Friday, 14 December 2018

14 December 2018 News

14th December 2K18

Economic Times
 
Ø  Yes Bank to submit name for MD & CEO to RBI in Jan
Ø  Liquidity constraints to tighten credit supply: Moody's
Ø  Govt mulls extra Rs 30k cr capital infusion in PSU banks
Ø  Das told to ease PCA, default norms by PSB heads
Ø  Farm loan waivers worst solution for rural crisis: SBI
Ø  GST Council may look to rationalise 28% slab
Ø  Not expecting immediate Brexit breakthrough: May 

Business Standard

Ø  Jaitley admits to 2-3 areas of differences between Centre and RBI
Ø  IOC to buy back shares for Rs 44 bn as govt looks to meet budget deficit
Ø  Govt plans to increase share of natural gas to 15% in India's fuel basket
Ø  Centre drops plan to install 12 Gw solar capacity through NTPC
Ø  RCom stares at insolvency as SC rejects plea for more time on Ericsson dues

Business Line
 
Ø  Brokers to be placed in risk reduction mode from next week: NSE
Ø  No proposal to change existing FDI policy in multi-brand retail trade: DIPP Secy
Ø  Adani Enterprises acquires Alpha Design for ₹400 cr
Ø  Vegoil imports dip 9% in November ahead of duty cut
Ø  Tata Motors hikes PV prices by up to Rs 40,000 from Jan 1
Ø  PSBs petition new RBI chief to relax NPA resolution norms
 
Mint

Ø  Bureaucracy a major concern for investors in India: WEF chief
Ø  Sebi moves against 3 rating agencies over IL&FS crisis
Ø  TRAI makes number porting faster, suggests fine for errant operators
Ø  Interpol issues Red Corner Notice against Mehul Choksi: CBI
Ø  Max India to sell entire Max Bupa stake to True North
Ø  TVS rolls out 50,000th BMW G 310 bike from Hosur plant

Financial Express
 
Ø  ICICI Bank tops list of most employees caught in fraud
Ø  Wilful defaults: 2,571 FIRs registered, 9,363 recovery suits filed by PSU banks
Ø  Housing sales may rise 16% in 2018; new supply up 32%: Anarock
Ø  India’s merchandise exports to rise by 7% to $82 billion in Q3: Exim Bank
 
Financial Chronicle

Ø  TDSAT strikes down Trai’s predatory pricing order
Ø  Liquidity constraints to tighten credit supply, growth: Moody's
Ø  New governor to steer RBI board meet today
Ø  Bharti AXA General breaks even, posts maiden net profit in H1