Friday, 3 March 2017

Economic Times

Business Standard

Ø  GIC set to pick up KP Singh family stake in DLF arm

Ø  India seeks $5-7 billion aid from World Bank

Ø  China plans mass layoffs, gets ready to cut 5 lac jobs this yr

Ø  LPG prices raised by Rs 86, the steepest ever hike

Ø  Banks to charge Rs 150 after 4 cash transactions

Ø  Tata Sons will participate in TCS buyback

Ø  Nokia, Airtel join hands on 5G, IoT applications



Ø  Railways to come up with mini-budget today

Ø  Dow hits all-time high of 21,000 after Trump's speech to US Congress

Ø  Another USFDA warning for Wockhardt; US plant faces product approval freeze

Ø  JSW Steel makes offer to buy controlling stake in Monnet Ispat

Ø  Tata Motors February sales up 2% at 47,573 units

Ø  Govt likely to impose 25% wheat import tax soon: Sources

Business Line



Mint

Ø  World Bank offers over $1-billion loan to Maharashtra

Ø  GDP data belies exaggerated claims of note ban impact: Jaitley

Ø  Demonetisation credit positive as it will cut tax avoidance, corruption: Moody’s

Ø  Govt notifies law to make banned note possession punishable 

Ø  Gujarat Ambuja Exports' buyback offer begins 



Ø  Sensex closes near six-month high, Nifty 0.75% higher on positive GDP data

Ø  Rupee closes weaker against US dollar on Asian cues

Ø  Hyundai sales up 6% to 52,734 units in February

Ø  Voting on Grasim-Aditya Birla Nuvo merger to begin 6 March

Ø  Telecom secretary J.S. Deepak named India’s new WTO ambassador

Financial Express



Financial Chronicle

Ø  Godrej consolidating food retail chain Nature's Basket

Ø  India's gold jewellery exports to UAE decline 56% in January

Ø  Muted response to second black money disclosure scheme

Ø  India ranks 36th in Internet inclusiveness: Facebook- Economist Intelligence Unit

Ø  Mahindra sales decline 2.92 % to 42,714 units in February



Ø  RBI cautions users against virtual currencies such as Bitcoins

Ø  India should use 5G to solve developmental problems:TRAI Chief

Ø  Avenue Supermart sets IPO price band at Rs 295-299

Ø  Insurers hike group health plan pricing

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