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Business Standard
Ø India's ecomm M&A deals touch $2.1 bn in 2017
Ø Welspun Corp to fully retire debt by March next year
Ø PNB aims to grow biz by around 11% in current fiscal
Ø Jaypee's customers write to IRP to protect home buyers
Ø Manipal-TPG revises offer for Fortis Healthcare
Ø NCLT suggests IBBI review insolvency code regulations
Ø Indians among favoured migrants in UK: Survey
Ø No bias in RBI-led MPC to raise interest rates: Economic Affairs Secretary
Ø Underpayment of GST by about 34%, firms get scrutiny notices for mismatch
Ø Telecom: Govt's 4-yr investment estimate of $100 bn conservative, says COAI
Ø Rs 6.21-bn UCO Bank fraud: ED files case under PMLA
Ø DoT, not Commerce Ministry, to decide on Idea's 100% FDI proposal: Prabhu
Ø Nifty is once again trading at 2% premium to 5-year average P/E multiple
Business Line
Mint
Ø Lenders may set up AMCs to deal with stressed power assets
Ø Time ripe to cut excise duty on petrol, diesel
Ø Mercator to use arbitral win to counter CBI charge-sheet
Ø ICICI board meet may take up allegations against CEO
Ø Nine in the fray for RBI Deputy Governor’s post
Ø Unions reject IBA offer for 2% wage hike, threaten strike
Ø Aurobindo launches $1.6 billion bid to buy Novartis generics unit
Ø RBI to buy up to Rs10K cr of government bonds on 17 May
Ø Big wilful defaulters owe PNB Rs15,172 crore
Ø JSW defers plans to tap PE fund for ports expansion
Ø HC verdict in Vodafone tax case on Monday
Ø SoftBank weighs options to cut tax liability in Flipkart stake sale
Financial Express
Financial Chronicle
Ø NITI Aayog seeks World Bank’s help to prevent fraud in AB-NHPM
Ø Cybersecurity risks to get worse, says Warren Buffett
Ø PNB fraud: ED refuses to share details of Nirav Modi & Mehul Choksi’s seized assets
Ø Four of top-10 most valued companies add Rs 39,603 cr in m-cap
Ø US protectionism spree altering global trade order
Ø Valuations of retail banks, NBFCs are stretched
Ø Traders offload holdings tracking weak leads in the spot markets
Ø Govt pressures PSUs to cough up 30-100% PAT as dividend
Ø FinMin wants RBI to relax 1-day NPA norm for power cos
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