Monday, 26 March 2018

26 March to 2018 News

26th March 2K18

Economic Times

Ø  'India proposes to negotiate trade pact with Africa'
Ø  'Trade war can lead to collateral damage for India'
Ø  Guaranteed crop prices to take all costs into account: PM
Ø  BSNL to invest Rs 4,300 crore for network expansion
Ø  Rural bank employees threaten to go on three-day strike
Ø  'Applicants from India for EB-visas may drop by 80%'
Ø  Dhoot Transmission set to buy UK’s Parkinson Harness

 Business Standard

Ø  Telecom sector to create 10 mn jobs in next five years: Skilling council
Ø  ONGC may buy out GAIL in Gujarat's Dahej petrochemical project
Ø  Set aside divestment proceeds for sick PSUs revival: Parliament panel
Ø  Lateral buying swells FY18 oil capex to $1.11 tr till February
Ø  Foreign investors will continue to sell Indian equities: Geoffrey Dennis
Ø  Vedanta eyes Electrosteel for value addition, says chairman Navin Agarwal

Business Line

Ø  Leather exporters approach Italian banking group for funds
Ø  PNB plans to stake claim in insolvency proceedings of Nirav Modi co
Ø  MRPL to come out with BS6 diesel by March 2019
Ø  ArcelorMittal declassifed as Uttam Galva Steels promoter
Ø  Vedanta unlikely to participate in rebidding of Essar Steel
Ø  Precision Camshafts buys 76% in German company MFT

 Mint

Ø  Sebi plans to come out with new buyback rules
Ø  Ujjawala scheme: Indian Oil, others defer loan recovery up to 6 LPG refills
Ø  ShopClues sees 60% revenue growth, eyes profits in 12-18 months
Ø  STC, MMTC merger on cards, says Suresh Prabhu
Ø  CBI arrests Totem Infra promoters in bank fraud case
Ø  Arvind Panagariya makes strong case for PSU bank privatisation

Financial Express

Ø  GST relief: Businesses with zero tax liability may get to file returns bi-annually
Ø  India, China to discuss ways to boost trade in JEG meet
Ø  Union opposes Pawan Hans sale, writes to PMO to look at IPO instead
Ø  Doubling farmers' income: Panel submit final report next month

 Financial Chronicle

Ø  359 infra projects show cost overrun of Rs 2.18 lakh crore
Ø  Carbon black shortage hits rubber sector
Ø  NTP likely to bring tower operators under RoW rules
Ø  IBC may emasculate banks as haircut is as high as 90%