Wednesday 28 November 2018

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Credit growth to real economy healthy, says RBI

Ø ArcelorMittal deploys team to oversee Uttam Galva ops

Ø Sebi directs MCX to probe data misuse plaint

Ø RBI reserves transfer won’t affect rating: McCormak

Ø CC approves LIC's majority stake buy in IDBI Bank

Ø Jaypee discuss evaluation criteria for potential bidder

Ø Urjit Patel appears before parliamentary panel



Ø Equal rights sticking point in YES Bank promoters' talks to end conflict

Ø RBI to buy an additional Rs 400 billion worth of G-secs in December

Ø Govt gives approval to sell 100% stake in Air India's ground handling firm

Ø After Ola and Uber, another start-up ready to disrupt India's car market

Ø Jio's low-cost 4G phone beats rivals Airtel, Voda Idea in non-metro circles

Business Line



Mint

Ø Govt allows ethanol extraction for blending from foodgrains, too

Ø Crude overshot to the downside, but correction likely soon

Ø MCX crude option turnover surges to ₹582 cr in November

Ø Sterlite Power unit raises ₹3,000 cr via bond issue

Ø Arvind commissions Rs 350-cr garmenting hub near Ahmedabad

Ø HSBC upgrades Indian equities to ‘neutral’ from ‘underweight’



Ø Amazon is in advance stage talks to buy 9.5% stake in Future Retail

Ø Moody’s downgrades Yes Bank ratings, changes outlook to negative

Ø Govt moves SC for bank guarantee from RCom before Jio deal

Ø Mphasis Rs988 crore share buyback offer to open on 7 Dec

Ø Verloop raises $3 million from IDFC Parampara Fund, others

Ø RBI checking Yes Bank loan exposure to IL&FS, DHFL, NBFCs

Financial Express



Financial Chronicle

Ø COAI asks government to cut SUC, licence fee, USOF contribution

Ø Amitabh Kant pitches for ban on usage of fossil fuel-based gensets

Ø India recorded highest average real wage growth in South Asia during 2008-17, says ILO report



Ø Sebi issues norms for interoperability among clearing corporations

Ø Nordic bank, Srei in deal to finance equipment

Ø House panel sets three days to take stock of IL&FS issues

Ø RINL open to long-term contracts with non-NDMC sources
By: via @AlliesFin Serve T.ME/ALLiESFiN

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