Monday, October 14, 2019

Daily news 15th Oct


Business Standard

Ø  Govt mulls raising Rs 1 lakh threshold for invoking IBC

Ø  YES Bank sells 6.56% stake in Fortis Healthcare

Ø  Digital technologies to create $1 tn value by 2025: EY

Ø  Total, RIL may not bid for BPCL; BP wants to see offer

Ø  Adani Transmission acquires arm of REC Transmission





Ø  HUL Q2 net up 21% YoY to Rs 1,848 cr; to give Rs 11/sh as interim dividend

Ø  Moody's downgrades Indiabulls to B2 on fund raising challenge, governance

Ø  RBI hikes cash withdrawal limit for PMC depositors to Rs 40,000

Ø  Indian pharma companies spread businesses to avoid regulatory ire

Ø  Assets worth Rs 3,830 cr seized, identified in PMC Bank case: ED

Mint

Ø  Reliance to swap diesel for Venezuelan crude oil

Ø  Ratan Tata to invest in EV start-up Tork Motors

Ø  Consumer inflation inches up close to 4% in September on costlier food items

Ø  Granules India to exit from China jt venture

Ø  L&T puts two thermal power units into operation in MP, UP





Ø  Lenders approve JSW Energy’s resolution plan for Ind-Barath’s 700 MW power plant

Ø  Rural demand remains a concern for Wipro Consumer Care and Lighting

Ø  New resolution professional of Videocon seeks EoIs for 13 companies under IBC

Ø  BSE to suspend trading in Manpasand Beverages, Binani Industries, 14 others

Financial Express





Dec can Chronicle

Ø  Indian economy structurally, fundamentally strong: MoS Finance

Ø  India to see $118 billion investment in oil, gas sector in next few years, says Dharmendra Pradhan

Ø  WTO gives final approval to US retaliation in Airbus case

Ø  RBI imposes Rs 1 crore fine on Lakshmi Vilas Bank, Rs 75 lakh on Syndicate Bank for violating norms





Ø  Traders' body seeks govt audit into business models of Amazon, Flipkart

Ø  Rupee drops 21 paise to 3-week low on fading US-China deal optimism

Ø  Sensex pares gains, ends 87 points higher; Nifty closes at 11,330

Ø  SBI re-enters top-10 most valued firms list; replaces Bajaj Finance

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Daily news 17th Dec

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