Thursday, 14 March 2019

14 March 2019 News

14th March 2K19

Economic Times

Ø  Sebi provides framework, timeline for counter offer process
Ø  EC gives go-ahead to GST Council meeting on March 19
Ø  India far away from being less-cash economy: Nilekani
Ø  Don't believe Rcom will let Anil Ambani go to jail: SBI
Ø  Govt pushes IOC, ONGC to pay 2nd interim dividend
Ø  Patanjali raises bid value to take over Ruchi Soya
Ø  Tata Motors bags orders for over 2,500 CVs

Business Standard

Ø  RBI to swap $5 billion with banks to aid system liquidity
Ø  DoT mulls Rs 13,000cr bailout package for debt-ridden BSNL
Ø  Auto retail sales drop 8.06 % in Feb as weak demand continues: FADA
Ø  PFC, REC merger may leave discoms with higher-than-usual dues on books
Ø  Iron ore supply disruptions spike demand for low-grade Indian fines
Ø  Tata Steel BSL prepays Rs 3,000 crore loan riding on massive turnaround

Business Line
 
Ø  MCA releases national guidelines on business conduct
Ø  Auto industry, organisations can buy bulk vehicle data from next fiscal: Policy
Ø  Tea Board issues fresh guidelines with eye on quality
Ø  CERC mulls regional power market for South Asia
Ø  Oil regulator hikes tariff of pipeline transporting Reliance gas by 37%, half of sought
Ø  Acko General Insurance raises $ 65 million in Series C Funding
 
Mint

Ø  Reliance halts oil exports to Venezuela in view of US sanctions
Ø  Jet Airways grounds 5 more planes due to rental default
Ø  COAI asks e-commerce firms to stop sale of illegal network boosters
Ø  Shrinking LME stocks push zinc prices to 8-month high
Ø  Moody's assigns Baa2 rating to Hudco; outlook stable  
Ø  Azim Premji raises philanthropy bar with $21 billion total pledge

Financial Express
 
Ø  NCLAT reserves order on RCom plea to release funds
Ø  Sun pharma ties up with China’s HitGen for molecular discovery
Ø  Narendra Modi’s MUDRA Yojana spells trouble for banks; bad loans jump 53%
Ø  GST officials detect tax fraud of Rs 224 crore by 8 companies
 
Financial Chronicle

Ø  Market rallies for 3rd straight day; Sensex jumps 216 points
Ø  Rupee rallies for 3rd day, up 17 paise against US dollar
Ø  CCI clears Radiant Life Care-Max Healthcare merger
Ø  Pvt manufacturing firms posted 24.9 pc growth in net profit in Q3: RBI
Ø  Tata expands Formula 1 presence with Williams tie-up