Tuesday, 6 August 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

 
*Business Standard :*


Ø  FPIs exit: Govt swings into action, to hold talks on super-rich tax

Ø  Re suffers biggest fall in 6 yrs, slumps Rs 1.13

Ø  Govt begins process to auction 27 coal mines

Ø  FM says to take steps to improve economy "quickly" 

Ø  SBI invites bids for Videocon's overseas oil, gas assets

Ø  RBI imposes penalty of Rs 8.5 crore on 11 banks

Ø  IIFL Finance to raise up to Rs 1,000 crore through bond issuance
 
Ø  Credit Suisse downgrades RIL to underperform, reduces target price

Ø  Draft guidelines for e-commerce firms talk tough on deep discounting

Ø  Moody's again warns YES Bank about ratings for exposure to shadow banks

Ø  Rs 9,500-crore DIAL project to increase airport's capacity goes to L&T

Ø  Tata Motors cuts pick-up production at Pantnagar plant by 17% to 15K units

Ø  Retail investors forfeit Rs 1.33 trillion since Budget; m-cap falls 10%

Business Line
 
 

*Mint :*


Ø  Govt to take steps to improve economy “fairly quickly”: Nirmala Sitharaman

Ø  Visaka Industries to supply its hybrid solar-roofing solution, ATUM, to Air India SATS

Ø  Torrent Power Q1 net up 22 per cent at ₹276 cr

Ø  Jindal Stainless Q1 profit tumbles 26%

Ø  Shell to install solar panels at Taloja lubricant plant

Ø  Suzuki posts 46 per cent drop in Q1 profit on slowing demand in India
 
Ø  DHFL's bondholders get three-week deadline to be on board with rescue plan

Ø  Yuan slips beyond 7 per dollar for the first time since 2008

Ø  Wall Street stocks tumble on worsening US-China trade war;

Ø  Bankers agree to take steps to review lending rate transmission, says FinMin

Ø  Jalan panel to give report on RBI’s surplus reserves this month

Financial Express
 

 
*Deccan Chronicle :*


Ø  Govt may impose
countervailing duty on certain steel products from China, Vietnam

Ø  UK biggest retailer Tesco axes 4,500 supermarket jobs

Ø  Power ministry brings mechanism for stressed projects for servicing debt in first place

Ø  SAIL extends deadline for submission of EOIs for sale of 3 units
 
Ø  Bankers agree to take steps to review interest rates: FinMin

Ø  Sensex tanks over 418 points amid Centre’s Jammu and Kashmir move

Ø  Crude oil futures fall on global cues

Ø  Blackstone may buy out Indiabulls Real Estate's commercial properties: Report
By: via @AlliesFin Serve T.ME/ALLiESFiN

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