11 April: News roundup

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Business Standard

Ø  Manipal-TPG sweetens offer to buy Fortis Hospitals

Ø  Jio & Airtel ahead of Voda & Idea in call quality: COAI

Ø  Oil set to pinch more as Saudis eye crude price@$80

Ø  Dalmia Bharat seeks RBI help in Binani settlement

Ø  Fitch Ratings downgrades PNB’s creditworthiness

Ø  Wipro's Rishad Premji appointed Nasscom chairman

Ø  Logistics companies plan to build and own warehouses



Ø  Government mulls to convert GST Network into 100 % state-owned company

Ø  Google files plea in NCLAT against CCI penalty for 'search bias'

Ø  RBI plans to collect information on loan to Videocon from ICICI Bank

Ø  AION-JSW's Monnet plan gets 98.97% committee of creditors' voting

Ø  No bias against states in finance commission's terms of reference: Jaitley

Business Line



Mint

Ø  Vedanta’s plea to restart Sterlite unit operations in Tuticorin rejected

Ø  TN sugar output seen up a tad, but still at historic low

Ø  Passenger vehicle sales rise 6.38% in March

Ø  Hit by NPAs, IDBI pins hopes on its revival strategy to come out of the red

Ø  Essar Ports to up capacity utilisation at its terminals

Ø  Tech Mahindra, Balbix tie up for AI-based cyber security platform



Ø  India joins bankruptcy proceedings of Nirav Modi firms in US

Ø  Airtel, Telkom Kenya said to seek merger to take on Safaricom

Ø  ONGC, Rel in talks with customers to sell east coast gas

Ø  Air India sale: Buyer has to take on interest-bearing debt of Rs16,500 crore

Ø  China’s Ant Financial aims for $9 bn in new funding: Report

Ø  10-year bond yield surges 15 bps, rupee closes higher against US dollar

Financial Express



Financial Chronicle

Ø  5 states account for 61% of e-way bill generation: GSTN

Ø  US budget deficit to surpass $1 trillion by 2020, two years sooner than expected

Ø  World’s largest solar park to come up in Gujarat, says CM Vijay Rupani

Ø  Louis Berger consortium bags contract for Mumbai Metro 4 line

Ø  Government withdraws memo inviting bids for Pawan Hans sale



Ø  India anti-trust case against Google goes to appeal

Ø  India, Egypt hold talks on providing new investment opportunities

Ø  BoB auctions assets way below loan value

Ø  Beneficial owner defined as one controlling FPI

Ø  Lenders okay JSW bid for Monnet

Ø  Cotton output pegged at 360 lakh bales