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Wednesday, March 29, 2017

LATEST NEWS

Economic Times
Business Standard
Ø Modi govt targets 25 bn digital transactions in FY18
Ø NITI Aayog may seek closure of 7 more sick CPSEs
Ø US consumer confidence hits 16-year high
Ø Banks looking for lower savings a/c interest rates
Ø 'Excess Rs 3L cr in economy, need for digital push'
Ø Kotak Bank likely to buyout M&M Financial Services
Ø Prime gets lukewarm response; Jio may extend offer
Ø GST to be levied on renting, EMI on under-construction property from July 1
Ø India imposes import duty on wheat, tur dal
Ø Sebi gets back discretionary powers on penalties
Ø Indian Oil to supply fuel to Nepal for the next five years
Ø Cairn-Vedanta merger gets all approvals except from RBI
Ø SBI spent Rs 775 crore in maintaining Jan Dhan accounts, says govt
Business Line
Mint
Ø Govt to borrow Rs. 3.72 lakh crore in H1 FY18
Ø SEBI order based on untenable reasoning, says Reliance Ind
Ø Airtel sells 10.3% stake in Bharti Infratel to KKR, Canada pension board for Rs. 6,194 cr
Ø Levy for non-maintenance of minimum balance should be reasonable: Govt
Ø Suven Life gets product patent for neuro-degenerative molecule
Ø Revised GST legislation may pinch working capital of industries
Ø Irdai wants insurance policies issued in demat format
Ø NHB to revamp its residential housing index
Ø Tencent buys 5% stake in Elon Musk-led Tesla for $1.8 billion
Ø Sharepro scam: Sebi plans new rules for share transfer agents, registrars
Financial Express
Financial Chronicle
Ø Monsanto termination of sub-licence with Indian co illegal: HC
Ø I-T identifies 1,155 shell cos used to launder Rs 13,300 cr
Ø High court bans mining in Uttarakhand for four months
Ø India now top global source of affordable medicines to Unicef
Ø Sensex bounces 172 pts on positive global cues, funds inflow
Ø Anil Ambani gets a seat on Atlantic Council advisory board
Ø Toyota wants govt to frame policy to phase out BSI,II vehicles
Ø Qatar Airways confident of clearing FDI hurdles in India
Ø Lux Industries is merchandise partner of KKR

By Navneet Singhal



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