Sunday, October 13, 2019

Daily news 14th Oct

Economic Times


Business Standard

Ø  World Bank cuts India's growth projection to 6%
Ø  Unexpected jolt for RIL's Rs 5,050-cr IBC win
Ø  ISRO spectrum demand may hit 5G rollout: Experts
Ø  Cooperative sector needs self regulation: Goyal
Ø  Rs 25 lakh cr will be spent for rural infra: Modi
Ø  $60 bn investment coming in gas infra: Pradhan
Ø  Govt to cut stake below 51% yet retain control of CPSEs



Ø  CCI to conduct study on telecom sector amid changing market dynamics
Ø  Consumer discounts unsustainable, will go down post October: Maruti Suzuki
Ø  Essar leads India Inc deleveraging; pays off Rs 1.4 trillion: Prashant Ruia
Ø  Eight of top 10 most-valued companies add Rs 80,943 cr in m-cap, RIL leads
Ø  Future Retail to buy group co's infrastructure assets in Rs 4,000-cr deal
Business Line


Mint
Ø  Insolvency Law Committee plans to meet on October 15 to discuss new reforms for IBC
Ø  IHMCL, GSTN to sign MoU to link FASTag with GST e-way bill system on October 14
Ø  We need to improve the tight credit situation: NITI-Aayog VC
Ø  ED move to attach Bhushan Power asset vindicates our stand: JSW Steel
Ø  Coal mine auctions: Ministry will allow mines with less than 3 bidders to go under hammer


Ø  Rural slowdown may weigh on HUL’s growth in second quarter
Ø  IRCTC to make stock market debut today
Ø  Passenger vehicle exports expand 4% over April-September, Hyundai Motor leads
Ø  DLF sells 376 completed flats worth ₹700 cr in Gurugram housing project
Ø  Brexit divorce talks between UK and EU go down to the wire
Ø  Mukesh Ambani, Sunil Mittal to skip India’s largest mobile expo amid IUC battle
Financial Express


Dec can Chronicle
Ø  Bangladesh, Nepal likely ahead of India as growth in South Asia to slow down in 2019, says World Bank
Ø  Remittances under LRS hit new high in August; April-July amount outpaces FPI inflows
Ø  RBI exercising forbearance on MSME lending as small business loans are in trouble, says Raghuram Rajan
Ø  DMart profit rises 48% on better margins, higher revenue


Ø  Industrial production slips by 1.1 per cent in August
Ø  No of crorepati taxpayers up 20 pc to 97,689 in AY 2018-19: CBDT data
Ø  Daimler recalls hundreds of thousands of Mercedes-Benz diesel vehicles

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