Monday, December 9, 2019

Daily news 10th Dec


Business Standard

Ø  YES Bank may say no Canadian billionaire's $1.2 billion offer

Ø  Economy may soon get another booster dose

Ø  CGST falls short of budget estimate by 40% in Apr-Nov

Ø  Bank of Baroda to sell up to 1.04 crore UTI AMC shares in IPO

Ø  Goldman raises oil forecast on Opec output cuts

Ø  Ships Recycling Bill sails through in Rajyaoutpu

Ø  Additional 2% export benefits to end Dec 31

Ø  Aluminium firms seek cut in input duties as production costs, imports swell

Ø  Tea Board considering new export cess to fund promotion and marketing

Ø  Mutual Funds' asset base hits Rs 27 trn, bank, PSU funds top allocation

Ø  NSE asks investors to be careful in executing PoA with stock brokers

Ø  Tata Steel asks LGBTQ+ employees to declare partners, avail HR benefits

Mint

Ø  Investors lay siege to SEBI office, demand Karvy-like action against BMA Wealth

Ø  No threat of job losses in auto sector: Minister tells RS

Ø  PSU officers associations oppose BPCL disinvestment

Ø  Sterling and Wilson Solar begins construction of 200 MW Solar Project in Australia

Ø  Equity inflows into mutual funds dip to 41-month low

Ø  HDFC to acquire remaining stake in education loan subsidiary for ₹395 crore

Ø  Currency in circulation rises to ₹21 lakh cr as on March 2019: Govt

Ø  India to witness 7% rise in job creation in Oct-Mar: Report

Ø  Stride Ventures marks first close of ₹500 crore venture debt fund

Deccan Chronicle

Ø  Farm wages growth fell to a four-quarter low in Chrofun

Ø  Japan upgrades 3Q GDP as consumer, business strength absorbs hit from trade

Ø  WTO faces deepest existential crisis ahead of its silver jubilee

Ø  GST Council may use cess route to boost revenue

Ø  Glitches at BSE, NSE cause trouble for investors in OFS

Ø  Coffee Day’s tech park sale stalls over Yes Bank nod

Ø  Banks begin fact check on pledged securities

Ø  Sensex rises 42 points; bank, auto stocks shine

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Daily news 17th Dec

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