27 Nov: News roundup

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Business Standard

Ø  India has potential to be $10 tn economy: McKinsey MD

Ø  Airtel a beneficiary of consolidation: Sunil Mittal

Ø  Finmin confirms LIC’s Rs 1.5 lakh crore Railway ticket

Ø  FPIs invest $2.6 billion in capital markets in Nov

Ø  Taxmen to slap higher tax on fraudulently revised ITRs

Ø  COAI seeks talks with TRAI on new call drop norms

Ø  No intention of introducing Islamic banking: Naqvi

Ø  Nepal state firm to build $2.5 bln power project



Ø  Insolvency and Bankruptcy Code: Lenders, bidders split on assets valuation

Ø  GDP growth to be better in Q2, experts say

Ø  Unsold housing units fall to 685,000 in 7 cities; NCR has 34% of them

Ø  Aurobindo Pharma looks for inorganic growth prospects in East Europe

Ø  BSE changes limit for risk reduction mode in currency futures

Ø  L&T's H’bad Metro project delay raises cost by over 30%

Business Line



Mint

Ø  ‘Look North-East’ push from govt, tyre sector gathers pace

Ø  Dumping duty on caustic soda imports extended by one year

Ø  ‘HDFC Bank does not see fintech companies posing a challenge’

Ø  ONGC wants higher gas price to produce KG, Kutch discoveries

Ø  Mahindra eyes US car market with South Korean subsidiary



Ø  Uber sees India development centres driving global innovations

Ø  Saudi Aramco, Sabic sign deal for $20 billion oil-to-chemicals project

Ø  Jindal Steel could win a slice of Indian Railways’ global tender for steel rails: report

Ø  Opec has no idea what shale is up to, but never mind

Ø  NSE, BSE write to companies over WhatsApp earnings leak

Financial Express



Financial Chronicle

Ø  Remission in levies notified for textiles, apparel post GST

Ø  Looming inflation to dash rate cut prospects, says Assocham

Ø  Time for consolidation of reforms initiated in 42 months, says NITI Aayog

Ø  Brokers’ body asks government to reduce GST, scrap STT, dividend tax

Ø  Over one-third of 17 lakh registered companies out of business



Ø  Jindal Stainless gets nod for Rs 1,000 crore industrial park in Odisha

Ø  NRIs investing in commercial realty, but with caution

Ø  FPI change of heart sees Rs 16K cr net flows into equities

Ø  Tyre makers see Northeast rising as rubber hub