Monday, 11 March 2019

11 March 2019 News

11th March 2K19

Economic Times
 
Ø  Finance Ministry eyeing part of non-core asset sale proceeds of CPSEs as dividend
Ø  China, US reached consensus on exchange rate issues
Ø  Govt amends SEZ rules in three critical areas
Ø  IDBI Bank considering renewal of term for current MD
Ø  Savings of millions of armymen now junk due to IL&FS
Ø  FinMin may borrow 60% from market for H1
Ø  PNB: Agencies to probe who helped Nirav set up UK biz

Business Standard

Ø  Anil Ambani's Reliance Capital looks beyond Nippon Life for AMC stake
Ø  Naresh Goyal to shed stake to 17% in Jet bailout plan; lenders to hold 30%
Ø  India seeks Saudi investment in strategic oil storage to resurrect refinery
Ø  Govt scraps 6th, 7th rounds of coal mine auction; sale of 19 blocks on hold
Ø  Magma Fincorp expects to close FY19 with 20% growth in disbursals

Business Line
 
Ø  CBDT allows offshore fund managers to operate from India
Ø  EPF transfer on job change to become automated from next fiscal
Ø  ‘Access to formal credit increases income of farmers’
Ø  Suven Life inks pact to buy assets of Rising Pharma units
Ø  DLF to launch over Rs 3,000 cr QIP by June
 
Mint

Ø  Sebi seeks powers to grant immunity, impose lesser penalty in lieu of assistance
Ø  India targets Saudi investment in building strategic oil reserve
Ø  US, China have reached consensus on many vital issues, Yi Says
Ø  FPIs invest over ₹2,700 crore in five sessions on global cues

Financial Express
 
Ø  Essar Steel, Binani insolvency resolutions get official clean chit; top body says no contradiction
Ø  CII releases roadmap for 8% growth in coming years
Ø  India-SICA talks to take place soon to help promote bilateral trade and investments
Ø  High value cars, jewellery to become cheaper as TCS to be excluded in computing GST
 
Financial Chronicle

Ø  Irdai panel suggests host of steps for speedy settlement of insurance claims
Ø  RBI says no data on demonetised 500, 1,000 notes used at petrol pumps
Ø  IRDAI issues norms on conflict of interest