Tuesday 21 February 2017

Economic Times


Business Standard

Ø  TCS okays Rs 16K-cr buyback at Rs 2,850/share

Ø  ArthVeda plans to raise $1 billion for housing 

Ø  Birlas in talks to sell fertiliser business to Indorama

Ø  SC directs Unitech to pay 14% interest to home buyers

Ø  Local telecom gear cos to get access to $1bn fund

Ø  Infy to come under pressure after TCS share buyback


Ø  RBI, Sebi discuss HDFC Bank breach

Ø  Tata Power eyes stake sale in renewable power arm

Ø  ICEX, NMCE considering merger: EY to do due diligence

Ø  IDBI privatisation back on govt agenda

Ø  Ambuja's Q4 net up 60% due to lower taxes and energy costs

Ø  Steel firms lower prices as demand stagnates

Business Line

Mint
Ø  BharatQR code promises to take India down less-cash road

Ø  Centre seeks expression of interest for IRCON Inttl IPO

Ø  Chandra takes the hot seat at Tata Sons today

Ø  Havells puts its cash to use by buying Lloyd’s consumer biz

Ø  EU pushes India to extend investment pacts by six months

Ø  Canara Bank’s Rs. 1,124-cr rights issue opens on March 2 




Ø  India a priority among large emerging markets: CPDQ's Rashad Kaldany

Ø  World Bank arm to invest $47.5 million in Granules India

Ø  Flipkart, Microsoft announce strategic cloud partnership

Ø  Eveready plans to revamp tea business, could be spun off into a subsidiary

Ø  Lender serves bankruptcy notice to Ruchi Soya

Financial Express

Financial Chronicle
Ø  Collapse of Kraft-Unilever tie-up extends run of failed mega-deals

Ø  Govt may cross Rs 45.5K crore divestment target this fiscal

Ø  India and Rwanda sign MoUs in innovation, aviation, visa requirements

Ø  India's growth slowdown spilling over into Q4: Nomura

Ø  Vedanta Group Q3 EBIDTA jumps 79% to $882 million




Ø  I-T dept to launch 2nd phase of bank a/cs scrutiny next month

Ø  Best time for home loans as rates at 6-yr low

Ø  FDI in print media, state-run banks may be hiked to 49%

Ø  RCom-Tata Tele talks could spawn third largest telecom combine

Ø  25,000 tonnes of basmati to be exported to Iran

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