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.
More Will Update Soon!!!!!
