Wednesday 23 January 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Business Standard

Ø India to surpass China as oil demand centre in 2019
Ø NCLAT may look in issue of frivolous bids under CIRP
Ø Reliance Industries gets CCI nod to acquire Hathway, DEN
Ø Govt to approve power tariff policy soon: R K Singh
Ø 7.32 lakh jobs created in November: EPFO payroll data
Ø IL&FS effect: Icra downgrades 6 funds from HDFC, UTI, Birla AMC


Ø RBI announces Rs 10,000-cr bond buyback on Thursday to improve liquidity
Ø Six extensions later, govt cancels sole bid for solar unit, power plant
Ø Sebi issues new format for mutual funds' monthly cumulative report
Ø Indian Oil to shut half of Panipat refinery from mid-Feb for maintenance
Ø HDFC Life reports 20% rise in net profit at Rs 913 cr in 9 months of FY19
Business Line

Mint
Ø Move to allow NITI Aayog to steer drug-price control raises hackles
Ø Sourcing steel locally has ensured ₹8,000-cr savings: Minister
Ø India 4th most attractive investment market: PwC survey
Ø NMDC revives sponge iron unit in Telangana
Ø Reliance gets green signal for Jamnagar refinery expansion
Ø Sun Pharma replaces formulations distributor with own unit

Ø Government likely to target about ₹800 billion from divestment in FY 19/20
Ø India likely to overtake US in steel consumption in 2019: Steel minister
Ø Jaypee Infratech bankruptcy: Lenders may extend deadline to submit revival plan
Ø Aluminium, zinc edge up on signs of tighter China supply
Ø IL&FS crisis: Govt to seek special dispensation from Reserve Bank
Financial Express

Financial Chronicle
Ø India’s 7% growth good, but not enough jobs getting created, says Raghuram Rajan
Ø Reliance Nippon Life Asset Q3 net profit drops 17 pc to Rs 109 crore
Ø Commerce Ministry seeks stakeholders’ views on report to revive SEZs

Ø Reliance Retail 94th among top 250 global retailers
Ø Sun Pharma shares up 5% after firm replaces domestic formulations distributor
Ø Installment payment allowed for PA benefit-based health policy claims
Ø Advances, margin boost Kotak Bank net profit by 13.5%
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...