Wednesday, 13 March 2019

13 March 2018 News

13th March 2K19

Economic Times

Ø  Sebi revises disclosure requirements for significant beneficial ownership
Ø  SBI to auction Rs 2,338 crore of NPAs on March 26
Ø  RCom lenders contend to have 1st right over IT refunds
Ø  EU adds 10 countries, including UAE, to tax blacklist
Ø  Huawei re-enters smartwatch business in India
Ø  Export index for states on anvil to boost competition
Ø  Coal imports by state power plants up in FY19
Ø  Industrial growth slows to 1.7% in Jan 2019 vs 7.5% in year-ago period
Ø  Ramdev's Patanjali Ayurved ups offer for bankrupt Ruchi Soya to Rs 4,350 cr
Ø  Capitalism not providing equal opportunities, under serious threat: Rajan
Ø  Mining waste is an environmental time bomb and the industry its creator
Ø  US warns of WTO action over discriminatory new taxes on digital giants
Ø  Bharti Airtel to lower direct stake in Infratel from 50.33% to 18.3%

Business Line

Ø  Retail inflation rises to 4-month high of 2.57% in Feb
Ø  Rising oil prices, liquidity squeeze at banks will hit economic growth in FY20: CARE
Ø  CERC mulls regional power market for South Asia
Ø  KEC International bags orders worth ₹1,323 cr
Ø  Zydus Cadila gets USFDA nod to market blood pressure lowering drug

Mint

Ø  ICEX turnover jumps 5-fold in six months to ₹5,332 crore
Ø  Media, entertainment industry to generate $33.6 billion revenue by 2021: EY
Ø  L&T prepares for hostile takeover of Mindtree
Ø  CPSE ETF additional sale on March 19, govt to raise over ₹3,500 crore
Ø  DPIIT extends deadline for public comments on draft e-commerce policy
Ø  Uday Kotak, Asia's richest banker, gets richer amid 5-year tussle with RBI

Financial Express

Ø  Mahindra CIE Automotive to buy Aurangabad Electricals for Rs 875.6 crore
Ø  Tyre industry asks govt to ease availability of natural rubber
Ø  Birlasoft completes merger with KPIT’s IT services division
Ø  Maharashtra sugar factories getting into retail sales to rein in liquidity issues
Ø  Yatra to review takeover proposal of Ebix

Financial Chronicle

Ø  Sensex shoots up 481 points; Nifty reclaims 11,300-level
Ø  Bank of India raises Rs 660 cr by selling shares to employees
Ø  Bharti Airtel to slash direct stake in Infratel
Ø  First REIT gets Rs 876 crore ahead of public issue