Wednesday, November 13, 2019

Daily news 14th Nov


*Business Standard*

Ø  Pay AGR dues as per SC order: DoT to telcos
Ø  CPI hits 16-month high, breaches RBI's target
Ø  CoC extends RCom's asset bid deadline by 10 days
Ø  Govt to institutionalise social audits in rural schemes
Ø  KEC International bags new orders of Rs 2,255 cr
Ø  US tech body opposes India's bid for data localisation
Ø  India's growth should bottom out in Dec qtr: CLSA
Ø  Voda boss says Indian JV remark distorted, apologises to govt
Ø  Major ports record muted performance on fall in coal, fertilizer cargo
Ø  Indian plastic exports to Pakistan decline by 91% on soured relations
Ø  MFs' exposure to NBFCs down 30% in 15 months since IL&FS crisis broke out
Ø  Sebi puts in place disclosure framework for municipal debt securities
Ø  HAL profit up 116% to Rs 621 cr in Sep quarter; revenue grows 32%
Ø  Liquidation of Voda-Idea may mean $1.7-trillion hit for shareholders

*Mint*

Ø  ITC to pick up 33.42% stake in vending machine maker Delectable
Ø  SAT to hear RIL appeal against SEBI in ₹2,000 crore Reliance Petroleum case
Ø  RBI sees sharp fall in consumption
Ø  CG Power’s foreign subsidiaries face financial crunch, legal issues
Ø  NBCC, Suraksha Realty asked to submit fresh bids to buy Jaypee Infratech
Ø  Railways records lowest freight loading since 2010
Ø  ABB India pulls off strong profit growth but order flow concerns remain
Ø  SpiceJet Ltd reports ₹461 crore September quarter loss
Ø  BSNL to raise ₹15000 crore through sovereign bonds next month
Ø  US-based Dole Food Co to enter India through tie-up with Future Group
Ø  High levies, low tariffs double whammy for telecom industry
Ø  Yes Bank faces fresh audit into complaints by whistleblower

*Deccan Chronicle*

Ø  Vedanta SEZ in Odisha seeks permission to locally procure petroleum coke
Ø  NBCC, Suraksha Realty asked to submit fresh bids to acquire Jaypee Infratech
Ø  Red-flagging exposures: Banks may classify DHFL as fraud account
Ø  Adani Power second quarter profit falls 99% on poor sales
Ø  Rupee tumbles 62 paise, could remain weak
Ø  Sensex tumbles 229 points as weak macro data, rupee woes weigh
Ø  NABARD seeks credit disbursal from banks on monthly basis
Ø  RBI becomes net buyer of dollars in Sept, bought USD 5.61 billion
Ø  Dividend tax burden may shift to investors

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