Tuesday 25 June 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Illicit money outflows average 10% of GDP: Parl panel

Ø RBI launches new online banking complaints system

Ø I-T Dept issues 380 notices on undisclosed assets

Ø Evaluating selling 20% stake in Shriram: Piramal

Ø Mobile subscriber base rises a tad in April: Trai

Ø Gem and jewellery industry seeks lower duty on gold



Ø RBI delays surplus transfer after finance secretary's objection: Report

Ø Sebi diktat to book expenses helps MFs pare distribution-related costs

Ø Centre resolves 615 infrastructure projects worth Rs 22.35 trillion

Ø Wilful defaulters in nationalised banks up by 60% in five years: Govt

Ø Viral Acharya unable to continue as deputy governor beyond July 23: RBI

Ø Sebi to tighten rules for pledged shares by promoter group entities

Business Line



Mint

Ø Black money stashed outside India is estimated at USD 216-490 bn

Ø Indian telcos need to invest ₹1 lakh crore in fibre networks : Crisil

Ø I-T dept issued Rs 64,700-crore refund between April 1-June 18, 2019:

Ø Chinese banana imports surge to a record high in May

Ø Future Enterprises plans to raise up to Rs 900 cr via NCDs

Ø Jet Airways creditors have time till July 4 to submit claims



Ø TCS hikes stake to 66% in Japanese JV with $32.6 million investment

Ø Promoters sell 10% stake in Emami for₹1,230 crore, shares down over 7%

Ø Filling Iran oil gap in India: US supplies outshine Middle East crude

Ø India, US nearing industrial security pact for defence tech transfers

Ø Sebi to allow IPOs by tech companies with superior voting right shares

Financial Express



Deccan Chronicle

Ø India’s May oil imports down 11% from April

Ø Oil prices rise as Middle East tensions simmer

Ø Hero, Bajaj, TVS say e-mobility transition could undermine Make in India

Ø JM Financial Fund II buys stake in co-living operator Isthara Parks



Ø Govt should hike public sector spending; incentivise private cos for new projs: Icra

Ø Rupee does U-turn, rises 23 paise to 69.35 against US dollar

Ø RBI panel defers reserves report for fourth time

Ø Home buyers body want Rs 10,000 cr 'stress fund' to complete stalled projects
By: via @AlliesFin Serve T.ME/ALLiESFiN

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