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12 March 2018

12 March: News Roundup

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Business Standard

Ø  'US, China keen to join International Solar Alliance'

Ø  Jet Airways, Air France, others to bid for Air India

Ø  Disney's 'Black Panther' reaches $1 billion globally

Ø  India should drag US in WTO over tariff hike: Experts

Ø  Govt to get around Rs 8,044 cr dividend from Coal India

Ø  SBI tightens noose around borrowers in jewellery sector



Ø  PFC's power projects with 14,000 Mw capacity to go down insolvency alley

Ø  SBI, UCO Bank looking for buyers to clear off Rs 12.45-billion NPAs

Ø  PM Modi calls for concessional, less-risky financing for solar projects

Ø  'Powerful' UP govt is top defaulter with Rs 100-bn power dues

Ø  Need $1 trn to achieve 1 TW solar power capacity by 2030: Emmanuel Macron

Ø  Govt to invest Rs 50 bn in Food Corporation of India in 2 years: Parl panel

Business Line



Mint

Ø  India on its way recovering from demonetisation disruptions: IMF

Ø  India can stand tall in a trade war: Anand Mahindra

Ø  NTPC to acquire Kanti, Nabinagar JV plants for Rs 3,000 cr

Ø  As Chinese imports decline, domestic refractory makers eye larger market

Ø  Women make up just 22% of S&P 500 boards: Report

Ø  Neuberg Diagnostics to invest ₹300 cr for expansion



Ø  Manufacturing outlook positive for January-March quarter: Ficci

Ø  EON to acquire RWE’s Innogy, upending German energy industry

Ø  India, China key engines of global economic growth: IMF’s Tao Zhang

Ø  CCI clears RCom’s plans to sell infra assets to Reliance Jio

Financial Express



Financial Chronicle

Ø  India, China important engines of regional and global economic growth: IMF

Ø  GST Council meet: E-way bill from April, easier returns delayed

Ø  European Union says no ‘immediate’ clarity from US on trade tariffs

Ø  Coca-Cola plans to localise two-third of its products portfolio in India



Ø  High production to keep prices under pressure

Ø  Rural, infra spaces may see momentum in next few quarters

Ø  Oil, fund flows, GST glitches key risks in 2018: Crisil

Ø  Inefficiencies in logistics cost India $95 billion

Ø  PMO calls officials’ meet on exporters’ GST refunds

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