26 April: News roundup

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Business Standard

Ø  Nasdaq open to cryptocurrency exchange in future

Ø  Manipal again sweetens offer for Fortis Healthcare

Ø  HDFC Bank hikes FD rates for amount under Rs 1 cr

Ø  Troubled telecom client drags Wipro's Q4 profit down

Ø  Internet shutdown cost Indian economy $3 bn: Study

Ø  PNB to hire detective agencies to recover bad loans

Ø  Rupee crashes 52 paise to 14-mth low against dollar

Ø  Patanjali denies making Rs 9k-crore bid for Ruchi Soya



Ø  Bank credit grows 12% to Rs 85 trillion in fortnight ended April 13: RBI

Ø  Insolvency row: NCLT stays Union Bank's plea against debt-ridden Era Infra

Ø  Bitcoin to continue facing regulatory hurdle amid crypto crackdown: Moody's

Ø  20 million e-way bills generated for movement of goods in 24 days: GSTN

Ø  Govt hikes raw jute MSP by Rs 200 to Rs 3,700/quintal for 2018-19

Ø  Sebi lifts market ban on 34 entities in Dhyana Finstock case

Business Line



Mint

Ø  Indus Towers to merge with Bharti Infratel to create world’s largest tower co

Ø  India’s average GDP growth may rise to 7.8% in H1: Nomura

Ø  Bank credit grows at 11.52%, deposits at 7.96%

Ø  CBI charge-sheets Mercator’s Mittal, four DCI officials

Ø  Videocon approaches NCLT to list all insolvency cases together

Ø  Zydus Cadila gets USFDA nod to market 2 drugs



Ø  India issues fresh notices to Facebook, Cambridge Analytica over Indians’ data misuse

Ø  ICICI Prudential Life gives more bang for the buck

Ø  India shows jobs growth as 3.11 million join EPF in six months

Ø  IDFC Bank to raise up to Rs5,000 crore via bonds

Ø  Tata Power Renew may invest Rs6,100 crore in Andhra, Karnataka solar power projects

Ø  Jindal Stainless Q4 profit drops 29% to Rs114.74 crore

Financial Express



Financial Chronicle

Ø  Arun Jaitley attends Cabinet meeting, to chair GST Council meet on May 4

Ø  India inks $125 mn loan pact with World Bank for inclusiveness project

Ø   Cabinet approves restructured bamboo mission with outlay of Rs 1,290 cr

Ø  Anmol Ambani enters boards of Reliance Nippon Life AMC, Reliance Home Finance



Ø  Grain target for 2018-19 set at 284 mt, kharif MSP to be raised

Ø  New jobs decline by 1,32,482 in Feb: EPFO

Ø  New Nifty index to track equity savings funds

Ø  Piramal Housing Finance aims to double assets

Ø  Currency hoarding on despite govt, RBI assurance