Tuesday, December 3, 2019

Daily news 4th Dec


Business Standard

Ø  India's growth likely reached a trough: Goldman Sachs
Ø  S&P reaffirms India’s sovereign rating at BBB
Ø  Jaypee Infra: NBCC, Suraksha Realty place final bids
Ø  RBI MPC starts deliberations on monetary policy
Ø  Global uncertainty could push 7 mn in India to poverty
Ø  Standard Life to sell 2.23% stake in HDFC AMC
Ø  White House considered kicking Huawei out of US banking system: Sources
Ø  Japan preparing $120 billion stimulus package to bolster fragile economy
Ø  SAT asks NSDL to hold back remaining stocks of Karvy Broking clients
Ø  Statistical Commission to discuss junked consumer spending report on Dec 4
Ø  State-run banks lent Rs 4.14 trn to NBFCs, housing financiers in one year
Ø  Advent, Temasek divest stakes in Crompton Greaves worth Rs 1,275 cr

Mint
Ø  Govt mulls easing foreign control rule to aid Air India sale
Ø  Coal India output falls 4% in November
Ø  Sugar mills’ production falls 54% to 18.85 lakh tonnes till Nov 30
Ø  Transasia to acquire facility in Brazil to sell diagnostic products locally
Ø  JSW Steel expects Rs 600 crore TMT bar supply to metro projects
Ø  Mudra NPAs at 2.86% in FY19, says Anurag Thakur
Ø  10,860 cases under IBC pending before NCLT at end of September: Govt
Ø  51 absconders who left country defrauded over ₹17,900 cr; CBI probing: Govt
Ø  92,700 BSNL, MTNL employees opt for voluntary retirement
Ø  IT department issues ₹1.46 trillion in refunds till November end
Ø  Eris Lifesciences buys anti-diabetes novel drug Zomelis in India for $13 million

Deccan Chronicle
Ø  Income Tax dept reports 23% growth in refunds till Nov 28
Ø  Disinvestment: Govt plans offer for sales route in six CPSEs, including Coal India
Ø  Company directors may be on govt’s watch list; 19 lakh directors already axed so far
Ø  Sitharaman to meet state FMs today: Steps to boost GST revenue on agenda
Ø  Reliance Infra invokes RPower's 10.19 cr pledged shares
Ø  Donald Trump sees no deadline for a China trade deal
Ø  Thomas Cook gets brand right for India, Sri Lanka
Ø  Rupee settles flat at 71.66 against US dollar
Ø  Sensex slips over 126 points; metal stocks drag

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