Corporate News

Corporate News

Business Standard
Ø  Govt to bring bill for mandatory national minimum wage
Ø  Govt fails to attract FDI in Defence, only Rs 56L since last Sept
Ø  Softer oil prices boost expectations of better earnings
Ø  China's Wanda Group likely to invest US$ 1 billion in Haryana
Ø  RBI may revise gold bonds’ pricing mechanism
Ø  GAIL extends bidding deadline for $7-bn LNG ships
Ø  Rajan went with external committee in policy review

Ø  RCom, Aircel in talks to merge wireless biz
Ø  Tata Steel may sell UK unit to Greybull Capital
Ø  India's Q2 current account deficit narrows to $8.2 bn
Ø  Maha Govt mulls 5% increase in ready recknor rates from January 1
Ø  CAG flays govt for unrealistic expenditure estimates
Ø  UltraTech mine plan in Chhattisgarh lands in troubled water
Ø  ONGC can convert Rs 5,000-cr loan given to OVL into equity
Business Line

Mint
Ø  Call drops: No coercive steps against telcos till Jan 6, says TRAI
Ø  Glenmark Pharma gets US regulator nod for bacterial infection drugs
Ø  NSEL-FTIL merger: Corporate Affairs seeks more time to pass final order
Ø  JP Morgan tweaks emerging markets portfolio for 2016
Ø  Cabinet clears Rs 5,000 cr investment in ONGC Videsh
Ø  Falling exports no cause for panic: Commerce Ministry

Ø  High court breather for miners over social impact funds
Ø  Orchid Pharma signs pact for $800 million loan from UK firm
Ø  Ujjivan slows MFI business as it readies for switch to banking
Ø  Australia clears Adani Abbot Point coal terminal expansion
Ø  L&T Realty looks for partners in Bengaluru, Navi Mumbai projects
Ø  Reliance Jio to launch services on 27 December
Financial Express

Financial Chronicle
Ø  Sensex ends 145 points lower, Nifty settles below 7,800
Ø  Bankruptcy bill in Lok Sabha: FM Arun Jaitley says country can't wait for reforms
Ø  FinMin cuts divestment target by 57% for FY16
Ø  Essar Oil delisting faces 'technical' issues; referred to Sebi
Ø  RBI governor goes with panel on rate status quo

Ø  India may see sustainable recovery: Morgan Stanley
Ø  Gold imports to touch 1,000 tonne this year, up 11%
Ø  Zynergy to invest Rs 400 cr in TN solar products plant
Ø  Irdai directs insurers to comply with FATCA rules
Ø  RBI external panel suggested status quo in Dec policy
Ø  Aurobindo Pharma gets USFDA nod for its conjunctivitis drug

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