09 July 2018

News Round Up: 9th July 2K18

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9th July 2K18

Economic Times

Ø  CCI dismisses complaint against IOCL, BPCL, HPCL
Ø  China's e-commerce players value Indian mkts: Report
Ø  PNB's wilful defaulters dues fall to Rs 15,354 cr
Ø  Investors adopting 'wait and watch' approach on India
Ø  GST: GoM favours deferment of sops for e-payments
Ø  PSBs to raise Rs 50K crore equity capital in FY19
Ø  JP Associates gets Rs 2,850 crore contract in J&K

Business Standard

Ø  India reconsidering Rs 2 trn 5th generation fighter jet project with Russia
Ø  ONGC postpones KG basin project to Dec 2019; oil production by March 2021
Ø  CBI looks for banking, tax experts to help probe in multi-billion scams
Ø  Curb 'high-pitched' assessments against taxpayers: CBDT to I-T dept
Ø  Auditor Deloitte raises red flag over Fortis Healthcare's financial results

Business Line

Ø  Statutory auditor certificate must for companies raising public deposits
Ø  GST discount on digital payments deferred
Ø  ICICI Prudential MF to seek clarity from SEBI on its ICICI Securities IPO
Ø  India to tell US not to judge ties on the basis of trade deficit
Ø  Central agency must be set up to evaluate big loan proposals: ICAI

Mint

Ø  Trai's public WiFi model breaches Telegraph Act: COAI
Ø  Fundraising via IPOs doubles to ₹ 23,670 crore in 1st half of 2018
Ø  Ashok Leyland plans to take its Optare electric bus to new markets
Ø  GSPC to commission Mundra LNG terminal in 2-3 months
Ø  US oil sellers may look to India as China tariff war escalates

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