19 April: News roundup

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conomic Times



Business Standard

Ø  Saudi Arabia seeks crude oil as high as $100/barrel

Ø  Mounting global debt a risk to world economy: IMF

Ø  RBI directs Mumbai bank to restrict withdrawals

Ø  Cash crunch pushes India to defend its scam-hit banks

Ø  Post-Brexit UK just as important to India, says Modi

Ø  'Room for improvement on visas in post-Brexit deal'

Ø  Mindtree Q4 profit jumps 29% QoQ; beats estimates



Ø  SBI India's most trusted bank, ICICI tops in private sector: Report

Ø  Maruti Suzuki attains leadership in UV segment with 27.53% market share

Ø  NCLAT recalls order that allowed sale of RCom's tower and fiber assets

Ø  EPFO members to get option to hike investments in ETFs by this fiscal

Ø  Rel Jio tops 4G availability, Airtel scores best speed: Report

Business Line



Mint

Ø  CBI arrests Diamond Power promoters in Rs 2,654 cr bank fraud

Ø  UIDAI brings updated QR code for offline Aadhaar verification

Ø  RBI cautions banks on risks in retail loans

Ø  GMR Hyderabad airport cargo gets WHO certification

Ø  China’s Fosun is the 4th contender for Fortis hospitals biz with $350-mn proposal

Ø  Oil India commissions 52.5-MW wind energy project



Ø  Sebi bans Mark Builders, directors from market

Ø  ICICI Bank Videocon loan case: CBI quizzes NuPower Renewables CFO

Ø  Ashok Leyland plans to redesign LCVs to target e-commerce industry

Ø  Glaxo, Novartis join Bill Gates led push to fight drug-resistant malaria

Ø  Statoil eyes partnership with ONGC to re-enter India’s hydrocarbon space

Ø  NSEL case: 63 Moons’ stand sought on govt objection to de-freezing accounts

Financial Express



Financial Chronicle

Ø  Trade war could harm global economy: IMF

Ø   India must fully implement GST to avoid tax revenue underperformance: IMF

Ø  Uber says peak traffic hours in four Indian cities costing $22 billion a year

Ø  New NPA resolution norms outcome oriented, flexible: RBI



Ø  SBI pegs cash shortfall at Rs 70,000 crore

Ø  Govt seeks power to attach assets in $2b PNB scam

Ø  Tata Sponge net sees 2-fold rise

Ø  Ashok Leyland expects Rs 5,000cr from defence orders

Ø  Amtek sells SMI JV stake to Nippon & Sumitomo