Tuesday, 7 May 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø E-comm policy, data localisation figure in Indo-US meet

Ø Trade war would be 'bad for the world': Buffett

Ø Bharti Airtel posts surprise Q4 profit of Rs 107 crore

Ø L&T buys Rs 113 cr Mindtree shares in open mkt

Ø ICICI Bank Q4 profit drops 5% to Rs 969 crore

Ø Jaypee Infra lenders to mull NBCC revised bid



Ø Policy to boost exports on anvil as trade deficit hits new high of $176 bn

Ø State-owned discoms' debt set to rise to pre-Uday levels of Rs 2.6 trn

Ø Forgers are forcing $9-trillion global trade financing into digital age

Ø Govt cannot ensure cheaper oil to India, says US commerce secretary

Ø HDFC Bank board may go for splitting stock into two later this month

Business Line



Mint

Ø Wockhardt Q4 net loss narrows to Rs 14.47 cr

Ø Industry bodies list key issues for GST Council meet next month

Ø Gujarat Gas net jumps 77% in March quarter

Ø PFS reports Q4 net profits at Rs 36.76 crore

Ø Liquidation process for ABG Shipyard commences

Ø Medlife acquires Bengaluru-based Myra Medicines



Ø NRIs can remit up to $1 mn from sale of property in India

Ø Investor wealth erodes by ₹1.24 lakh cr as markets plunge

Ø Finance Commission to meet RBI governor, bank officials during Mumbai visit

Ø ICICI Bank: Asset quality improves but trend in slippages, provisions key

Ø UK entrepreneur says SBI allows him to bid for Jet Airways

Financial Express



Deccan Chronicle

Ø Mastercard commits $1 bn investment in India in next 5 yrs; to develop India as global tech node

Ø Anand Piramal, Kris Gopalakrishnan, Accel Partners, others pouring $74 million in Mukesh Bansal’s CureFit

Ø China gives modest boost to economy with RRR cut amid renewed trade tensions

Ø India’s services sector output growth at 7-month low in April: PMI



Ø Sensex slumps 363 pts as US-China trade talks derail

Ø End-user IT spending in India to reach USD 15 bn in 2019: Report

Ø Sun Pharmaceutical eyes Chinese market

Ø Over 100 US cos visiting India to explore business opportunities
By: via @AlliesFin Serve T.ME/ALLiESFiN

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