Tuesday, October 29, 2019

Daily news 30th Oct


Business Standard

Ø  India has 3rd largest startup ecosystem: PM Modi

Ø  'No perceivable inconsistency in Infosys data points'

Ø  Wipro sets up engineering & innovation centre in Virginia

Ø  Dividend distribution tax may be scrapped

Ø  Govt to take stock of ailing telecom sector

Ø  RBI imposes Rs 1 crore penalty on Bandhan Bank

Ø  Kamineni clarifies on Apollo demerger reports

Ø  Prima facie case for probe against Oyo, Go-MMT: CCI





Ø  Tata Sons stake in Tata Motors to rise to 43.73% post preferential issue

Ø  India to invest $100 bn in refining, pipeline, gas terminals by 2024: PM

Ø  BP profit declines by 40% in September quarter on oil price slide

Ø  Banks baulk at Rs 4,000-cr loan to Patanjali for Ruchi Soya acquisition

Ø  Petronet LNG Sep-quarter net grows 90% on lower tax to Rs 1,089 crore

Ø  Total offers 'attractive' Rs 149.63 per share to Adani Gas shareholders


Mint

Ø  Govt likely to order SFIO probe into DHFL financial irregularities

Ø  Hind Zinc net profit up 15 per cent on lower tax outgo

Ø  IndiGo places USD 33-billion order for 300 A-320s

Ø  Japan’s DMG Mori, LMW tie up to increase machinery production

Ø  Steelmakers face debt challenges after ill-timed bets





Ø  Central Bank of India board okays ₹3,353 cr fundraising

Ø  Slowdown bites Indian steelmakers as they face debt challenges

Ø  India, Saudi Arabia moving towards closer strategic partnership: PM Modi

Ø  IOB puts Kolkata-based Jai Balaji Industries' NPA account up for sale

Ø  Govt working on policy to allow OTC drugs sale on retail outlets


Deccan Chronicle

Ø  Input Tax Credit: New GST refund rules create confusion as deadline to file first returns comes close

Ø  Inter-ministerial group discusses possibility of further easing FDI policy

Ø  Insolvency Code progress report: Nearly 4 times as many cases in liquidation as in resolution

Ø  Govt forms high-level panel to look at bailout package for Airtel, Vodafone Idea, other telcos

Ø  Bidvest stake buy: GVK to deposit Rs 1,248 crore in escrow account





Ø  Investor wealth rises Rs 2.73 lakh cr in market rally

Ø  Aramco to make stock market debut on December 11: report

Ø  Sensex rallies over 600 points; Nifty tests 11,800

Ø  Poor credit demand may hit deposit growth in H2

Ø  Ambani says slowdown in India temporary, reforms undertaken to reverse trend

Ø  Amazon pumps in over Rs 4,400 cr in India business

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