Tuesday, 3 December 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times
 
 
Business Standard

Ø  Karvy case: 90% investors get back their securities
Ø  Crisil slashes FY20 growth forecast to 5.1 per cent
Ø  Government launches independent directors' databank
Ø  Gross direct tax collection rises by 5% till Nov: FM
Ø  $14 bn loans to builders under severe stress: Report
Ø  Steel industry margins set to shrink: India Ratings
Ø  United Spirits proposes merger with Pioneer Distilleries

 
 
Ø  Telecom tariff hike expected to benefit sector, boost its financials
Ø   Govt moves Taxation Bill in Lok Sabha seeking changes in income tax law
Ø  Net surplus revenue decreased 66% to Rs 1,666 cr in 2017-18: CAG report
Ø  Ashok Leyland M&HCV sales decline 55% in November; bus sales up 196%
Ø  Tata Motors bags orders for over 2,300 buses from various state govts
Business Line
 
 
Mint
Ø  Corporate tax cut will make India a global manufacturing hub: FM
Ø  No proposal to reduce taxes on petrol, diesel: Central Government
Ø  LG Electronics India posts ₹1,534-crore profit in FY19
Ø  India Inc delivered weak performance during Q2 FY20: ICRA
Ø  Cadila Healthcare gets board nod for amalgamation
 
 
Ø  Kia Motors becomes India's fourth largest vehicle manufacturer after two months
Ø  SAMHI Hotels gets Sebi's go ahead for ₹1,800-2,000-crore IPO
Ø  Jaypee Infra case: Suraksha may offer more cash & land to lenders
Ø  Railways operating ratio in 2017-18 was 98.44%, worst in 10 years: CAG
Ø  Yes Bank files insolvency petition against Jaypee Healthcare
Financial Express
 
 
Deccan Chronicle
Ø  Foreign investors bring cheer to Indian market in November; FPI in equity at 8-month high 
Ø  Government earmarks Rs 937 crore for exploration of non-CIL blocks in FY20
Ø  India’s economic growth likely to remain subdued in near future, says report
Ø  Samsung India’s profit declines 58 per cent, becomes $10 billion firm
 
 
Ø  Over 3.38 lakh cos deregistered in last two financial years: Govt
Ø  Rupee edges higher by 8 paise to USD; RBI policy meet in focus
Ø  78 pc depositors of PMC Bank can withdraw entire deposits: govt
Ø  Public sector banks told to outline insurance JVs’ future
By: via @AlliesFin Serve T.ME/ALLiESFiN

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