Tuesday, 12 March 2019

12 March 2019 News

12th March 2K19

Economic Times
 
Ø  PNB awaits SBI resolution plan on Jet Airways
Ø  NSE launches weekly options on Nifty IT index
Ø  Venezuelans scramble for food, water as oil exports hit
Ø  Crisis-hit Jet Airways defaults on repayment of ECBs
Ø  Former Essar directors oppose Arcelor takeover
Ø  TVS Motor announces 2nd interim dividend of 140%
Ø  Siemens’ finance arm buys 46% stake in Greenko’s wind unit

Business Standard
 
Ø  Oil, gas policy: Govt not to seek share of profits in less explored areas
Ø  Moody's upgrades rating for Central Bank, IOB over capital infusion
Ø  IRDAI seeks proposal from LIC on stake reduction in the IDBI Bank
Ø  GST Council to meet on March 19 to finalise real estate tax structure
Ø  RBI inching towards becoming tenth largest holder of gold worldwide

Business Line
 
Ø  Godfrey Phillips denies charges of FDI norms violation
Ø  Dr Reddy’s wants UK firm to pay $70-million compensation
Ø  MEP Infra secures over ₹1,400-cr for 3 ‘hybrid annuity’ road projects
Ø  Auto woes drive dip in German industrial output
Ø  Prices of BLF fall in most tea producing states in February
Ø  NHPC eyes 46% higher capex next fiscal
 
Mint

Ø  National Housing Bank's norms will not address credit risk of HFCs: Moody's
Ø  Govt bans unregulated deposits offered by builders, jewellers
Ø  Jet Airways denies report of ₹2,050 crore loan from PNB
Ø  RBI warned of demonetisation impact on Indian economy, no effect on black money
Ø  China pushes against US demands on trade deal enforcement, yuan

Financial Express
 
Ø  Encouraging neighbours to buy electricity from India: CERC eases power trading norms
Ø  Jaypee homebuyers will get flats in 3 years, assures NBCC
Ø  Steel-making units for SME sector become imperative
Ø  HSBC Daisy moves Supreme Court in Anil Ambani, Reliance Infratel’s Rs 230 crore default case
 
Financial Chronicle

Ø  Sensex posts biggest gains in 6 months, reclaims 37K mark in pre-poll rally
Ø  FCI sells almost entire pulses stock of 2.98 lakh tonne
Ø  Global economy hits weakest spell since financial crisis a decade ago
Ø  Rupee gains 25 paise against dollar on positive cues