Tuesday, 18 April 2017

Economic Times




Business Standard

Ø  Paris replacing Mauritius as tax haven, Citi alerts Finance Ministry 

Ø  India plans stake sales worth $5.4 bn in 7 govt cos

Ø  TCS shareholders approve Rs 16,000 cr share buyback

Ø  HC issues notice to govt on PIL against ITC stake

Ø  Tata Steel board to decide on fund raising this week

Ø  Unichem Labs gets USFDA nod for arthritis drug



Ø  Economy to grow 7.2% in FY18; GST to have positive impact: World Bank

Ø  Low credit growth, high GDP suggest decoupling: SBI

Ø  SC orders Aamby Valley sell-off, summons Subrata Roy

Ø  Note ban crimps MFIs' securitisation by 21% in FY17

Ø  L&T bags Rs 2227 cr contracts in water & effluent treatment segment

Business Line



Mint

Ø  IRDAI reduces third party insurance rates

Ø  Fast-track divestment: SUUTI stake-sale among top options

Ø  Punj Lloyd overseas subsidiary wins ₹ 312 crore project in Saudi Arabia 

Ø  UB can defend itself before forums, rules Karnataka Court

Ø  Dentsu Aegis Network acquires SVG Media

Ø  Muthoot Capital board meets for results, bonus 



Ø  Gold prices to rise further amid escalating geopolitical tensions

Ø  Wholesale inflation falls to 5.7% in March from 6.5% in February

Ø  Rupee closes marginally lower against US dollar

Ø  US stays opposed to global investment facilitation

Ø  NDTV looks to sell assets

Ø  Banks want RBI, finance ministry to tweak CDR norms

Financial Express



Financial Chronicle

Ø  EEPC India seeks govt intervention to curb volatility

Ø  Airlines should be allowed to overbook seats: IATA

Ø  Farm loan waivers to touch 2% of GDP in run-up to 2019 polls: BofA-ML

Ø  CAD to widen significantly to 1.6% of GDP in 2017: Report

Ø  Merge govt, central bank budgets for better fiscal outcomes



Ø  ISRO plans Joint Venture with industries for rocket-building

Ø  Apple, Coke, Airtel, others pulled up for 143 misleading ads

Ø  Pharma companies seen reporting weak numbers

Ø  Farm loan waivers pose fiscal/rate risk, says report

Ø  Third party audit must for oil & gas licence extension

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