Wednesday, 12 December 2018

12 December 2018 News

12th December 2K18

Economic Times
 
Ø  USD 300-bn investment in energy in coming decade: Min
Ø  Rel Jio to hive off fibre, towers into separate units
Ø  Mallya's extradition to speed up loan recovery: SBI
Ø  India to add 10,000 MW renewable energy capacity
Ø  RBI not dependent on any particular individual: Niti
Ø  Modi may forgive farm loans to win back rural voters

Business Standard

Ø  Indiabulls Ventures' promoter Sameer Gehlaut, 5 others settle case with Sebi
Ø  Shaktikanta Das, who steered demonetisation drive, is new RBI governor
Ø  Economist Surjit Bhalla quits Prime Minister's Economic Advisory Council
Ø  RBI remains net seller of dollar in Oct, sells $7.2 bn of greenback: Data
Ø  CCI approves Tata Sponge Iron's acquisition of Usha Martin's steel business
Ø  Cadila Healthcare subsidiary gets USFDA nod for ulcer treatment injection

 Business Line

Ø  Gas trading hub to be set up soon: Pradhan
Ø  Centre sells stake in IndianOil
Ø  EEE tax status will encourage retail participation in NPS, says PFRDA chief
Ø  Shipping Ministry unveils platform to fast-track payments
Ø  IndiGrid sees growth potential in sale of transmission assets
 
Mint

Ø  Alpha Capital invests ₹160 crore in Hero Electric
Ø  Airtel hopes early amicable resolution of Niger tax dispute
Ø  India to add 10GW of renewable power in FY20: ICRA
Ø  Mapletree to invest in logistics assets in India
Ø  IHH Healthcare moves to allay CCI’s concerns on Fortis deal

Financial Express

Ø  Safeguard duty: Import of solar cell declines, domestic firms’ market shares up
Ø  Saradha chit fund scam: NCLT orders closure of 13 group companies
Ø  JSW Cement looks to expand presence in east
Ø  Air India calls bids to sell Nariman Point building
Ø  UK judge critical of Indian banks in providing loans to Vijay Mallya

Financial Chronicle

Ø  EU rules out renegotiation as May seeks help from Merkel
Ø  Rupee slips 53p on Patel’s exit
Ø  G&J exports to US to grow 10-15% this year
Ø  Bank recap hinges on AQR of 200 large accounts
Ø  Icra assigns negative outlook to domestic airline industry