Corporate Snippets on Nov 18
Ø Govt. may soon ease up on FDI rules in a bid to revive economy
Ø Tata Sons chief bats for privatisation of discoms
Ø Project delays, cost overruns biggest negatives: AIIB
Ø FM speaks on measures taken to spur the economy
Ø Revival of royalty payment caps in the works
Ø Govt's disinvestment plans on track: FM
Ø NSO's junked consumer expenditure survey shows inequality gap declining
Ø *India Inc Q2 profit at 15-yr low on record telco losses, net sales dip 0.8%*
Ø Bharti Airtel, Vodafone Idea put the brakes on costs in September quarter
Ø RBI turns down banks' plea to relax June 7 circular on stressed assets
Ø Backed by technology, banks beat economic slowdown by hiring more
Ø Draft industrial policy targets $1tn gross value addition in manufacturing by 2025
Ø Green certificate sales down 2.25% to 6.87 lakh in October
Ø Q2 GDP growth to decline to per 4.9 per cent: NCAER
Ø Essar Steel, Adani, GAIL, HPCL buy bulk of Reliance gas
Ø Bharti Airtel withdraws bid for RCom assets citing questionable, unfair
Ø DHFL’s debt resolution plan hits a roadblock as collections drop
Ø Office property developers seek to monetize assets as investor interest peaks
Ø Centre explores new law to shield global investors
Ø Muthoot Finance to buy IDBI Bank’s MF business
Ø Elon Musk's Tesla plans to invest $4.4 billion in Berlin factory: Report
Ø GST non-filers face cancellation of registration
Ø India has potential for very rapid economic growth, says Bill Gates
Ø Penalise companies for non-compliance with Ambient Air Quality Norms: CII-Niti Aayog
Ø Winter session: IBC, BRA Bills top economic agenda
Ø CBIC refutes reports it demanded GST on salaries paid to CEOs
Ø Jaypee Infra insolvency: NBCC sweetens bid by offering more land & benami flats to lenders
Ø Anil Ambani, 4 others resign from bankrupt Reliance Communications
Ø Govt. working on policy to push MSME exports: Gadkari
Ø Over half of India's coal-fired power plants set to miss emission norm deadline
Ø Govt. will be forced to slash spending this year too: CRISIL
Ø Supreme Court paves way for Arcelor takeover of Essar Steel
👉NCLAT rejects the plea of Pepsico India Holdings seeking release its machinery from Oceanic Tropical Fruits, which is under the insolvency process.
👉The government is looking to address concerns over the Enforcement Directorate’s decision to attach properties of Bhushan Power and Steel, raising questions over its resolution under the IBC.