Friday, 7 April 2017

Business Standard



Ø  Trai tells Jio to withdraw Summer Surprise offer 

Ø  Demonetisation to have positive impact, says ADB 

Ø  Apax to set aside $1bn to bet on PM Modi’s reforms

Ø  Govt adds procedural speed to its Rs 21.47-lakh-cr spending plan

Ø  Promotional plans hurt revenues of telcos: DoT

Ø  CPPIB, Phoenix ink pact for realty investment platform

Ø  ReNew Power plans IPO to raise up to $600 million


Ø  RBI surprises with reverse repo hike

Ø  Farm loan waiver engenders a moral hazard, says Urjit Patel

Ø  ADB scales down India's growth to 7.4% for FY18

Ø  ONGC bats for deregulation of gas market for prosperity of industry

Ø  Parliament passes Bills to pave way for GST

Ø  MCX to appoint auditor for IT policy administration

Ø  RBI promises more effective steps to tackle NPA pains

Mint

Ø  RBI keeps repo rate on hold, shifts focus to excess liquidity

Ø  GST Bills passed in Rajya Sabha without amendments

Ø  No cash payout likely in Flipkart, Snapdeal merger

Ø  Antibiotic research ‘transformative’ for Wockhardt

Ø  Cipla in global pact with US company for muscle relaxant


Ø  RBI to allow banks to invest in REITs, InvITs

Ø  Infrastructure sector sees deals worth $3.49 billion in FY17

Ø  Hindustan Unilever may recombine food, refreshment divisions

Ø  Vedanta firms up clean energy plans for India

Ø  March quarter PE fundraising likely to cross $90 billion

Financial Express

Financial Chronicle
Ø  Sensex, Nifty recoup losses as RBI predictably keeps key policy rates unchanged

Ø  Soaring rupee set to hit Infosys, TCS, Wipro, HCL Technologies Q4 results

Ø  Emami Group expands edible oil footprint to north, west markets

Ø  BSNL earmarks Rs 4,300-crore capex for FY18, plans 75k wifi sites

Ø  HPCL reworks fiscal pact for Rajasthan refinery, work to start


Ø  CACP suggests 5 per cent hike in MSP for most kharif crops

Ø  Stressed assets go from bad to worse

Ø  India ranks 9th among 41 in corruption in business

Ø  Toyota recalls 23,157 units of Corolla Altis

Ø  Airtel completes installation of 1.8 lakh sites in 2 years

Ø  RBI retains policy at 6.25%; ups reverse repo, MSF by 25 bps

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