Friday 18 January 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø May need more currency as GDP size increasing: RBI

Ø L&T Infotech acquires Ruletronics for $7.48-mn

Ø RIL first pvt co to top Rs 10,000 cr profit mark

Ø IL&FS says unable to meet interest payment obligation

Ø HUL Q3 profit rises 9% YoY to Rs 1,444 crore

Ø Reliance faces Rs 1 crore fine over NGT row

Ø Icra expects auto parts industry to grow 15% this fiscal



Ø Naresh Goyal sets terms for Rs 700-cr infusion into debt-laden Jet Airways

Ø I-T dept holds back Rs 20,000 crore in tax refunds to private, PSU firms

Ø Adani partners Germany's BASF for Rs 16,000-crore petrochem foray

Ø Edelweiss Financial Services ties up $1.3 billion to buy India debt assets

Ø 18 NBFC-MFIs pool Rs 835 cr for securitisation, easing liquidity crisis

Business Line



Mint

Ø GDP to be a tad higher to 7.5% in FY20: India Ratings

Ø Car market in India continues to move in slow lane: report

Ø NSEL scam: Corporate Ministry allows SFIO to prosecute everyone involved

Ø GMR in talks with MAHB on Hyderabad airport stake sale

Ø Deep in debt, Rolta India goes into stand-by mode

Ø CCI imposes ₹85-lakh penalty on Godrej & Boyce



Ø Govt mulls deemed admission of companies under insolvency law

Ø NGT asks Volkswagen to pay penalty of Rs 100 cr in 24 hrs

Ø CII asks RBI to cut repo rate, cash reserve ratio

Ø Share buybacks fail to boost share prices, investor morale

Ø Hero Future in talks to buy Fotowatio’s solar project in India

Ø Naresh Goyal refuses to cede control of Jet Airways

Financial Express



Financial Chronicle

Ø Need to focus on alternative fuels: Nitin Gadkari

Ø Aurobindo to buy 7 products from US firm in $300-million deal

Ø Daiichi moves SC to restrain Fortis from transferring funds from IHH

Ø PFC to borrow Rs 14,000 crore to fund REC buy

Ø SCCL plans Rs 10,000-crore capex, eyes new coal blocks, mines



Ø Telecom sector may stabilise soon post-consolidation: Trai chairman

Ø Singed Shalimar Paints plans mega come back

Ø Gujarat cotton output may fall 48% this year

Ø SBI: Only preserving time value of money in Essar

Ø Philips Carbon Black to fix southern location of Rs 600-crore project; net jumps 92%
By: via @AlliesFin Serve T.ME/ALLiESFiN

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*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...