Thursday, 29 August 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Economic Times*
Ø New FDI rules to lure Apple, Oneplus, others: ICEA
Ø Cabinet clears Rs 6,268 crore sugar export subsidy
Ø Nestle to replace Indiabulls Housing Finance in Nifty
Ø US-China trade dispute presents opportunity for India
Ø DGCA calls urgent meeting with Indigo, GoAir
Ø Voda gets nod to raise share capital to Rs 50K cr

*Business Standard*
Ø India Ratings cuts growth forecast for FY 2019-20 to 6-year low at 6.7%
Ø Govt okays 100% FDI in contract mfg, eases rules for single brand retail
Ø Moody's downgrades YES Bank's ratings, changes outlook to negative
Ø After EOI submission, Synergy Group eyes 49% stake in Jet Airways
Ø IOC to invest Rs 2 trn in 5-7 yrs, develop a new energy storage technology

*Business Line*
Ø Iran suggests barter trade with India for sectors like agri, drugs
Ø Govt mulls scrapping cap on foreign investment in coal mining
Ø Piramal Enterprises defers NCD plans
Ø NCLT allows IL&FS to sell seven wind assets to Orix for Rs 4,800 cr
Ø Every economy faces headwinds, India no exception: Vedanta
Ø Indian Oil to build a 1 GW electric vehicle battery plant

*Mint*
Ø Gains from massive bond buying helped transfer higher surplus: RBI
Ø Moody's revises Indian steel producers' outlook to negative
Ø IIFL Wealth to acquire L&T Finance’s wealth management business
Ø Trai issues draft of broadcasting and cable services interconnection regulations
Ø Despite climate concerns, India further opens up its coal sector

*Financial Express*
Ø Iran to open bank branch in India in 2-3 months to boost trade
Ø Iran, India could seal preferential trade agreement by 2019 end: Iranian envoy
Ø US-China trade dispute presents opportunity for India, says DBS report
Ø Every economy faces headwinds, India no exception: Vedanta

*Deccan Chronicle*
Ø Gold nears Rs 40,000; silver soars Rs 2,110
Ø Rate cuts not enough to re-fire damp India housing market: Report
Ø Government weighing options on using RBI payout
Ø Nestle India will replace Indiabulls Housing Finance in the Nifty-50 Index
By: via @AlliesFin Serve T.ME/ALLiESFiN

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https://x.com/cnbctv18live/status/1870100490643747026?s=52 By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/Al...