1st March 2K19
Economic Times
Ø Core sector growth slows down to 1.8% in January
Ø Airtel gets board approval to raise Rs 32,000 crore
Ø India to see lower productivity, weak demand: D&B
Ø Govt keen on amalgamation of PSBs: Arun Jaitley
Ø NCLAT orders resolution on Essar Steel bid by March 8
Ø Sebi wants govt rethink on RBI representation on its board
Business Standard
Ø NSE to introduce Brent Crude Oil futures contract on Mar 1
Ø DBS to convert its India operations into wholly-owned subsidiary from Mar 1
Ø 2018 best year for M&As as deal values rise 126% to $80 bn
Ø International Finance Corp to invest $165 mn in Bajaj Finance, Dodla Dairy
Ø Infosys says Kiran Mazumdar-Shaw sold 1,600 shares without pre-clearance
Business Line
Ø Naresh Goyal agrees to step down as chairman of Jet Airways
Ø Iran buys Indian sugar to ease its oil-money headache
Ø LG India aims for 30% growth in commercial ACs this year
Ø NIIF, CDC & Eversource Capital to invest $330 mn in Ayana
Ø Lupin launches chronic angina treatment drug in the US
Ø Future Group to bring 7-Eleven stores to India
Mint
Ø Cabinet clears ₹10,000 crore FAME II scheme
Ø RBI constitutes task force under Usha Thorat on offshore rupee markets
Ø REC board approves borrowing limit hike,₹11 per share interim dividend
Ø J&J allowed to resume baby talc production
Ø Fraud-hit PNB ranks highest in implementation of 'reforms agenda' in 2018: Study
Financial Express
Ø SBICap Ventures’ Neev Fund to invest $5 million in renewable energy firm Prespl
Ø Essar Steel case: NCLT rejects plea from 8 operational creditors
Ø From $6 billion to $1.8 billion: Govt revises down FDI inflows into chemicals drastically
Ø Sodexo to increase focus on small and medium enterprises in India
Financial Chronicle
Ø Rupee recoups 52 paise to end at 70.72 per dollar
Ø Kotak ties up with ADIA for USD 600 mn distressed assets fund
Ø Increasing exports can lead to better jobs, higher wages in India: World Bank report
Ø L&T Finance to raise up to Rs 1,500 cr via NCDs
