Monday 25 February 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Business Standard

Ø Saudi Arabia to make India regional hub for oil supply
Ø Assured return scheme for NPS subscribers proposed
Ø REC needs nod from at least 50% lenders for PFC deal
Ø India to be 2nd-largest 5G market in 10 yrs : Huawei
Ø 3-4 more banks to come out of RBI's PCA framework
Ø Warren Buffett's firm reports $25 bn Q4 loss
Ø May postpones vote on Brexit deal until March 12


Ø GST Council cuts tax on under construction residential houses to 5%
Ø SBI considers moving NCLT for insolvency proceedings against Jet Airways
Ø Blackstone, Embassy to launch India's first real estate investment trust
Ø Tata Steel, JSW Steel are key beneficiaries of the rise in steel demand
Ø Raymond revamps supply chain, weighs on digital tools for more efficiency
Ø Bharti Airtel set to conduct trial of Nokia's 5G-ready telecom gear
Business Line

Mint
Ø JNPT SEZ to bid out 300 acres to manufacturing companies
Ø India’s financial condition looking up, says CII-IBA
Ø Boards of companies should assert ethical conduct: CII
Ø 347 infra projects show cost overruns worth over Rs 3.2 lakh cr
Ø Hindusthan National Glass to raise ₹1,800 crore to pare debt
Ø Uber in talks to sell India food delivery business

Ø KKR, BlackRock set to invest in Adnoc pipeline unit
Ø Afghanistan launches new export route to India through Iran
Ø Wipro shareholders approve bonus issue, increase in authorised share capital
Ø Seven of top 10 Indian companies lose₹67,980 crore in m-cap, TCS worst hit
Ø RIL preparing to list Reliance Retail soon
Financial Express

Deccan Chronicle
Ø US-China talks: Superpowers haggling over currency pact
Ø Lack of big-ticket deals drive down PE/VC investments in January 2019
Ø Swiggy in talks to buy Uber Eats India, deal expected to be sealed soon
Ø Singapore largest FDI source, leaves Mauritius far behind

Ø PNGRB rejects HPCL review petition on ATF pipeline
Ø FPIs sell blue-chips, take away Rs 30K crore
Ø Foreign portfolio investors pull out over Rs 1,900 cr from debt market in Feb
Ø Unregulated Deposit Ordinance bans only ponzi schemes not regulated deposits
By: via @AlliesFin Serve T.ME/ALLiESFiN

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*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...