5th December 2K18
Economic Times
Ø Nothing strange about back series GDP data: NITI VC
Ø India GDP to recover in Q4; Q3 to remain slow: Niti
Ø Before Brexit debate, UK's May suffers damaging blow
Ø DoT may appoint audit firms for telcos by month-end
Ø Sebi directs HDFC MF to pay Rs 3.79 crore to settle violations
Ø Govt notifies dual fuel usage for agri, tractors
Ø HCL extends pact with Barclays; to take over 460 staff
Business Standard
Ø Sebi panel bats for direct listing of Indian firms on foreign exchanges
Ø Kesoram, the flagship of B K Birla Group, to hive off tyre division
Ø S&P lowers Tata Motors rating over JLR's weaker-than-expected profitability
Ø I-T dept examining taxation issues in the $16 bn Walmart-Flipkart deal
Ø Lighthouse India invests over Rs 2.5 bn for minority stake in Aqualite
Business Line
Ø MUDRA loans: Big States get a major share; smaller ones left high and dry
Ø Incremental credit to MSEs up 5 times to Rs 1.23 lakh cr post GST:
Ø India, UAE sign currency swap deal
Ø Importers like India may gain from tension in OPEC
Ø Allocation for rural job scheme may go up to ₹60,000 cr: Jaitley
Ø Insider trading charges come back to haunt Sun Pharma
Mint
Ø Blackstone may buy Adani’s BKC property for ₹1,900 crore
Ø Single solution for IL&FS crisis, debt not possible, NCLT told
Ø Sebi panel votes for overseas listing of Indian companies
Ø Indian Oil Corp issues 5-year tanker tender to import Iraqi oil, document reveals
Ø USFDA closes inspection of Alkem’s St Louis manufacturing facility
Ø WTO agrees to hear complaints from India, Switzerland over US tariffs
Financial Express
Ø India to allow business visa extension for up to 15 years
Ø Engineering exports likely to touch USD 80 billion this fiscal: EEPC
Ø Number of patents granted by India shot up by 50% in 2017, reports UN
Ø Domestic flat steel prices likely to face temporary pressures from cheap imports: Icra
Financial Chronicle
Ø Govt gives up mgmt control in IDBI Bank to LIC, stays away from open offer
Ø Indo-Saudi bilateral trade may rise 10% in FY19: Riyadh
Ø FinMin rules out dividend exemptions to meet payout target
Ø Special audit of pvt telcos to start in Jan after 6 years