14 February 2018

News headline: 14 Feb

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Business Standard

Ø  UK-based Liberty House wants to bid for Bhushan Power

Ø  Govt pushes for early closure of PPF a/c, plays down deposit fears

Ø  Banks may take Rs 30,500 cr hit on rising bond yields

Ø  Top six cos' share in steel output 58% in Apr-Jan

Ø  Abu Dhabi oil co to fill half of Mangalore oil reserves

Ø  Led by PSBs, NPAs soar 34.5% in Q3; pain to linger on: Report



Ø  Indian pharma firms renew focus; Dr Reddy's, Cipla eye $100-bn China market

Ø  Six leading cement cos forming a 'cartel' under CCI scanner

Ø  Torrent Power, ReNew, Green Infra win big projects in fourth wind bidding

Ø  Stoppage of mining in Goa to impact revenue of Rs 34 bn

Ø  States may lose Rs 120 bn in share of central taxes over road & infra cess

Ø  Reliance Aerostructure-Thales India JV gets CCI approval: Sources

Business Line



Mint

Ø  Lenders to finalise winning bid for two Bhushan companies on Feb 23

Ø  Panel approves arms acquisition proposals worth ₹15,935 cr

Ø  Need to unlock power demand in the country: Minister

Ø  Fortis seeks 15-day extension to declare Q2, Q3 results

Ø  Tata Steel bags ‘most ethical company’ award



Ø  RBI yanks the fig leaf off with new bad loan rules for banks

Ø  Telecom department to issue guidelines for M2M communication

Ø  Govt explores ‘cheap power’ sales to neighbouring countries

Ø  Max Life emerges as front runner to buy IDBI Federal Life

Ø  Indian Overseas Bank Q3 loss widens to Rs971 crore as bad loans pinch

Financial Express



Financial Chronicle

Ø  GST mop up could top Rs 1 trillion a month post anti-evasion steps

Ø  Commerce ministry cancels 8 projects of Navi Mumbai SEZ

Ø  NTPC to supply 300 MW power to Bangladesh at Rs 3.42 per unit

Ø  Income Tax raid cases not to be processed under e-assessment: CBDT

Ø  Fortis board accepts resignations of Singh brothers



Ø  ‘1.5 lakh e-transactions get compromised daily in India’

Ø  64% people opine GST disrupted businesses: Survey

Ø  Govt moves hard on shell firms, removes ITR exemption

Ø  RBI’s new norms on bad loans wake up call for defaulters: Govt

Ø  EPFO may retain 8.65% interest rate for FY18

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