News roundup: 26 Feb

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Business Standard

Ø  PNB-wary banks now plan to get solid cover for lone wolf attacks

Ø  Sebi, bourses probe stock manipulation at PSBs

Ø  PNB: ED to seek info from over dozen countries on Nirav

Ø  AP signs MoUs of Rs 1.75L cr, RIL to invest Rs 55K cr

Ø  COAI says no question of apology to Reliance Jio

Ø  Taxmen told to go the whole hog for record Rs 10 lakh crore kitty

Ø  'India will soon leapfrog to cutting-edge rail technology'



Ø  Dr Reddy's gets EIR, says USFDA maintained OAI status for Srikakulam plant

Ø  JSW Steel close to acquire Italian firm Aferpi for Rs 6 billion:

Ø   Essar Shipping plans to double cargo tonnage to 30 MT by 2019-20: CEO

Ø   Catholic Syrian Bank to increase equity to allow Fairfax on board

Ø  PNB scam, possible Fed rate hike spur Rs 100 bn FPI sell-off in Feb

Ø  MSE gets Sebi nod for electronic book building mechanism for online bidding

Business Line



Mint

Ø  Jaitley slams regulators’ failure to detect PNB fraud

Ø  One-page return, staggered filing likely for GST

Ø  Multinational accounting firms face the heat

Ø  Bhushan Power bid: NCLT to hear Liberty House plea on Monday

Ø  Pharma industry told to make use of changing demographics

Ø  Turkish ground handling co Celebi plans to invest in India



Ø  ONGC Videsh drops plan to build LNG export facility in Iran

Ø  Hindustan Zinc to commission 2 new mills at Rs600 cr cost

Ø  Grasim Industries gets green nod for Rs1,800 crore expansion project

Ø  SBI set for UK restructuring

Ø  Europe to shut ABLV Bank at center of a scandal roiling Latvia

Ø  India may allow only commercial coal mining in the future

Financial Express



Financial Chronicle

Ø  70% IGST refund stuck due to flawed claims filed by exporters: CBEC

Ø  Focus on investment, productivity to lead to sustainable growth rate: Report

Ø  Huawei unveils world’s first 5G commercial modem

Ø  Tech Mahindra bets big on 5G services, sets up lab in Bengaluru



Ø  Wealth of Indian rich equals15% of GDP, poor getting poorer

Ø  Sebi, SEs look for manipulation in bank derivatives

Ø  FPIs pull out Rs 10,000 cr from equity market this month

Ø  CBI files Rs 97 cr loan default case against Simbhaoli Sugars; chairman, Dy MD

Ø  FinMin, RBI to hold talks on raising FII limit in G-Secs