Company buzz

 Company buzz


Business Standard
Ø  Now, single foreign entity may get to hold 15% in Indian bourses
Ø  Global economy, pvt investment main challenges: FM
Ø  Govt approves Amended TUF Scheme, to create jobs
Ø  Centre clears Rs 12,000 cr Coastal road project in Mumbai
Ø  Windfall awaits oil cos as under-recoveries to dip
Ø  Govt fears Rs 50K cr shortfall in divestment proceeds
Ø  Demand for big oil ships up on OPEC output limit ban

Ø  RCom, Aircel to pare debt to Rs 20,000 cr ahead of merger
Ø  Government calls off fourth round of coal block auctions
Ø  Civil aviation policy to come for cabinet nod in January
Ø  IT dept publishes names of 18 defaulters owing over Rs 1,100 crore
Ø  Sebi to seek report from commexes and traders on IT raids
Ø  Italian tax authorities fine Apple $347 mn for fraud
Ø  Prakash Steelage to sell 12.47% more stake in JV to Tubacex of Spain
Business Line

Mint
Ø  Balco unions petition PMO to bail out struggling aluminium industry
Ø  Tata International plans to widen agri-business in Africa
Ø  IDFC Bank to turn ₹350-cr Lanco Infra loans to CCDs
Ø  Essar Oil creates history with largest delisting, offers Rs262.80/ share
Ø  Dr Reddy’s relaunches Nexium generic in the US market
Ø  Experts hopeful of better times for investors in 2016

Ø  India mobile phone subscribers cross 1 billion, shows Trai data
Ø  Global growth will be disappointing in 2016: IMF’s Lagarde
Ø  Companies raised Rs68,608 crore through capital markets during 2015
Ø  JMT Auto promoters pledge shares to IL&FS Trust
Ø  Trai extends deadline for comments on net neutrality issue
Ø  Govt to spend Rs5,000 crore for solar rooftop systems
Financial Express

Financial Chronicle
Ø  India needs to increase GDP growth rate by at least 1-1.5%: Arun Jaitley
Ø  Indian IPOs set to raise over $5 bn in 2016, a six-year high
Ø  GAIL in talks with Golar LNG for shipping US gas
Ø  Sensex snaps 2-day winning streak, ends 119 points down
Ø  Gold prices poised to end lower for a 3rd time in a row

Ø  Shrinking Cong strength in RS will make GST happen: Jaitley
Ø  Sebi to finalise crowd-funding norms in a few months
Ø  Cabinet nod to railways, states joint ventures
Ø  BSE's MF platform to accept orders 24x7 from January
Ø  Tax appeal before commissioners must be e-filed: CBDT
Ø  Norway-based SINTEF to help in recycling construction waste.