Wednesday, 3 July 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø RBI powers wide ranging, comprehensive: FM

Ø UK finance minister warns of £90 bn no-deal Brexit 'hit'

Ø Wilful defaults in India cross $21 bln in 2018-19

Ø Coal scam: Jindal Steel and Power refutes charges

Ø Supreme Court dismisses DoT plea against TDSAT order

Ø Bank frauds on a downward trajectory, says FM in LS

Ø PNB, 4 others fined by RBI for KYC norms violation



Ø Export-promotion forum, trade fair to boost farm cooperatives: Govt

Ø Wilful defaults cross $21 billion in 2018-19; SBI accounts for a third

Ø 2.5% import duty waiver on iron ore lumps a cost relief for steel mills

Ø Crisis-hit NBFCs seek special refinance window under Mudra scheme

Ø ED summons chief rating officers of ICRA and CARE in IL&FS probe

Ø Adani group's power distribution company grapples with regulatory issues

Business Line



Mint

Ø OIL, Vedanta bag most blocks under OALP II, III

Ø Essar Steel bags Rs 5,000 cr order from Posco

Ø NCC bags Rs 359 crore worth orders in June 2019

Ø Simens sets up protection automation lab for PowerGrid

Ø Alembic Pharma gets USFDA nod for Febuxostat tablets

Ø India closing in on using 100 million tonnes of steel



Ø Air India Assets plans ₹22,000 crore bond sale to refinance debt

Ø Jaypee Infratech: NCLAT tells lenders, allottees to appear on July 17

Ø L&T pays Mindtree shareholders for shares accepted in open offer

Ø Supreme Court dismisses DoT plea in RCom spectrum sale

Financial Express



Deccan Chronicle

Ø Oil prices slip as demand worries outweigh OPEC supply cuts

Ø Strides Pharma Puducherry unit receives warning letter from USFDA

Ø Nirmala Sitharaman says demonetisation had no effect on Indian economy

Ø Trade wars: US proposes tariffs on another $4 billion of EU goods



Ø ONGC discovers 230 mn tonnes of oil reserves: Pradhan

Ø IOC to hire foreign vessel as local carriers stay off

Ø Solar imports drop 40 per cent in January-March

Ø Water scarcity hits sugar mills in Tamil Nadu

Ø Vijay Mallya appears before UK court in extradition case
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