13 December 2017

13 Dec: News Roundup

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Business Standard

Ø  Industrial output growth slows to 3-mth low in Oct

Ø  Religare gets NCLT nod to merge 11 entities with itself

Ø  'Infra sector to attract $12-13 bn investment via NIIF'

Ø  Aadhaar compulsory for AMCs' clients from Jan: BSE

Ø  $42b manager fears bubble in world's biggest stocks

Ø  Indian telecom subscriber base dips to 120 cr in October

Ø  Aion-JSW frontrunner to acquire Monnet Ispat

Ø  Inflation jumps to 15-month high, IIP slows to 2.2%

Ø  IndiGo promoters offloading Rs 1,245-cr shares thru OFS

Ø  Overall India M&A value declines 12% to $56 bn in 2017

Ø  Adani Power gets over 174.84 acres of land from Jharkhand govt

Ø  NSE awaiting Sebi's approval to launch commex derivatives: Limaye

Ø  IDBI Bank to sell 30% stake in NEGIL to exit non core business


Mint

Ø  SEBI mulls reducing listing time to four days

Ø  ONGC seeks access to data room to fix HPCL acquisition price

Ø  SEBI plans discussion paper on MF expense ratio

Ø  US, India spar over developing country status at WTO

Ø  Govt issues norms for wind power procurement

Ø  RIL said to plan Reliance Jio IPO after $31 bn spending spree

Ø  WTO talks in Buenos Aires on brink of collapse

Ø  Indian economy to grow at 7.2% in 2018, says UN report

Ø  Retailers’ association writes to RBI seeking revision of MDR

Ø  Tata Communications’s 15-year wait to spin off land assets nears end


Financial Chronicle

Ø  Infrastructure sector to attract $12-13 bn investment via NIIF: Economic Affairs Secretary S C Garg

Ø  Equity IRR for 1st set of toll-operate-transfer highways seen at 12-13%, says Crisil report

Ø  1,800 crore digital payment transactions likely in FY 2018, says KJ Alphons

Ø  BHEL commissions coal-fired power plant in Indonesia

Ø  Airtel to sell 20% stake in DTH arm to Warburg Pincus

Ø  ‘Allocations for rural and urban infrastructure could rise’

Ø  Rs 10K crore tax demand on IT firms set aside

Ø  Rising crude oil takes fizz out of equities

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