Tuesday 22 October 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times
 
 
Business Standard

Ø  Oil industry issued advisory to avoid Malaysian palm oil
Ø  Household wealth more than doubles to $12.6 tn in 2019
Ø  China seeks WTO okay for $2.4 bn tariffs on US goods
Ø  Drug companies reach settlement ahead of landmark US opioids trial
Ø  Infosys responds to whistleblower 'expose'
Ø  No another vote on Brexit deal: UK speaker
Ø  Broadband India Forum backs Jio, asks Trai to scrap IUC

 
 
Ø  Govt likely to extend benefits to exporters under MEIS till 31 March
Ø  India contributes 7% to global wealth rise, says Credit Suisse report
Ø  Piramal Enterprises profit before tax rises 29% to Rs 733 crore in Q2
Ø  Adani, GMR in fray to commercially redevelop Chandigarh railway station
Ø  Bharti Infratel posts 61% jump in net profit at Rs 964 crore in Q2FY20
Ø  RBI steps in to raise deposit insurance cover for customers from Rs 100,000
Business Line
 
 
Mint
Ø  UltraTech Cement net up 63 per cent on lower cost, higher realisation
Ø  Adani, Tata Power plants among those seeking coal linkages without curbs
Ø  Hotels, travel aggregators start refunding GST
Ø  Rane (Madras) Q2 net plunges 80% on sluggish demand
Ø  Shree Cement July-September profit jumps five-fold to Rs 313 crore
Ø  Adani commissions 50 MW wind energy plant
 
 
Ø  Piramal Capital and Housing Finance net revenue grows 13% to ₹1,954 crore in Q2
Ø  Centre may allow consumers to choose electricity supplier offering lowest tariff
Ø  Bharti Infratel, Indus Towers merger gets delayed; new panel to explore options
Ø  Embassy Office Parks, Actis, others  bid for Mapletree’s tech park
Ø  Centre’s EPFO dues surge to ₹9,115 crore amid fiscal pressure
Financial Express
 
 
Deccan Chronicle
Ø  Reliance on short-term funding poses risk to vehicle finance companies: Moody's
Ø  Japan has huge export potential in pharma, gems and jewellery sectors: FIEO
Ø  Govt’s stringent commitment to low inflation hurting farm sector: Nobel laureate Abhijit Banerjee
Ø  Piyush Goyal says differences resolved with US over trade deal
Ø  India turns refined copper importer after 18 years: Care
 
 
Ø  New foreign trade policy may have simpler export promotion schemes
Ø  Whistleblower complaint placed before audit committee: Infosys
Ø  FPIs pour in Rs 5,072 cr into Indian capital markets in October so far
Ø  Share of ready housing units rises to 12 per cent in September quarter
Ø  Pension beneficiaries’ bank accounts to be linked to Aadhaar
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...