6 Nov: News Roundup

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Business Standard

Ø  Moody's cuts RIL credit outlook to stable from +ve

Ø  FPIs turn net buyers in Oct; invest Rs 3K cr in stks

Ø  Air India to sell 2 properties to State Bank of India

Ø  GSTN launches facility for exporters to claim refunds

Ø  Govt to give 60% stake in ONGC fields to pvt firms

Ø  Jeff Bezos sells 1 mn Amazon shares for $1.1 bn

Ø  Government to build 100 airports in 15 years



Ø  Govt may infuse Rs 70,000 cr into PSBs through recap bonds in next 4 months

Ø  UK rejects India's request to extradite Vijay Mallya twice

Ø  Global majors to seek clarity on Google tax

Ø  BSNL to rope in consultant for tower business spin-off blueprint

Ø  RIL awards R-Series gas field contract in KG-D6 to McDermott

Business Line



Mint

Ø  2.24 lakh firms de-registered for non-compliance

Ø  Spike in retail MF investments thru distributor route

Ø  Investments worth $11 bn committed during food event: Badal

Ø  Tata Global Beverages completes sale of Russian subsidiaries

Ø  ‘India’s food consumption to touch $ 1 trillion by 2025’

Ø  Review tariff barriers to position India as export hub: Hershey



Ø  GST Council to slash rates on common use items in meeting this week

Ø  India to be high middle income economy by 2047: World Bank CEO

Ø  Saab and Adani Group JV to produce UAVs, military copters

Ø  IPOs raise record Rs57,000 crore so far in 2017, 80% goes to existing shareholders

Ø  Len Blavatnik weighs big share purchase in Teva Pharma: Reports

Financial Express



Financial Chronicle

Ø  Digital transactions shoot up post demonetisation

Ø  GST helps Vedanta to streamline supplies in India

Ø  DLF’s Rs 8,900 cr deal with GIC gets Competition Commission nod

Ø  Sprint and T-Mobile call off merger after months of talks

Ø  Government woos investors to tap India’s agriculture sector



Ø  Decks cleared for futures trade in electricity

Ø  202 rail projects see cost overrun of Rs 1.5 lakh crore

Ø  Higher crude oil prices may worsen India’s fiscal balance

Ø  Unlocking US-India Trade Potential' meet on Nov 7

Ø  ITC, Pepsico, Patanjali to invest Rs. 68k cr in food & agri

Ø  Promoters, PEs corner lion's share of IPOs