Friday 13 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Business Standard

Ø Aug retail inflation rate climbs, rate cut hopes high
Ø RBI cuts risk weight on consumer credit to 100 percent
Ø U.S., China tariffs could lower global GDP by 0.8%:IMF
Ø Domestic air passenger traffic slips to 1.8% in July
Ø Govt cover for borrowers with bad credit score
Ø SBI revises service charges from October 1
Ø Altico defaults on interest payment, raises concern


Ø RIL's e-auction mechanism for new KG-D6 gas; bidding likely on Oct 11
Ø Hindustan Unilever emerges front-runner for Dinshaw's Dairy Foods
Ø For the first time in FY20, RBI becomes net seller of dollars in July
Ø L&T bags contract worth up to Rs 2,500 in Maharashtra and Odisha
Business Line

Mint
Ø Bhushan Power: JSW Steel to move NCLAT on Sept 13
Ø Finance Secretary to chair review meeting of PSBs
Ø Saudi, Russia call for compliance with OPEC+ supply curbs
Ø India Inc revenue growth in Q1 skids to 11-quarter low of 5.7%
Ø Reliance moots ‘supply or pay’ model for new gas fields
Ø Vedanta Sesa Goa working on drought mitigation measures in Chitradurga

Ø RBI increases banks' loan exposure limit to single NBFC
Ø PE-backed real estate lender Altico defaults on debt payment
Ø ECB cuts key rate, to restart bond purchases
Ø Ola, Uber factor not major reason for auto slowdown: Maruti to FM
Ø SBI launches OFS to sell stake in life insurance biz
Ø Hiranandani plans ₹2,000 crore investment in warehousing business
Financial Express

Deccan Chronicle
Ø Finance Secretary Rajiv Kumar to meet heads of PSU banks on September 19
Ø NCLAT to hear Shapoorji Pallonji’s plea on Adani Power bid for Korba West Power
Ø Govt may provide incentives to leather sector to boost exports

Ø Rupee rises for 6th day, spurts 52 paise to 71.14 vs USD on trade truce hopes
Ø Iron ore glory days numbered as China slows
Ø Retail inflation inches up to 10-month high of 3.21 pc in August
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...