18 Dec: News Roundup

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Business Standard

Ø  Warburg close to buying 49% stake in CAMS

Ø  New plan to fast-track Essar Steel resolution

Ø  Drug makers may face sharper scrutiny from USFDA

Ø  Aurobindo, DLR in race for bankrupt Orchid's buyout

Ø  Bank credit may see a jump post IBC’s implementation

Ø  Railway experts 'assessing' JSPL's rail producing plant

Ø  Over 22,000 indicted in China for net, telecom fraud

Ø  HDFC Bank issues 3 lakh instant credit card



Ø  Tata Tele in talks with Indian lenders to repay debt early

Ø  Govt to issue notices to assessees failing to file GST returns

Ø  Sebi asks mutual funds to downplay 'Sahi Hai' campaign

Ø  Govt should dilute stake in PSBs to 33% in next 3 yrs: CII

Ø  Indian exports to China soars 53% to $1.24 bn in October

Ø  Nearly 140 mn PAN cards linked to Aadhaar so far: UIDAI

Ø  Bitcoin-inspired illicit investment schemes to face regulatory axe in India

Business Line



Mint

Ø  Parliament nod likely soon for Rs. 1.35-lakh cr bank recap bonds

Ø  DoT mulls allotting backhaul spectrum through auction

Ø  H’bad High Court likely to hear Unitech's plea on Monday

Ø  Tata Steel Joda Mine gets Golden Peacock Innovation Award

Ø  MF folio count jumps to all-time high of 6.5 cr at Nov-end





Ø  World’s biggest exchange to start bitcoin futures trading

Ø  DoT mulls allotment of backhaul spectrum through auction

Ø  RIL, HDFC Bank contribute over one-third of Sensex’s market cap gain in 2017

Ø  UIDAI suspends Airtel, Airtel Payments Bank’s eKYC licence

Ø  Reliance Jio in talks with multiple developers for content

Financial Express



Financial Chronicle

Ø  Political factors to weigh more on economy, says Assocham

Ø  Foodgrain output to hit last year’s record level; farmers in price trap

Ø  350 infra projects see cost overrun of Rs 1.95 lakh cr

Ø  India steel demand will take longer to peak: Worldsteel



Ø  Irdai panel: Cut G-sec, up equity portion

Ø  Coal India likely to increase dry fuel prices by 8-10% soon

Ø  Auto firms seek two-rate GST

Ø  Panama: ED seizes over Rs 48 cr assets of Ahmedabad firm