Thursday, February 9, 2017

News.

Economic Times
Business Standard

Ø  India hands over Mallya extradition request to Britain
Ø  FRBM panel recommends establishing a fiscal council
Ø  Murthy speaks out, says corporate governance fallen at Infosys
Ø  Sebi ready for change in start-up listing norms
Ø  Tata Steel agrees to sell speciality steel business
Ø  Sundaram-Clayton unveils plan; announces US factory
Ø  NSE pulls plug on power exchange ahead of IPO
Ø  Govt may allow state pension fund EPFO to buy more stocks
Ø  Flipkart, Amazon, Snapdeal flag concerns over tax laws in GST
Ø  SAIL Q3 net loss narrows to Rs 795 cr
Ø  Infosys takes founders' concerns on board
Ø  Cairn India Q3 net profit soars multi-fold to Rs 604 cr
Ø  SBI associate banks narrow losses to Rs 787 cr in Q3

Business Line
Mint

Ø  RBI to be on hold unless inflation, growth undershoot targets
Ø  Note ban will benefit economic growth through more formalisation: Jaitley
Ø  World trade growth likely at 1.7% in 2016: Azevedo
Ø  No decision yet on imposing tax on cash transactions: Das
Ø  Welspun India, Cotton Egypt Asso forge marketing tie-up
Ø  Kumar Mangalam Birla may head telco created by Vodafone-Idea merger
Ø  Vishal Sikka tells Infosys workers not to be distracted by ‘gossip’
Ø  Indian Hotels to exit Vivanta and Gateway brands, bring hotels under Taj fold
Ø  Italy’s UniCredit bank posts massive $14.5 billion loss
Ø  AirAsia India hasn’t violated foreign control rules: DGCA

Financial Express
Financial Chronicle

Ø  IMF sees no evidence that world economies are headed for currency wars
Ø  PropTiger sacks 200 to integrate ops, post Housing.com merger
Ø  Boost to Reliance Jio free offer; TRAI may free up call tariffs from interconnect charge
Ø  No restriction on migration to Gulf countries, clears Govt
Ø  Bill soon on bankruptcy issues in financial sector
Ø  300 mining leases to be put on auction in FY'18: Govt
Ø  Land, real estate should be brought under GST: Sisodia
Ø  PSU general insurers raise group health premium rates by 40-50%
Ø  Damani’s D-Mart to hit market with Rs 1,870 cr IPO

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