Monday 23 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Blackstone REIT’s success lures global funds to India

Ø No plans to revise fiscal deficit target: Sitharaman

Ø SBI to roll out co-lending model with 4-5 NBFCs

Ø Committed to meet India's energy needs: Saudi envoy

Ø Default rating puts RCap's $5 bn debt at risk

Ø Scooters India strategic sale on hold amid auto slump

Ø Petronet signs $ 2.5 bn deal for stake in US LNG plant



Ø Top 1,000 listed firms may see tax savings of Rs 37k cr on tax cut: Crisil

Ø PM Modi meets energy sector CEOs in US, discusses investment opportunities

Ø 361 infra projects show cost overruns of over Rs 3.77 trillion, says report

Ø Reliance Capital protests after rating agency downgrades debt to 'default'

Ø Hero MotoCorp might see reduction in earlier-projected capex of Rs 1,500 cr

Business Line



Mint

Ø Tax cut a big boost for foreign firms to invest in India: FM

Ø India’s coal import declines about 4% to 19 mn tonnes in July

Ø Petrol price soars ₹1.59/ltr, diesel ₹1.31/ltr after Saudi Arabia attacks

Ø Oil and gas sector expects 5% GST to favour hydrocarbon exploration

Ø Cipla announces closure of USFDA inspection at Bengaluru facility

Ø Dr Reddy’s halts worldwide supply of Ranitidine



Ø Govt working on measures to make steel sector 'globally competitive'

Ø Altico says evaluating options after default

Ø Big Oil’s future may rest on climate debate over natural gas

Ø HKEX said to rope in UBS, other banks to court LSE investors

Ø Big Oil’s future may rest on climate debate over natural gas

Ø Cipla announces closure of USFDA inspection at Bengaluru facility

Financial Express



Deccan Chronicle

Ø US likely to escalate trade war with China if no deal is agreed soon

Ø WTO dispute over India’s tariffs on ICT goods: US seeks setting by up of dispute panel

Ø Government to make changes in rules of trade remedies to make them more effective

Ø Thomas Cook nears collapse as travel giant relying on unlikely govt bailout



Ø Non-life insurers register 17 pc rise in Aug new premium income at Rs 15,964 cr

Ø FPIs withdraw Rs 4,193 cr from capital markets in Sept so far

Ø Sugar industry set to start exports to China, Iran

Ø SFIO challenges NCLT probe orders

Ø Banking, FMCG to benefit from corp tax cut; pharma, IT to remain untouched: 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...