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Monday, 18 June 2018

18 June 2018 News

18th June 2K18

Economic Times

Ø  Oil companies plan to add 25,000 petrol pumps
Ø  NMDC, Karnataka steelmakers clash over iron ore rates
Ø  Aircel, RCom yet to clear dues, allege distributors
Ø  Walmart deal will be cancerous to retail trade: CAIT
Ø  Excise duty cut on oil to impact fiscal health: Moody's
Ø  BBB suggests 22 GMs to appoint as EDs at PSBs
Ø  States' fiscal deficit steeply falls by 25% in FY18

 Business Standard

Ø  Every Re 1 cut in excise duty on fuel to cost govt Rs 130 bn, says Moody's
Ø  DoT may clear Voda-Idea merger tomorrow; seeks Rs 21 bn bank guarantee
Ø  NABARD to lend Rs 210 bn to Madhya Pradesh in current fiscal year
Ø Depositories share companies' information with exchanges on FDI limits
Ø  Air India's listing hits roadblock after SEBI refuses to relax norms

Business Line

Ø  US pips India as top greenfield FDI investment destination: Report
Ø  PM says challenge now is to achieve double-digit economic growth rate
Ø  ED set to soon file charge-sheet against Mallya in Rs 6,027-cr loan repayment case
Ø  NHB directs housing finance cos to comply with IND-AS provisions
Ø  The strange case of dip in scooter sales after 15 months of growth

 Mint

Ø  Sebi plans to revise share buy-back regulations
Ø  5G rollout in India: Panel bats for early release of spectrum for R&D
Ø  Dues of Punjab National Bank’s big wilful defaulters rise to Rs15,490 crore
Ø  Lupin expects single digit sales growth in 2018-19
Ø  Large builders eye township projects as small firms exit
Ø  Reliance Industries investing in India’s first carbon fibre unit

Financial Express

Ø  India has trade deficit with 10 RCEP members
Ø  Kerala government to leverage Blockchain technology to streamline supply network
Ø  Number of office leasing deals up 56% in last 5 years; average size down 10%
Ø  ONGC sells CBM gas at $5.77-6.12 per MMBtu
Ø  Temporary restraining order for Dr Reddy’s

Financial Chronicle

Ø  States collect Rs 10K cr taxes online post e-gov initiatives
Ø  Nifty EPS will grow 17% in FY19 & FY20
Ø  Rubber MSMEs demand review of dumping duty
Ø  Number of office leasing deals up 56% in last 5 years
Ø  Borosil to raise solar glass production to meet rising demand