27 Dec: News roundup

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Business Standard

Ø  Bar on wilful defaulters not a moral issue: IBBI chief

Ø  FinMin to issue recapitalisation bonds to PSBs in Jan

Ø  Tatas need simpler mgmt structure: Chandrasekaran

Ø  Non-compliance to be 'very costly' for cos: Govt

Ø  Tata Steel said to seek $5.1 bn to help refinance debt

Ø  Essar Oilfields begins drilling oil off Gujarat coast



Ø  GST collections for November dip further to Rs 80,808 cr

Ø  India to become world's fifth largest economy in 2018, says CEBR

Ø  NSE revises penalty structure for unauthorised trades

Ø  Sebi may ease FPI norms, plans new governance model for mutual funds

Ø  Sebi disposes of case against OPG Sec in Prakash matter

Business Line



Mint

Ø  RCom announces debt revival plan, ropes in new investor

Ø  Rhizen gets orphan drug designation for cancer drug

Ø  Non-ferrous metal prices to remain firm next quarter: ICRA

Ø  Mahindra picks over 16% equity in Bayside Sports

Ø  SBI Manufacturing index inches up to 53.1 in December



Ø  RCom asset sale: Telecom sector consolidation enters its last phase

Ø  Sebi slaps fine on FTIL for changing name to 63 Moons Technologies

Ø  Cummins in talks to acquire Kirloskar Oil Engines in $500 million deal

Ø  ONGC Videsh to buy, not drill, its way to output goal

Ø  IDBI Bank disengages Moody’s from rating bonds

Financial Express



Financial Chronicle

Ø  Commerce ministry panel suggests change in SEZ rules

Ø  Indian economy to better than UK and France in 2018, says CEBR report

Ø  RCom announces debt revival plan, ropes in new investor

Ø  Employee unions of public sector banks defer tomorrow’s strike



Ø  PMEAC keen on infra financing outside budgetary support

Ø  IT hiring on the path of steady recovery

Ø  DeMo, GST impact: Number of new EPFO subscribers drops sharply

Ø  Sebi plans to revisit directive on loan default disclosure

Ø  BSE firms touch Rs 50L cr as big domestic investors rival FPIs