Daily news 17th Dec

Business Standard

Ø  Govt plans online clearances to coal mining projects
Ø  Govt working on debt issue of Air India: Secretary
Ø  Jio-BP brand: RIL, BP sign pact to set up petrol pumps
Ø  Liquidty still not accessible for all NBFCs: CEOs
Ø  Four CPs worth Rs 4,075 crore to list on BSE
Ø  Promoters more alert on pledging shares: Sebi chief
Ø  Govt just dashed hopes of AGR-hit telcos



Ø  ArcelorMittal and Nippon Steel complete acquisition of Essar Steel
Ø  Post trade deal, caution abound as emerging markets ready year-ending rally
Ø  ICRA maintains negative outlook for housing on weak demand, slow sales
Ø  Shipping Industry to witness cost rise of $15 bn over IMO regulations
Ø  Reliance Jio tower assets sold to Canada's Brookfield for Rs 25,000 crore



Mint
Ø  Inflation based on wholesale prices rises to 0.58 per cent in November 2019
Ø  Centre releases ₹35,298 cr as GST compensation to States, UTs
Ø  Weak household consumption to curb growth: Moody’s
Ø  China Aircraft Services ties up with Ramco Systems
Ø  Maruti Suzuki sells over 6 lakh automatic transmission passenger vehicles till


Ø  UK High Court dismisses Chinese banks' $680-mn claim against Anil Ambani
Ø  Sebi taking action quite quickly to address issues: Ajay Tyagi
Ø  Japan’s SMBC picks up 5.4% stake in PE-backed Northern Arc Capital
Ø  Essar Steel resolution to boost Q3 numbers with ₹12,000 cr recovery: SBI chief
Ø  Cipla acquires brand, trademark rights for for anti-diabetic drug Vysov in India



Deccan Chronicle
Ø  E-commerce policy to be finalised after passage of data Bill in Parliament: Official
Ø  Andhra Pradesh attracted investment of Rs 1.39 lakh crore against MoUs for 12.32 lakh crore
Ø  FM Nirmala Sitharaman says government focusing on improving data credibility
Ø  Centre simplifies clearance process for coal mining projects
Ø  India is tenth largest life insurance market
Ø  Sensex ends 71 points lower; FMCG, energy stocks slide
Ø  RBI saw slowdown, acted ahead of time by cutting interest rates from Feb: Das

Daily news 16th Dec

*Business Standard*

Ø  Centre inches closer to its divestment target
Ø  FM to hold pre-Budget consultations beginning Monday
Ø  NLC India to invest Rs 17,000 cr in coal blocks in Odisha
Ø  Cases involving Rs 3.75L cr disposed of at IBC Ist stage
Ø  China suspends planned tariffs on US goods
Ø  14K prosecutions withdrawn under Companies Act
Ø  Airlines oppose Rs 8000-crore Tata Group-GIC stake in GMR Airports
Ø  Lenders step up repossession of commercial vehicles on payment defaults
Ø  Centre likely to pare stake in BEML to 26% via strategic disinvestment
Ø  Stressed discoms' dues to power gencos rose 48% to Rs 81,010 cr in Oct

*Business Line*
*Mint*

Ø  CAIT urges government to take action against e-commerce firms flouting FDI policy
Ø  Regulation for vintage vehicles to be formalised soon
Ø  Government examining foreign fund flows in infrastructure at strategic locations
Ø  Hong Kong posts biggest airport passenger number fall in a decade
Ø  China's BAIC raising Daimler stake to unseat Geely as top shareholder
Ø  Rupeek surpasses gold loan disbursals worth ₹1,000 cr
Ø  Banks’ NPAs again stoke asset quality concerns
Ø  More promoters buy back pledged shares fearing loss of control
Ø  BRICS’ NDB pledges $100  million to NIIF’s Fund of Funds

*Financial Express*
*Deccan Chronicle*

Ø  National Insurance seeks Rs 6,400 crore before merger
Ø  To improve ease of doing business, Govt withdraws over 14k prosecutions under Companies Act
Ø  China welcomes preliminary deal in trade war it blames on US
Ø  PNB under-reported bad loans by Rs 2,617 cr in FY19: RBI report
Ø  Adani Transmission gets LoI for project in Maharashtra
Ø  Forex reserves soar to touch all-time high of USD 453 billion

Buy Nifty 11th Dec

Buy Nifty Fut Above 11914

Sl-11896

Call timing – 9.40 am 11^th Dec

Daily news 11th dec

Business Standard

Ø  RBI finds Rs 11,932-cr hole in SBI's NPA book
Ø  RBI had no objection to electoral bonds via SBI: FM
Ø  Panel asks govt to prevent misuse of input tax credit
Ø  China plans to launch its own digital currency
Ø  IDBI Bank to sell up to 49% stakes in 2 subsidiaries
Ø  Cos can recover exploration cost from new finds
Ø  Sebi relaxes group exposure limit for MFs



Ø  WTO extends ban on tariffs for digital trade, India set to benefit
Ø  Domestic steel demand in October-November shrinks 1.8% YoY: ICRA
Ø  BlackRock sees growth edging higher in 2020, limiting recession risks
Ø  Morgan Stanley fined $22 million for French bond market rigging
Ø  Trai issues revised MNP process notice; new norms effective from Dec 16
Business Line


Mint
Ø  India, Japan discuss bilateral trade imbalance, RCEP pact
Ø  Dilip Buildcon lowest bidder for ₹826-cr Delhi Metro project
Ø  Fuel linkage rationalisation helps CIL save ₹3,770 cr annually
Ø  ‘Proposed India-EU FTA has to address labour, government procurement, sustainability issues’
Ø  `Saudi Arabia wants to be part of India's goal of becoming a $5 trillion economy’
Ø  Yes Bank to favourably consider Citax’s $500 million investment offer


Ø  Nippon Express gets CCI nod to buy 22% stake in Future Supply
Ø  FCI raises ₹8,000 crore on BSE BOND platform
Ø  Antitrust body OKs Piramal Enterprises’ issue of CCDs to Canadian pension fund
Ø  India slowdown: Electricity demand falls for 4th straight month, says govt data
Ø  India asks Japan to reduce trade surplus before Shinzo Abe's visit next week
Ø  London Stock Exchange considers proposals for a shorter trading day
Financial Express


Deccan Chronicle
Ø  Reliance to see return on capital employed rise to 11% in 2 years
Ø  Reliance signs pact with ADNOC for development of chemical facility
Ø  Chinese inflation hits eight-year high as pork prices double
Ø  Fitch revises outlook on Cairn India to negative


Ø  WTO tariff freeze on digital trade extended till June ’20
Ø  Rupee rises 12 paise to 1-month high of 70.92 against US dollar
Ø  Banks cut MCLR rates after RBI nudges on transmission
Ø  Sensex tumbles nearly 250 points; Nifty ends below 11,900
Ø  Start bidding goodbye to Windows 10 Office mobile apps

Daily news 10th Dec

Business Standard

Ø  YES Bank may say no Canadian billionaire's $1.2 billion offer

Ø  Economy may soon get another booster dose

Ø  CGST falls short of budget estimate by 40% in Apr-Nov

Ø  Bank of Baroda to sell up to 1.04 crore UTI AMC shares in IPO

Ø  Goldman raises oil forecast on Opec output cuts

Ø  Ships Recycling Bill sails through in Rajyaoutpu

Ø  Additional 2% export benefits to end Dec 31

Ø  Aluminium firms seek cut in input duties as production costs, imports swell

Ø  Tea Board considering new export cess to fund promotion and marketing

Ø  Mutual Funds' asset base hits Rs 27 trn, bank, PSU funds top allocation

Ø  NSE asks investors to be careful in executing PoA with stock brokers

Ø  Tata Steel asks LGBTQ+ employees to declare partners, avail HR benefits

Mint

Ø  Investors lay siege to SEBI office, demand Karvy-like action against BMA Wealth

Ø  No threat of job losses in auto sector: Minister tells RS

Ø  PSU officers associations oppose BPCL disinvestment

Ø  Sterling and Wilson Solar begins construction of 200 MW Solar Project in Australia

Ø  Equity inflows into mutual funds dip to 41-month low

Ø  HDFC to acquire remaining stake in education loan subsidiary for ₹395 crore

Ø  Currency in circulation rises to ₹21 lakh cr as on March 2019: Govt

Ø  India to witness 7% rise in job creation in Oct-Mar: Report

Ø  Stride Ventures marks first close of ₹500 crore venture debt fund

Deccan Chronicle

Ø  Farm wages growth fell to a four-quarter low in Chrofun

Ø  Japan upgrades 3Q GDP as consumer, business strength absorbs hit from trade

Ø  WTO faces deepest existential crisis ahead of its silver jubilee

Ø  GST Council may use cess route to boost revenue

Ø  Glitches at BSE, NSE cause trouble for investors in OFS

Ø  Coffee Day’s tech park sale stalls over Yes Bank nod

Ø  Banks begin fact check on pledged securities

Ø  Sensex rises 42 points; bank, auto stocks shine

Daily news 9th Dec

Business Standard

Ø  India's real GDP growth in FY20 to come below 5%

Ø  China exports fall in November, imports recover

Ø  Maruti raises production by 4% in November

Ø  Foreign borrowings jump to $3.41 billion in Oct

Ø  CG Power seeks nod to borrow up to Rs 5,000 cr

Ø  FPIs turn net sellers in Indian capital markets in Dec


Ø  Bharti seeks Rs 4,900-cr FDI nod; infusion to make Airtel foreign firm

Ø  373 infrastructure projects hit by cost overruns of Rs 3.89 trn: Report

Ø  Paper to capture 25% of the Rs 80,000 cr single-use plastics market by 2025

Ø  NTT targets $1 billion revenue from India operations in next two years

Ø  SC orders interim stay on NCLAT order on Orchid Pharma resolution process


Mint

Ø  India Inc’s overseas borrowings jump over two-fold to $3.41 bn in October

Ø  Government looking at deploying larger funds for startups: Piyush Goyal

Ø  NTPC signs pact for ₹5,000-crore term loan with SBI

Ø  New household consumer expenditure survey to begin in July

Ø  Reliance’s biotech arm eyes tie-ups to enter diagnostics business

Ø  Canadian pension funds eye private debt space in India

Ø  Amid tariff war, China's exports to US fall 23% to $35.6 bn

Ø  Welspun Group promoters buy majority stake in One Industrial

Ø  Govt plan to allow EPF-NPS portability may be junked

Deccan Chronicle

Ø  India Inc’s foreign borrowings grew over two-fold in October

Ø  India’s Paper industry likely to acquire 25% market share of single use plastics market by 2025

Ø  Average customer unlikely to pay for outgoing calls, says Reliance Jio

Ø  Financial sector fragilities taming growth

buy Nifty Fut 6th Dec

Buy Nifty Fut only 12028.5
Sl-12004
Target-12064

call timing: 6th Dec 12.45 pm