Thursday, 5 May 2016

Economic Times



Business Standard

Ø  India to set up panel to cleanup bad debt mountain

Ø  Idea may spend $1.3 billion to buy data spectrum

Ø  Govt may offer bluechip PSU shares to FIIs, domestic buyers 

Ø  India sees $2 billion outflow from listed funds: Report

Ø  Banks now go the extra mile with the clean-up act

Ø  Deadline for paying TDS on property sale extended

Ø  'BPM sector stares at $1 bn loss due to diesel ban'

Ø  'Cut in coal imports may save Rs 40,000 crore this fiscal'



Ø  7 banks to pay $324 million for interest rate manipulation

Ø  Rajya Sabha accepts Vijay Mallya's resignation

Ø  Cabinet approves MoU between RBI and Central Bank of UAE

Ø  L&T Infotech signs a multi-year contract with Elkjøp Nordic

Ø  Derivatives lot size increase boosts margin funding business

Ø  World's first diamond trading exchange going live from today

Ø  Diesel taxi ban could cost BPO sector $1 billion

Ø  Internet users in India to cross 500 mn in 2016: Prasad

Business Line

Ø  2,508 cities selected under PM’s scheme for affordable housing

Ø  NTPC asks BSES to clear ₹1,300-cr dues or face supply cut 

Ø  India, Pak business forum vows to augment trade ties

Ø  Lenders to revalue Kingfisher House; hope to sell it shortly

Ø   Adani Ports shares drop due to equity dilution

Mint

Ø  Tobacco firms should use pictorial warnings: Supreme Court

Ø  Sebi’s new view on settls may resolve old cases such as RIL’s

Ø  Banks tell Essar Steel to find a buyer by June-end

Ø  JSW Energy to buy JSPL’s Chhattisgarh power project

Ø  Parag Milk IPO gets subscribed 10% on Day 1

Financial Express               

Ø  Sensex falls for third day in a row, ends 128 points down

Ø  Financial inequality highest in India, China: International Monetary Fund

Ø  Bank credit grows at 9.7 per cent in December quarter: RBI

Ø  India received $48 bn in remittances in 9 months of last fiscal

Ø  JSPL Q4 net loss narrows to Rs 371 cr; sells power asset



Financial Chronicle

Ø  'Worst of India's corp debt crisis seems to be over'

Ø  Water scarcity to cost growth, spark conflict: WB

Ø  LSE bid was to preempt US: Deutsche Boerse

Ø  RPower gets nod for LNG-based plant in Bangladesh

Ø  Gold rally stalls as prices climb too far, too fast

Ø  Invisible hand prevented chopper probe earlier: Govt

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