August 08 — Today’s News Headlines

🌻 G😊😊D M😊RNING 🌻

Economic Times

Business Standard

Ø  Airtel may sell 3.7% stake in Bharti Infra for Rs 2500 cr

Ø  Bankers review progress of 12 large NPA accounts

Ø  PSU banks write off Rs 2.49 lakh cr of loans in 5 yrs

Ø  Iron ore worth Rs 1,900 cr illegally extracted: CAG

Ø  Eros in talks with Apple to sell its content library

Ø  ONGC to pump $150 mn in Colombia, Kazakh & B’desh

Ø  Note ban, GST make a dent in smartphone shipments

Ø  Irdai directs LIC to reduce stakes in L&T, ITC to 15% by Dec 2018

Ø  Sebi mulls extending derivatives market timing

Ø  GIC Re files for IPO; might raise Rs 6,000 cr

Ø  Tata Steel swings back to profit in Q1 at Rs 921 cr

Ø  Zero tax certification for foreign remittances under I-T lens

Ø  Govt may impose anti-dumping duty of $452 a tonne on certain Chinese tyres


Ø  Idea-Vodafone deal gets conditional nod from SEBI, bourses

Ø  SUVs, luxury cars to cost more as GST cess hiked to 25%

Ø  Govt annuls fifth round of coal mines auction on tepid response

Ø  SAT puts off hearing on IRDAI-Sahara Life to August 10

Ø  IRDAI working with govt to create a simple platform for KYC

Ø  Vodafone-Idea merger gets conditional nod from Sebi, exchanges

Ø  July sovereign gold bonds to start trading from Tuesday

Ø  Global investors line up for stake in Bhushan Steel

Ø  Bank of India to raise up to Rs626 crore via STCI Finance stake sale

Ø  Reliance Jio’s plea on Airtel ads on internet speeds dismissed

Financial Chronicle

Ø  GAIL seeks reworking of US LNG price deal

Ø  Exporters facing difficulties in GST transition period: EEPC

Ø  Air India disinvestment: Government to float request for proposal for merchant bankers

Ø  Securitisation market volume clips past $1.02 trillion in FY17

Ø  RBI appears more tolerant of currency strength

Ø  Trai plans to brush up Net speed testing methodologies

Ø  DeMo effect: ITR filings for 2016-17 grow 25% to 2.82 cr

Ø  Government asks Basmati exporters to conform to EU pesticide standards

Author: Manjushree Sudheendra

I am Manjushree Sudheendra studying in 10th Standard in St. Teresa's School, Santacruz, Mumbai

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