Friday 24 May 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times

Business Standard

Ø India's rating hinges on policies of new govt: Moody's
Ø Adani Ports to set up first container terminal outside India in Myanmar
Ø De-growth in domestic traffic due to Jet Airways grounding: Icra
Ø DP World acquires 76% stake in KRIL
Ø Startups to restart talks on issues with govt
Ø Modi's big win signals strong GDP growth to continue


Ø EPFO may suspend investment in private sector bonds, say sources
Ø Nippon Life, Reliance Capital sign deal for sale of mutual fund arm
Ø GIC Q4 PAT down 19.7% at Rs 603 cr on provisioning for IL&FS exposure
Ø Basmati exporters hold shipments to Iran fearing payment defaults
Ø Domestic pharma companies eye robust growth from US market in FY20
Business Line

Mint
Ø Steel Strips Wheels bags orders for 400,000 wheels
Ø New govt to award lease rights for 6 non-metro airports to Adani
Ø Hindujas may invest₹1,500 cr in Jet
Ø Stable govt to boost economic growth, foreign fund flow: India Inc
Ø After OFS, promoter stake in Adani Green reduces to 80%

Ø China says door open to trade talks, but slams tech controls
Ø Spectrum auction, 5G trials top Telecom Ministry agenda for new government
Ø Stock market wealth grew by ₹75 lakh cr since Modi-led NDA won polls in 2014
Ø Liberalization of debt financing norms: The need to evaluate investment models
Ø DHFL Pramerica MF merges schemes with risk debt, launches side pocket in 2 FMPs
Financial Express

Deccan Chronicle
Ø BJP’s victory to improve biz sentiment, boost pvt investment: Fitch
Ø EU, China, Thailand join hands against India’s ICT products tariff
Ø Ola Fleet Tech gets Rs 40-crore loan from Tata Motors Finance
Ø April witnesses 96% fall in M&A deal values: Report

Ø Rupee pares gains, settles 36 paise down at 70.02
Ø Sensex sheds 298.82 to close at 38,811; Nifty shrinks to 11,650
Ø Paytm Payments Bank posts profit of Rs 19 cr in FY'19
Ø Hulst BV acquires additional 98,100 shares in NIIT Technologies
By: via @AlliesFin Serve T.ME/ALLiESFiN

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*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...