1 Jan: News Roundup

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Business Standard

Ø  DoT to send notice to Jio, others to recover Rs 2.5k cr

Ø  SAIL to bid for stressed assets of Essar, Bhushan Steel

Ø  Looking to expand further in India: Tata Steel

Ø  Telecom sector looks to dial up growth in 2018

Ø  Investors get notices for Remittance Scheme breach

Ø  SFIO conducting additional inquiries in Kingfisher case

Ø  Oil, Fed hike raise risk to 2018 equity rally

Ø  Wipro, Tech Mahinda among 15 firms shortlisted by Sebi to check IT threats

Ø  MFs remained bullish, invested over Rs 1 lakh cr in stocks in 2017

Ø  Foreign bank ATMs fell 18% in 3 yrs due to closure of operations: Govt

Ø  Traders want CTT abolished in processed agro commodities

Business Line



Mint

Ø  Rising oil prices may put pressure on the Budget

Ø  FPIs withdraw Rs. 5,900 cr from equities in December

Ø  Engineering exporters seek parity in domestic steel, export prices

Ø  SEBI swoops on stock traders to crack WhatsApp leak case

Ø  Clearing backlog of cases, a big challenge for SEBI 

Ø  Finance ministry asks public sector banks to consider selling, swapping loan assets

Ø  Govt moves to crack down on tax evasion under GST regime

Ø  PNB hikes interest rate on term deposits by up to 1.25%

Ø  Central Bank of India to consider raising Rs323 crore from govt

Financial Express



Financial Chronicle

Ø  PSBs receive capital infusion from government

Ø  Make reforms while sun shines on world economy: IMF chief Christine Lagarde

Ø  Construction of houses in rural India under scheme on target in 2017

Ø  Realty sector tested by critical reforms this year; hopes for better 2018

Ø  NLCIL achieves financial closure for UP thermal power project

Ø  Financial, education & employment frauds on the rise: expert

Ø  Amazon raises number of rural partners 8 times

Ø  Corruption still a pain point for foreign investors

Ø  Atlas Copco arm aims at doubling revenue to Rs 2K cr

Ø  Despite distress, PE investment in real estate touches Rs 40,000 crore

Ø  FinMin asks PSBs to consider selling, swapping loan assets