13 March 2018

13 March: News roundup

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Business Standard

Ø  'EoI for Air India stake sale in next couple of week'

Ø  Airtel gets a Rs 16,500 crore bulwark to counter Jio

Ø  Infosys to delist shares from 2 European exchanges

Ø  Tata Sons selling $1.25 bn worth of TCS shares

Ø  Saudis said to use coercion and abuse to seize money

Ø  NCLT continues stay on sale of Rcom towers, fibre

Ø  Yes Bank biggest shareholder in Fortis with 17.31%



Ø  Feb retail inflation eases to 4-month low of 4.44%, IIP grows 7.5% in Jan

Ø  Sensex posts biggest single-day gain in over 20 months on global cues

Ø  Job creation more than doubles to 136,000 in July-Sept 2017: Labour Bureau

Ø  Govt tables bill to streamline chit fund sector, hike foremen's commission

Ø  L&T construction to build Dwarka expressway; bags orders worth Rs 26 bn

Business Line



Mint

Ø  NDB, ISA tie up to promote solar energy

Ø  BHEL bags Rs 736 cr order for nuclear steam generators

Ø  IOC, Tata Motors flag off hydrogen fuel cell bus

Ø  Bharti Airtel board approves Rs 10,000-cr NCD issue

Ø  MCX-Aluminium hovers above a crucial support

Ø  US duty hikes may trigger retaliatory action, hurt global growth: S&P

Ø  Pest effect: Cotton body prunes crop size by 5 lakh bales



Ø  JSPL board to consider QIP issue on Friday

Ø  Brokerages upbeat on Bharat Dynamics IPO

Ø  ACC and Ambuja Cements to enter into master supply agreement

Ø  SC to consider auction of Unitech’s unencumbered assets to refund home buyers

Ø  Essar Steel: Numetal, ArcelorMittal may be headed for legal battle

Ø  Sebi seeks relaxed rules for municipal bodies eyeing bond market

Financial Express



Financial Chronicle

Ø  Rupee jumps 13 paise against US dollar as equities roll; Sensex fires up 611 pts

Ø  5 IPOs in next 10 days: Bandhan Bank, HAL, others set to raise over Rs 10,500 crore

Ø  Over 100 startups receive funding under Fund of Funds, says government

Ø  India attracts USD 209 billion FDI during Apr 2014 to December 2017

Ø  Small businesses yet to recover from demonetisation, GST, says report



Ø  Q3 GDP indicates recovery in economic activity

Ø  India set to pip China in enterprise app software spends growth

Ø  NALCO declares interim dividend of Rs 908 crore

Ø  Tata Sons plans to raise Rs 8.2K cr via TCS share sale

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