17 January 2018

News roundup:17 Jan

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Business Standard

Ø  Government to deregister 1.20 lakh more companies

Ø  Global IT spend to touch $3.68 tn this year: Gartner

Ø  Bring oil, natural gas under GST: CII to govt

Ø  Citi reports $18.3 billion loss on tax law in Q4

Ø  India earned $27 bn from foreign tourism: Minister

Ø  India to launch auction for 55 exploration blocks



Ø  Sebi to vet Tata Sons bid to go private, evaluate minority interest

Ø  Black money stashed in Singapore banks since 2008 now under govt scanner

Ø  Patanjali to soon roll out textile portfolio 'Patanjali Paridhan': Ramdev

Ø  MCX Q3 net declines 45% to Rs 187 mn on lower volumes

Ø  Newgen Software Rs 4.25-bn IPO receives 20% subscription on day one

Business Line



Mint

Ø  IndianOil in tie-ups with Israeli firms

Ø  Bajaj Finance to acquire 12.6% stake in Mobikwik

Ø  TCS bags $690-million contract from M&G Prudential

Ø  ‘Expect India’s rank to improve in global IP index’

Ø  Biscuit manufacturers call for lower GST rate

Ø  Food subsidy bill may swell by 10% in 2018-19 budget



Ø  GAIL renegotiates LNG deal with Gazprom

Ø  Bayer expects CCI nod by April-May for $66 billion Monsanto deal

Ø  Bitcoin falls 20% as fears of cryptocurrency crackdown linger

Ø  Baba Ramdev’s Patanjali goes online, ties with Amazon, Flipkart and 6 others

Ø  RIL declares 30% higher refinery capacity at Jamnagar plant

Financial Express



Financial Chronicle

Ø  After Qatar and Australia, Russia lowers LNG price for India

Ø  Higher tax provision caps ICICI Lombard net growth at 5%

Ø  Dow Jones Industrial Average hits 26,000 for first time on earnings optimism

Ø  GoM on GST Network to meet on Wednesday

Ø  Resolution road: ONGC-HPCL deal went through a roller-coaster ride











Ø  Four rail corridors to complete 'golden quadrilateral' likely to get nod in budget

Ø  Evolution of 5G ecosystem to take 18-24 more months: Rajan S Mathews

Ø  Bank of India seeks to exit STCI Finance this fiscal

Ø  IOC braces for a green future

Ø  Sebi set to issue final order against 5 brokerages involved in NSEL scam

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