Times
Ø RBI scraps LoUs, the tool that set off India's biggest banking scam
Ø Raghuram Rajan defends 80:20 gold scheme
Ø Tata Sons sells shares worth nearly Rs 9,000 cr in TCS
Ø Bhushan Steel's insolvency resolution put on hold
Ø SBI closes 41L SB accounts for not keeping min balance
Ø Nirav case: Total fraud amount rises to Rs 13,600 cr
Ø Showcause notices issued to telcos on call drops: TRAI
Business Standard
Ø SC extends deadline for linking Aadhaar to phones, bank accounts
Ø States issued Rs 283.98 bn as GST compensation till Dec: Arun Jaitley
Ø PNB discloses Rs 9.42 bn additional exposure in Nirav Modi, Choksi fraud
Ø Govt to sell 10% stake in HAL through Rs 42.30 billion IPO
Ø BPCL to participate in insolvency process for Nagarjuna Oil corp
Ø Banks agree to govt terms for Rs 800-billion recapitalisation bonds
Business Line
Ø MCX set to launch world’s first brass futures contract
Ø Near-term correction likely in NCDEX refined soya oil
Ø July-Dec 2017 saw surge in MSMEs seeking credit for first time
Ø Suzlon installs India’s largest wind turbine generator
Ø Zydus Cadila gets USFDA nod for Tizanidine tablets
Mint
Ø HDFC to pare over 4% stake in AMC arm through IPO
Ø Gail India buys 2 LNG cargoes for April delivery-traders
Ø HDFC Bank blocks all its cards to buy, trade cryptocurrencies
Ø RCom says to appeal NCLT order against Reliance Infratel asset sale
Ø Bharat Dynamics IPO sees 32% subscription on Day 1
Financial Express
Ø Over 9,000 cases under consideration of NCLT, including over 2500 cases of insolvency, says government
Ø India to become collateral damage in Trump’s trade war on steel, aluminium
Ø IBC: Government says no reduction in resolution plan submissions post Ordinance
Ø China accounts for 66 pct of India’s bulk drug imports in FY’17
Financial Chronicle
Ø Karnataka allots 43 acres to Wistron for Apple’s iPhone unit
Ø SBI retains minimum balance limit, but cuts penalty charges by 75%
Ø Eicher ends Polaris JV, Multix dumped
Ø Suzlon to set up 36 wind units for Maharashtra utility
Ø Small cars have higher insurance loss ratio than SUVs
