Sunday, February 5, 2017

News Headline.. 6-2-17

Economic Times

Ø  Vodafone deal may require Birlas to pump Rs 25,150 crore into Idea
Ø  Fitch, S&P several notches behind India's reality: S Das
Ø  FPIs get back to buying mode, pump in Rs 2,300 cr
Ø Micromax sets up $75 mn fund to invest in companies
Ø  'Biz environment becoming challenge for steel sector'
Ø  Tax dept scans 1-cr accounts under 'Op Clean Money'
Ø  Coal shortage woes cost NTPC Rs 11,000 cr

Business Standard

Ø  Blackstone to buy $250-mn stake in Raheja rental arm
Ø  Tata slips from top 100 global brands list
Ø  Penalty of equal amount for receiving cash over Rs 3 lakh: Hasmukh Adhia
Ø  JSW looking to invest in LNG terminal
Ø  Piramal in JV talks with CDPQ arm for PE fund
Ø  Visa holders rush to board flights to US amid reprieve
Ø  Top 7 cos bunch up Rs 51,613 cr in m-cap, ITC runs up most

Business Line

Ø  Budget bonanza may not save the day for rural job scheme
Ø  Bogus long-term capital gains by shell cos at Rs 80K cr: CBDT
Ø  Divi's Lab posts Q3 net at Rs 268.32 cr
Ø  Sun Pharma recalls 2.7 lakh bottles of antidepressant in US
Ø  Tyre industry unhappywith Budget proposals


Ø  Cochin Shipyard talks to buy ABG, Shapoorji backs out
Ø  PSU disinvestments to touch Rs45,000 crore in FY17:  Jaitley
Ø  Central Bank of India Q3 loss narrows to Rs605.70 crore
Ø  PNB to help India Post Payments Bank set up pilot branches
Ø  Amazon likely to ramp up investments in India, despite drag on profits

Financial Express

Ø  FIPB phase out mechanism to be ready in couple of months: Shaktikanta Das
Ø  Fibre imports from 4 nations including China and Malaysia in anti-dumping duty crosshairs

Financial Chronicle

Ø  Noida ponzi scam: ED registers PMLA case, conducts raids in UP
Ø  RBI likely to maintain status quo on Feb 8
Ø  MFs file papers with Sebi for 12 new offerings so far in 2017
Ø  Hemmed in by NPAs, poor demand, Exim Bank stares at muted year
Ø  Compact UVs drive PV sales as demand drops for cars: Ind-Ra

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