26.06.18 Economic News
👉SEBI comes out with a list of 1,690 Defaulters, who failed to pay penalties imposed by SEBI till the end of May, which includes both the Individuals as well as Companies
👉RBI widens ICICI Bank Probe After Whistleblower Complaints. It is now looking into Alleged Delays in Provisioning for NPAs and So-called Loan Evergreening, among other Wrongdoings
👉PNB Fraud: ED Moves Special Court in Mumbai, Seeking Extradition of Diamond Jeweller Nirav Modi from the UK and Hong Kong
👉Govt Extends the Ban on Import of Milk Products from China for 6 months, till December 23
👉To make Stock Market Listing Attractive for Startups, Leading Stock Exchange BSE has decided to launch a new platform next month on 9th July to list the New-Age Companies
👉IBBI denies Registration as IP against whom Criminal Proceedings are pending, Slams ICSI IIP for Recommendation as fit and proper to be enrolled as IP
👉India Inc's Outbound FDI i.e. Indian Companies' Investments into their Overseas Subsidiaries/Joint Ventures Fell by 63 Per Cent to $ 1.17 Billion in May this year, according to RBI data
👉Reliance Jio Raises $1 Billion from Korean firm, Korea Trade Insurance Corporation (K-Sure)
26th June 2K18
Economic Times
Ø Sebi comes out with a list of 1,690 defaulters
Ø Fuel under GST impractical: NITI Aayog VC
Ø Sebi for adjudication proceedings against Kochhar
Ø RBI proposes Board of Management for UCBs
Ø India Inc's FDI dips 63% to $1.17 billion in May
Ø Govt says LIC buying IDBI stake an acquisition.
Ø UltraTech Cement plans to raise Rs 9,000 crore
Business Standard
Ø Capital cost for $4.5 trillion infra investment a challenge: Piyush Goyal
Ø Government mulls injecting Rs 4.6 bn into pharma to reduce bulk drugs cost
Ø BSE, NSE create framework to bring stocks under enhanced surveillance
Ø Reliance Jio takes $1 bn term loan to pay Korean vendors Samsung, Ace Tech
Ø Greystar to buy EdR Trust for $4.6 bn, own $10 bn in US market portfolio
Business Line
Ø BSE to launch new platform to list start-ups on July 9
Ø OIL makes gas discovery in Andhra Pradesh
Ø Monsoon session of Parliament to begin from July 18
Ø ADNOC joins Saudi Aramco to build Ratnagiri Refinery
Ø Ban on import of milk products from China extended till Dec
Ø OnMobile Global bets big on mobile gaming to drive growth
Mint
Ø Exide Industries to acquire Tudor’s factory in Gujarat
Ø RIL may go for a Reliance Jio IPO in 2-3 years
Ø Govt panel on sugar cess under GST may suggest broader agri cess
Ø RBI may soon introduce mobile wallet interoperability rules
Ø Hero Cycles plans ₹250 cr investment for Punjab factory
Ø JLR lines up £13.5 billion investment in 3 years
Financial Express
Ø KFC to target new business worth Rs 1,500 cr, posts profit
Ø Haryana government to recover long-pending dues of developers
Ø Jet Airways plans to buy 75 more Boeing 737 MAX planes
Ø Working to evacuate acid spillage at Tuticorin plant: Vedanta
Ø Gas distribution to reach 49 per cent of India’s population, says PNGRB
Financial Chronicle
Ø Dr Reddy's loses patent case with Eli Lilly over Alimta
Ø 34 in race for MD posts in PSBs, interviews from June 28
Ø Coffee sector seeks govt support for re-plantation
Ø Heads of 11 PSBs to meet House panel on Tuesday
Ø Base metals trade negative on trade war worries
