Friday 21 June 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø NCLT admits Jet Airways into bankruptcy process

Ø DBS revises India GDP forecast for FY20 down to 6.8 pc

Ø New industrial policy to be announced soon: Prez

Ø MPC members voted for cut but flagged risks to inflation

Ø Adding 78,000 petrol pumps is uneconomical: Crisil

Ø China asks India to take an independent call on Huawei

Ø 30 new judges appointed in NCLT courts across India



Ø Moody's downgrades Tata Motors with negative outlook on JLR worries

Ø EPFO halts investment in private sector bonds due to NBFC crisis

Ø Worst growth for India's corporate bonds in over 10 years fuels concern

Ø Mining's share of India's GDP fell to 1.53% in FY18 from 1.93% in FY13

Ø Govt identifies 5,106 risky exporters who fraudulently claimed GST refunds

Business Line



Mint

Ø FSSAI plans to expand notified entry points for food imports

Ø Recovery of bad debt from steel companies to dip

Ø GAIL hires LNG carrier from Mitsui

Ø Jaypee Infratech resolution plan: Creditors await NCLAT hearing

Ø Cairn Oil & Gas shortlists Lloyd’s Register for developing OALP-1 blocks

Ø NHPC ties up 2,500-MW thermal power



Ø Govt to push campaign against black money at faster pace: President Kovind

Ø Credit, deposit growth loses momentum: RBI data

Ø L&T to get three board positions at Mindtree

Ø Oil jumps 3% to $63 as Iran shoots down US drone in Gulf

Ø Retail, FMCG to add 2.76 lakh new jobs in April-September FY20

Ø Sebi panel proposes cut in liquid funds’ exposure to NBFCs, HFCs

Financial Express



Deccan Chronicle

Ø Bajaj Holdings buys majority stake in MSL as Maharashtra government exits joint venture

Ø Nearly one-fourth of India Inc posted losses in FY19

Ø Government starts crackdown on dummy firms

Ø Intertrust acquires tech solutions provider Viteos for $330 million



Ø Centre, states need to pursue labour law reforms: SBI report

Ø Forex trading platform for retail participants ready for rollout on Aug 5

Ø Sensex soars 489 points as dovish Fed lifts global markets

Ø Gold crosses Rs 34,000-mark, at 5-year high in global market
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...