MARKET ROUNDUP

MARKET ROUNDUP

Business Standard
Ø  ED's Sequoia raid spooks India's venture capital community
Ø  Chit fund scams: Rs 80,000 crore and counting
Ø  Govt mulls liquidating some loss-making PSUs
Ø  India trims American govt securities exposure to $118.8 billion
Ø  Forex reserves at record high of $360.25 billion
Ø  SAARC nations must work together to push trade: Secy
Ø  China arrests 62 people in biggest telecom fraud

Ø  Govt's model bill on water to stress on storage creation
Ø  India-France solar alliance talks of $1 trillion investment
Ø  Concern over India's nuclear liability law still remains: French firm
Ø  No interest subsidy on crop loan beyond Rs 3 lakh, says panel
Ø  Sebi mulls online registration for market entities
Ø  27.55% of RIL's record net in FY16 comes from treasury income
Business Line
Ø  ‘There will be no Fed rate hikes in 2016; US dollar will continue to stabilise’
Ø  Panel on excise duty on jewellery
Ø  Plastic may replace jute as material for packaging foodgrains
Ø  Defence Minister Parrikar to meet industry bodies today
Ø  Reliance Entertainment to relaunch video streaming platform Bigflix
Ø  Now, Debt Recovery Tribunals will work six days a week
Ø  FPIs infuse $1.95 bn in equities so far this month
Mint
Ø  Tata Motors officials, directors to meet on 27 April over NCDs issuance
Ø  SunEdison looks to woo investors in India business after US bankruptcy
Ø  Reliance looking at long-term oil supplies from Iran
Ø  Jet Airways’ shareholders approve JetLite merger with itself
Ø  Fiat Chrysler recalls 1.1 million cars, SUVs worldwide over rollaway issue
Ø  Green panel gives nod for port, airport upgrades
Financial Express               
Ø  Up to 25% stake in Tata Steel will meet EU rules: UK
Ø  Private sector to play pivotal role in smart cities: Report
Ø  Vijay Mallya appears on UK electoral rolls: Report
Ø  US Fed seen holding rates with hike still on horizon
Ø  Cairn India cuts capex by a third to $ 100 mn for FY17

Financial Chronicle
Ø  EPFO mulls system to discourage premature withdrawals
Ø  SAT raps Sebi for blind support to adjudicating officers
Ø  Reuben brothers top UK rich list, Hindujas at No 2
Ø  Long-term view critical for stock investment returns
Ø  Natural rubber likely to see bull run until June
Ø  HDFC Bank Q4 profit up 20% at Rs 3,374 crore

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