News roundup: 22 Jan

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Business Standard

Ø  Equity investment limit for EPFO may be raised to 25%

Ø  'ONGC, HPCL must respect each other’s autonomy'

Ø  India to become fastest growing large economy in 2018

Ø  Trying to bring petrol, diesel under GST: Pradhan

Ø  ONGC hikes debt-raising by 40% to fund HPCL buy

Ø  Jaitley likely to address Sebi, RBI boards on Feb 10

Ø  FPIs pour in Rs 8,700 crore in January so far



Ø  Sebi to open consent doors for serious violations, cut burden of cases

Ø  Over 20% of TCS' hiring in last 12 months was outside India

Ø  Aluminium makers want duty hike on scrap, abolition of coal cess

Ø  UP likely to give Rs 20 billion dole to sick govt sugar mills

Ø  AP govt selects Adani Ports to develop Bhavanapadu Port

Ø  Saudi Arabia calls for extending non-OPEC cooperation as oil prices rise

Business Line



Mint

Ø  Govt eases rules for issuing CDC for seafarers

Ø  HPCL board will be similar to MRPL, OVL: ONGC chief

Ø  Grasim gets eco clearance for Rs. 2,560 cr expansion project

Ø  MF folios touch all-time high of 6.65 crore on strong retail participation

Ø  Jyothy Labs to ride on ayurveda wave

Ø  Comm Ministry wants no price curbs on most farm exports



Ø  IMF, World Bank laud RBI for ‘strengthening’ supervision

Ø  NMDC keen to augment mineral production in Odisha

Ø  Govt set to hit divestment goal for first time post ONGC-HPCL deal

Ø  DCM Shriram’s Q3 profit up 56% at Rs213 crore

Ø  Maruti plans to launch four products in next 12-18 months

Financial Express



Financial Chronicle

Ø  Nearly 4% of GDP is lost due to malnutrition, says Assocham, EY joint report

Ø  49% Indian companies not likely to secure sensitive data in cloud: Survey

Ø  Commerce ministry for removal of sunset clause for SEZs

Ø  GST anti-evasion: Cess likely on pan masala at manufacturing stage

Ø  Call drops issue telco-specific, can not be generalised: COAI



Ø  ONGC to borrow Rs 35,000 cr

Ø  Govt may tweak tax slabs, bring standard deduction

Ø  JLR ready to launch e-car in India this year

Ø  Market experts slam Sebi plans to raise F&O lot size

Ø  Two-year moratorium on tax on haircut, interest forgone likely

Ø  Acharya bats for online platform to sell bad loans