20 November 2017

20 Nov: News Roundup

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Business Standard
Ø  Naik recalls takeover bids from Ambanis, Birla
Ø  SBI to start using blockchain for smart contracts, KYC
Ø  IRP nod must for recovering from defaulter's a/c: NCLAT
Ø  I-T slaps criminal charges under anti-black money Act
Ø  China to join India's International Solar Alliance
Ø  Royal Enfield unveils Interceptor, Continental GT 650
Ø  Wipro BPS unit hits 2020 target of $1 billion

Ø  Toxic assets: Soon, ordinance to block defaulters from bidding
Ø  Govt may grant infrastructure status to logistics sector
Ø  India moves up one notch to 126 in per capita GDP terms, says IMF data
Ø  Budget deficit may rise in FY18 but will improve in years ahead: Moody's
Ø  Govt seeks Rs 13,000-cr surplus from RBI
Ø  Govt not to sell Cairn Energy shares to recover Rs 10,247-cr tax
Business Line

Mint
Ø  FPIs infuse over $2 bn in equity markets so far this month
Ø  Plea against Govt's stake sale in Dredging Corpn
Ø  SAIL to diversify product range
Ø  Domestic stainless steel production to touch 3.6 mt by year-end
Ø  ‘Digital payments are making financial services more affordable’
Ø  India’s global exchanges await the ‘GIFT’ of rupee futures trade

Ø  Goldman Sachs sees four 2018 Fed rate hikes as US growth gains
Ø  NSE SME to touch 100 mark, 50 IPOs likely in next 6 months
Ø  Sebi chief says norms for IRPs soon
Ø  Eris to buy Strides Shasun’s India branded business for Rs500 crore
Ø  Telecom Commission to consider IMG recommendations next month for final nod
Financial Express

Financial Chronicle
Ø  ArthaKranti’s banking tax not singularly superior, says NIPFP report
Ø  Black money: Swiss Parliamentary panel paves way for automatic information exchange with India
Ø  India’s holdings of US government securities jump to $145 bn
Ø  Automobile exporters under pressure as GST refund gets stuck

Ø  Urban Ladder sets time line for profitability, IPO
Ø  Real estate awaits return of FDI wave
Ø  Discounts jump to 20% in commercial vehicles segment
Ø  Canada protests India’s imposition of 50% levy on import of yellow peas
Ø  Trai likely to back Reliance Jio’s cashback offers

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