Friday, 8 November 2019

8 November 2019 News and Updates

 8th November 2K19

Economic Times
 
Ø  Single-window clearance likely for private coal blocks
Ø  India may not have shut the door on RCEP
Ø  Govt's Rs 25,000cr realty booster inadequate: ICRA
Ø  AGR ruling may hit any company with telecom licence
Ø  22,000 employees opt for BSNL VRS plan in 2 days
Ø  Sebi allows MFs to create segregated portfolio for unrated debt
Ø  Raymond to demerge core lifestyle business

Business Standard
 
Ø  Govt not planning to help banks rescue shadow lender DHFL: Report
Ø  Aramco's offer of $75 bn dividends can stretch finances during oil slump
Ø  Sun Pharma posts Rs 1,433-crore pre-tax profit in Q2, meets estimates
Ø  Tea Board open to holding talks with ITC to sort out trademark issue
Ø  Irdai directs Reliance Health Insurance to stop selling new policies

Business Line
 
Ø  Ship-building industry to get a great boost: Union Minister
Ø  Kesoram Industries awaits NCLT nod for demerging tyres business
Ø  Cairn Oil & Gas gets 10-year extension for Ravva field
Ø  Modi to head for BRICS meet with big biz team
Ø  Powerplus Traders bags Jagannathpur B coal mine
Ø  Solar Industries’ profit jumps 61% on tax write back
 
Mint
 
Ø  China, US to lift some tariff hikes as trade talks advance
Ø  Sebi asks MFs to report any changes in terms of investments to rating agencies
Ø  CBIC’s DIN system to come into effect on November 8
Ø  DLF Q2 profit rises 19% to ₹445 crore
Ø  73% urban Indians can afford a new home, says survey
Ø  NBFCs, HFCs may be brought under bankruptcy code

Financial Express

Ø  Global debt surges to record high $188 tn: IMF chief
Ø  India may impose anti-subsidy duty on imports of copper wire rods from four nations
Ø  Corporation Bank to raise up to Rs 1,000 crore by issuing Basel III compliant bonds
Ø  PLFs of many power plants to fall to 40% by 2022: Report
Ø  India reiterates call for lifting US sanctions against Cuba
 
Deccan Chronicle
 
Ø  Rupee recovers losses to end flat on US-China trade deal hopes
Ø  Sensex jumps 184 point to hit new record high; Nifty reclaims 12,000 mark
Ø  Gold prices up Rs 70 on rupee depreciation
Ø  ICICI Bank opens 57 branches in AP, Telangana this fiscal
Ø  Nirmala Sitharaman reviews state of economy at FSDC meeting
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SEBI Issues Clarifications on Insider Trading Regulations

FAQs were issued with an aim to streamline existing ambiguities in interpretation of certain aspects of the insider trading regulations.

Read full article at https://dasgovernance.com/2019/11/08/sebi-issues-clarifications-on-insider-trading-regulations/
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👉NBFCs, Housing Finance Companies (HFCs) may be brought under Insolvency and Bankruptcy Code (IBC) to enable rescue of distressed financial institutions under a court-monitored process.