Tuesday, November 26, 2019

Daily news 27th Nov



Business Standard

Ø  CCI finds Tata, SKF & Schaeffler guilty of collusion
Ø  Steel sector may face short-term disruption: Report
Ø  State-run firms to clear over $1 bn owed to green cos
Ø  Reliance Capital defaults on debt repayment
Ø  Moody's warns BPCL of potential downgrade on govt sale
Ø  London Stock Exchange shareholders bless $27 billion Refinitiv deal

Ø  Risk of undercapitalisation for state-owned institutions: Nobel winner
Ø  RBI revises framework on currency swap arrangement for SAARC countries
Ø  RBI mulls one-time rollover loan recast of select real estate firms
Ø  Sebi ban on Karvy over client fund misuse unnerves India's retail investors
Ø  US FDA pulls up Ipca Labs for manufacturing violations at Gujarat plant

Mint
Ø  States need to raise infrastructure spending to Rs 110 lakh cr over next decade: Crisil
Ø  India Ratings lowers India's Q2 GDP growth to 4.7%; FY20 forecast at 5.6%
Ø  Singapore’s PSA buys 50 per cent stake in Indian logistics hub for $93 million from CMA CGM
Ø  Coffee Day Global sale may be delayed as valuation dips by half
Ø  Birla MF side-pockets ₹793-crore investment in Essel Group firm

Ø  IKEA sees Mumbai among top 30 global markets, makes biggest investment so far
Ø  Capital Small Finance Bank raises ₹84 crore from OIJIF
Ø  Ant Financial to raise $1 bn investment fund for India, Southeast Asia startups
Ø  Govt collects ₹729 cr from sale of 10% stake in RITES
Ø  RBI revises framework on currency swap arrangement for SAARC countries


Deccan Chronicle
Ø  RBI red flags rising Mudra bad loans
Ø  GST authorities unearth racket involving Rs 140 crore tax fraud
Ø  Reliance Nippon Life adequately capitalised, no need for fresh
Ø  Bata to use multi-channel retail strategy to reach more customers
Ø  Tejas Networks signs pact with Bharat Electronics
Ø  Rupee rises 24 paise to 71.50 against US dollar
Ø  Discoms may get loans to clear dues to RE firms
Ø  Reliance Naval surges 700 per cent in record streak
Ø  Sical to sell or hive off businesses to pare debt
Ø  Citigroup cuts gold’s three-month target

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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...