09 April 2018

9 April : News roundup

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Business Standard

Ø  SAC shows interest in bidding for Air India

Ø  NBWs issued against Nirav Modi and Mehul Choksi

Ø  CVC awaits vigilance report; calls PNB auditors

Ø  India to flag steel duty hike issue at TPF meet with US

Ø  To end bankruptcy proceedings, Binani to move country's top court

Ø  Flipkart-Amazon combine may face close scrutiny

Ø  SBI, PNB put 15 NPAs worth Rs 1,063 crore for sale

Ø  L&T to grab early spotlight at Defexpo with first private sector warship

Ø  Govt borrowing likely to be lower in second half of FY19 than in the first

Ø  DIPP to discuss FDI issues in tobacco sector with stakeholders on April 11

Ø  FPIs stay bullish on India, invest over Rs 37 billion in debt markets

Ø  Canara Bank to shut three branches in Leicester, Bahrain and Shanghai

Business Line


Ø  India, Nepal agree to expedite all connectivity projects

Ø  Adani Ports inaugurates Dhamra Port 2nd phase expansion

Ø  Bharat Biotech unveils new brand identity

Ø  Eight of top 10 companies add Rs 86,000 cr in m-cap

Ø  With UIDAI curbs on e-verification firms, fintech players turn to physical KYC

Ø  Jyoti Structures resolution plan may get fresh lease of life

Ø  Regulators may extend timings of currency derivatives trading

Ø  ACME Solar to re-file documents for IPO

Ø  VLCC to open 50 institutes in India, plans to go international

Ø  NCLAT interim order clears RCom asset sales to Reliance Jio

Ø  Avendus arm to lend to small and medium firms

Financial Express

Financial Chronicle

Ø  India, South Korea to ink pact for seafarers, boost bilateral ties: Nitin Gadkari

Ø  CGST Mumbai zone mops up Rs 72,509-crore revenue till February

Ø  Pakistan economy set to surpass last year’s decade-high growth: SBP

Ø  Tata Chemicals all set to acquire Allied Silica Ltd for Rs 123 crore

Ø  Monsoon data to affect agri prices in coming months

Ø  Downstream PSUs to report subdued numbers

Ø  Cabinet note on new MSP policy soon

Ø  Lower bond yields and big spends may prod govt to up H1 borrowings

Ø  Two-wheeler loans grow 32% in 2017; Gujarat has highest NPAs

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