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Thursday, 15 March 2018

15 March 2018 News

15th March 2K18

Economic Times

Ø  World Bank projects India's FY19 GDP growth at 7.3% 
Ø  SBI may challenge order against taking over assets
Ø  Currency in circulation back to pre-demonetisation level
Ø  LTCG relief for investors of unlisted cos as govt extends indexation benefit
Ø  Indian realty sector market to reach $180 billion
Ø  Saudi turns to nuclear power to curb oil addiction
Ø  Decoding Videocon's move on Philips, Electrolux 

 Business Standard

Ø  PNB fraud: RBI guv Urjit Patel blames regulatory constraints for scam
Ø  WB to raise lending to India by $1 bn for next five years
Ø   Strides Shasun gets US FDA approval for HIV treatment drug Efavirenz
Ø   Torrent may raise Rs 15 bn via QIP as it readies to bid for Sanofi assets
Ø   Revise GST, impose anti-dumping duty to boost textile sector: Parl panel

Business Line

Ø  Cabinet approves India, Iran double taxation pact
Ø  Wholesale price inflation eases to 2.48% in Feb
Ø  Ban on LoUs to have disruptive impact: India Inc
Ø  Suzlon installs India’s largest wind turbine generator
Ø  Calderys India Refractories eyeing 25% capacity expansion
Ø  L&T wins contracts worth₹1,600 crore

 Mint

Ø  BoI hits pay dirt on recoveries, helps lift sentiment for public sector peers
Ø  Yes Bank acquires 17.31% stake in Fortis Healthcare
Ø  Bharat Dynamics IPO sees 46% subscription on Day 2
Ø  UltraTech Cement hikes bid for Binani Cement to $1 billion
Ø  PNB fraud: ED seeks Interpol warrant against Nirav Modi, Mehul Choksi

Financial Express

Ø  Sensex, Nifty end in red as blue-chip shares plunge, PSU banks rise up to 14%; OMCs tumble
Ø  Bharti Airtel approves allotment of debentures to raise Rs 3,000 cr
Ø  67% Indian businesses hit by ransomware, 38% twice: Sophos
Ø  Aviation ministry eyes 5-fold rise in passenger trips to 1 bn in 15-20 years: Jayant Sinha
Ø  Clean-up act: Banks may give PNB short-term loans

 Financial Chronicle

Ø  Bandhan Bank aims to keep gross NPA below 1%
Ø  Wipro to divest hosted data centre services biz to Ensono for $405m
Ø  RBI Guv calls for more powers to regulate state-owned lenders