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Thursday, August 31, 2017

Morning News Headlines




Economic Times




Ø  Aim of demonetisation was not to confiscate money: FM

Ø  Almost all denotified notes back in the system: RBI 

Ø  Government notifies e-way bill, exempts some items

Ø  Aadhaar data kept only on own secure servers: UIDAI

Ø  NDB approves $1.4 bn loan for India, China, Russia

Ø  US economy grew 3 per cent in Q2: Commerce Dept 



Business Standard 



Ø  Investor plaint on brokers: Sebi disposes of case agst NSE

Ø  Bird Group interested in acquiring AI's ground handling biz

Ø  Wipro gets shareholders approval for Rs 11,000-cr buyback proposal

Ø  BSE's 'compulsorily delisting' plan runs into legal hurdle

Ø  Govt extends OBC creamy layer to PSUs, financial instts

Ø  Govt rules out cutting taxes on petrol, diesel




Business Line




Ø  Govt to tighten import norms for steel products

Ø  G-Sec yields have remained sticky despite RBI’s rate cut

Ø  Flipkart increases paid up capital to be a GST Suvidha Provider

Ø  India may see low plant load factor until 2018-19, says study

Ø  Agri Ministry wants tax exemption for FPOs 

Ø  NTPC OFS gets tepid response from institutional investors 


Mint



Ø  Govt to appoint transaction advisers for Air India disinvestment

Ø  RIL to raise Rs2,500 crore via debentures

Ø  Aditya Birla Capital to be listed on 1 September

Ø  Aurobindo Pharma in talks to buy Shreya Life Sciences’s Russia business

Ø  Persistency ratios show life insurers struggle to keep policyholders on board



Financial Express



Ø  Economic activity to expand 7.3 pct this fiscal: RBI

Ø  RBI annual report: Nearly 8 lakh pieces of fake notes detected in FY17

Ø  DIPP approves 2 FDI proposals in single brand retail sector

Ø  Moody’s cuts foreign currency deposit ratings of IDBI Bank

Ø  Schaeffler to merge three Indian entities into a single firm



                                 Financial Chronicle



Ø  Battle for India’s $45b gold industry has begun

Ø  L&T sees $28b golden goose in defence contracts

Ø  Deadline for Aadhaar will be extended till Dec 31: Govt to SC

Ø  Cabinet nod for ordinance to hike cess on luxury vehicles

Ø  RBI readies 2nd list of bankruptcy candidates, mostly infra companies









Source: Economic Times, Business Standard, Business Line, Mint, Financial Express & Financial Chronicle