22 Dec: News roundup

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Business Standard

Ø  All 2G accused, including Kanimozhi & Raja, acquitted

Ø  Sebi revives proposal on loan default disclosure

Ø  India needs to strengthen RBI's independence: IMF

Ø  UIDAI's conditional nod to Airtel for eKYC till Jan 10

Ø  JPMorgan 'breached anti-money laundering regulations'

Ø  US jobless claims increase more than expected

Ø  AI can infuse $957 bn into Indian economy



Ø  2G verdict: Telcos, investors may move arbitration courts to seek damages

Ø  SGX move could trigger diplomatic row between India, Singapore

Ø  Canara Bank to sell 4% stake in Canfin Homes

Ø  BOJ keeps monetary policy steady; aims to achieve 2% inflation target

Ø  Sun Pharma recalls two batches of diabetic drug from US market

Ø  HDFC Capital creates $1 bn war chest for low-cost housing

Business Line



Mint

Ø  CBI to appeal against 2G case verdict acquitting all accused

Ø  FRDI Bill: ‘Govt committed to protecting interests of depositors in public sector banks’

Ø  Govt may raise import duty on wheat

Ø  Recap, IBC will help clean up bank balance-sheets: RBI

Ø  Electric vehicles will be made based on customer survey: Maruti

Ø  Govt proposes Rs. 23,450-cr scheme for rooftop solar

Ø  Carlyle Group acquires stake in Visionary RCM Infotech



Ø  India assures contracts for local solar panel makers in govt projects

Ø  Black money: India, Switzerland ink deal for data sharing from 1 January

Ø  Lodha Developers looking to raise up to $1 billion via IPO

Ø  Lenders put Jaypee Group firm PPGCL up for sale

Ø  Azim Premji Trust sold 2.73% stake in Wipro in share buyback offer

Ø  Trai directs Aircel to submit report on subscriber port-out in 6 circles

Financial Express



Financial Chronicle

Ø  India’s financial sector facing considerable challenges: IMF

Ø  Narendra Modi Cabinet clears auction of 680 FM channels in 236 cities; set to raise Rs 1,100 crore

Ø  Reliance Jio and COAI differ over mobile connectivity project in Naxalism affected regions

Ø  Air India’s operational profit rises to Rs 215 crore in 2016-17

Ø  Removal of stockholding limits to ease sugar prices: Ind-Ra



Ø  2G verdict: ED to appeal acquittal of 19 accused

Ø  Airtel board okays terms of Tata Tele deal

Ø   RBI warns of further NPA woes

Ø  RInfra sells Mumbai power business to Adanis for Rs 18.8k cr

Ø  SBI report suggests bonds for bail-in of banks