Friday, 4 January 2019

4 January 2019 News

4th January 2K18

Economic Times
 
Ø  Back series GDP data captures structural changes: Govt
Ø  RBI cuts down printing of Rs 2000 note: Govt source
Ø  Voda-Idea loses 6.5 million users in November: COAI
Ø  House panel asks RBI to review capital needs
Ø  DoT plans to set-up network of telecom satellites
Ø  E-comm rules don't allow FDI in multi-brand retail: DIPP
Ø  Sebi brings in single regime for FPI, NRI and PIO investors

 Business Standard

Ø  Govt to stop use of gift route by e-commerce firms to skirt import duties
Ø  Mills set to take a major hit as Jan arrivals signal poor cotton crop
Ø  NHAI to raise Rs 10,000 cr via Bharatmala bonds in FY19, Parliament told
Ø  Parliament panel wants punishment for unregulated deposit schemes
Ø  China goes for tax regime change, super-rich fear raid on $24 trn stash

Business Line
 
Ø  Govt may not proceed with draft pharmaceutical policy
Ø  Mahanadi Coalfields’ supply to power sector up 9% in Q3
Ø  Tata Chem signs MoU with C-MET
Ø  SECI grants 2-month breather for wind projects in Gujarat
Ø  Prabhat Dairy in strategic alliance with Denmark’s DLG Group
 
Mint

Ø  US markets sink 3% as factory data adds to Apple woes
Ø  Bristol-Myers Squibb to buy Celgene in $74 billion deal
Ø  MAHB cancels Hyderabad airport stake sale pact with GMR
Ø  Supreme Court revives class-action suit against Nestlé over Maggi
Ø  Bank of Baroda to become larger than ICICI Bank from 1 April

Financial Express
 
Ø  Two years of IBC: Early harvest ‘extremely successful’; recovered Rs 80,000 crore, says Arun Jaitley
Ø  CAIT urges govt to avoid revising FDI policy to e-commerce players’ benefit
Ø  No threat to food retailing by Amazon
Ø  Debt Turbulence: Jet may ask vendors and creditors to take haircut
 
Financial Chronicle

Ø   CAIT exhorts Prabhu not to revise FDI policy
Ø  Mahindra Finance NCDs to offer up to 9.5% coupon
Ø   House panel for curbing unregulated deposit schemes
Ø  $1.7b food delivery industry raised as much from PEs
Ø  NCLAT asks NCLT to expedite case