Thursday, 7 March 2019

07 March 2019 News

7th March 2K19

Economic Times
 
Ø  India may move to WTO against US over import sops
Ø  DHFL didn't create shell companies: Audit report
Ø  CBDT notifies relaxed norms for start-ups
Ø  OECD cuts global growth forecast over trade, Brexit uncertainty
Ø  Biocon gets 6 observations from USFDA after inspection of its Bengaluru plant
Ø  NHPC pays Rs 527 crore dividend to govt

Business Standard
 
Ø  US trade deficit surges to 10-year high in 2018 at $ 621 bn
Ø  SC decision puts banks at risk of adding $25 bn to power sector NPAs
Ø  BoB, Dena, Vijaya Bank merger could open Rs 1,000 cr IT outsourcing window
Ø  Rs 25,000-cr infusion not enough to stabilise Bharti Airtel's rating: S&P
Ø  Grab raises $1.46 bn from SoftBank Vision Fund; $4.5 bn secured so far

Business Line
 
Ø  Sugar production around 248 lakh tonnes till Feb 28: ISMA
Ø  Kerala govt moves HC against airport contract granted to Adani
Ø  Bombay HC asks NSL to deposit₹138 cr in MMBL-royalty issue
Ø  Philip Morris circumvented FDI ban on cigarette manufacturing
Ø  India requires pragmatic compulsive licensing system: Cipla
 
Mint

Ø  Govt bans import of solid plastic waste by SEZs, EOUs
Ø  Nomura sees GDP growth target below 7% in 2019-20
Ø  CBI seeks additional documents from ICICI Bank in Videocon loan default case
Ø  European Union says 'no solution' yet to break Brexit deadlock
Ø  Banks encash bond holdings to service rising demand for credit

Financial Express
 
Ø  India needs more globalization to boost wages: World Bank-ILO report
Ø  Donald Trump acts tough on India; US to withdraw zero duty import benefit on 1,784 items
Ø  February peak power demand rises 3% year-on-year
Ø  DoT panel divided on E&V band spectrum allocation
 
Financial Chronicle

Ø   NELCO gets in-flight, maritime connectivity licence from DoT
Ø  Rupee rises for 2nd day; up 21 paise to 70.28 vs USD on easing crude prices
Ø  Sensex spurts 193 points; Nifty closes above 11,000-mark
Ø  OECD lowers global growth forecast over trade tensions