Wednesday 21 August 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Business Standard

Ø Sebi board mulls tighter checks on rating agencies

Ø Sebi to consider easier rules for buybacks, reward for informants

Ø NCLAT refuses relief to Deloitte, BSR Associates

Ø COAI urges cut in USO fee to 3%, licence fee to 4%

Ø Govt allows airlines to use Jet slots till end Dec

Ø NCLT admits Insolvency resolution plea against HDIL





Ø Economists estimate GDP growth of 5.5-5.6% in Q1 FY20 amid slowdown

Ø Bharti Airtel may not buy 5G spectrum and 'expensive' 700 MHz airwaves

Ø IL&FS board seeks NCLT nod to sell wind assets to Orix Corp for Rs 4,800 cr

Ø Karnataka govt cancels NMDC lease for Donimalai mine, opts for auction

Ø EY sets 18-month timeline for merger of three insurance companies

Business Line





Mint

Ø CG Power reports huge financial fraud

Ø Dr Reddy’s gets 8 observations from USFDA for its Duvvada facility

Ø Emami Agrotech plans Rs 700-cr cap-ex over next 12 months

Ø Floods, landslides lay waste areca plantations on 1,900 acres

Ø IndiGrid eyes power transmission assets worth Rs 8,000 cr





Ø Govt cancels coal block jointly allocated to NTPC, JKSPDC

Ø Compliance culture of Indian banks unsatisfactory: RBI deputy governor

Ø Apple to pump in $6 billion to compete with Amazon, Netflix

Ø TCS surpasses RIL to reclaim most valued firm by market capitalisation

Financial Express





Deccan Chronicle

Ø Lenders may be forced to convert Rs 4,00,000 crore of their DHFL debt into equity: Union Bank

Ø Jaiprakash Associates to appeal against CCI order

Ø GAIL to invest Rs 45,000 crore in expansion of pipelines, city gas network





Ø Rupee hits fresh 6-month low of 71.71; dives 28 paise

Ø Gold touches fresh all-time high of Rs 38,770 on jewellers' buying

Ø Crude oil futures up on positive cues

Ø Hyundai to put in Rs 7,000 crore
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...