Monday 20 May 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø MCA sees Rs 2.8 lakh cr recovery from IBC-led RP

Ø IOC to examine US sanction's impact on CPCL plans

Ø India may witness slowdown as oil imports decline

Ø DoT to soon settle merger/transfer of licences in M&As

Ø BoB looks to rationalise 800-900 branches

Ø Pre-monsoon rainfall deficit drops to 22 per cent

Ø Reliance Capital protests ratings downgrade



Ø India reports trade deficit with 11 RCEP members in FY 2018-19

Ø OPEC members meet to assess oil market after US sanctions on Iran

Ø NMDC plans to acquire 100 per cent stake in Australia's Legacy Iron-Ore Ltd

Ø Debt-ridden Essar Steel reports Rs 4,229 cr EBITDA during insolvency period

Ø ICICI-Videocon loan case: Kochhar contests bonus clawback, ESOP termination

Business Line



Mint

Ø CBDT allows AMCs to directly manage offshore funds out of India

Ø NBFC crisis to top agenda of new govt

Ø Jet employee group offers to invest $700 million

Ø AgMA Energy plans to launch India-specific agri products

Ø No interest in taking control of IndiGo: Rakesh Gangwal

Ø Dredging Corporation of India wins annual contracts from Cochin and Paradip port trusts



Ø ONGC, GIP, Tripura govt eye to buy out IL&FS’s 26% stake in OTPC

Ø TCS eyes double-digit growth in FY20, says COO Subramaniam

Ø Dr Reddy’s Laboratories serves a bitter medicine in March quarter

Ø RBI's vision document on payment systems to spur digital economy: Fintech firms

Ø Life insurance industry to focus on millennials, digital-human interface

Financial Express



Deccan Chronicle

Ø IMFA posts loss of Rs 74 cr in January-March qtr

Ø Power producers seek removal of double taxation on imported coal

Ø RBI to boost card payments with 34% increase in PoS terminals by end of 2021

Ø Japan’s Orix to acquire wind assets of IL&FS



Ø GST Council may consider national bench of AAAR next month

Ø FPIs withdraw Rs 6,399 crore in May so far

Ø AstraZeneca moves US court against Aurobindo

Ø RBI releases 'Vision 2021' for payment systems for 'cash-lite' society
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...