20th March 2K19
Economic Times
Ø Economists raise concerns over slowdown with RBI chief
Ø RBI seeks modification of NCLAT order in ILFS case
Ø Lenders may invoke Goyal’s 51% stake in Jet
Ø SBI inks pact with Bank of China for biz opportunities
Ø BofA buys its biggest distressed asset in India
Ø Sebi asks Singh brothers not to dispose assets
Ø LTI-Mindtree combined entity to overtake TechM in two major verticals
Business Standard
Ø Trade deficit touches $165 billion, highest since FY13
Ø GST Council approves transition plan for new tax rates for real estate
Ø State-owned oil companies move poll panel to allot 31,800 new fuel outlets
Ø Rs 2,000 cr of unclaimed dividends lying with investor protection authority
Ø BSNL seeks to rent its land to other state-owned units instead of selling
Business Line
Ø Etihad may exit Jet Airways by selling 24% stake to SBI
Ø Zydus Cadila gets USFDA nod for antiviral ointment
Ø Ebix commences due diligence to acquire Yatra
Ø DGCA clears Jet Airway’s schedule with 41 aircraft
Ø TCG Lifesciences receives USFDA nod for Hyderabad plant
Ø India’s fuel demand rises 3.8% in Feb
Ø Jaitley slams 108 economists for doubting Govt’s economic data
Mint
Ø CPSE ETF receives bids worth ₹6,072 cr from anchor investors
Ø IOC pays 2nd interim dividend; ONGC to consider on 23 March
Ø Pine Labs acquires Qwikcilver for $110 million
Ø DLF-Hines JV to develop ₹1,900 crore Gurugram commercial project
Ø Aluminium hits 3-month high after Hydro cyber attack
Financial Express
Ø IDBI Bank to borrow up to Rs 4,000 crore via bonds next fiscal year
Ø India becomes top importer of Gold Doré Bars from Bolivia
Ø India’s bad loans worst in world, surpass Italy in dubious record; see map
Ø No input tax credit for post-supply discounts: AAR
Financial Chronicle
Ø Sensex jumps 268 pts; Nifty above 11,500
Ø Sale deal in final stage of completion: Star Health
Ø PowerGrid says it fully utilised JPY 22 billion loan from SMBC
Ø Kotak Mahindra group sets up USD 400 mn fund to build office properties