Bad bank may follow Swiss challenge method for price discovery of assets

[Business-Standard]( Daily Newsletter 25 February 2021 [Facebook]( [RSS]( [Twitter]( [Google Plus]( [Twitter]( [YouTube]( [Markets]( [Companies]( [Banking]( [Economy]( [Opinion |]( [Life]( [Management]( [Technology]( LIVE MARKETS [SENSEX]( 50781.69 (1030.28) [NIFTY]( 14982.00 (274.20) GOLD (MCX 10 GM) 46570.00 (-232.00) SILVER (MCX 1 KG) 69494.00 (153.00) USD ($) / INR(Rs) 72.43 (-0.02) Front Page [Premium Content][Bad bank may follow Swiss challenge method for price discovery of assets]( Plan aimed at price discovery of assets; IBA working closely with FinMin, RBI [Centre lifts embargo on grant of govt businesses to private banks]( Move will spur competition, promote efficiency in customer service standards [Sebi, Finmin seek detailed report from NSE as trading halts due to glitch]( The issue came to light less than an hour after normal trading had commenced, with several brokers complaining of freezing of live price feeds [Edtech, logistics and gig-economy to drive jobs as startups step up hiring]( Freshers hiring likely to double as compared to last year [Centre announces Rs 15,000 crore PLI for pharma, IT hardware sectors]( Pharma scheme aims at Rs 3 trillion incremental sales, 100,000 jobs; experts say hardware scheme to help India become electronics manufacturing ... [Free vaccines for the 60-plus, comorbid cases in govt hospitals from Mar 1]( The vaccine will be given for free in over 10,000 government hospitals and will come for a price which is yet to be decided in more than 20,000 ... [Goldman-backed ReNew Power to list on NASDAQ at $8 billion valuation]( To partner with RMG Acquisition Corporation for private investment in public equity ['Won't pull out liquidity': RBI tries to calm bond market nerves]( Central bank governor welcomes blockchain tech, but voices major concerns on cryptocurrency [Plan to monetise 100 public sector assets, drawing Rs 2.5 trillion: PM]( Says government has no business to be in business; 'Our mantra is monetise and modernise' [Premium Content][Allow firms to invest in EL-rated infra projects: Govt to regulators]( Regulators have now permitted investment in high-rated infra projects Companies [Premium Content][Voda rejigs board, nominates Sood, Massidda as additional directors]( The rejig comes ahead of Vi's planned fund raising to help the company upgrade its network and meet the debt obligations [India's consumption market likely to triple by 2030, says BCG report]( The consumption spurt will be driven by urbanisation, higher disposable incomes, and nuclear families [Professionals confident about progress despite uncertainties: Survey]( Professionals in India are confident about their career progress despite growing uncertainties about the job market and financial future in the ... [Suzuki Chairman Osamu Suzuki to retire, assume role of senior advisor]( SMC also said its board has proposed the appointment of Toshihiro Suzuki -- current director and President, and son of Osamu Suzuki -- as the ... [» Read More Stories in Companies]( Economy & Policy [Premium Content][India likely to harvest bumper wheat, mustard & chana crops in 2020-21]( Foodgrain production is expected to rise 2% in 2020-21 season to record 303.34 mt, says govt [Premium Content][Severe container shortage pushing up exporters' cost of doing business]( This is an unusual imbalance caused by the lag in the revival of domestic demand following the Covid-19 lockdown [Bond market supply likely to double to Rs 70 trillion by 2025: CRISIL]( This growth will have three drivers: investments, primarily for infrastructure; NBFCs and HFCs [PLI scheme: Pharma industry expects more guidelines on investment]( B R Sikri, chairman of the Federation of Pharma Entrepreneurs, said, higher incentives would have meant more production of cancer drugs, ... [» Read More Stories in Economy & Policy]( Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) [A B B]( 1564.00 5.70 [ABB Power Produc]( 1536.45 2.07 BSE TOP GAINERS Company Price (Rs) Change (%) [Nava Bharat Vent]( 65.75 12.01 [I O B]( 17.30 9.98 BSE 52-WEEK LOW Company Price (Rs) Change (%) BSE TOP LOSERS Company Price (Rs) Change (%) [Tanla Platforms]( 914.75 -4.75 [Jubilant Food.]( 3075.85 -3.95 [Unifying bond markets will allow use of common infra: Sebi's Ajay Tyagi]( "Unification of government bond and corporate bond markets is an idea whose time has come," Tyagi said while speaking at CRISIL's 6th bond ... [From BSE to Tokyo Stock Exchange, here's a history of trading outages]( Often the causes are software glitches, hardware failures and internet connectivity problems [Premium Content][Weak Q3 show, margin pressures to keep Sanofi stock under pressure]( Growth led by power brands and new launches could recover as pandemic impact wanes [IIFL bid wins Karvy's 1.1 million demat customers, Axis takes trading a/cs]( Axis Securities' customer base to swell from 2.5 mn to over 3.6 mn; IIFL says well poised to service demat customers from Day-1 [Premium Content][Pure-play protection plans second fiddle to savings plan for life insurers]( Growth in recent times is led by savings products, poised to give better returns that bank FDs [» Read More Stories in Markets]( Opinion [Premium Content][Strengthening recovery]( Corporate sales must rise to maintain the momentum [Premium Content][Riding on the blue economy]( India's marine resources remain under-utilised [Premium Content][Big is beautiful in India?]( Excessive focus on the biggest Indian companies could be counterproductive for employment generation [Premium Content][India's sovereign rating fixation]( Should Indian policymakers be concerned about India's existing sovereign rating? [Premium Content][GST rate rationalisation: The larger objective]( Besides merging the rate slabs of 12 per cent and 18 per cent, the GST Council could consider phasing out exemptions to those commodities that ... [» Read More Stories in Opinion]( Finance [Fino Payments Bank says inclusion in commercial bank list to boost biz]( Fino Payments Bank on Wednesday said it will be able to improve its business prospects further as the RBI has included it in the category of a ... [PNB scam case: UK judge to rule on Nirav Modi extradition case on Thursday]( Nirav Modi currently remains behind bars in a London prison [Bank stocks rise as embargo lifted on grant of govt business to pvt banks]( An embargo on private sector banks to carry out govt-related transactions, including taxes and pension payments, has been lifted [India's economic recovery to cut bank stress, but Covid hit to be felt: S&P]( While the Indian economy is on a mend, the permanent GDP loss stemming from the brunt of the coronavirus is huge at 10 per cent [Premium Content][India's rich club to grow 75% by 2025 despite pandemic: Knight Frank study]( As many as 91% of the ultra-rich are expecting a massive increase in their wealth over the next five years [» Read More Stories in Finance]( Technology [Facebook plans to invest $1 billion in news industry after Australia row]( Facebook on Tuesday restored Australian news pages, ending an unprecedented week-long blackout after wringing concessions from the government ... ['50% of Indian firms to deploy intelligent automation by 2024': IDC]( Nearly half of all businesses in India will implement robotic process automation (RPA) by 2024, said an IDC study [Carl Pei's Nothing announces 'teenage engineering' as founding partner]( teenage engineering is a Stockholm-based consumer electronics company known for uniquely design electronic products for all people who love ... [Sony working on next-gen virtual reality headset for PlayStation 5: Report]( Sony is working on a next-generation virtual reality (VR) headset for the PS5 that will include an improved field of view, resolution and even a ... [Realme launches Narzo 30 Pro 5G, Narzo 30A, Buds Air 2: Know price, specs]( The Realme Narzo 30 Pro is the Chinese smartphone maker's cheapest 5G offering that also happens to be the most affordable 5G smartphone in ... [» Read More Stories in Technology]( PF [Premium Content][Benefits of diversity: A coin-flip reveals better bitcoin alternatives]( It is safer to build a diversified basket of cryptocurrencies [Premium Content][Avoid outsized positions and high leverage to soften blow of trading outage]( Losses caused by technical glitches can get magnified due to leverage, hence retail investors who do day trading need to be cautious [» Read More Stories in PF]( Beyond Business [Premium Content][Star turn]( Book review of Star Struck: Confessions of a TV Executive [» Read More Stories in Beyond Business]( [About us]( | [Partner With Us]( | [Job@BS]( | [Advertise with us]( | [Connect BS]( | [Refer a friend]( Ensure that you always receive messages from business-standard.com Add bsemailservices@business-standard.net.in to your Address Book or Safe List. 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