Navigate

Monday, 23 April 2018

23 April 2018 News

23rd April 2K18

Economic Times

Ø  IMF unveils new corruption policy for member states
Ø  US-China trade war to hurt global growth: EIU
Ø  TCS bets on Business 4.0 to push digital revenue to over $5 billion
Ø  Sebi may seek forensic probe of ICICI Bank books
Ø  Ordinance against fraud fugitives gets President's nod 
Ø  E-commerce think tank to hold first meet on April 24

Business Standard

Ø  Russia adds Google IPs to registry of banned sites
Ø  India's crude steel output to soar by 38% to 140 million tonnes in 2018
Ø  Ahead of merger with Vodafone, Idea's 100% FDI proposal under consideration
Ø  Goa Shipyard to go public next year; eyes Rs 50-bn revenue in 5 years: CMD
Ø  IIFCL tears into Jaypee Infra bid evaluation process, calls for fair review
Ø  FPI outflow in April at Rs 80 bn on trade negotiations, rising bond yields
 
Business Line

Ø  Indian 'elephant ready to run' after sustained economic reforms: IMF official
Ø  ‘Govt will roll out a red carpet to foreign steel cos’
Ø  India’s GDP expected to reach $5 trillion by 2025: Economic Affairs Secretary
Ø  Real GDP growth may expand to 7.4% in 2018-19: RBI Governor
Ø  Fugitive economic offenders Ordinance gets Cabinet nod
Ø  TCS platform enables transparent data-sharing

Mint

Ø  World Bank approves $13 billion capital boost as US drops objection
Ø  HDFC Bank Q4 net profit rises 20% to Rs4,799 crore
Ø  L&T sells Bengaluru land parcel to Phoenix-CPPIB platform for Rs650 crore
Ø  Investors in IBC companies face a harsh reality
Ø  Tata Motors’ market share in commercial vehicles rises to 44% in FY18 on turnaround strategy
Ø  Flipkart could sell controlling stake to Walmart as early as next week
 
Financial Express

Ø  IBC, RERA conflict apparent in some bankruptcy proceedings: Assocham
Ø  Mahindra Electric ties up with Meru for e-vehicle project
Ø  RP tells NCLT Rewant Ruia end beneficiary of Numetal
Ø  India calls for increase in voting rights at World Bank
Ø  IMF, World Bank must develop strategy for enhancing public debt transparency: India
Ø  US Hints at China Truce as World Warns of Trade-War Threat

Financial Chronicle

Ø  RBI circular barring banking service for crypto-currencies challenged in HC
Ø  Nickel gains on possible sanction worries
Ø  OTC biz to contribute 15-20% to revenues
Ø  US-China trade war boosts cotton exports