Friday, 29 March 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Business Standard :*


Ø RBI eases office opening process for foreign entities

Ø Banks' consumer durable loan business shrinks 75%

Ø Merger of Vijaya, Dena banks with BOB to continue: SC

Ø Lenders ask for fresh round of bidding for Amtek Auto

Ø L&T’s construction division bags Rs 2,500 cr orders

Ø ZF signs agreement to acquire WABCO for $7-bn

Ø PFC completes REC acquisition, hopeful of merger soon

Ø Irdai keeps third party motor insurance rates unchanged

Ø Bank union to write to govt, RBI against infusing money into Jet Airways

Ø Donald Trump presses OPEC to boost output to bring down oil prices

Ø S&P downgrades Tata Motors, subsidiary JLR credit rating for weak profits

Ø Govt to infuse Rs 5,042 cr into BoB ahead of merger with Dena, Vijaya

Ø Infosys to buy 75% stake in ABN AMRO's mortgage services arm for $143.5 mn

Business Line



*Mint :*


Ø India keen to re-start talks on trade package with the US

Ø Lupin launches generic skin treatment cream in US market

Ø Siemens Gamesa commissions 10 MW solar project for Lakshmi Machine Works

Ø Indonesia, India palm groups to propose tax incentives to certified palm

Ø PE, VC investment in India at $20.5 bn in 2018: Report

Ø Jet defaults on ECB due to ‘temporary constraints’

Ø Need to reinvent Niti Aayog, says former RBI Guv Y V Reddy

Ø M&M to raise vehicle prices due to high commodity rates

Ø Alstom bags ₹700 cr contracts from Mumbai, Pune metros

Ø PFC is now the second largest govt-owned financial firm after SBI

Ø DLF's over ₹3,000 crore QIP closed; issue price fixed at ₹183.4 a share

Ø IOB receives shareholders nod for ₹3,806 crore capital infusion

Financial Express



*Deccan Chronicle :*


Ø Bigbasket valuation hits $2.2 billion; turns unicorn with $150 million funding from Alibaba, others

Ø Manappuram Finance withdraws release on securing funding from NABARD

Ø Bandhan Bank, Gruh finance merger by Dec; to push affordable housing

Ø Axis Trustee, IndusInd invoke 15.6% pledged shareholding in RCom

Ø Orchid Pharma’s promoter firm too goes under resolution process

Ø Sensex rebounds over 400 points, Nifty ends at 11,570

Ø Commerce ministry for imposition of countervailing duty on Chinese pneumatic tyres

Ø Rupee plunges 42 paise to 69.30/USD on stronger dollar

Ø Singapore recalls BP drugs with India-made ingredient
By: via @AlliesFin Serve T.ME/ALLiESFiN

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https://x.com/cnbctv18live/status/1870100490643747026?s=52 By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/Al...