Thursday 16 February 2017

Economic Times


Business Standard

Ø  31 out of 34 oil & gas field auctioned sold

Ø  Tax benefit of Rs 2.4 lakh to first-time home buyers

Ø  ARCs may get a push as bad bank put on hold

Ø  Tata Steel's UK unions approve new turnaround plan

Ø  Exports rise for fifth month in a row, up 4.3% in January

Ø  USFDA warns Resonance Labs of mfg violations

Ø  Bankers seek dispensation to recast of bad loans 



Ø  Trade deficit narrows to $9.8 bn in January

Ø  Cabinet clears merger of 5 associate banks with SBI

Ø  39% comply with I-T's online verification

Ø  Record wheat, foodgrain output likely in 2016-17

Ø  I-T Dept to scrutinise tax relief claims by sick companies

Ø  Novelis to lay off employees in Korea, US to curtail costs

Ø  Piramal lends Rs 2K cr under lease rental discounting scheme

Business Line



Mint

Ø   SBI plans Korea-Nepal, Korea-India remittance corridors

Ø  India, Croatia ink pact to boost economic ties 

Ø  ‘Cash-backs won’t get you customer loyalty’

Ø  Claris Lifesciences net jumps 233%

Ø  SoftBank to buy Fortress Investment for $3.3 billion

Ø  Nestle India profit down 9% in fourth quarter



Ø  Govt to list all profit making PSUs in 2-3 years

Ø  Paytm claims Rs5,000 crore worth transactions in January

Ø  Tata Motors shares fall 10.3%, biggest decline in five years

Ø  Sun Pharma’s Q3 results leave investors underwhelmed

Ø  BlackBerry files patent infringement suit against Nokia

Ø  Vodafone-Idea merger: BofA, UBS, StanChart vying for $40 mn advisory fee

Financial Express



Financial Chronicle

Ø  Tata Steel unveils UK's biggest robotic welding line

Ø  DLF promoters in last leg of talks for Rs 12-14k crore sale deal

Ø  Govt taps newcomers to unlock $7 billion oil and gas assets

Ø  Oil slips further below $56 on report of US inventory jump





Ø  Foodgrain output may touch record 272 mt this year

Ø  BookMyShow acquires 75 per cent stake in Townscript

Ø  BSE Q3 net profit drops 17% to Rs 64-cr

Ø  Centre whittles down wheat purchase target

Ø  Nasscom defers annual growth forecast to May

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