Wednesday 27 March 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Jet to start operating 75 planes by April-end: Govt

Ø PFC to pay entire Rs 14,500 crore for REC acquisition

Ø Europe adopts copyright reform in blow to tech giants

Ø NCLAT stays notice for RCom's spectrum cancellation

Ø Uco Bank gets Rs 14,000 crore windfall

Ø NCLT probes Sterling lenders on absconding promoters

Ø FTC seeks more information to review Bristol-Celgene's $74 billion planned merger



Ø High Court allows Vedanta to take part in Nalco's alumina sale tender

Ø HCC to raise Rs 1,750 crore through monetisation of claims

Ø Trai to hold consultation with BSNL, MTNL on 4G spectrum allocation: Govt

Ø RBI accepts $5 bn from banks at currency swap auction to ease liquidity

Ø NCLT asks RP of Jyoti Structures to submit revised resolution plan

Business Line



Mint

Ø Centre may look at diluting stake in PSUs to below 51% without ceding control

Ø L&T bags ₹352-cr solar plant order from Raasi Green Earth

Ø ‘Domestic tractor sales may log double-digit growth this fiscal’

Ø ‘India maintains lead in consumer optimism’

Ø SAIL supplies first batch of LHB wheels to Railways

Ø ITC’s John Players now part of Reliance Retail’s wardrobe



Ø RBI sets high cut-off premium at debut dollar/rupee swap auction

Ø 'India now seeing more buyout-style transactions': PwC's Sanjeev Krishan

Ø RBI slaps ₹2 crore penalty on PNB for violating SWIFT norms

Ø L&T makes open offer to buy 31% in Mindtree for ₹5030 crore

Ø Allahabad Bank to raise ₹4,000 crore equity capital via various modes

Financial Express



Deccan Chronicle

Ø India becomes second largest market for Marks & Spencer after UK

Ø Rail Vikas Nigam IPO fixes price band at Rs 17-19 per share; to start this Friday

Ø JCB to start new production facility in Gujarat; invests Rs 650 crore

Ø Nirav Modi case: NCLAT notice to corp affairs ministry on PNB ex-CEO’s plea



Ø BoB to develop agri-digital platform; inks 6 MoUs

Ø Sensex zooms 425 pts on global rebound ends up at 38,233.41; Nifty above 11,450

Ø Goldman too warns against yield curve panic

Ø Jet Air buyer will have to bring in Rs 4,500 crore
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...