28 Dec: News Roundup

Please Share:: �� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��

��

-->


Business Standard

Ø  Small savings schemes’ interest rates cut by 20 bps

Ø  Daiichi asks regulators to block Fortis stake sale

Ø  Govt plans to borrow extra Rs 50,000 cr in Jan-March

Ø  Vedanta to buy majority stake in Japan's AvanStrate

Ø  Arun Jaitley meets panel members to discuss budget

Ø  Hunt for next bitcoin to spark wilder crypto swings

Ø  Sebi orders Axis Bank to probe results leak

Ø  Lok Sabha passes bill for GST cess hike on luxury cars from 15% to 25%

Ø  L&T's construction arm wins orders worth Rs 1,125 cr

Ø  USFDA accepts Sun Pharma's new eye drug application

Ø  S&P puts Indian banks in 'Group 5' with Italy, Spain, UAE

Ø  National Insurance IPO deferred to next financial year

Ø  Sebi notifies norms allowing REITs, InvITs to issue bonds

Ø  Oil soars, Brent crude hits $67/bbl for first time since mid-2015


Mint

Ø  Moody’s lowers OIL’s baseline credit rating to baa3

Ø  DLF concludes stake sale in rental arm to GIC for Rs 9,000 cr

Ø  SEBI may put 10% cross-shareholding cap in mutual funds

Ø  ED attaches assets worth Rs. 177 cr in NSEL money laundering case

Ø  Aurobindo gets USFDA nod for deep vein thrombosis drug

Ø  ‘RBI to cut rates by 25 bps in April to signal lower lending rates’

Ø  Govt signals fiscal slippage in 2017-18

Ø  Bitcoin holds near $16,000 as proxy stocks add to advances

Ø  Air Deccan, Air Odisha join hands to save costs

Ø  Barclays takes $1.3 billion one-time hit from US Tax Bill

Ø  DoT suggests cutting GST on telecom services to 12%: Manoj Sinha

Ø  Lower cotton prices revive hope for spinning mills


Financial Chronicle

Ø  Insolvency: Sebi to ease compliance norms

Ø  Bharatmala a big play for investors, but goal ambitious: Icra

Ø  China Q4 economic trends point to slowdown in 2018, says survey

Ø  Delhi government, Maruti Suzuki sign pact to develop driving tracks

Ø  NBFCs retail credit growth seen at 16-18% in FY18: Icra

Ø  Suzlon opens first offshore Met unit in Arabian Sea

Ø  Shoppers Stop to engage personal shoppers

Ø  Toyota Kirloskar Motor expects better growth

Ø  India is the largest LPG importer

Ø  No GST on Viability Gap Funding disbursement

Ø  REITS, InvITs allowed to issue bonds via bourses