{LONGTERMINVESTORS} News Briefing

 

Economic Times

Ø  Structural reforms to keep India an outperformer: Deutsche Bank CEO 
Ø  Economic growth improving in India: FM Arun Jaitley
Ø  FM Jaitley rolls back proposal to tax EPF 
Ø  FDI proposals of Rs 48,902 cr cleared till Jan in FY16
Ø  Oil prices may drop to $25/barrel: Moody's
Ø  Govt to sell 5% in Concor today, to get Rs 1,165 cr
Ø  PSB NPAs up by Rs 1L cr in 9 months of FY16: FM Jaitley

Business Standard

Ø  SBI and BoB not excited on move to consolidate state banks
Ø  Steel imports have come down by 1/4th against FY15: Steel Ministry
Ø  CBI probing alleged Rs 1K cr fraud at state-run Syndicate Bank
Ø  Sebi to make capital markets off limits for wilful defaulters
Ø  NSE asks brokers to segregate client demat accounts by Apr 30
Ø  Sri Lanka under Rs 9.5 trillion debt burden: PM Ranil
Ø  Govt to be held liable for delays in PPP projects

Business Line

Ø  Global headwinds no sign of a recession, says Moody's
Ø  Suzuki Motorcycle begins assembling Hayabusa at Gurgaon plant
Ø   ISGEC Heavy Engg plans new branch in Jordan 
Ø  NTPC's Kudgi plant to start commercial production in Sept
Ø  Anti-dumping duty on polypropylene imports from Singapore 
Ø  Century Plyboards to pay Re 1/share interim dividend

Mint

Ø  ICICI Bank to allow women employees to work from home for up to a year
Ø  Berkshire reports record full-year profit of $24.08 billion
Ø  Suzuki plans $1.8 billion bond sale to fund India expansion
Ø  IDBI Bank's QIP plan to be revived
Ø  Ajay Piramal targets distressed Indian assets
Ø  Ikea to invest Rs2,000 crore in Haryana

Financial Express                

Ø  Sensex, Nifty end flat in a volatile trade; Cairn India gains over 6%
Ø  Rate cut not only panacea for economic ills: Subramanian
Ø  Gold prices soar to 22-month high on heavy buying; global buoyancy
Ø  Seed funding for startups to be in thick of action in 2016: Survey

Financial Chronicle

Ø  Hybrid MFs on track to clock Rs 20k cr inflows this year
Ø  Ramco Systems bags IFMS order from RSA Logistics
Ø  Ashok Leyland to get GDRs delisted from LSE
Ø  RCom gets nod for Sistema buy 

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