Tuesday 28 May 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Business Standard :*


Ø  FinMin starts groundwork for fresh bank consolidation

Ø  India's economy big worry for Modi: FICCI

Ø  Airtel submits Rs 644 crore bank guarantee for merger

Ø  IndiGo Q4 profit jumps 5-fold to Rs 590 crore

Ø  Provide names of big loan defaulters: CIC to RBI

Ø  Radio City to acquire 40 Big FM stations for Rs 1,050 cr

Ø  Arcelor, Resurgent said to mull joint bid for Essar plant
 
Ø  China's planned curbs on aluminium scrap imports nettles Indian players

Ø  India Inc Q4 revenue growth slumps to six-quarter low of 10.7%

Ø  Indian Hotels to go on global expansion spree, may opt to buy out firms

Ø  Avendus Future acquires stake in Bikaji Foods for Rs 40 crore

Ø  Lupin's Goa plant may face regulatory action, says USFDA after inspection

Business Line
 

*Mint :*


Ø  BHEL Q4 results: Net profit jumps 50 per cent at ₹682.7 crore

Ø  Colgate-Palmolive Q4 net up 4.7% to Rs 197.50 cr

Ø  Inventory write-off drags Natco Pharma’s net down 60%

Ø  Pension scheme provisioning pushes Oil India into red

Ø  NHPC net up 2.5 times in Q4

Ø  HAL’s Q4 profits 13.09% higher
 
Ø  PIL against the operations of the Paytm Post Paid Wallet filed in Delhi HC

Ø  Zee Entertainment Enterprises Q4 net profit up 26.8% to ₹292.53 crore

Ø  Kerala to levy 1% flood cess from 1 June

Ø  Govt proposes WTO-compliant schemes to boost Make in India

Ø  Zee stake sale to be completed by July, says Punit Goenka
 
Financial Express

 
*Deccan Chronicle :*


Ø  GDP growth in Q4 likely to moderate to 6.1-5.9%, may lead RBI to cut rates: SBI report

Ø  Bid for BPSL: Lenders move NCLAT for quick approval to JSW Steel’s plan

Ø  Ingen resolution plan for Orchid Pharma rejected again
 
Ø  India Inc revenue growth in Q4 hits six-quarter low of 10.7 pc

Ø  Confident of timely payment of salary for May: BSNL chief

Ø  Amid recovery in greenback Rupee settles with 2 paise gain against USD

Ø  Emami’s net sales up 5 per cent at Rs 635 crore
By: via @AlliesFin Serve T.ME/ALLiESFiN

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Bharat India Daybook Stocks in News *Jupiter Wagons:* Net profit at Rs 105 crore, Revenue at Rs. 1115 crore, up by 57 % YoY. (Positive) ...