Tuesday, 29 March 2016

{LONGTERMINVESTORS} News Briefing

 

Economic Times

Ø  Investors see another financial meltdown in 3 years' time
Ø  Tata Steel to sell entire UK operation: BBC
Ø  Loan defaults may not always be promoters' fault: RBI
Ø  Reserve Bank of India tweaks upcoming lending rate rules
Ø  Emerging market debt trading fell to 6-year low in 2015
Ø  RBI, SL central bank sign currency swap agreement
Ø  Sebi to pass fresh order in UBHL restatement of accounts case

Business Standard

Ø  Govt opens FDI gates wider for e-retail
Ø  SC allows SEBI to sell Sahara properties worth Rs 40k cr
Ø  Vodafone moves ICJ over tax arbitration with India
Ø  EPFO to invest more in govt bonds, FinMin hikes limit to 65%
Ø  Sebi tightens noose on commodity exchanges
Ø  Over $1 tn to enter global real estate market; up 6% from 2015
Ø  Jewellers begin registration with excise amid protest

Business Line

Ø  Reliance Defence forms JV with Rafael to take up $10 bn worth projects 
Ø  Tata Sons keen to end row with domestic airlines over 5/20 rule 
Ø  GAIL drills first exploratory well in Cambay basin block
Ø  Resolved various legacy issues, moving to 25% corporate tax rate: Jaitley
Ø  Higher labour productivity, ease of doing business could boost growth: Montek

Mint

Ø  World's best economy betraying investors as India earnings decay
Ø  Nestle turns to chocolate and dairy to reduce load on Maggi noodles
Ø  USFDA issues Form 483 to Lupin's plant, stock dips 12%
Ø  Barclays joins Morgan Stanley in predicting more pain for rupee
Ø  Employees may earn interest on inoperative EPF savings account
Ø  Sebi to revise rules to reinstate discretionary power on penalties

Financial Express                

Ø  India business sentiment falls in March: Survey
Ø  Vijay Mallya offers Rs 2,000 crore to settle all Kingfisher loans
Ø  RBI may go for a 'measured' cut next week: DBS
Ø  Sensex ends 66 points down in volatile trade, Nifty settles below 7,600
Ø  Maharashtra, Gujarat accounted for 46 pct of exports in FY15: Report
Ø  Car, bike insurance premium rates go higher by up to 40%

Financial Chronicle

Ø  FPI limits in govt securities pegged at Rs 10,500 cr from April
Ø  Nifty-based ETFs to debut on Taiwan Stock Exchange
Ø  ECB loans decline by 40% in February
Ø  25% wheat import duty to stay till June 30
Ø  RBI cancels registration of 22 NBFCs
Ø  S&P, Fitch assign stable outlook to Adani Transmission
Ø  Price fixed rate loans up to 3 yrs on marginal cost: RBI
Ø  UBI raises Rs 1k-cr via bonds; LIC to buy OBC stake 

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