Friday 1 March 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Core sector growth slows down to 1.8% in January

Ø Airtel gets board approval to raise Rs 32,000 crore

Ø India to see lower productivity, weak demand: D&B

Ø Govt keen on amalgamation of PSBs: Arun Jaitley

Ø NCLAT orders resolution on Essar Steel bid by March 8

Ø Sebi wants govt rethink on RBI representation on its board



Ø NSE to introduce Brent Crude Oil futures contract on Mar 1

Ø DBS to convert its India operations into wholly-owned subsidiary from Mar 1

Ø 2018 best year for M&As as deal values rise 126% to $80 bn

Ø International Finance Corp to invest $165 mn in Bajaj Finance, Dodla Dairy

Ø Infosys says Kiran Mazumdar-Shaw sold 1,600 shares without pre-clearance

Business Line



Mint

Ø Naresh Goyal agrees to step down as chairman of Jet Airways

Ø Iran buys Indian sugar to ease its oil-money headache

Ø LG India aims for 30% growth in commercial ACs this year

Ø NIIF, CDC & Eversource Capital to invest $330 mn in Ayana

Ø Lupin launches chronic angina treatment drug in the US

Ø Future Group to bring 7-Eleven stores to India



Ø Cabinet clears ₹10,000 crore FAME II scheme

Ø RBI constitutes task force under Usha Thorat on offshore rupee markets

Ø REC board approves borrowing limit hike,₹11 per share interim dividend

Ø J&J allowed to resume baby talc production

Ø Fraud-hit PNB ranks highest in implementation of 'reforms agenda' in 2018: Study

Financial Express



Deccan Chronicle

Ø SBICap Ventures’ Neev Fund to invest $5 million in renewable energy firm Prespl

Ø Essar Steel case: NCLT rejects plea from 8 operational creditors

Ø From $6 billion to $1.8 billion: Govt revises down FDI inflows into chemicals drastically

Ø Sodexo to increase focus on small and medium enterprises in India



Ø Rupee recoups 52 paise to end at 70.72 per dollar

Ø Kotak ties up with ADIA for USD 600 mn distressed assets fund

Ø Increasing exports can lead to better jobs, higher wages in India: World Bank report

Ø L&T Finance to raise up to Rs 1,500 cr via NCDs
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...