Wednesday, 10 May 2017

Economic Times


Business Standard
Ø  Reciprocity to be rule in power investments: Govt
Ø  US companies continue to bet big on India: USIBC
Ø  India's next growth driver: $1.3 tn housing boom
Ø  RBI restricts IDBI Bank from hiring, opening branches
Ø  Softbank a step closer to sell Snapdeal to Flipkart
Ø  India to produce record food grains in 2016/17: Govt
Ø  Auto sector to invest Rs 1L crore on new norms: SIAM
Ø  Supreme Court may modify order on highway liquor ban

Ø  Lenders want Ruias to infuse Rs 2,500 crore in Essar Steel
Ø  India to grow at 7.2% in FY18, says IMF
Ø  PE investors seek exemptions for start-ups' overseas holding companies
Ø  Digital India is the only way to empower citizens, says Oracle CEO
Ø  L&T's defence supply business set to swell with Rs 4,500 cr gun deal
Ø  Vijaya Bank's Q4 net profit rises three-fold to Rs 204 cr
Business Line

Mint
Ø  ACC-Ambuja merger: Making of a cement behemoth
Ø  Panagariya to head task force to measure job creation 
Ø  Rubber production up 22%, belies growers’ claims 
Ø  USFDA makes 8 observations at Lupin's Aurangabad unit
Ø  Titagarh Wagons forays into ship-building with govt contracts
Ø  PowerGrid gets unified licence to offer telecom services

Ø  Airtel Q4 profit plunges 72% to Rs373.4 crore on Jio impact
Ø  IndiGo to start regional operations, annual profit falls 16.5% to Rs 1,659 crore
Ø  IMD forecasts above average monsoon rainfall in 2017
Ø  Singh brothers said to seek Rs250/share to sell off Fortis Healthcare
Ø  Rupee sees biggest loss against US dollar in 2017
Ø  Hudco IPO subscribed 3 times on Day 2
Financial Express

Financial Chronicle
Ø  RBS to cut over 300 jobs, move others to India
Ø  BSE Greenex index methodology to change from June
Ø  EPF deposits may get 8.65 per cent returns in 2017-18 too
Ø  Cholamandalam Investment and Finance Co, HUDCO sign MoU
Ø  Apple tops $800 billion market capitalization for first time

Ø  Moody’s: Nothing new in new norms, bad loans resolution to take time
Ø  MF AUM hits a new high as firms pump back funds
Ø  SBI to raise funds via FPO, QIPs;to appoint 6 merchant bankers
Ø  Regulators to identify NPA cases for resolution
Ø  PSBs, SUUTI to be part of CPSE exchange traded fund II

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