6 leading newspapers wrote on economic activities of the country

Economic Times:

Ø Sebi tightens disclosure norms on loan defaults

Ø MFs will join DHFL resolution process: Sebi chief

Ø Bank credit grows by 8.07%, deposits 9.92%: RBI data

Ø Housing projects worth $66 bn face IBC proceedings

Ø Govt mulls forex loan at cheaper rate to exporters: Goyal

Ø BSNL-MTNL merger may be completed in 2 yrs: Govt

Business Standard:

Ø Govt clears Code on Industrial Relations Bill; retrenchment norms not eased

Ø Cabinet approves strategic sale of govt stake in BPCL, 4 other CPSEs

Ø Subhash Chandra to sell 16.5% stake in Zee, become minority shareholder

Ø Tariff hike may cause slower net user addition for telcos: BofA-ML report

Ø Piramal gets waiver on debt contract after offering to pay Rs 15 bn early

Business Line:

Ø Telecom, aviation, auto sectors report highest losses in Q2

Ø Better rainfall led to lower power demand in October: Power Ministry

Ø CIL to develop 55 new coal mines in next 5 yrs: Minister

Ø Company continuously working on a resolution plan: Suzlon

Ø ECU Worldwide buys controlling stakes in Hong Kong and Singapore logistics firms

Ø Singapore’s Cube wins highways bid

Mint:

Ø Cabinet approves two-year moratorium on spectrum payments for telcos

Ø Tata Motor’s JLR to face challenging times even in next fiscal: Moody’s

Ø Asia needs $800 billion over the next decade to feed itself

Ø Homebuyers have filed over 1,800 cases under insolvency law: Govt

Ø NCLAT extends deadline for implementation of Patanjali’s bid for Ruchi Soya

Financial Express:

Ø Central American nation Costa Rica seeks Preferential Trade Agreement with India

Ø China cuts new benchmark rate to boost economy

Ø NCLAT rejects DBS Bank’s plea challenging distribution of funds from Ruchi Soya resolution plan

Ø India appeals against WTO panel ruling on export incentive schemes

Deccan Chronicle:

Ø Reserve Bank of India supersedes DHFL board

Ø Rupee settles 10 paise lower at 71.81 against US dollar

Ø Moody’s assigns Baa1 rating to ONGC’s proposed senior unsecured notes

Ø Telcos have to pay Rs 1.47 lakh cr dues; no proposal to waive off penalty: Prasad

Ø Govt plans incentives for 324 foreign manufacturers.