Tuesday 23 July 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times





Business Standard

Ø Government to exit out of 23 CPSEs

Ø Need to grow over 8 % to become 5-trn economy: Kant

Ø GST Council may weigh GST on petroleum on July 25

Ø HPCL refuses to recognise ONGC as its promoter

Ø No estimate of Black Money in Swiss Banks: Sitharaman

Ø Icra, Care question Grant Thornton's report on IL&FS

Ø NSE to suspend trading in eight DHFL NCDs





Ø India's edible oil imports may rise by 7.3% to record highs in FY20: Expert

Ø IOC plans to invest Rs 1 trillion more in Odisha to set up petchem units

Ø Jaypee Infra promoters propose to repay all lenders, complete projects

Ø NTPC to seek shareholder nod to raise Rs 15K crore, hike borrowing limit

Ø SC orders status quo on NCLAT verdict in Essar Steel insolvency case

Business Line





Mint

Ø TVS Motor’s Singpore arm invests $7 m in US credit underwriting firm

Ø United Spirits Q1 net up 25.66% at Rs 181.7 cr

Ø Tata Power plans ₹2,500-cr asset sale to pare debt

Ø With customs duty hike, cement importers in the south in a bind

Ø NCLAT stays liquidation order against Adhunik Metaliks





Ø TVS Motor posts 7.22% growth in Q1 standalone revenues at Rs4,469 crore

Ø Kotak Mahindra Bank Q1 net profit rises 33% on lower provisions

Ø Oriental Bank of Commerce Q1 net profit at₹113 crore

Ø Investments via P-notes decline to ₹81,913 crore in June

Ø HDFC twins erase $6.4 billion market value

Financial Express





Deccan Chronicle

Ø Housing sales down 11 per cent in Q1; demand to rise on tax sops: PropTiger

Ø Bengaluru-based Jana Small Finance Bank has second highest NPAs under Mudra scheme

Ø Osaka Gas, JBIC invest $100 million to take minority stake in AG&P

Ø ‘IMF, World Bank should consult developing economies’ not RBI’s official view





Ø India will achieve 8 pc plus growth from FY 2020-2021 onwards: NITI Aayog

Ø Gold touches all-time high of Rs 35,970 per 10 gram

Ø Inter-ministerial group suggests ban on cryptocurrencies in India

Ø Big Four accountants may face CCI probe
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...