Wednesday, November 20, 2019

Daily news 21st Nov


Business Standard

Ø  Sebi tightens disclosure norms on loan defaults
Ø  MFs will join DHFL resolution process: Sebi chief
Ø  Bank credit grows by 8.07%, deposits 9.92%: RBI data
Ø  Housing projects worth $66 bn face IBC proceedings
Ø  Govt mulls forex loan at cheaper rate to exporters: Goyal
Ø  BSNL-MTNL merger may be completed in 2 yrs: Govt



Ø  Govt clears Code on Industrial Relations Bill; retrenchment norms not eased
Ø  Cabinet approves strategic sale of govt stake in BPCL, 4 other CPSEs
Ø  Subhash Chandra to sell 16.5% stake in Zee, become minority shareholder
Ø  Tariff hike may cause slower net user addition for telcos: BofA-ML report
Ø  Piramal gets waiver on debt contract after offering to pay Rs 15 bn early



Mint
Ø  Telecom, aviation, auto sectors report highest losses in Q2
Ø  Better rainfall led to lower power demand in October: Power Ministry
Ø  CIL to develop 55 new coal mines in next 5 yrs: Minister
Ø  Company continuously working on a resolution plan: Suzlon
Ø  ECU Worldwide buys controlling stakes in Hong Kong and Singapore logistics firms
Ø  Singapore’s Cube wins highways bid


Ø  Cabinet approves two-year moratorium on spectrum payments for telcos
Ø  Tata Motor's JLR to face challenging times even in next fiscal: Moody's
Ø  Asia needs $800 billion over the next decade to feed itself
Ø  Homebuyers have filed over 1,800 cases under insolvency law: Govt
Ø  NCLAT extends deadline for implementation of Patanjali's bid for Ruchi Soya



Deccan Chronicle
Ø  Central American nation Costa Rica seeks Preferential Trade Agreement with India
Ø  China cuts new benchmark rate to boost economy
Ø  NCLAT rejects DBS Bank’s plea challenging distribution of funds from Ruchi Soya resolution plan
Ø  India appeals against WTO panel ruling on export incentive schemes


Ø  Reserve Bank of India supersedes DHFL board
Ø  Rupee settles 10 paise lower at 71.81 against US dollar
Ø  Moody's assigns Baa1 rating to ONGC's proposed senior unsecured notes
Ø  Telcos have to pay Rs 1.47 lakh cr dues; no proposal to waive off penalty: Prasad
Ø  Govt plans incentives for 324 foreign manufacturers

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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...