Thursday, October 10, 2019

Daily news 11th Oct

Economic Times


Business Standard

Ø  ECB minutes show deep rift over policy as Draghi era closes
Ø  Ind-Ra pares India’s FY20 GDP forecast to 6.1%
Ø  US, China resume high-level talks to end trade war
Ø  India jumps to 7th spot in Brand Finance Nation ranking
Ø  IL&FS to sell 13 prime properties across three cities
Ø  Revival plan under govt's active consideration: BSNL
Ø  Venture investments up 69% at $16.4 bn in Q2



Ø  TCS Q2 net up 1.8% at Rs 8,042 cr; announces special dividend of Rs 40/sh
Ø  Telcos to get Rs 13,000-crore revenue boost for inter-connect user charges
Ø  Indian miners reject govt plan to link coal index to foreign prices: Report
Ø  64% farmers don't prefer cash transfer for fertilisers: NITI Aayog study
Ø  Vodafone Idea needs fresh round of equity infusion by 2021, say lenders
Business Line


Mint
Ø  Moody's cuts India's growth forecast to 5.8 per cent for FY20
Ø  DBT in fertiliser sales saved govt $1.54 billion: MSC
Ø  India’s engineering exports to China up 58% in Aug
Ø  Welspun India expects to be debt-free in five years
Ø  Gem, jewellery export dips 6% in September
Ø  Tata Steel sales down 4% in Sept quarter


Ø  Tata Motors global wholesales down 27% in Sept at 89,912 units
Ø  OPEC chief says deeper oil cut an option amid weaker 2020 outlook
Ø  Sebi comes out with framework for issuance of depository receipts
Ø  Half a dozen public sector banks cut lending rates by up to 0.25%
Financial Express


Dec can Chronicle
Ø  Strengthening cooperation in trade facilitation to help reduce trade gap with India: China
Ø  World Bank says 2019 Asia-Pacific growth to slow to 5.8% on trade tensions
Ø  ‘FDI rule violation’: Flipkart, Amazon top executives meet DPIIT officials
Ø  Online food delivery may touch $12.53 billion by 2023


Ø  Haldiram emerges sole bidder to buy insolvency-bound Kwality for Rs 130 crore
Ø  Piramal dispels rumours about financial business, files complaint with Sebi
Ø  Miners reject national coal index proposal
Ø  Larsen & Toubro Infotech faces racial bias suit in US

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