Tuesday 5 February 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Business Standard :*


Ø SBI, other performing PSBs may see stake sale

Ø CERC pushes for 100% power sale in spot market

Ø IDBI may now become LIC IDBI Bank or LIC Bank

Ø TDSAT exempts RCom from one-time spectrum charge

Ø India's exports to surpass USD 314 bn peak this year

Ø Tata's plea to bid for Bhushan Steel struck down

Ø RCom goes to NCLT to speed up Jio deal, hopes move will expedite DoT nod

Ø Fugitive tycoon Vijay Mallya's extradition to India approved by UK minister

Ø Zee group's Subhash Chandra gives personal guarantee to mutual funds

Ø NCLAT asks govt for list of IL&FS firms categorised by financial position

Ø Setback for Tata Steel as NCLAT upholds creditors decision on Bhushan Power

Business Line


*Mint :*


Ø Sugar mills want Centre to hike ex-mill price to help clear arrears

Ø Fiscal deficit for April-December at 112% of FY19 Budget Estimate

Ø Govt to begin process to monetise assets of CPSEs from April

Ø Anti-dumping duty imposed on ‘fluoroelastomers’ from China

Ø JSW Steel’s bid for Bhushan Power upheld

Ø SRF posts a 26% jump in consolidated net

Ø ONGC Videsh looks to pare stake in one of its costliest acquisitions

Ø RBI to announce policy before noon on 7 February

Ø Ruia, Essar Steel directors move NCLT to squash Mittal's bid

Ø UPL open to buy back TPG Cap, ADIA  stakes in Arysta

Ø Amfi’s MF campaign may turn focus on debt funds: Nimesh Shah

Ø IndoStar to buy IIFL’s CV financing business

Financial Express


*Financial Chronicle :*


Ø Rating agencies downgrade various loan facilities of DHFL

Ø Jet Airways debt resolution plan outline is ready

Ø Aditya Birla Fashion Q3 net up 100% to Rs 70 crore

Ø TPG Growth set to invest $30 million in Solara Active

Ø Coal India approves share owner buyback worth Rs 1,050 crore

Ø Governance standards improving in corporate India

Ø Essel promoters sell shares worth over Rs 1,050 cr in 6 firms

Ø Tribunal sets Feb 11 deadline to decide on Arcelor-Essar bid

Ø Vedanta Resources rating downgraded to Negative

Ø FPIs pull out Rs 5,300 cr from capital markets in Jan
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...