Sunday, December 15, 2019

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Ø  14K prosecutions withdrawn under Companies Act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

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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...