Thursday 16 May 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Business Standard :*


Ø  Trade Deficit widens to $15.33 billion in April

Ø  U.S. factory output drops for third time in 4 months

Ø  Independent directors come under corp ministry scanner

Ø  TCL and TGBL to merge consumer businesses

Ø  NCLAT admits HUDCO plea claiming dues from Bakshi

Ø  Sterlite Power commissions first project in Brazil

Ø  ArcelorMittal resolution plan violative of IBC: Ruia

Ø   India's services exports rise 6.6% in March; services imports up by 10.55%

Ø  Hindustan Zinc, Tata Steel lean on 'digitised mines' to boost productivity

Ø  Home buyers to pay 12% GST on dues if project gets completed before Apr 1

Ø  Indian Railways eyes Maruti cars to boost freight business by 2030

Ø  Lupin's Q4 disappoints on soft India sales, higher tax and interest costs

Business Line
 

*Mint :*


Ø  Coonoor tea earnings surge by over 21 per cent

Ø  Maharashtra sugar czar slaps seizure notices on 68 mills

Ø  Global sugar deficit likely to be 2.34 mn tonnes in 2019-20

Ø  Govt plans to divest 15% stake in RITES; to fetch ₹700 Cr

Ø  Welspun Enterprises Q4 net up 17% at Rs 30 cr

Ø  Lupin reviews details of US lawsuit on drug pricing
 
Ø  MEA refuses to share details on extradition of Vijay Mallya, Nirav Modi

Ø  NSE penalises 250 companies for non-compliance of listing, disclosure norms

Ø  HDFC ties up with India Mortgage Guarantee Corp

Ø  Mahindra Partners buys out Matrix's stake In Centre For Sight for ₹206.5 crore

Ø  Central Bank of India Q4 loss widens to₹2,477cr on high provisioning

Financial Express
 

*Deccan Chronicle :*


Ø  SAT sets aside Sebi’s order against Piramal Ent, others in insider trading control lapses case

Ø  GSP countries to benefit from trade war with China, says report

Ø  Govt plans 400 MW storage-linked renewable projects

Ø  Jet Airways' overseas rights to be allotted to other carriers
 
Ø  Rupee rises for 2nd straight day; settles up 10 paise at 70.34 vs USD

Ø  Sensex tumbles 204 points; Nifty ends below 11,200

Ø  CII to focus on enhancing industry competency, job creation

Ø  Promoters find it difficult to exit insurance business

Ø  Audit report finds 107 cases of shady lending at IL&FS
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...