11 Dec: News Roundup

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Business Standard
Ø  Bankers stare at Rs 1 lakh crore bad loan bomb ready to explode in next 2 days
Ø  Satyam case: SC dismisses ED plea against TechM
Ø  Largest automated container terminal opens in China
Ø  Thyssenkrupp makes offer to workers for Tata Steel deal
Ø  Insolvency: IBBI notifies rules for complaint handling
Ø  India to seek solution to food stock issue at WTO
Ø  Pay hikes may get fatter after trimming of jobs in 2017

Ø  Firms, lenders ask RBI to extend insolvency deadline
Ø  Mukesh Ambani drives 45% of India Inc's capex since FY14
Ø  FY19 Budget may assume crude oil price at $65/barrel
Ø  Banks worried over Air India divestment route
Ø  Trade unions to make case for CIL contract workers' 20% wage hike
Ø  Coal India to leverage mining expertise for diversification: Centre
Ø  SBI changes names, IFSC codes of around 1,300 branches
Business Line

Mint
Ø  Central banks buying gold in effort to diversify reserves
Ø  India’s ultra-mega solar project to be discussed at France Summit: World Bank
Ø  Aadhaar-PAN linking deadline extended to March 31
Ø  Mahindra Electric to play key role in SsangYong’s EV drive
Ø  Top eight BSE companies add Rs. 57,998 cr to market valuation
Ø  Mutual funds log Rs. 1.26 lakh cr inflow in Nov

Ø  Oil firms skip monthly LPG price hike for the first time in 17 months
Ø  Bitcoin looks like bubble, New Zealand’s central banker warns
Ø  Telecom Commission to consider ministerial panel suggestions on 21 December
Ø  McDonald’s may appoint new partner for north, east India
Ø  Ultratech to set up Rs1,850 crore cement plant in Rajasthan
Financial Express

Financial Chronicle
Ø  India wants status quo in food procurement to change for better
Ø  Government hints at reviewing rates in top GST bracket
Ø  Coal imports rise 40% on restocking demand in November
Ø  Patanjali to manufacture solar energy equipment
Ø  Airtel to connect over 2100 uncovered villages in North East

Ø  Delhi govt cancels licence of Max Hospital
Ø  Bank of India to raise `3,000 crore via QIP
Ø  Govt takes over Unitech, NCLT allows MCA to appoint 10 directors
Ø  Forex reserves jump by $1.2 bn to $401.94 bn
Ø  Bids for RCom's spectrum, tower to open this week
Ø  Bank of India to raise `3,000 crore via QIP