Wednesday 19 June 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø EPFO bars portfolio managers from investing in group companies

Ø China could soon lose the 'world's low-cost factory' tag

Ø Bankruptcy plea against Jet to be heard Wednesday

Ø Govt begins groundwork for capital infusion in RRBs

Ø Govt to act tough on bogus IGST refund claims

Ø SAT stays Sebi order banning NDTV promoters

Ø Govt tightens noose against shell companies



Ø Investor confidence at lowest level since global financial crisis: BofAML

Ø Reserve Bank to infuse Rs 12,500 cr in economy through govt bond purchases

Ø Mauritius to green light offshore funds, advisory services in 60 days

Ø Reserve Bank of India fines HDFC Bank Rs 1 cr for violation of KYC norms

Ø Odisha govt looks to sell minority stake in loss-making Neelachal Ispat

Business Line



Mint

Ø RBI panel recommends doubling collateral-free loans for MSMEs

Ø Govt to verify exporters’ claims before sanctioning IGST refund

Ø Terms of contract extension for Rajasthan block a ‘risk’: Vedanta

Ø Ramco Cements to invest Rs 3500 crore for capacity expansion

Ø World to get half its power from wind, solar by 2050



Ø Sebi permits stock exchanges to introduce futures on commodity indices

Ø India Ratings downgrades PNB's ₹6,750-crore AT1 bonds

Ø Two independent directors of Jet Airways, Ashok Chawla and Sharad Sharma, resign

Ø Industrialized nations oppose proposal to reasses revenue loss due to moratorium

Ø Govt, RBI promise to address concerns on data localization rule

Financial Express



Deccan Chronicle

Ø RBI to examine concerns over data localisation rule: Government

Ø Vedanta’s credit profile may weaken if Volcan Investments draws more resources: Moody’s

Ø Bangladesh seeks Indian investments in 100 Special Economic Zones

Ø Wind capacity addition likely to improve to 3.5-4.0 GW in FY20: Icra



Ø Rupee snaps 3-day losing streak; rises 21 paise to 69.70 vs USD

Ø Manufacturing, infrastructure to add 58,200 jobs in Apr-Sept FY20

Ø Mauritius rule changes may hit offshore funds

Ø Naphtha becomes bad news for global economy
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...