Friday 17 May 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Business Standard :*


Ø PNB not to sell stake in housing finance arm

Ø Niti Aayog bats for ending data monopoly

Ø India to benefit from US-China trade war: Experts

Ø RBI directs NBFCs to appoint chief risk officer

Ø Arcelor Mittal clarifies terms of Essar Steel bid

Ø Trump's Huawei threat is to halt China's global rise

Ø Reliance-BP makes 1st bid for oil block

Ø Govt buys 29.26 mn tonnes wheat, set to achieve target of helping farmers

Ø Funding crisis to worsen unless India pumps more cash into financial system

Ø Only Rs 39,500 cr for distribution among Essar creditors, CoC tells NCLAT

Ø Hindalco Industries Q4 profit down 37% to Rs 236 cr on higher input costs

Ø HFCL Q4 profit dips to Rs 52 crore, order book at record high

Business Line


*Mint :*


Ø Vedanta, ONGC, RIL-BP in fray for oil, gas blocks offered under OALP-II, III rounds

Ø Ashok Leyland bags order for 400 minibuses from Senegal

Ø KPIT net profit at ₹30.9 cr in March quarter

Ø JSW Energy logs Rs 6 cr profit in Q4

Ø Petronet LNG Q4 net falls 16% to₹440 crore

Ø JK Tyre skids on high raw-material cost; Q4 net plunges 79% at ₹34 crore

Ø Goldman Sachs to buy United Capital for $750 million

Ø L&T acquires 8.86 lakh shares of Mindtree; takes overall holding to 26.48%

Ø Hindalco not perturbed by European Commission process on Aleris

Ø Indian rice prices slide to 7-month low as demand stalls

Ø Essel Group to sell 3 road assets to CDPQ

Ø SIDBI Q4 net jumps 28% to ₹519.36 crore

Financial Express



*Deccan Chronicle :*


Ø Mastercard to invest Rs 7,000 crore, double headcount in India

Ø Electricity generation seen rising 6.4% in FY20

Ø Bank of India back in the black, posts Rs 252 crore profit in Q4

Ø Jet Airways sale: SBI Caps rules out Darwin as potential investor

Ø Rupee rises for 3rd day; vaults 31 paise to 70.03 vs USD

Ø COAI favours minimum broadband speed of up to 2 Mbps for 4G network

Ø Vedanta bids for 30 oil & gas blocks

Ø Pennar Industries gets NCLT nod for merger
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...