Thursday, 9 March 2017

Business Standard


Ø  SBI justifies penalty, says need money to bear Jan Dhan costs

Ø  CPSE stake sale: Govt wary of foreign investors

Ø  Reserve Bank opposes Tata move to pay Docomo

Ø  Our services are not for free: HDFC's Aditya Puri

Ø  Indian drug makers can export patented meds for approval: Delhi High Court

Ø  Paytm will now levy 2% fee when you top it up using your credit cards



Ø  Long wait for a shorter trade route to Russia ends

Ø  I-T dept lifts freeze on Cairn Energy payout, but bar on stake sale stays

Ø  Investors now trust India story: LSE

Ø  Steel exports shoot up 150% in February, imports decline 46%

Ø  Sebi relaxes restraint order in castor seed controversy

Ø  Note ban boost to digital payments continues: Study

Ø  Reliance Jio understated revenues, forex gains not included, says report


Mint

Ø  Industry body bats for universal basic income for women 

Ø  Mahindra Lifespace gets SEBI approval for Rs. 300-cr rights issue

Ø  Merc sales ‘back on track’ with Q1 growth

Ø  Groupe SEB India sees Tefal range heating up growth

Ø  Vedanta pledges to raise women board representation to 33%

Ø  Reliance MF’s CPSE ETF to open on Mar 14; to raise Rs. 2,500-cr



Ø  Digital payments decline as cash returns, shows RBI data

Ø  D-Mart IPO subscribed 1.36 times on Day 1

Ø  Paytm valuation near $5.9 billion as 3 investors sell stake to Alibaba

Ø  Glenmark gets USFDA nod to start phase-II clinical trials for respiratory drug

Ø  Instacart said to raise funds valuing start-up at $3.4 billion

Ø  Three Indian firms among the 50 most promising start-ups in the world


Financial Chronicle

Ø  H1B, employment based green card to be reformed: US Senator

Ø  US already in trade war: Commerce Secretary Wilbur Ross

Ø  Govt makes Aadhaar mandatory for crop insurance policies

Ø  Music Broadcast IPO subscribed by over 39 times on overwhelming interest in all categories

Ø  China grants preliminary approval to 38 new Trump trademarks


Ø  Sugar import at zero duty on the cards

Ø  Cement prices rise in north, dip in south

Ø  Govt lines up 9 rail PSUs for IPO

Ø  Adhere to spending cap in March: FinMin to ministries

Ø  Flipkart’s hedge fund boss is looking for $1.5b

Ø  Maruti to launch four new models in 2017-18

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