Wednesday, 20 February 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Govt may launch exchange traded fund of PSU bank stocks next fiscal

Ø I-T for charging GST on logo use by subsidiaries

Ø RBI rap: Yes Bank denies any wrong-doing in making report public

Ø Govt's national electronics policy eyes 1 cr jobs

Ø ArcelorMittal buys back shares worth $89 million

Ø Walmart Q4 profits jump 69.5% to $3.7 bn, top estimates



Ø Irdai asks all non-life insurers for a uniform standard health product

Ø WTO pegs global trade at 9-yr low; India exports may face repercussions

Ø Govt raises investment limit for angel tax concession to startups

Ø SIP closure ratio at 18-month high, Dec applications slip to 750,000

Ø Honda to close only UK factory, blames global trends -- not Brexit

Business Line



Mint

Ø Rel Power promoters eye₹2,500 cr from sale of 18% stake

Ø Vedanta says no revised bid for Essar Steel

Ø I-T dept raids Divi’s Lab premises

Ø Wheat output may cross 100 mt: ICAR official

Ø SEA in pact with Argentinian body to boost vegoil trade

Ø ABB bags ₹ 270 cr order from Railways



Ø Govt reverts back to old system of awarding oil and gas blocks

Ø Cabinet clears promulgating fresh ordinance for companies law amendments

Ø SC to pronounce order on Ericsson's contempt plea against RCom chief Anil Ambani

Ø Jaypee Infra's promoter makes second attempt to settle dues

Financial Express



Deccan Chronicle

Ø Bad loans: 19 PSBs write off nearly Rs 41,000 crore in Q3

Ø Insolvency process: Gaur offers to clear Jaypee Infra dues of Rs 8,358 crore

Ø Vedanta to file fresh writ in High Court Sterlite Copper row

Ø French aerospace firm Safran to have engine plant in Hyderabad



Ø JSW Cement to invest Rs 2,000cr to take capacity to 20mt by'20

Ø Sensex falls for 9th straight session, ends 146 points lower

Ø India's fuel demand rose 6.4 per cent year-on-year in January

Ø Brent oil eases from 2019 highs as markets await trade talks outcome
By: via @AlliesFin Serve T.ME/ALLiESFiN

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