23rd March 2K18
Economic Times
Ø CAD may treble to $10-12 billion in Q4: Icra
Ø M&A deal volume at 7-year high in 2017: EY
Ø PNB issued over 41k LoUs since 2011: FinMin
Ø PSU bets give LIC a Rs 20,000 crore headache
Ø PNB fraud: Interpol seeks additional info from ED
Ø Tax-free gratuity limit doubles to Rs 20 lakh
Ø Reliance Retail plans to raise Rs 4k cr via rights issue
Business Standard
Ø Trump to hold off steel tariffs for EU, six others: US trade envoy
Ø Confident about expeditious completion of asset sale plan: RCom
Ø Cox & Kings sells 11.58% stake in education and hotels arm for Rs 4.5 bn
Ø SC refuses to lift stay on RCom asset sale to Reliance Jio
Ø Indian Oil considers investing $3.5 bn from April to expand capacity
Business Line
Ø Capital gains from buyback ‘gold rush’ on taxman’s radar
Ø Deadline for bidding oil and gas blocks extended to May 2
Ø Shortage of coal continues to hit power generation
Ø Merger of Dish TV India, Videocon d2h completed
Ø Panel of creditors urges NCLT to consider Dalmia Bharat’s bid for Binani Cement
Ø Hero MotoCorp hikes stake in Colombian jt venture to 68%
Mint
Ø Last date of bidding for 55 oil and gas blocks extended
Ø Standard Chartered is said to start sale process for private equity unit
Ø After PNB, SBI, now Union Bank of India hit by bank fraud
Ø ICICI Securities IPO sees 29% subscription on Day 1
Ø IRB Infrastructure bags Rs3,400-crore road project from NHAI in UP
Ø Kumar Mangalam Birla to lead Vodafone-Idea combine’s leadership team
Financial Express
Ø Proprietors, LLPs, HUFs under CBEC scanner for claiming transitional credit
Ø Government extends duty benefit for export of Bengal gram
Ø Insolvency law panel likely to finalise report this month
Ø Over a third of economists push back timing of Bank of Japan stimulus exit
Financial Chronicle
Ø MCX to start brass futures trading next week
Ø NCLT cracks down on DSK Developers
Ø Gas price to be hiked, power, urea output cost to rise
Ø RBI to pay Rs 10,000cr dividend
Ø Sebi mulls halting trade in companies referred to NCLT