Friday, 10 May 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Business Standard :*


Ø Reliance acquires iconic British toy brand Hamleys

Ø India seeks greater access for farm products in China

Ø Realty firms can opt for old GST rate till May 20

Ø India urges UK to tweak tax rules for professionals

Ø Tata Motors denies reports of sale of Jaguar Land Rover

Ø RCom's bankruptcy begins; next hearing on May 30

Ø Coal India to increase auction offering by 14% in FY20

Ø L&T acquires additional 2% stake in Mindtree; takes total holding to 26%

Ø Sebi initiates proceedings against Icra over rating given to client

Ø Promoter stake in McLeod Russel dips as ABFL sells pledged shares

Ø HDFC puts Jet's Mumbai office space for sale to recover Rs 414 cr

Ø UP sugar mills risk Rs 500 cr loss as regulator cuts power tariffs

Business Line



*Mint :*


Ø Maruti Suzuki cuts production by around 10% in April

Ø Sundram Fasteners Q4 standalone net up 15% to Rs109.54 cr

Ø Tata Steel to sell 19% stake in Oman mining arm

Ø Granules India Q4 profit zooms over 3-fold to Rs 64 cr

Ø Voltas consolidated net falls 27% to ₹ 141.75 cr in March quarter

Ø Asian Paints Q4 net slips to Rs 487.50 cr

Ø Oil dips as US-China trade worries outweigh supply disruptions

Ø PNB Housing Finance profit up 51% at ₹380 crore

Ø Indian Overseas Bank Q4 loss narrows to₹1,985 crore

Ø Inflows into equity mutual funds slump 61% in April

Ø US-China trade gap shrank in March to smallest since 2016

Ø MCA may refer Jet Airways to SFIO for fund diversion probe

Financial Express



*Deccan Chronicle :*


Ø McDonald’s strikes out-of-court settlement with Vikram Bakshi

Ø India may export 10-11 million tonnes iron ore pallets to China this year, say traders

Ø Dubious firms in MCA-21: Govt says no impact on GDP numbers

Ø Gold rises for second day on positive overseas trend

Ø India Ratings downgrades Yes Bank with negative outlook

Ø Vodafone pledges entire stake in Vodafone Idea with foreign banks

Ø E-purchase of jewellery up 38 per cent this time
By: via @AlliesFin Serve T.ME/ALLiESFiN

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