14 May: News Roundup

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Business Standard

Ø  Jio's latest accusation could land Airtel in a Rs 1,100 crore soup

Ø  FPIs pull out $2 bn from mkts in 8 trading sessions

Ø  Taxing farm income under consideration of all govts: Niti

Ø  Too much trade deficit with US not good: Chinese envoy

Ø  RBI may put restrictions on 2 more lenders under PCA

Ø  Air India records 20% growth in revenue

Ø  Post QIP, ABG needs to buy 4.9% from Vodafone



Ø  Rs 150-bn mega deal inked to enable Indian Army to fight a 30-day war

Ø  E-rickshaw tyres to attract 28% GST under Motor Vehicle Act, rules AAR

Ø  Equity mutual funds garner Rs 124 bn in April; drive AUM to record Rs 8 trn

Ø  India needs 3 million cyber security professionals right now: IBM

Ø  Reliance Jio files complaint against Airtel over Apple Watch eSim service

Business Line



Mint

Ø  ‘SoS’ sugar cess to fetch Rs.6,700 cr a year

Ø  Commerce Min starts work to further revise WPI base year to 2017-18

Ø  Govt ‘to link 200 more mandis to eNAM platform this fiscal’

Ø  Vijaya Bank tags Reliance Naval as NPA from March quarter

Ø  Harley-Davidson’s 3-pronged plan to drive growth

Ø  Fortis deal: PEs East Bridge and Jupiter favour bid by Malaysia’s IHH



Ø  FBB COO Rajesh Seth says Future Group aims to double its turnover in the next two years

Ø  JK Cement Q4 profit more than doubles to Rs96.45 crore

Ø  PNB scam: RBI declines to share inspection reports

Ø  Oriental Bank of Commerce Q4 loss widens to Rs1,650 crore on rising bad loans

Ø  New direct tax code to benefit corporates, IT payers

Financial Express



Financial Chronicle

Ø  China’s plans to import Indian drugs fail to enthuse Indian pharmaceutical firms

Ø  Artificial Intelligence facing large skills shortage, says Microsoft

Ø  CCI approves JSW-led consortium bid to acquire Monnet Ispat

Ø  Power Struggle: NTPC’s legacy PPAs keep tariffs high



Ø  RBI printing more notes to build cash reserves

Ø  New definition, tough steps to tackle shell companies on cards

Ø  BSNL ready to compete in market: CMD

Ø  Tea planters, firms want rise in farm-gate prices

Ø  Castor prices may see recovery on export demand