3rd January 2K19
Economic Times
Ø Oil cos not to recoup losses from subsidy on fuel
Ø PCA banks to gain from RBI move on MSME bad loans
Ø Indian textile firms face higher trade barriers in EU, US
Ø Panel under UK Sinha to suggest measures for MSMEs
Ø Cabinet approves sops for exporters on select goods
Ø HDFC plans to raise Rs 45,000 crore via NCDs
Ø Trai moves SC against TDSAT order on predatory pricing
Business Standard
Ø Cabinet clears merger of Dena Bank, Vijaya Bank with Bank of Baroda
Ø Ashok Leyland acquires 27.25% more stake in AAL; shareholding ups 76.25%
Ø ONGC to reconsider government demand to list exploration subsidiary
Ø Hetero Group acquires Spain's Tarbis Farma for an undisclosed sum
Ø Cash-strapped Jet Airways defaults on debt payment to banks led by SBI
Business Line
Ø NCLT Mumbai puts RTIL’s liquidation plans on hold
Ø Despite all its woes, power sector set for a brighter 2019
Ø GST Council meet may consider rate rationalisation on housing
Ø Titagarh sees European operations getting back on the rails
Ø Self-driving rental firm Zoomcar’s revenues up 31%
Ø Tata Power will continue supplying power to Mumbai’s BEST for 5 years
Mint
Ø Indian Oil, BPCL, HPCL stop taking margin hit on petrol, diesel sales
Ø Alcohol firms are the unlikely victims of farm loan waiver
Ø Syndicate Bank to raise up to Rs 500 crore by issuing shares to staff
Ø Oil falls towards $53 on economic worries, surging supply
Ø ‘Govt hasn’t yet asked ONGC to reconsider ONGC Videsh IPO’
Financial Express
Ø NCLAT disposes of contempt plea against Reliance Infratel
Ø Iran to invest about Rs 1,500 crore to boost capacity of Chennai Petroleum
Ø Syndicate Bank & SBI Life Insurance sign a bancassurance pact
Ø Cabinet approves bill to provide statutory recognition to trade unions
Financial Chronicle
Ø TN govt moves SC against NGT order on Sterlite plant
Ø India to get data on Swiss banks accounts in 2019
Ø IGST on gold for export scrapped
Ø PNB Housing raises $265m through ECB
Ø Companies, PE firms grab relinquished pharma biz