Tuesday 15 October 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times





Business Standard

Ø Govt mulls raising Rs 1 lakh threshold for invoking IBC

Ø YES Bank sells 6.56% stake in Fortis Healthcare

Ø Digital technologies to create $1 tn value by 2025: EY

Ø Total, RIL may not bid for BPCL; BP wants to see offer

Ø Adani Transmission acquires arm of REC Transmission





Ø HUL Q2 net up 21% YoY to Rs 1,848 cr; to give Rs 11/sh as interim dividend

Ø Moody's downgrades Indiabulls to B2 on fund raising challenge, governance

Ø RBI hikes cash withdrawal limit for PMC depositors to Rs 40,000

Ø Indian pharma companies spread businesses to avoid regulatory ire

Ø Assets worth Rs 3,830 cr seized, identified in PMC Bank case: ED

Business Line





Mint

Ø Reliance to swap diesel for Venezuelan crude oil

Ø Ratan Tata to invest in EV start-up Tork Motors

Ø Consumer inflation inches up close to 4% in September on costlier food items

Ø Granules India to exit from China jt venture

Ø L&T puts two thermal power units into operation in MP, UP





Ø Lenders approve JSW Energy’s resolution plan for Ind-Barath’s 700 MW power plant

Ø Rural demand remains a concern for Wipro Consumer Care and Lighting

Ø New resolution professional of Videocon seeks EoIs for 13 companies under IBC

Ø BSE to suspend trading in Manpasand Beverages, Binani Industries, 14 others

Financial Express





Dec can Chronicle

Ø Indian economy structurally, fundamentally strong: MoS Finance

Ø India to see $118 billion investment in oil, gas sector in next few years, says Dharmendra Pradhan

Ø WTO gives final approval to US retaliation in Airbus case

Ø RBI imposes Rs 1 crore fine on Lakshmi Vilas Bank, Rs 75 lakh on Syndicate Bank for violating norms





Ø Traders' body seeks govt audit into business models of Amazon, Flipkart

Ø Rupee drops 21 paise to 3-week low on fading US-China deal optimism

Ø Sensex pares gains, ends 87 points higher; Nifty closes at 11,330

Ø SBI re-enters top-10 most valued firms list; replaces Bajaj Finance
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...