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Friday, February 16, 2018

Morning News Headlines






Morning News Headlines 



The economic Times


● ED steps up heat on Nirav Modi, jewellery worth Rs 5,100 cr seized

● PNB gives CBI list of 150 LoUs issued to Nirav Modi

● India's exports fall in January, so do imports

● Policy to scrap old vehicles almost finalised: Gadkari

● PW can carry out audit work till March 2019: SAT




The Mint




● Govt to come out with new pharma policy: Ananth Kumar

● MF investors to get LTCG info from CAMS from April

● Online consumer spends to hit $100 bn by 2020: Report

● Centre to change base year for GDP, IIP to 2017-18

● SGX seeks Shenzhen-type linkage with GIFT





The Business Standard




● Shut down or consolidate PSU banks: Anil Singhvi 

● Govt drops the idea of an India EV policy

● Fortis case: Supreme Court allows financial institutions to sell pledged shares

● Tata Motors, Ashok Leyland, Eicher ramp up truck manufacturing eyeing infra 

● Axis Bank sells down transactions against LoUs issued by PNB





The Hindu Business Line



● Jewellery stocks fall after PNB fraud, Gitanjali Gems shares tank over 18%

● January trade deficit widens to $16.30 bn; exports rise 9%

● RBI ready to inject additional liquidity into banks by March end

● Aster DM Healthcare Rs 9.8-bn IPO subscribed 1.33 times on final day

● Tata Steel top bidder for Bhushan Power, beats JSW with Rs 170-bn offer







Sources : Economics Times, Mint, The Business Standard & The Hindu Business Lines.




















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