Thursday 31 October 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times





Business Standard

Ø US economy grows 1.9% in Q3 despite trade war

Ø Indian, Chinese economies to accelerate in Q4: Report

Ø Govt may not cut Income tax rates due to fiscal stress

Ø Unitech loses property in Noida over Rs 1,203 cr dues

Ø Fitch places Airtel rating on negative watch on SC ruling

Ø Govt-RIL at loggerheads over sale of gas





Ø India ranks third among Asian countries for environmental sustainability

Ø Canara Bank to issue shares to govt in lieu of Rs 6,571-cr capital infusion

Ø AIF industry eyes Rs 2.9-trillion opportunity in cash-strapped firms

Ø Standard Life sells about 5% stake in HDFC Life Insurance for Rs 5,752 cr

Ø CCI approves Abu Dhabi Future Energy's equity stake purchase in Hero Future

Business Line





Mint

Ø BHEL to showcase advanced ultra-supercritical technology for generating clean power

Ø International Paper APPM sells 55% stake to WCPM

Ø JK Tyre Q2 net profit jumps multifold to ₹168 crore

Ø Indoco Remedies posts net profit of Rs 7.81 cr in Q2

Ø SAIL may replace NMDC in JV with Australian firm for steel making

Ø Nestle to weigh $1 bn sale of local Chinese brands





Ø Abu Dhabi’s Masdar to buy minority stake in Hero Future Energies

Ø HDFC acquires 9.89% stake in Bandhan Bank

Ø COAI’s plea to DoT to bail out older telcos unwarranted: Jio

Ø Blackstone buys 37.5% stake in Aakash Educational Services

Ø ShareChat FY19 losses surge 12-fold at Rs414.7 crore

Ø KKR sells 5.46 million SBI Life shares for Rs533.7 crore

Financial Express





Deccan Chronicle

Ø Finance Commission weighing incentives for states for farm reforms

Ø Marine exports to China may cross $1-billion mark by year-end

Ø Air India seeks $819 million loan for 7 Boeing planes

Ø Apple India net profit falls 70% to Rs 262 cr in FY’19

Ø Firms bank on Commvault to leverage unstructured data sans security breaches





Ø IDBI Bank sells over 0.72 per cent stake in NSE

Ø Rupee slips 6 paise against dollar ahead of US Fed policy outcome

Ø India will not sign any free-trade agreement in a rush: Goyal

Ø PMC Bank depositors continue protest seeking payback

Ø Govt's Rs 15,000 cr soft loan scheme to sugar mills moving at snail's pace: experts
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...