28 May 2018 news

*Quote of D-DAY*

No relationship is lifelong, but each relation has it's lifelong memories. Life's good when relations live with it, but it becomes best when we live for it.

Good Morning 💐💐

*Happy Reading on 28.05.2018*

*Mint*

=> Govt may tell Tata Tele to settle dues before deal with Tata Communications

=> Kerala: Chengannur bypoll today, CPM, Congress gear up to thwart BJP

=> Adani Group looks to buy Shree Renuka Sugars from Wilmar International

=> Online insurance startup Acko raises $12 million from Amazon, others

=> Chandrababu Naidu sounds poll bugle for 2019 elections, tears into BJP

=> Narendra Modi inaugurates two expressways, says infra key priority

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*Business Standard*

=> Maruti Suzuki switching lanes: Small cars now down to 25% of total sales

=> Few takers for Maharaja: Global roadshows for Air India get tepid response

=> IPL's online viewership doubles this year, adds over 200 million viewers

=> At current rates, Bangladesh could top India's per capita income by 2020

=> Sterlite stir: Thoothukudi casts a shadow on Vedanta bid for Electrosteel

=> Monsoon to hit Kerala coast in the next 48-72 hours: Met department

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*Economic Times*

=> Kairana Lok Sabha bypoll test for BJP, Opposition today

=> CSK lifts IPL 2018 trophy, Watson slams ton

=> PGCIL may get big pie of transmission corridors

=> Renuka Ramnath taps Mukesh Ambani, Binny Bansal, others for Rs 1,000 crore fund

=> Ready for any scrutiny on TN plant: Anil Agarwal

=> DRI slaps IGST notice on erring exporters

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*Financial Express*

=> By-elections 2018: Voting begins in Kairana, Palghar, other constituencies

=> Mumbai ropes in drones, panic buttons to bolster women's safety

=> Delhi-Meerut Expressway: PM Modi inaugurates India's first 14-lane highway

=> Delhi Metro Magenta Line to be inaugurated on May 28; Gurgaon to Noida travel will now take 30 minutes less

=> Netherlands Queen Maxima arrives in India for four-day visit

=> Imran Khan eyes victory as Pakistan announces elections

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*Hindustan Times*

=> Shane Watson special seals third IPL title for Chennai Super Kings

=> Bypolls in 10 states today as BJP faces united opposition test

=> RSS says Pranab Mukherjee will attend its Nagpur event on June 7

=> At mercy of Congress and not 6.5 crore people of Karnataka: Kumaraswamy

=> Ireland’s new abortion law may be named after Savita Halappanavar

=> Al Jazeera TV sting sends cricket world in a spin as ICC demands evidence

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*Indian Express*

=> Social media abuzz with Watson masterclass

=> Bypolls today for four Lok Sabha, 10 assembly seats; BJP faces united opposition

=> Bihar’s prohibition crackdown: Two years later, OBC, EBC, SC, ST face brunt of government’s crackdown

=> IPL 2018 Final: Shane Watson's brutal 51-ball hundred powers CSK to third title

=> Fishermen, trafficking on table as India, Pakistan coast guards meet today

=> Two Australia cricketers, three from England involved in fixing in India: Al Jazeera sting

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*The Hindu*

=> India protests Pakistan’s Gilgit-Baltistan order

=> Super Kings make it a fairytale return

=> Sheikh Hasina’s offer to restore Sri Aurobindo Bhavan faces social media backlash

=> EC plans to let those not on rolls vote

=> Deadlock over Karnataka Cabinet continues

=> Rajya Sabha Deputy Chairman election to witness tight contest

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*The Times of India*

=> PM woos MBCs with pitch for quota within OBC limit

=> Watson century powers CSK to third IPL title

=> Just 4 debits can freeze Jan Dhan accounts

=> Lajpat Nagar section of Pink Line delayed

=> Govt to review pass-all policy for Classes V, VIII

=> 119 Naxals, 65 terrorists killed till May this year

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*अमर उजाला*

=> कैराना समेत चार संसदीय और 10 विधानसभा सीटों पर उपचुनाव आज

=> कर्नाटक: कांग्रेस-जदएस गठबंधन में दरार, आरआर नगर उपचुनाव में दोनों आमने-सामने

=> चेन्नई सुपरकिंग्स ने तीसरी बार जीता IPL का खिताब, शेन वॉटसन ने जड़ा नाबाद शतक

=> पूर्व VHP नेता तोगड़िया बनाएंगे 24 जून को नया राजनीतिक दल

=> सुप्रीम कोर्ट ने गैंगरेप और हत्या के आरोपी का मृत्युदंड रोका

=> उसी जगह और उसी तारीख को होगी किम जोंग से मुलाकात : ट्रंप

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*हिन्दुस्तान*

=> फिर दिखा धौनी की कप्तानी का जलवा, CSK के नाम तीसरी बार IPL खिताब

=> कर्नाटक के CM बनने के बाद आज पहली बार PM मोदी से मिलेंगे कुमारस्वामी

=> कश्मीर: पुलवामा में आर्मी कैंप पर आतंकी हमला, एक जवान शहीद

=> ईस्टर्न के बाद वेस्टर्न पेरिफेरल एक्सप्रेस की बारी, जून में होगा शुरु

=> 226 साल पुराने एनवाईएसई की पहली महिला प्रमुख बनीं स्टेसी कनिंघम

=> पीएम मोदी ने किया ईस्टर्न पेरिफेरल एक्सप्रेस-वे का उद्घाटन

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*दैनिक जागरण*

=> उपचुनाव: कैराना समेत 4 लोकसभा और 10 विधानसभा सीटों पर मतदान शुरू

=> भारत की चेतावनी, गिलगित-बाल्टिस्तान से अवैध कब्जा खत्म करे पाक

=> कर्नाटक में कांग्रेस ने मांगे डिप्टी सीएम के दो पड़

=> कर्नाटक में एक हफ्ते नहीं हो सकेगा मंत्रियों के विभागों का बंटवारा, वित्त पर फंसा पेंच

=> धौनी की कप्तानी में चेन्नई बनी आइपीएल 2018 की चैंपियन, तीसरी बार जीता खिताब

=> नहीं बदलेगा किम-ट्रंप की मुलाकात का दिन, आज हो सकता है बड़ा ऐलान!

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*प्रभात ख़बर*

=> उपचुनाव : चार लोकसभा और 10 विधानसभा सीटों पर वोटिंग आज

=> अल जजीरा चैनल के स्टिंग में दावा, रांची में भारत व ऑस्ट्रेलिया टेस्ट मैच था फिक्स!

=> IPL 11 : वाटसन का शतक, चेन्नई तीसरी बार बना आईपीएल चैंपियन

=> भारत के तीन टेस्ट 'पिच फिक्सिंग' स्टिंग के दायरे में, इंतजार करेंगे बीसीसीआई और सीए

=> चाल से आपकी पहचान बता देगा Artificial Intelligence

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*28.05.18 Economic News*

*GST to be Levied on Goods Stored In Customs Warehouse, Only On Final Clearance: CBIC

*RBI Governor Urjit Patel will appear before a Parliamentary Panel on June 12 to brief them about Banking Frauds and Mounting Bad Debts

*CBDT Notifies the Income Tax (6th Amendment Rules) wherein it is provided that only Merchant Bankers are entitled to do Valuation of Unquoted Shares and the Chartered Accountants are no more eligible to do so, which is a Big Setback for the CAs.

*All 7 ITR Forms Released For E-Filing: Income Tax Department

*PNB fraud: After Vijay Mallya, ED is set to move a special court in Mumbai to Seek Permission for "Immediate Confiscation" of about Rs 7,000 Crore Assets of diamond jeweller Nirav Modi under the recently promulgated Fugitive Economic Offenders Ordinance.

*CCI has launched a public scrutiny of the mega deal between Industrial Gas Firms Linde and Praxair, saying that it is of the prima facie view that the proposed merger is likely to have an appreciable adverse effect on competition.

*The Bombay High Court will hear the dispute between the National Stock Exchange (NSE) and the Singapore Exchange on New Derivative Products on May 31

*EPFO Cuts Administrative Charges from 0.65% to 0.5%. As a result, over 5 Lakh Employers Together Would Save Around Rs 900 Crore Annually, With Effect From June 1, 2018

*ICAI issues Valuation Standards as a benchmark for Valuation Practices applicable for Chartered Accountants

*Finance Ministry in talks with Investors to Set Up Strategic Investment Fund Under the National Investment and Infrastructure Fund

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28th May 2K18

Economic Times

Ø  India launches second IT corridor in China
Ø  DLF sells nearly 50K sq ft office space in Gurugram
Ø  No-frills a/c holders fined heavily over withdrawals
Ø  Patanjali sweetens bid for Ruchi Soya
Ø  MTNL debt, pay scale difference impede merger: BSNL
Ø  Amul eyes Rs 50,000-crore group turnover in FY19
Ø  PGCIL may get big pie of transmission corridors

Business Standard

Ø  FPIs press sell button on Indian stocks, bonds worth $7 bn since April
Ø  Employers to save 9 bn annually as EPFO cuts administrative charges to 0.5%
Ø  IPO market hots up as 3 dozen companies line up listings worth Rs 350 bn
Ø  PNB fraud: ED to seek immediate confiscation of Nirav Modi's 70-bn assets
Ø  TCS spent Rs 15 bn on R&D & innovation in FY18, up 17% over last year

Business Line

Ø  Centre may not give NBFCs more time to switch to Ind AS
Ø  Coal import declines 9% to 17.32 mt in April
Ø  India to attend WTO members meet in Paris
Ø  SECI named nodal agency for setting up 2.5 GW wind-solar projects
Ø  Petronet to partner ONGC Videsh for stake in Qatar Petroleum LNG project
Ø  Angel investments in small start-ups get tax exemption

 Mint

Ø  Finance ministry in talks with investors to set up strategic investment fund under NIIF
Ø  Three dozen companies line up IPOs worth Rs35,000 crore
Ø  New India Ass looks to lower health-loss ratio to 95%
Ø  Era Infra lenders weigh steps to boost firm’s equity value
Ø  Govt may tell Tata Tele to settle dues before deal with Tata Communications
Ø  Adani Group looks to buy Shree Renuka Sugars from Wilmar International

Financial Express

Ø  Economy on recovery path, investments likely to pick up: CII
Ø  NALCO preparing business model to earn additional Rs 935 cr
Ø  Mounting NPAs: RBI Governor Urjit Patel to brief parliamentary panel

Financial Chronicle

Ø  Rupee to remain under pressure due to dollar’s strength, twin deficits
Ø  Govt mulls windfall cess on upstream oil firms