30 November 2017

30 Nov: News roundup

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Business Standard :


Ø  Govt may directly fund Rs 1.35-lakh cr bank recap

Ø  Moody's upbeat on steel cos, bets big on Tata Steel

Ø  Modi will try a $4.7-bn sweetener to woo potential buyers of debt-laden Air India

Ø  SBI raises bulk deposit rates by 100 bps

Ø  Bitcoin blasts past $11,000 hours after hitting $10,000

Ø  Infosys Finacle launches blockchain systems for banks

Ø  Bank of Baroda to shut Hong Kong branch, Thailand office

Ø  Nearly 70% of stressed SMEs face liquidation

Ø  Securities class action lawsuit served on Dr Reddy's in US

Ø  DLF plans to raise Rs 3,500 cr via QIP; board meeting on December 1

Ø  UP sugar mills urge Adityanath to clear Rs 475 cr power dues

Ø  NBFC funding to rise over total net worth of small business loans: Icra

Business Line


Mint


Ø  NTPC looks to acquire stressed commissioned plants

Ø  SEBI slaps ₹10 lakh fine in WhatsApp-based investment scam

Ø  Rupee closes stronger at 64.31

Ø  Nestle India, distributors fined in Uttar Pradesh

Ø  ‘All ingredients are in place for earnings recovery’

Ø  Zydus Cadila gets USFDA nod for blood pressure drug

Ø  Nasdaq is said to plan bitcoin futures next year, joining biggest rivals

Ø  Auto component firms’ debt-equity ratio falls to lowest in a decade

Ø  BMW looking for partners to develop small electric cars

Ø  Yes Bank sets up $1 bn debt programme to raise money

Ø  GST may cloud GDP data for September quarter

Financial Express


Financial Chronicle


Ø  Analysts forecast better Q2 show with a GDP print of 6.4%

Ø  Government wants RBI rate cut before March, says report

Ø  GES 2017: India moves up one spot to 68 on Global Entrepreneurship Index

Ø  Indian bond yields to remain range-bound on two-way action: DBS

Ø  India records 45% jump in nos of petrol pumps in last 6 years

Ø  Jet Air in revenue pact with Air France-KLM

Ø  Mittal believes Trai will have another round of talks

Ø  2018 may see beginning of private capex recovery

Ø  Govt turns to PDS as onion, tomato prices soar

Ø  Future Supply Chain gets 62% revenue from group

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