Friday 10 January 2020

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times

Business Standard

Ø No financial and technical yardstick for coal auctions
Ø Growth in India projected to 'decelerate' to 5%: WB
Ø Sitharaman's tax, asset sales nos are trailing target
Ø EV dream not very far, need priority financing: M&M
Ø Rupee surges 48 paise as US-Iran tensions ease
Ø ICICI Pru invests Rs 334 cr in own credit risk fund
Ø CCI’s ‘soft view’ on Ecomm rules irks phone retailers


Ø Videocon loan case: ED likely to attach Chanda Kochhar's property, assets
Ø Exporters approach court over cess on export incentives, get interim relief
Ø Credit supply to commercial sector slows to multi-year low of 8.1%: Sidbi
Ø Tax Dept allows joint property owners to file returns using simple forms
Ø India needs 6.3% labour productivity growth to clock 8% GDP: India Ratings
Business Line

Mint
Ø Now, World Bank lowers India’s FY20 growth estimate to 5%
Ø At $81.39 billion, Tesla beats GM, Ford to become highest valued US automaker of all time
Ø Ashok Leyland, ABB arm ink pact to develop electric buses with flash- charging tech
Ø IL&FS seeks EoI to sell stake in GRBDCL
Ø GHAL to develop ₹550-crore logistics park
Ø Coffee Day defaults on repayment of loans to banks, others

Ø Tiger Global invests $200 million in BYJU's; valuation jumps to $8 billion
Ø Sterling and Wilson must provide exit option for minority shareholders: InGovern
Ø Shifting palm oil into ‘restricted list’ was a commercial decision: India
Ø Bharti Airtel board meet on 14 Jan to decide issue price for QIP, FCCB
Ø HDFC completes majority acquisition in Apollo Munich Health Insurance
Financial Express

Deccan Chronicle
Ø FTAs with EU, Australia, Canada to help boost textile exports: AEPC
Ø ‘World Bank lowers Pakistan’s growth rate at 2.4 per cent’
Ø China’s economy czar going to Washington to sign trade deal
Ø China opens oil and gas exploration to foreign firms
Ø SoftBank denies exiting renewable energy JV with Bharti Enterprises, Foxconn

Ø Global air freight demand slips down 1.1 pc in November: IATA
Ø Union Budget must focus on economic growth by boosting real estate: NAREDCO
Ø Inflation probably breached RBI target in December: report
Ø World Bank trims 2020 growth forecast amid slow recovery for trade
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...