Wednesday 9 January 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Business Standard :*


Ø RBI issues guidelines for card transactions

Ø Infosys to consider share buyback, special dividend

Ø Rs 6K cr assets detected under black money law

Ø No proposal to give more powers to RBI: Govt

Ø Vedanta to approach TN govt to restart Sterlite plant

Ø Jalan panel report on RBI reserve likely in April

Ø CAG favours policy framework for off-budget financing

Ø Direct tax collection shortfall worry likely to add fiscal deficit woes

Ø GST, excise, service tax evasion shoots up to Rs 48,555 cr in Apr-Dec

Ø SC overturns Delhi HC ruling, grants Bt Cotton patent to Monsanto

Ø NTPC to invest Rs 10,300 cr in greenfield thermal and solar plants in UP

Ø Booster dose for pharma as Govt okays refund on foreign plant inspection

Business Line



*Mint :*


Ø Allcargo makes space for Flipkart, Decathlon

Ø Loans, deposits by Indians in Swiss banks down 34.5% in 2017

Ø Prabhat Dairy plans to enter animal nutrition business

Ø Pfizer to exit two more plants in India

Ø Bengal Chemicals eyes larger presence in e-comm trade

Ø Tata Steel sales down 10 per cent

Ø RBI sets up panel under Nandan Nilekani to boost digital payments

Ø Cabinet gives land to GAIL to set up CNG station in Patna

Ø Myntra revenue shrunk by 80% to ₹427 crore in FY18

Ø Mobile wallet transactions decline in November: RBI

Ø Banks ask Jet Airways to explain its liquidity situation

Ø Mumbai PPA brings earnings visibility for Tata Power

Financial Express



*Financial Chronicle :*


Ø RBI cancels registration of 45 NBFCs; West Bengal tops list

Ø IBM receives 9,100 patents in 2018; India second highest contributor

Ø Trade talks with China going ‘very well’, says US president Donald Trump

Ø Gita Gopinath joins IMF as its first female chief economist

Ø Skies darkening over the global economy, says World Bank

Ø NMDC to buy back Rs 1k cr shares

Ø Post-death transfer of demat shares now requires physical documents

Ø Iran hopes India will seek another waiver from US sanctions

Ø Iran bank to become channel for rupee/rial dealings

Ø Shoppers Stop evaluates FDI, e-comm strategy

Ø Kharif crops sell below MSP; rabi sowing falls
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...