Wednesday 14 November 2018

@AlliesFin Serve's Post

@AlliesFin

Economic Times



Business Standard

Ø Tata Steel Q2 profit jumps 3-fold to Rs 3,604 crore

Ø RBI to inject Rs 12,000 crore liquidity on November 15

Ø Ashok Leyland first set of EVs to hit roads in Jan

Ø Essel to sell up to 50% of promoter holding in ZEE

Ø Sun Pharma posts surprise Q2 loss of Rs 219 crore

Ø RBI needs to align capital adequacy norms

Ø Sebi tightens disclosure, review norms for credit rating agencies



Ø Reliance Infra wins Rs 161 million arbitration award against NHAI

Ø Tata Sons begins due diligence to buy debt-ridden Jet Airways: Report

Ø Hindalco to invest Rs 60 bn in downstream facilities in four years

Ø Allahabad Bank to raise additional Rs 18-19 bn to shore up capital adequacy

Ø Agritrade acquires SKS Power Generation in Rs 21.7 bn one time settlement

Business Line



Mint

Ø Attorney General in favour of imposing a cess on sugar

Ø Jet Airways in talks to sell stake in luxury unit

Ø Cotton crop estimate put at 373 lakh bales for 2018-19

Ø Consultancy drives RITES’ net profit up by 59% in Q2

Ø Ashok Leyland Q2 net jumps 37.50% to ₹459.50 cr

Ø NCC net zooms by 134% to ₹125 cr



Ø SoftBank commits another $3 billion in funding to WeWork

Ø IHH acquires controlling 31.1% stake in Fortis for Rs 4,000cr

Ø IL&FS board invites buyers for stake in two of its subsidiaries

Ø Bank of India posts ₹1,156 crore loss in Q2 on surging NPAs

Ø Mutual Funds SIP flow climbs 42% to Rs7,985 crore in Oct

Ø Jindal Stainless warns of import surge if China trade deepens

Financial Express



Financial Chronicle

Ø NITI Aayog seeks more time to analyse GDP back series data; may release it by December-end

Ø India emerges as leading seed hub in Asia

Ø Adani gets SC nod to supply natural gas to three areas in Ahmedabad

Ø China’s biggest bank to invest $200 million in Indian SMEs

Ø US dollar hits 16-month high, yen boosted by risk-off sentiment



Ø Essar creditor moves NCLT against Arcelor

Ø Tata Motors seen as most vulnerable to hard Brexit

Ø IndusInd calls off IL&FS Sec buyout

Ø NBFC crisis lowers CFO optimism to 19-qtr low

Ø India to rise from seventh largest economy to third by 2030

Ø India's solar capacity at 27.4 GW till September end: Report
By: via @AlliesFin Serve

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