19 December 2017

19 Dec: News Roundup

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Business Standard

Ø  India a leading global power: New US security policy

Ø  Gross NPAs of banks cross Rs 8.50 lakh cr in 1st half

Ø  Oil cos ask Airtel to revert LPG subsidy payments

Ø  Taxmen go on bitcoin hunt, slap notices on high-worth traders

Ø  Govt plans to dispose off 'enemy' properties soon

Ø  Iraq replaces Saudi Arabia as India's lead oil supplier

Ø  Bain, Tempus to buy Trans Maldivian for Rs 3,525 cr



Ø  Access to info utilities under bankruptcy law: IBBI proposes, RBI disposes

Ø  Committee set up for revival of loss-making SAIL, RINL: Govt

Ø  Trai may reduce mobile number porting cost by 80% to Rs 4

Ø  Firms acquiring stressed assets under insolvency may get tax relief

Ø  GST, rating upgrade major achievements of 2017, says FinMin

Ø  Section of PSU bank unions threatens strike on Dec 27

Business Line



Mint

Ø  Adani to build, operate Australian coal mine by itself

Ø  Gratuity law amendment Bill introduced in Lok Sabha

Ø  German chemical distribution firm Brenntag acquires 65% stake in Raj Petro

Ø  Kamat Hotels wins trademark case against Royal Orchid Hotels

Ø  IRDAI panel urges more flexibility in investment norms for insurers





Ø  CPPIB, GIC eye Baring PE’s stake in RMZ Corp

Ø  Domestic pharma gets extended release from low growth

Ø  Oracle agrees to buy Australia’s Aconex for $1.19 billion

Ø  PEs, NBFCs move to take more control of real estate projects

Ø  United Spirits sees McDowell’s No.1 brand driving sales growth

Financial Express



Financial Chronicle

Ø  About Rs 5,000 crore spent on printing of new 500 notes

Ø  Farm loan waivers to raise state deficits by Rs 1,07,700 crore, says report

Ø  GSTN brings in option for monthly, quarterly filing of forms

Ø  Section of PSU bank unions threatens strike on December 27



Ø  Banks borrow nearly Rs 80K cr from repo windows on tax outflows

Ø  Notices to Centre, CAG on PIL over GST compensation act

Ø  Crop insurance growth to taper down in FY18

Ø  Govt unlikely to table FRDI Bill in Budget session

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