Tuesday 30 July 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Business Standard

Ø Panel to meet again on funds transfer: Bimal Jalan

Ø IBC Amendments to ensure greater clarity: FM

Ø Slowdown, NBFC crisis pose fresh NPA scare: Moody's

Ø India benefited modestly from US-China trade war: SBI

Ø Paytm Money plans to start stock broking services

Ø SBI cuts deposit rates, keeps lending rates unchanged

Ø Vodafone Idea to close m-pesa business





Ø Parliament passes bill to curb ponzi schemes, protect poor investors

Ø India bond yields drop as FM says govt won't rethink foreign bond plan

Ø Number of pending appeals against Sebi's decisions rose in FY19 at SAT

Ø Tax rise for high earners may trigger fund flight from India: Bimal Jalan

Ø India's non-basmati rice export falls after govt withdraws tax incentive

Business Line





Mint

Ø As revival plans fail, NCLT orders IVRCL’s liquidation

Ø IFSC boost: CBDT gives compliance relief to non-resident investors

Ø India's renewable energy cost lowest in Asia Pacific: report

Ø Shortage of cane: EID Parry to shut Pudukottai sugar factory

Ø DLF Q1 profit zooms to ₹413 cr

Ø Cipla, Alvotech in pact for commercialisation of Humira biosimilar





Ø Sebi seeks public comments on issues related to proxy advisers

Ø Telcos may have limited participation in 5G spectrum auction

Ø Indian drug makers scouting for partners in China: report

Ø IOC-Adani Gas JV to invest Rs9,600 crore in city gas projects

Ø Dr Reddy's Lab Q1 net profit rises 45% to₹663 crore

Ø Bank of Maharashtra clocks ₹81 crore profit in June quarter

Financial Express





Deccan Chronicle

Ø Flipkart-owned PhonePe receives Rs 698-cr infusion from parent company

Ø DoT issues guidelines for 5G trials across all available spectrum bands

Ø CCI approves acquisition of Sundaram BNP Paribas by Sundaram Finance

Ø India’s crude steel output grows this much in June





Ø Rupee does U-turn, settles 14 paise up at 68.75 against US dollar

Ø Sensex ends 196 points lower on weak global cues

Ø Sitharaman seeks more rate cuts, says no review on overseas borrowing plan: report

Ø Leather exports decline despite government incentives
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...