Wednesday, 13 June 2018

13 June 2018 News

13th June 2K18

Economic Times

Ø  Inflation jumps to 4-mnth high, factory growth steady 
Ø  DoT likely to skip auctions for backhaul spectrum
Ø  PNB, 13 others get Moody's counterparty risk ratings
Ø  GST refund drive extended till June 16 
Ø  Ruchi Soya: Adani group emerges as highest bidder
Ø  Sebi for direct listing of Indian companies abroad 
Ø  Bank staff threaten to intensify stir in July, August

Business Standard

Ø   US margins under stress, Indian drug makers get booster dose in Europe
Ø  RBI pumped in $2.5 billion in April to cut rupee volatility
Ø  RBI guv faces house panel, grilled on bad loans, bank frauds, cash crunch
Ø  Insolvency: Tata Steel likely to have an edge in battle for Bhushan Power
Ø  Indian companies seventh most optimistic on hiring plans, says survey

Business Line

Ø  Super regulator FSDC to meet on June 14
Ø  Bharat Forge invests £10 m in UK-based Tevva Motors
Ø  Solar installations in India see rise in 34% this quarter
Ø  NCLTto resolution professional: Relook new bids for Alok Ind
Ø  Mahindra-TERI centre of excellence to develop energy-efficient 
Ø  Battle for data: RJio offers more to counter Bharti Airtel

 Mint

Ø  Issues raised by USFDA on Halol resolved: Sun Pharma
Ø  TCS eyes $1.36 billion over 10 years from deal with Prudential arm
Ø  Sebi panel to look at ways to ease listings for start-ups
Ø  NIIF will provide long-term patient capital for infra sector, says Sujoy Bose
Ø  Govt plans to allow CSCs to offer banking services
Ø  Shree Cement plans to close Union Cement deal by July

Financial Express

Ø  Govt expects new telecom policy to be in place by July end
Ø  Reliance Industries Limited completes acquisition of 73% stake in Artificial Intelligence firm Embibe
Ø  Tata Steel’s joint venture with Thyssenkrupp hits delay
Ø  Power dues of govt departments in UP balloon to Rs 10,400 cr
Ø  IBC changes will cut timelines, improve realisations: Report

Financial Chronicle

Ø  RBI seeks more powers to ably regulate PSBs
Ø  Rites sets IPO price band at Rs 180-185
Ø  Unitech Q4 net loss widens to `1,000 crore
Ø  Nothing unusual about monsoon lull: IMD
Ø  Manpower shortage hinders IPO plans of IRCTC, RVNL