Wednesday 28 August 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Business Standard :
@AlliesFin

Ø China's new pharma law may open door for India: Report

Ø Jio beats Airtel to be top telecom revenue earner

Ø Bank recapitalisation unlikely to deliver much: S&P

Ø Major relief to stressed realty sector on the anvil

Ø Mutual funds are not there to provide risk capital: Sebi chief

Ø HDFC Life will continue to beat industry growth: CMD

Ø Rupee posts biggest single-day gain in 5 months

Ø RBI's fund transfer eases Centre's gross tax revenue target to 16%

Ø RBI's bonanza to give govt ammunition to fight slowdown, boost capex

Ø Govt to consider relaxing FDI norms in single brand retail on Wenesday

Ø Microfinance industry to cross Rs 1 trn loan portfolio in Q2 FY20: Report

Ø Sebi asks MF trustees to be more proactive, not wait for regulator to act

Business Line



*Mint :*


Ø India calls for uniform GAP standards in SAARC nations

Ø Chemical industry seeks restoring tax incentive for R&D

Ø Tata Metaliks plans to double ductile iron pipe production

Ø Elgi Equipments’ US-subsidiary Pattons expands into LA

Ø IndiGo looking for new formula to induct wide-body aircraft: CEO

Ø PFC gets shareholders’ approval to raise ₹70,000 cr in a year

Ø S&P places IDBI Bank on credit watch negative owing to capital breach

Ø Antitrust watchdog CCI to assess media, broadcasting sector

Ø CG Power to monetize non-core assets, raise fresh equity

Ø Irdai sets up single point of contact for regulatory sandbox

Ø DHFL seeks board's approval to raise funds via share sale


Financial Express



*Deccan Chronicle :*


Ø FM Nirmala Sitharamana blasts critics of RBI transfer of surplus funds to govt

Ø SBI says doesn’t need capital from government

Ø Cabinet to soon consider India-Mauritius free trade agreement for approval

Ø Government says FDI in chemical industry very low; asks industry to introspect

Ø With aim to create 40,000 jobs, vivo to pump in Rs 7500 cr to ramp up mfg in India

Ø Maruti Suzuki cuts 3,000 contract jobs

Ø Infosys closes Rs 8,260 cr buyback offer, takes back 11.05 cr shares

Ø Indian economy set for weakest quarter of growth in five years: report
By: via @AlliesFin Serve T.ME/ALLiESFiN

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*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...