10th December 2K18
Economic Times
Ø GDP back series: Ex-CEA calls for expert review
Ø Sebi mulls policy to identify 'difficult to recover' cases, prosecution to continue uninterrupted
Ø Ministry sends new industrial policy for Cabinet approval: Prabhu
Ø Jaitley underlines top two upcoming priority areas
Ø PFC not to make open offer post REC acquisition
Ø Sebi to expand OFS framework, relax FPI investment clubbing norms
Business Standard
Ø NBFCs may follow banks in liquidity reporting; cost of capital set to go up
Ø Tata Beverages plans to add milk power to biz, in buyout talks with firms
Ø Steel firms may drop prices of flat products by up to Rs 1,500 a tonne
Ø Maruti Suzuki to slip into single-digit growth lane in FY19 after 4 years
Ø India's growth 'very solid' over the past 4 years: IMF's chief economist
Business Line
Ø PMO seeks whitepaper on OVL, future strategy
Ø Public-private partnership crucial for healthy childhood: Apollo VC
Ø Deadline for filing annual GST return extended to March 31
Ø NRI tycoon Yusuf Ali walks away from Jet Airways stake sale
Ø Oil PSUs to add 4,500 petrol pumps across Gujarat
Ø Six of top 10 companies lose Rs 54,916 cr in m-cap
Mint
Ø Qualcomm hopeful of faster 5G deployment in India
Ø All villages to be connected through broadband by 2019: Manoj Sinha
Ø China backs India’s bid for improved domestic regulations
Ø No GST on sale of properties with completion certificate
Ø NHAI may not get many bids for toll roads
Ø PNB invites bids for 24 NPA accounts to recover Rs 1,179 cr
Financial Express
Ø Sebi to expand OFS framework, relax FPI investment clubbing norms
Ø India's coal output up 10 percent to 156 MT during April-November
Ø AI & data science: Open source makes NSE smart and secure
Ø Arvind: 12% revenue CAGR likely for demerged unit
Ø Farm export policy: High target may remain beyond reach without reforms, incentives
Financial Chronicle
Ø DoT bails out MTNL with Rs 120cr lifeline for November salary bill
Ø Telcos struggling to survive cash crunch
Ø NCDs cannot be primary source of funding for NBFCs
Ø Chinese import may help rescue sugar industry
Ø SFIO smells rat in Rs 95 cr IL&FS staff trust deal
Ø Gold ETFs record Rs 10 cr net inflows
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👉The Ministry of Finance clarifies that GST cannot be leviable on the sale of flats with a Completition Certificate
👉CBDT clarifies that the Senior Citizen does not require to pay TDS under section 194A of the Income Tax Act where the amount of such income during a financial year doesn’t exceed Rs 50,000 in aggregate.
👉In a major push to Kickstart Listing of Start-ups in India, SEBI proposes a slew of relaxations for New-Age Ventures in sectors like E-Commerce, Data Analytics & Bio-Technology to raise funds and get their shares traded on Stock Exchanges. It also include renaming the 'Institutional Trading Platform' that the regulator had created for such listings as 'Innovators Growth Platform'.
👉In a series of reforms, SEBI is planning to expand its Offer for Sale framework to more companies, Relax its norms for clubbing of investment limits by established Foreign Investors and Tighten Insider Trading Rules.
👉IL&FS crisis: ICAI accuses 3 Top Audit Firms- Deloitte Haskins & Sells, BSR & Associates LLP and SR Batliboi, of Professional Misconduct. They have been held “Prima Facie Guilty” of Professional Misconduct by the ICAI
