Ø Russian Rosneft's $12.9 billion Essar Oil deal held up over debt issues
Ø Tata earned $1 bn in FY16 from Rs 18K cr spend
Ø Over 50% of our employees in US are locals: HCL
Ø SoftBank gets Nexus' nod for selling Snapdeal to Flipkart
Ø No capital gains load on genuine investments
Ø InterGlobe Tech may sell 65% stake for $300 mn
Ø Rating agencies inconsistent in their treatment of China, India: CEA
Ø CCI to probe Idea, Voda, Airtel on Jio's complaint alleging cartelisation
Ø R Infra wins Rs 2,950 cr arbitration award against DMRC
Ø HUDCO IPO oversubscribed 79.49 times on final day of offer
Ø Bank of England keeps interest at record low of 0.25%
Ø Govt to shortlist 6 firms as strategic partners for defence manufacturing
Business Line
Mint
Ø SBI clarifies ATM charge hike only for wallet customers
Ø Adani, Tata Power trim supplies to Gujarat as tariff ruling skews cost
Ø ’Easing crude prices good for India’s inflation, GDP growth’
Ø Rupee trading strong at 64.38 on dollar selling, FII inflows
Ø Max India sponsors to increase shareholding by 4 % to 45 %
Ø Equity MF inflows hit 4-month high of Rs. 9,429 cr in April
Ø Adani to decide on Australia mine in May even after Senate skips vote
Ø RBI looks forward to juggling exchange rate and liquidity
Ø HCL Tech Q4 net profit rises 12.3% to Rs2,325 crore
Ø ICICI Prudential AMC to raise Rs700 crore commercial office fund
Ø Top 7 IT firms including Infosys, Wipro to lay off at least 56,000 employees this year
Financial Express
Financial Chronicle
Ø Rating agencies inconsistent in their treatment of China, India
Ø OPEC wants ‘collective efforts’ to counter US oil output
Ø US Fed to be cautious in balance-sheet normalisation: NY Fed chief William Dudley
Ø Govt looks at Rs 80 per qtl hike in paddy MSP for 2017-18
Ø Rating agencies take refuge in FRBM panel report
Ø CCI to probe if telcos, COAI tried to block Jio
Ø FMCG, agri-input stocks soar on better rain prospects
Ø TVS Motor to strengthen presence in Central America
Ø Strategic defence partnership details get tepid response
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