23 November 2017

23 Nov: News Roundup

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Business Standard

Ø  High Court refuses to stay probe in RIL gas price issue

Ø  Power Grid sees $25 bn bounty from Modi's power plan

Ø  Maruti may shift entire Swift production to Gujarat

Ø  ArcelorMittal team visits Essar Steel, Bhushan Steel plants

Ø  Tata Tele users to be moved to Airtel under ICR pact

Ø  Centre to bring in ordinance for changes in banking insolvency law

Ø  India adds 2,247 MW solar cap in Jul-Sep 2017: Report



Ø  April-Oct trade deficit soars 60% to $88 billion: DBS report

Ø  Trai seeks hike in spectrum cap from 25% to 35%

Ø  Theresa May govt sets aside extra 3 billion pounds for Brexit

Ø  Electric vehicle fleet can create $300 bn domestic battery mkt: Niti report

Ø  UBI gets SEBI approval for Rs 1,000-cr equity issue via QIP

Ø  Indian companies to see better credit profiles in 2018, says Moody's

Business Line



Mint

Ø  Cabinet approves ordinance for making changes in insolvency code

Ø  Cabinet clears wage policy for CPSEs, offers no budgetary support

Ø  Power generators can pass on cost of retrofitting plants

Ø  Govt sets up panel to review income tax laws

Ø  Antidumping agency starts sunset review of duty on caustic soda



Ø  Cabinet nod for setting up of 15th Finance Commission

Ø  Govt mulling convening Winter Session of Parliament from 15 December

Ø  BIS to frame hallmark standards for 24 carat gold jewellery

Ø  SC bars Jaiprakash Associates directors, promoters from transferring personal assets

Ø  Paytm acquires stake in online loans firm CreditMate

Financial Express



Financial Chronicle

Ø  COAI seeks more time for new SIM re-verification modes

Ø  PE deals touch $8.7 bn, M&A activity hits $2.1 bn in September quarter, says report

Ø  Japan’s JFE, India’s JSW to bid together for Bhushan Steel as it faces insolvency

Ø  Spanish firm Eptisa Servicios de Ingenieria SL selected for Patna smart city project

Ø  Adani close to secure Chinese loans for its Australia project, says report



Ø  Britain hikes Brexit pot, slashes growth forecasts

Ø  Coalscam: Docs supplied to Jindal and others, CBI tells court

Ø  FMCG firms slash prices after govt fiat

Ø  Global studios, broadcasters come shopping to India

Ø  Eicher Trucks targets e-comm with new vehicles

Ø  Papers given to Jindal and others, CBI tells court in coal scam

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