24 Nov: News round up

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News Paper Summary

24th Nov 2017 Friday

Economic Times

Business Standard
Ø  IBC ordinance: Several cos say not 'wilful defaulters'
Ø  Airtel eyes spectrum, equipment of RCom
Ø  EPFO okays proposal to credit ETF units to PF a/cs
Ø  Bharti family pledges Rs 7K cr towards philanthropy
Ø  No proposal to withdraw bank cheque books: Govt
Ø  Economic slowdown has bottomed out: Report
Ø  IPPs' 60,000-mw thermal generation in trouble

Ø  RBI allows strong ARCs to hold more than 26% in sick units
Ø  Rupee spurts 34 paise to fresh 3-week high of 64.58 against dollar
Ø  Infra status of logistics to bring in investments, create jobs: CII
Ø  Havmor to sell ice cream business to South Korea's Lotte for Rs 1,020 cr
Ø  Govt exempts oil & gas PSU mergers like HPCL-ONGC deal from CCI approval
Business Line

Mint
Ø  German industrial giant ThyssenKrupp defends Tata steel merger
Ø  Biocon launches oncologic biosimilar KRABEVA in India
Ø  India’s tea production heading to be less than 2016
Ø  Railways saves over Rs. 5,000 cr in power bills in two years
Ø  BSE to auction investment limits for Rs. 8,300-cr corp bonds

Ø  Broadcom said to be considering sweetened Qualcomm bid
Ø  India is said to discuss $6 billion Lotte, Peugeot investments
Ø  Everstone acquires Malaysia-based Chemopharm
Ø  Aamby Valley auction: SC asks Bombay HC receiver to help in bidding process
Financial Express

Financial Chronicle
Ø  Google to prepare 1.3 lakh Indians for emerging technologies
Ø  HDFC Bank to develop 1,000 villages under CSR by FY19
Ø  Naredco asks government to halve GST for work contracts
Ø  AC, TV, Fridge may get costlier from January as input costs rise

Ø  Centre announces Rs 1 lakh cr worth of projects to TN
Ø  Eicher Trucks targets e-comm with new vehicles
Ø  Cotton exports to shrink as boll worm affects crop
Ø  Defaulters, firms with NPAs barred from bidding for assets under IBC
Ø  Govt nod for raising carpet area to boost sale of ready-built flats