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Monday, 25 March 2019

25 March 2019 News

25th March 2K19

Economic Times

Ø  Power may create another Rs 3L cr NPA mess
Ø  NCLAT sets aside Jyoti Structures liquidation
Ø  Gold imports dip 5.5 pc during April-Feb to $29.5 bn
Ø  Reliance Communications Enterprises pledges 12.50 crore shares of RCom with IndusInd Bank
Ø  Sebi seeks greater powers to inspect books, financial records of listed firms
Ø  Govt garners Rs 700 crore via first ever sale of enemy shares

Business Standard

Ø  Ministry seeks legal reform to ease transferring shares from firms to govt
Ø  Board approval to crisis-hit Jet Airways management change today
Ø  Mindtree takeover plan: L&T explores backchannel talks for bid
Ø  M&A deal value drops 34% to $1.24 billion in February
Ø  Vision Fund may lead $100-million funding round in Faasos' parent

Business Line

Ø  Uber set to buy Dubai rival Careem for $3.1 b
Ø  FPIs invest Rs 38,211 crore in March on improved global liquidity
Ø  Sale of ‘enemy shares’, buybacks by CPSEs yield Rs 11,300 cr to exchequer in FY’19
Ø  Centre gets ₹1,629-crore interim dividend from PowerGrid, ₹1,143-crore from REC
Ø  Tata Capital raising $100 m in ECB

Mint

Ø  Reliance Project Ventures pledges 41 lakh shares of RInfra
Ø  Deal or no deal: Etihad to take final call on Jet Airways on 31 March
Ø  Cibil pushes banks for faster submission of credit data
Ø  The RCom-Ericsson case is a one-off in banking sector's NPA crisis
Ø  BHEL powers up but not enough to light up investor portfolio

Financial Express

Ø  Indian start-ups gain the most when accelerated by the world’s best
Ø  Sri Lanka begins construction of $3.85 billion oil refinery backed by Indian firm, Oman
Ø  China to import more from US to balance bilateral trade, says official
Ø  Govt crosses budget target for disinvestment, courtesy ETFs

Financial Chronicle

Ø  Rs 3 trillion investment in pvt power plants at risk of turning into NPA
Ø  Karnataka Bank reports Rs 13 crore fraud to RBI
Ø  MPC to meet six times during 2019-20: RBI