Wednesday, 27 March 2019

27 March 2019 News

27th March 2K19

Economic Times
 
Ø  Jet to start operating 75 planes by April-end: Govt 
Ø  PFC to pay entire Rs 14,500 crore for REC acquisition
Ø  Europe adopts copyright reform in blow to tech giants
Ø  NCLAT stays notice for RCom's spectrum cancellation
Ø  Uco Bank gets Rs 14,000 crore windfall
Ø  NCLT probes Sterling lenders on absconding promoters
Ø  FTC seeks more information to review Bristol-Celgene's $74 billion planned merger

Business Standard
 
Ø  High Court allows Vedanta to take part in Nalco's alumina sale tender
Ø  HCC to raise Rs 1,750 crore through monetisation of claims
Ø  Trai to hold consultation with BSNL, MTNL on 4G spectrum allocation: Govt
Ø  RBI accepts $5 bn from banks at currency swap auction to ease liquidity
Ø  NCLT asks RP of Jyoti Structures to submit revised resolution plan

Business Line
 
Ø  Centre may look at diluting stake in PSUs to below 51% without ceding control
Ø  L&T bags ₹352-cr solar plant order from Raasi Green Earth
Ø  ‘Domestic tractor sales may log double-digit growth this fiscal’
Ø  ‘India maintains lead in consumer optimism’
Ø  SAIL supplies first batch of LHB wheels to Railways
Ø  ITC’s John Players now part of Reliance Retail’s wardrobe
 
Mint

Ø  RBI sets high cut-off premium at debut dollar/rupee swap auction
Ø  'India now seeing more buyout-style transactions': PwC's Sanjeev Krishan
Ø  RBI slaps ₹2 crore penalty on PNB for violating SWIFT norms
Ø  L&T makes open offer to buy 31% in Mindtree for ₹5030 crore
Ø  Allahabad Bank to raise ₹4,000 crore equity capital via various modes

Financial Express
 
Ø  India becomes second largest market for Marks & Spencer after UK
Ø  Rail Vikas Nigam IPO fixes price band at Rs 17-19 per share; to start this Friday
Ø  JCB to start new production facility in Gujarat; invests Rs 650 crore
Ø  Nirav Modi case: NCLAT notice to corp affairs ministry on PNB ex-CEO’s plea
 
Decaan Chronicle

Ø  BoB to develop agri-digital platform; inks 6 MoUs
Ø  Sensex zooms 425 pts on global rebound ends up at 38,233.41; Nifty above 11,450
Ø  Goldman too warns against yield curve panic
Ø  Jet Air buyer will have to bring in Rs 4,500 crore