Daily news 11th Nov

Business Standard

Ø  Indian economy currently facing challenges, says FM

Ø  IOCL to set up Rs 766-cr 2G ethanol plant in Panipat

Ø  DoT directs to deal Airtel, Tata Tele as separate cos

Ø  RIL cuts price for KG-D6 gas after customer protests

Ø  355 infra projects show cost overruns of Rs 3.88L cr

Ø  Oil India Q2 net profit slips 27% to Rs 627 crore

Ø  Red alert is flashing on bond traders' radar screen



Ø  100% FDI in coal mining will help India to reach 300 MT target: Deloitte

Ø  Shipping ministry not opposed to strategic divestment of SCI: Official

Ø  Saudi Aramco's record IPO starts November 17; offer size pending

Ø  Shree Renuka Sugars posts net profit of Rs 2,739.6 crore for Sept quarter

Ø  Maruti Suzuki production slashed 21% in Oct; cut for ninth month in a row


Mint

Ø  OECD invites public inputs on Global Anti-Base Erosion proposal

Ø  Moody’s changes India’s outlook to ‘negative’

Ø  India, 16 others complain to WTO about EU’s residue limits for pesticides

Ø  New Zealand sees big potential to cooperate with India in dairy sector

Ø  IOCL gets Environment Ministry’s clearance to set up 2G ethanol plant in Panipat



Ø  Norwegian  financier NMI aims to raise the stakes in India

Ø  Shareholders ask Fortis to act on IHH open offer

Ø  Indian tech startups eyeing IPOs in US may face greater investor scrutiny

Ø  No claimants for dormant Swiss bank accounts of Indians; may soon get liquidated

Ø  Centre's sell-off yield at ₹12,995 crore, target ₹1.05 trillion


Deccan Chronicle

Ø  Govt may extend anti-dumping duty on imports of clear float glass

Ø  SEPC urges govt to add services under export incentive scheme to promote sector overseas

Ø  FPIs invest over Rs 12,000 cr in first week of November

Ø  Weak consumer spend hits India Inc sales in July-September



Ø  Services exhibition to be held from Nov 26-28 in Bengaluru to attract investment

Ø  Bank fraud: ED attaches over Rs 56-cr assets of Ahmedabad company

Ø  Lakshmi Vilas Bank Q2 net loss widens to Rs 357cr as bad loan soars

Ø  Goyal to meet USTR to discuss trade issues on Wednesday