25 May 2018 News

*Quote of D-DAY*

Please don't indulge yourself in what opinions others form of you. You don't need any one to validate of what you are.

You don't have to keep explaining yourself or doing different things for them to think high of you. Some people are by nature expert in finding faults first. You don't have to be affected by those.

You just have to concentrate on what you do and how you can get better in your goals and objectives. *Leave them apart. You know yourself. That's enough.*

Good Morning..! 💐💐

*Happy Reading on 25.04.2018*

*Mint*

=> Govt push for merger of Vodafone-Idea: new entity can pay all dues

=> Donald Trump cancels 12 June summit with North Korea’s Kim Jong Un

=> ED files charges against Nirav Modi, to approach Interpol in PNB case

=> Andhra plans Rs51,000 crore capex in 1st phase of Amaravati project

=> India drags US to WTO over levy of additional duties on steel, aluminium

=> Govt seeks $3.8 billion from RIL, ONGC, Shell

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*Business Standard*

=> Manipal-TPG extends validity of new Fortis Healthcare offer to June 6

=> Trump cancels summit with North Korea's Kim Jong-un; read full letter

=> Rs 130 bn tenders withdrawn or cancelled to promote Make in India products

=> Power demand touches record high as temperature soars across India

=> Vedanta wants to continue business at Thoothukudi plant, says Anil Agarwal

=> ED files charge sheet against Nirav Modi over $2-billion PNB fraud

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*Economic Times*

=> Idea-Vodafone merger comes closer as DoT clears a Rs 4K cr mobile tower deal

=> Donald Trump's stern message to Pyongyang: Summit off, military ready

=> Harvey Weinstein to 'surrender' to New York authorities on Friday: US media

=> Govt plans regulations for critical medical devices such as pacemakers, CT scanners

=> IndiGo, IAF jets avert mid-air mishap over Chennai

=> Amazon will ban you permanently if you return too many items

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*Financial Express*

=> India ought to be one of America's closest partners: US Secretary of State Mike Pompeo

=> Karnataka turmoil: Chief minister HD Kumaraswamy to face floor test today

=> North Korea says still willing to talks with the US

=> Samsung vs Apple: US court orders South Korean giant to pay $533 mn for copying iPhone design

=> US bill would force tech companies to disclose foreign software probes

=> 'Future of Governance': Aadhaar protected by high-tech encryption, authentication, says UIDAI Chairman

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*Hindustan Times*

=> Kumaraswamy set for floor test in Karnataka, BJP joins race for speaker

=> Opposition plans state tie-ups now, national pact for 2019 elections

=> India central to US policy in Pacific, Pompeo tells lawmakers

=> UGC approves online courses, grants autonomy to 9 deemed universities

=> Trump scraps North Korea summit, warns Kim Jong-un that military ready

=> Death toll in anti-Sterlite protests rises to 13, govt wants plant shut

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*Indian Express*

=> Nirav Modi diverted Rs 4,299 crore to himself, family and firms: ED in court

=> Karnataka: Floor test today, Congress-JD(S) hold on to MLAs

=> UGC scraps 100% weight for interview in PhD, MPhil, brings in test

=> Anti Sterlite protests: Panel to check Vedanta plant only on paper

=> After Kathua, Unnao, new MHA division for women’s safety

=> Kolkata: Visva Bharati University breaks tradition, invites Mamata Banerjee to dais

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*The Hindu*

=> JD(S)-Congress understanding for 2019 Lok sabha polls depends on fair dialogue: Kumaraswamy

=> Tamil Nadu CM says Sterlite will be shut

=> Trump cancels summit with North Korea's Kim

=> Mid-air collision of IndiGo, IAF planes averted

=> Morgan Freeman accused of sexual harassment; apologises

=> UGC allows online degrees, certificates and diplomas

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*The Times of India*

=> No decision on backing HDK for 5 yrs: Cong dy CM

=> Key CBI sleuth in NiMo probe repatriated

=> 4-day heatwave likely to keep Delhi sweating

=> SC: Rethink hiking per acre payoff to Rs 2 crore

=> Strict EU data law from today

=> Trump shelves June 12 summit with Kim

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*अमर उजाला*

=> कर्नाटक विधानसभा में आज बहुमत साबित करेंगे कुमारस्वामी, 'पांच साल के कार्यकाल पर अभी चर्चा नहीं'

=> तूतीकोरिन के स्टरलाइट प्लांट को तत्काल बंद करने का आदेश, धारा 144 लागू

=> J&K: आधी रात को जम्मू बस अड्डे पर आतंकी हमला, दो पुलिसकर्मी समेत तीन घायल

=> इंडोनेशिया-सिंगापुर संग रक्षा क्षेत्र में संभावनाएं तलाशेंगे PM मोदी, 29 मई को होंगे रवाना

=> किम जोंग से नाराज ट्रंप ने रद्द की मुलाकात

=> विपक्ष नहीं, नेहरू-गांधी परिवार को निशाना बनाएगी भाजपा

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*हिन्दुस्तान*

=> कुमारस्वामी का बहुमत परीक्षण आज,BJP ने स्पीकर पद के लिए उतारा कैंडिडेट

=> निपाह वायरसः केरल के चार जिलों में यात्रा न करने की सलाह, अब तक 11 मौत

=> जम्मू: बस स्टैंड के समीप आतंकियों का ग्रेनेड हमला, 3 पुलिसकर्मी घायल

=> तानाशाह किम जोंग से नाराज अमेरिकी राष्ट्रपति ट्रंप ने रद्द की मुलाकात

=> उत्तर कोरिया ने अपने परमाणु परीक्षण केंद्र पुंग्ये-री को नष्ट किया

=> स्लिप्ड डिस्क की शिकायत के बाद खतरे में विराट का काउंटी क्रिकेट खेलना!

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*दैनिक जागरण*

=> ट्रंप ने रद की उत्‍तर कोरिया के नेता किम जोंग से प्रस्‍तावित शिखर वार्त

=> कांग्रेस के डिप्टी सीएम ने कहा- कुमारस्वामी को पांच साल देने पर नहीं हुआ फैसला

=> 'एक्ट ईस्ट' नीति को मिलेगी और धार, जकार्ता व सिंगापुर की 5 दिवसीय यात्रा पर जाएंगे मोदी

=> IPL दूसरा एलिमिनेटर: कोलकाता को मुश्किल में डालकर, हैदराबाद की नज़र फाइनल पर

=> राजनाथ ने की जम्मू-कश्मीर के हालात की समीक्षा, संघर्ष विराम के बाद हालात बेहतर

=> आयरलैंड में गर्भपात कानून पर जनमत संग्रह, खत्‍म हो सकती है पाबंदी

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*प्रभात ख़बर*

=> पीएनबी घोटाले की जांच कर रहे सीबीआर्इ के संयुक्त निदेशक समेत चार अफसरों का तबादला

=> रांची : मोराबादी के ऑक्सीजन पार्क में 10 दिनी निःशुल्क एरोबिक्स कैंप शुरू, 1 जून से योग कैंप

=> पहला टेस्‍ट : पाकिस्तान ने इंग्लैंड को 184 रन पर समेटा

=> बिहार : 30 मई से मिलेंगे संयुक्त बीएड प्रवेश परीक्षा के फॉर्म

=> BMW ने भारत में पेश किये MINI के नये एडिशंस

=> Make in India के प्रोडक्ट्स को बढ़ावा देने के लिए 13 हजार करोड़ का सरकारी टेंडर रद्द

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25.05.18 Economic News

*PNB Fraud Case: After CBI, Now ED Files First Chargesheet Against Nirav Modi & his Associates which focuses on the Money-Laundering Aspect and the Role of Nirav Modi and others in the fraud

*CBI is conducting a Discreet Enquiry Against Eight Senior-Most Income-Tax Officials Handling Nirav Modi Scam, Including CBDT Chairperson Sushil Chandra, under the Direction of the Prime Minister's Office, for the Alleged Misreporting and Sharing Of Investigation Details with extortionists.

*Central Tax, GST Delhi East Commissionerate Arrests 2 Persons (Father-Son Duo) in Delhi’s Shahdara for Fraudulent Issuance of Input Tax Credit Invoices Involving Evasion of Approx. Rs. 28 Crores relating to Copper Industry. It is the first case of arrest in Delhi since GST Rollout

*Govt Reconstitutes Financial Stability and Development Council (FSDC) to include Secretaries from the Revenue Department as well as Ministry of Information Technology (MeitY)

*Frozen Sheep / Goat Carcass Supplied in LDPE & HDPE Bags liable to GST: Maharashtra AAR

*GOVT. Hikes Customs Duty on Wheat from 20% to 30% to Curb Cheaper Imports and Protect Domestic Growers

*SEBI Eases Market Access for Foreign Investors in “International Financial Services Centre” by allowing 'Segregated Nominee Account Structure’ in IFSC

*In a relief to Jaiprakash Associates, NCLAT stays NCLT order which had directed the Realty Firm to Return Nearly 760-Acre Land to its subsidiary Jaypee Infratech

*NCLAT Asks Bhushan Power & Steel Lenders to go ahead with selection of bids submitted by Tata Steel and UK-based Liberty House

*DoT Clears Rs 4,000 Crore Idea-ATC Mobile Tower Sale Deal

*Manipal-TPG  Extends Validity Of Revised Offer for Fortis Healthcare to June 6, 2018

Economic Times

Ø  GDP to grow at 7.5% in FY19; CAD, Re a worry: Report
Ø  Non-life insurers gross premium up 14% at Rs 13,881 crore in April
Ø  Jet Airways' debt may rise in short term: Amit Agarwal
Ø  Reliance JioPhone tops global feature phone market in Q1: Report
Ø  DoT clears Rs 4,000 cr Idea-ATC mobile tower sale deal
Ø  Sensex rallies 318 pts, Nifty ends at 10,514

Business Standard

Ø  GAIL India March quarter net profit posts four-fold jump to Rs 10.21 bn
Ø  ONGC falls 10% in two days; loses market cap worth Rs 223 billion
Ø  Wipro Consumer Care seeks to capture Rs 4-billion liquid dish wash market
Ø  Jute industry suffers Rs 28 bn loss on stagnating production of goods: IJMA
Ø  Welspun Enterprises up for 11th straight trading day post Q4 results

Business Line

Ø  TNPCB orders immediate closure of Sterlite plant at Thoothukudi
Ø  Corporate debtors must get shareholders’ approval to initiate insolvency process
Ø  Customs duty hike, weak rupee may stop wheat imports
Ø  City Union Bank posts 18% rise in net profit at ₹ 152.12 cr
Ø  NCC Ltd standalone net up 61% at Rs 103 cr in Q4
Ø  PE investments in retail sector touch Rs 5,500 cr since 2015: JLL

 Mint

Ø  Manipal-TPG extends validity of its revised offer for Fortis
Ø  Minda Corp, Neuland Labs, Simplex Infra raise Rs838 crore through QIPs
Ø  ReNew Power in talks to buy 700MW of assets
Ø  Government favours long-term solution on fuel prices
Ø  Govt seeks $3.8 billion from RIL, ONGC, Shell
Ø  Bank credit grows at 12.64%, deposits at 7.61%
Ø  United Spirits posts Q4 net profit at Rs211 crore

Financial Express

Ø  Bank unions call for two-day nationwide strike from May 30
Ø  Rs 13000 crore tenders withdrawn or cancelled to promote Make in India products
Ø  PSU banks reforms: Government appoints non-executive chairpersons at 3 state-run banks
Ø  NCLAT asks Bhushan Power & Steel lenders to go ahead with selection of bids

Financial Chronicle

Ø  Damani sells 1% in D-Mart, pockets a cool Rs 800 crore
Ø  Govt mulls windfall cess on upstream oil firms
Ø  Notable reforms in telecom but financial health down