5 Dec: News round up

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Business Standard

Ø  ONGC partners in 6 blocks may have to share load

Ø  Airtel acquires stake in digital books platform

Ø  Xiaomi is said to seek valuation of over $50 bn in IPO

Ø  Fitch cuts India's growth forecast to 7.3% for FY’19

Ø  Use discretion fairly in investigations: FM to DRI

Ø  Banks assure UIDAI of meeting enrolment target by Dec

Ø  First-time buyers drive up sales of premium car brands



Ø  RBI builds $31-bn forwards position as dollar tide rises

Ø  Test networks with 5% subscribers: Trai

Ø  Indian public relations firm files insolvency plea against RCom

Ø  Telcos should get 90 days for network testing period: Trai

Ø  Ruias want to pay up, retain bidder slot for Essar Steel

Ø  Nestle India declares interim dividend of Rs 33 per share

Ø  Considering banning import of pet coke: Centre to SC

Business Line



Mint

Ø  NSEL-FTIL merger upheld

Ø  Easier norms open affordable homes to more people: LIC HFL

Ø  Basmati prices rise on higher demand from West Asia

Ø  Aditya Birla Health Insurance bets big on retail segment

Ø  15th finance panel holds first meeting; to tap all stakeholders



Ø  Telecom dept to meet Airtel, Vodafone, Idea over Jio penalty

Ø  Baba Ramdev’s Patanjali to diversify into solar power business

Ø  Vijay Mallya has ‘a case of fraud’ allegations to answer, UK court told

Ø  Sebi clarifies norms for new mutual fund classification

Ø  Laurus Labs is ready to flood the US with cheap HIV drugs

Financial Express



Financial Chronicle

Ø  Odisha registers 2.3 pct growth in tax collection after GST

Ø  PNB gets shareholders’ nod to raise Rs 5,000 crore

Ø  Bond yield hits 15-month high as rate cut hopes wane

Ø  Rise in IPO activity may fuel credit growth in some sectors, says report



Ø  SBI to redesign dispatch envelopes to safeguard info

Ø  HC rejects 63 Moons plea against NSEL merger

Ø  FSSAI certification for organic food on the anvil

Ø  Tata Motors beats Mahindra to become third largest carmaker