Thursday 13 June 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Business Standard :*


Ø  April IIP rises to 6-month high at 3.4%

Ø  Retail inflation spikes to 7-month high of 3.05% in May

Ø Subramanian's growth estimates omit productivity: CII

Ø  ATC opposes consolidation of books of Videocon group

Ø  Tata Motors global sales dip 23% in May

Ø  M&As plunge 54 percent in May to $2.8 billion

Ø  DoT may debar BSNL from LWE-II connectivity program

Ø  FDI flows to India grew 6% in 2018: UN report

Ø  Jalan panel defers report on RBI surplus funds after lack of consensus

Ø  Rs 2-trillion bank frauds in 11 years: ICICI Bank, SBI report maximum cases

Ø  Sebi moves SC against NCLT order on IBC overriding regulators' laws

Ø  Japan to invest Rs 13,000 cr in northeast in infrastructure projects

Ø  UP govt launches fight against shell firms, 317 companies face action

Ø  Indiabulls approaches SC, seeks early hearing in petition against it

Business Line
 

*Mint :*


Ø  PWC resigns as statutory auditor of Reliance Capital, Reliance Home Finance

Ø  Madras HC allows more parties to join Sterlite case

Ø  Sintex Industries defaults on ₹89-crore payment

Ø  Tata Power Solarrolls out residential rooftop campaign

Ø  Alembic Pharma to raise up to Rs 300 cr via NCDs
 
Ø  Due to Jio, India is home to world's 2nd largest internet user base: Report

Ø  Sugar production in India seen sinking to 3-year low on dry weather

Ø  PFC raises $1 billion through international bonds

Ø  KKR to buy publisher Axel Springer for $7.7 billion

Ø  Ford recalls 1.2 million Explorer SUVs for suspension issue

Financial Express
 

*Deccan Chronicle :*


Ø  Food service industry to touch Rs 5.99 lakh cr mark by FY23

Ø  Walmart earmarks $1.2 billion to fund Flipkart’s operations

Ø  Govt to take steps to contain imports of defective or sub-standard steel

Ø  China inflation hits highest level in 15 months
 
Ø  UK High Court notes broad consistency in India's evidence against Nirav Modi

Ø  Rupee firms up by 10 paise to 69.34 against US dollar

Ø  IDBI Bank cuts MCLR by 5-10 bps across various tenors

Ø  Ex-CEO of IL&FS arm helped Fitch official buy villa, says probe report
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...