14 Dec: News roundup

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Business Standard

Ø  Deadline to link Aadhaar with PAN, bank account extended till March 31

Ø  India’s current account deficit doubles to 1.2% of GDP

Ø  Reliance Jio likely to be worth as much as US' Sprint

Ø  RBI imposes restrictions on Corporation Bank

Ø  Indian bizmen to transfer $128 bn to next gen: Karvy

Ø  RBI imposes Rs 3 crore penalty on IndusInd Bank

Ø  Banks, insurance cos under lens for inflated tax credits



Ø  Divestment activity to continue in March quarter

Ø  Indian promoted fintech company gets listed on NASDAQ

Ø  NSE to auction investment limits for Rs 7,300-cr corp bonds

Ø  SAIL says board approved JV with ArcelorMittal for automotive steel

Ø  Orchid Pharma gets USFDA nod for ANDA for schizophrenia drug

Ø  Future Group may list home furnishing arm on Friday

Ø  First low-cost airline ready for second take-off

Business Line



Mint

Ø  Income-Tax dept conducts surveys at Bitcoin exchanges across country

Ø  Supreme Court allows use of petcoke by cement industry

Ø  Daily trading turnover on BSE’s India INX crosses Rs. 1,700 cr

Ø  ‘Buyers of Tata Motors’ cars are far younger and wealthier’

Ø  Spending on agri R&D alleviates poverty substantially: Study





Ø  ADB lowers India’s GDP forecast for FY18 to 6.7%

Ø  India in talks with Indonesia for refineries, LNG plants

Ø  Vijay Mallya assets freeze order in UK courts until April 2018

Ø  GST Network simplifies returns filing process

Ø  Flipkart completes buyback of employee stock options worth $100 million

Financial Express



Financial Chronicle

Ø  India’s CAD more than doubles to $7.2 bn in Q2, says RBI data

Ø  Turning hawkish on India as inflation zooms past RBI target

Ø  GST led to 12 percent rise in cost of solar projects, says AISIA

Ø  South Korea bans its banks from dealing in Bitcoin

Ø  Banks yet to pay CITs Rs 25 cr for note ban period, says CLA



Ø  Maruti cars to cost up to 2% more from 2018

Ø  New high: 122 IPOs raised Rs 70K cr in 2017

Ø  Banks to take another 23 firms to NCLT for insolvency

Ø  SC stays Centre’s takeover of Unitech