News roundup: 16 Jan

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Business Standard

Ø  India to inspect pharma cos' factories in US

Ø  Govt to split Air India into four parts ahead of sale

Ø  RBI may revise upwards inflation forecast for the year

Ø  Trade deficit touches 3 year high in December

Ø  50K telecom jobs may be axed in next six months

Ø  PM promises more reforms, invites Israeli biz

Ø  Gold imports surge 72% in Dec on high demand 

Ø  Capital expenditure done, Reliance Industries now eyes debt reduction

Ø  Rs 500-bn additional borrowing reflected in our forecast: William Foster

Ø  NPA disclosure rules: Sebi keen on implementing a revised proposal

Ø  Essar Oilfield Services eyes 20% rise in revenues at Rs 3.6 bn in FY19

Ø  Invest at least $1 billion into Aircel or go to NCLT, lenders warn Maxis

Business Line

Mint

Ø  Mercator restarts coal operations in Indonesia

Ø  Kodak may bring crypto coin to India

Ø  JSW Cement sees synergy in Monnet Ispat, Bhushan Steel buyout

Ø  IDBI Bank board okays preferential issue of capital to GoI

Ø  EDII-incubated startups get Yes Bank funding of Rs.1.16 cr

Ø  SBI calls bids to sell Bilpower properties in Baroda

Ø  HDFC crosses Rs3 trillion market cap for first time

Ø  WPI inflation decelerates to 3.58% in December

Ø  Idea Cellular, Vodafone may start operating as one entity from April

Ø  Bank of India postpones Rs3,000 crore QIP-issue plan

Ø  Govt to break up Air India into four parts to speed up privatisation process

Financial Express

DNA

Ø  Lupin forays into OTC segment; eyes Rs 300 cr turnover in 5 years

Ø  PE investments in realty up 17% in 2017,dips 29% in residential

Ø  Coal price hike to impact secondary steel makers, says Icra

Ø  Larsen & Toubro wins Rs 1,310 crore contracts; stock down

Ø  US auto industry jobs down under Donald Trump

 Ø  HDFC, ICICI help Sensex to touch new record high, ends at 251 points higher

Ø  Fuel prices hit new record; Diesel at Rs 61.74/L, petrol Rs 71.18/L

Ø  Railways plans roadmap for three-fold increase in production