Tuesday, October 15, 2019

Daily news 16th Oct


Business Standard

Ø  Sep trade deficit narrows slightly to $10.86 billion
Ø  Global growth in 2019 to be lowest in a decade: IMF
Ø  EU, UK negotiators closing in on a draft Brexit deal
Ø  1/3 large firms not to switch to new tax regime: Crisil
Ø  Saudi Aramco interested in buying govt's stake in BPCL
Ø  Jain Irrigation cut to ‘selective default’ by S&P



Ø  Wipro Q2 net profit jumps 35.1% YoY to Rs 2,552.6 crore
Ø  September exports repeat decline, contract by 6.5% to reach 3-month low
Ø  Air India stake sale: Buyer to get only Rs 10,000 crore of airline debt
Ø  Promoters sell 22% stake in Bajaj Consumer Care for Rs 700 crore
Ø  Essar Steel CoC defends lower pay out to Standard Chartered Bank



Mint
Ø  IMF cuts India's growth forecast to 6.1 per cent
Ø  Essel in talks to sell six road assets to NIIF
Ø  MCX net doubles on higher volume, gold price rise
Ø  CleverTap raises $35 million from Sequoia, Tiger Global
Ø  Berger Paints to acquire 95.53 per cent in waterproofing co STPL for Rs 167.5 cr
Ø  Sajjan Jindal repays ₹1,200-cr loan to release pledged shares


Ø  RBI governor assesses liquidity situation, calls for quicker transmission
Ø  India retains tag of world's fastest growing economy alongside China: IMF
Ø  Subhash Chandra  scrambles  to retain Zee reins amid VTB’s stake sale talks
Ø  Karnataka Bank Q2 net down 5.3% to Rs106 cr as bad loans go up



Dec can Chronicle
Ø  India’s services exports up 10% in Aug at $18.24 billion; imports rise 16%
Ø  China sees ‘no difference’ with US on trade deal
Ø  India on track to achieve 175 GW of renewable energy by 2022: RK Singh
Ø  India does not have any trade dispute with US, says Piyush Goyal


Ø  Cabinet to consider splitting GAIL; pipeline business not to be sold before 2022
Ø  Sensex spurts 292 points; auto, metal stocks drive rally
Ø  Maruti reports Rs 154 crore investment in CSR initiatives last fiscal
Ø  Total to buy Adani Gas stake via open offer

No comments:

Post a Comment

Daily news 17th Dec

Business Standard Ø  Govt plans online clearances to coal mining projects Ø  Govt working on debt issue of Air India: Secretary Ø  Jio...