*Business Standard :*
Ø RBI forms 2 panels to strengthen sale of stressed assets
Ø GAIL seeks NCLT pass to admit claim against Videocon
Ø 10 yr tax break on builders' rental profit on anvil
Ø NCLAT asks IL&FS firms classified green to pay debts
Ø PNB sets Rs 20,000 crore recovery target in FY20
Ø Telecom cos seek govt's help to unlock Rs 1,400 cr
Ø NHB orders home financiers to appoint risk officer
Ø RCom panel of creditors meeting on May 30
Ø India 43rd most competitive economy, Singapore tops the list: Report
Ø IDBI Bank invites bids for MF arm; ICICI Securities selected as advisor
Ø Adani Enterprises' Q4 net profit up 47% at Rs 266 cr on energy biz volumes
Ø Domestic air traffic registers negative growth in April, worst in 5 years
Ø Singapore court rejects India's plea in case against Nissan: Report
Business Line
*Mint :*
Ø Adani power reports net profitof Rs 634.64 crore for March-quarter
Ø RITES registers ₹132 crore net profit in Q4, up 70%
Ø West Coast Paper Mills to buy majority stake in International Paper APPM
Ø L&T picks up about 98,000 shares of Mindtree, raises stake to 28.87 per cent
Ø Mah & Mah consolidated Q4 net falls 16% to₹969 crore
Ø TARI model to gauge sectoral economic value
Ø PowerGrid Q4 profit up 52% at ₹3,053.56 crore
Ø SBI to raise up to ₹5,000 crore by issuing Basel III-compliant bonds
Ø Hyundai says evaluating market for more SUVs, EVs in India
Ø RBI sets up committee for development of housing finance securitisation market
Ø RBI extends relaxed norms for NBFC loan securitisation till December 31
Ø Ascendas-Singbridge plans to double India office portfolio
Financial Express
*Deccan Chronicle :*
Ø PNB to mop up Rs 10K cr from non-core asset sale, rights issue, write-back
Ø Finolex Cables Q4 net profit rises 4 pc to Rs 84.9 crore
Ø Spanish firm’s Rs 550-crore quick freezer plant to come up in Ludhiana
Ø Jaypee Infra insolvency: Lenders put 5 conditions to NBCC for considering bid
Ø Non-oil companies may get into fuel retailing, govt invites public comments
Ø United States removes India from currency monitoring list
Ø Rupee slips 14 paise to 69.83 vs USD
Ø Sri Lanka signs port deal with India, Japan to develop container terminal
Ø Bharti Telecom stake in Airtel comes down to 41.24 per cent
Ø HDFC disburses Rs 2,300 cr as subsidy under PMAY
By: via @AlliesFin Serve T.ME/ALLiESFiN
