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Monday, 14 January 2019

14 January 2019 News

14th January 2K19

Economic Times

Ø  Govt re-promulgates ordinance to amend companies law
Ø  Fiscal deficit target for 2018-19 likely to be breached
Ø  RBI cautions govt over NPA spike in MUDRA loans
Ø  UAE, Saudi to invest in India for food security: Prabhu

Business Standard

Ø  Only 22% shareholders exit IDBI Bank following open offer by LIC
Ø  Fresh auctions for power pacts likely soon
Ø  Airlines may face cap on take-off and landing slots in congested airports
Ø  Changing subscriber base to shape revenue growth for telecom firms
Ø  Saudis set for $11-billion asset selling blitz after a slow start
Ø  Govt to construct 44 strategic roads along the India-China border
Ø  Jet Airways' 18 aircraft held back in Singapore over unpaid dues

Business Line

Ø  RBI net-seller of dollars in Nov, unwinding USD 644 mn
Ø  Cabinet set to sign off on₹22,000-cr Numaligarh Refinery expansion
Ø  CII calls for agri sector tax sops in Budget 2019
Ø  ‘Digital platform helps Maharashtra save ₹12k cr in farm loan’
Ø  D-Mart’s margins under pressure, revenue up 33%
Ø  M1xchange eyes ₹12,000 cr business volumes in 2019-20
Ø  Essel in talks to sell part of its roads portfolio

Mint

Ø  Finance ministry may sell part of SUUTI holding in Axis Bank, ITC
Ø  BPCL to raise $500 million from overseas bond sale
Ø  Buyout deals drive bumper 2018 for private equity, says report
Ø  Valuation concerns dampen activity in seed stage VC deals
Ø  Viacom in talks to sell majority stake in China operations: report

Financial Express

Ø  India's largest startup ecosystem inaugurated in Kerala
Ø  FICCI for cut in corporate tax rate in Budget
Ø  Oil output cut: Saudis say OPEC+ move provided a lifeline to US shale
Ø  PNB’s stake sale in housing subsidiary gets delayed
Ø  Government working on bilateral trade pacts to push exports, says Suresh Prabhu

Financial Chronicle

Ø  BSNL faces huge technical, policy, low motivation challenge : IIM-A report
Ø  FPIs pull out Rs 3,600 crore in 9 sessions
Ø  Remission of state levies for more export sectors weighed
Ø  Jeera to see more correction after roller-coaster ride
Ø  NCLT admits insolvency proceedings against Parsvnath Landmark