*Quote of D-DAY*
Every Day is *Beautiful* . Each Day is *Special*.
Each Day is a *gift of GOD* and that is why we call it the *'Present'.*
Wishing you a Very Success-Filled day!
Good Morning 💐💐
*Happy Reading on 05.07.2018*
*Mint*
=> Supreme Court tells Jaiprakash Associates to deposit ₹650 crore
=> Post Reliance Jio, India’s mobile industry officially shrinks by a third
=> Deepak Parekh spells out succession planning at HDFC group
=> Reliance Industries’ acquisition run maps Mukesh Ambani’s consumer ambitions
=> Govt to raise ₹1 trillion from market for funding education infrastructure
=> Inventus aims at first close of ₹175 crore for maiden India fund
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*Business Standard*
=> Chanda Kochhar asked to reply to SEBI show cause notice by July 10
=> Flipkart targets Rs 90 bn GMV from sale of large appliances in FY19
=> UPI users could be using govt's cashback boost to mint money
=> Is the world's cheapest car finally dead? Only one Nano produced in June
=> HAL's Sukhoi Su-30 aircraft crash to cost insurer Rs 2.5 billion
=> SC verdict on Delhi CM vs L-G: Kejriwal has last laugh in the court battle
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*Economic Times*
=> 25 countries in global banks’ ‘high risk’ list
=> Modi govt planning to take its Skill India project to the next level with a new law
=> Co that bought Religare loans owners of Fortis ICD funds
=> Jio ready for next battle over WiFi calling
=> MCI and UGC are completely outdated, worst institutions: Amitabh Kant
=> IBBI amends norms, home buyers can now seek relief
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*Financial Express*
=> UP government clears Rs12,000-crore bank loan for Purvanchal Expressway
=> Future Lifestyle Fashions to acquire 29.9% stake in Koovs.com for Rs 140 cr
=> Ikea to open first store in Hyd on July 19, to make online foray next year
=> PNB puts 3 loan accounts worth Rs 300 cr up for sale
=> For 2 straight quarters: Jio fails to meet TRAI norms on customer satisfaction
=> Insolvency resolution: IBBI amends norms, notifies procedures for homebuyers
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*Hindustan Times*
=> SC rules L-G bound by Delhi’s govt but says differences must be settled
=> Burari deaths: CCTV footage shows preparations for hanging
=> Uttarakhand HC declares animal kingdom a legal entity
=> IRCTC to live stream how your food is prepared at base kitchens
=> Cops to clerks, Punjab orders mandatory drug tests for all govt employees
=> Kumaraswamy to present Karnataka budget, all eyes on farm loan waiver
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*Indian Express*
=> Delhi govt vs L-G power struggle: Elated AAP govt rushes transfer file, only to get a regret note
=> Prodded by Beijing, Air India joins others: Taiwan is now Chinese Taipei
=> US, India set for talks on Iran sanctions
=> Sanstha man held for Gauri Lankesh murder was channel for funds: probe
=> Punjab CM Amarinder Singh orders annual drug test for all govt employees
=> Burari deaths: CCTV shows victims taking stools home
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*The Hindu*
=> Supreme Court relies on 1987 report to declare Delhi is not a State
=> Two Britons poisoned with Novichok nerve agent used on Russian spy: police
=> India braces for more U.S. pressure on Iran sanctions
=> Centre asks Malaysia to extradite Zakir Naik
=> Nipah transmission route unclear
=> Amarnath yatra suspended on both routes
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*The Times of India*
=> Centre hikes MSP of 14 kharif crops
=> Burari deaths: CCTV shows women carrying stools
=> WhatsApp sends new message: Spam not OK
=> Passports issued to UP couple legit: MEA probe
=> Emirates makes a U-turn, won't stop 'Hindu meals'
=> Two Britons poisoned with Novichok nerve agent
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*अमर उजाला*
=> सितंबर में होगी रेलवे की सबसे बड़ी परीक्षा, लोकसभा चुनाव के पूर्व 90 हजार पदों पर होगी भर्ती
=> भूस्खलन के बाद पहलगाम- बालटाल मार्ग से यात्रा रोकी, सातवें दिन 5919 श्रद्धालुओं ने किए दर्शन
=> तो क्या टाटा मोटर्स बंद करने जा रहा है नैनो कार का उत्पादन? जून में बनी सिर्फ एक कार
=> नेपाल से एयरलिफ्ट किए गए 350 कैलाश-मानसरोवर तीर्थयात्री, दूतावास ने जारी किए हॉट लाइन नंबर
=> दुबई छोड़ रहा भारतीय हुआ मालामाल, 13 करोड़ रुपये की लगी लॉटरी
=> आज ताजनगरी में चुनावी मंथन करेंगे शाह और योगी
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*हिन्दुस्तान*
=> कर्नाटक: CM कुमारस्वामी आज पेश करेंगे बजट, किसान ऋण माफी पर सभी की नजर
=> सुप्रीम कोर्ट निकाह हलाला के खिलाफ नई याचिका पर सुनवाई को हुआ राजी
=> B.Ed पास के लिए Good News, अब बन सकते हैं प्राइमरी टीचर
=> NCERT CEE 2018 result: एनसीईआरटी सीईई के नतीजे आज हो सकते हैं घोषित
=> आईआईटी कानपुर में बनेगा उत्तर भारत का प्रदूषण नियंत्रण केंद्र
=> सरकार ने बढ़ाया एमएसपी, कांग्रेस बोली ये राजनीतिक लॉलीपॉप
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*दैनिक जागरण*
=> कतर ने साढे़ तीन हजार करोड़ में खरीदा सहारा का प्लाजा होटल, 100 साल से भी पुराना
=> RBI ने बैंक ऑफ चाइना को दिया भारत में काम करने का लाइसेंस
=> मनोचिकित्सकों ने कहा- शेयर्ड डिल्यूजन डिसऑर्डर से जुड़ा हो सकता है 11 मौतों का मामला
=> FIFA World Cup 2018: क्वार्टर फाइनल में होगी कांटे की टक्कर
=> FIFA:एशियाई टीमों ने जगाई उम्मीदें, जापान, ईरान और दक्षिण कोरिया ने रूस में किया प्रभावित
=> पश्चिम बंगाल पंचायत चुनाव को लेकर राज्य चुनाव आयोग पर बरसा सुप्रीम कोर्ट
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*प्रभात ख़बर*
=> विपक्ष ने बुलाया झारखंड बंद, बोकारो में बंद समर्थक सड़क पर उतरे
=> राजद के पोस्टर में दिखी बहू ऐश्वर्या, 22वां स्थापना दिवस आज, तेजस्वी करेंगे कार्यक्रम का उद्घाटन
=> बुराड़ी मौत : फांसी के लिए स्टूल, तार लाये थे परिवार के लोग, सीसीटीवी में दिखा
=> एमएस धौनी के फैन्स के लिए खुशखबरी, जल्द आयेगा ‘एमएस धौनी : द अनटोल्ड स्टोरी’ का सीक्वल
=> सऊदी में फंसे हैं झारखंड के 41 मजदूर, विदेश मंत्री को लिखा पत्र
=> सोनाली बेंद्रे को कैंसर से लड़ाई में मिला बॉलीवुड का साथ, ट्विटर पर दुआओं की बारिश
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*05.07.18 Economic News*
👉CBDT says that Income Tax Refunds Worth Rs 70,000 Crore Issued, 99% Claims Processed, as on June-end . IT Deptt. had observed a Dedicated Fortnight from June 1-15, Later Extended to June 30 in Certain Regions, to Expeditiously Clear Pending Matters of Appeal Effect and Rectification
👉CBDT Signs 3 More Unilateral Advance Pricing Agreements (UAPAs) in Last Two Months as it looks to Reduce Litigation by Providing Certainty in Transfer Pricing. With the signing of these Agreements, the total number of APAs entered into by the CBDT has gone up to 223, which inter alia include 20 Bilateral APAs.
👉Cabinet Approves Renewal of MoU between ICAI and Saudi Organisation for Certified Public Accountants ( SOCPA )
👉RBI Grants Licence to Bank of China to set up its First Branch in India
👉Tata-Mistry Case: NCLT Defers the Verdict to July 9 as Judgement Not Ready
👉Supreme Court tells Jaiprakash Associates to Deposit ₹650 Crore to repay Homebuyers
👉IBBI: Govt. Notifies Procedures for Home Buyers under Insolvency Proceedings
👉CCI launches Online Guidance System for Determining Notifiability of Merger & Acquisitions (combinations) in terms of the Competition Act, 2002.
👉NSE Gets Second Show-Cause Notice from SEBI in Co-Location Probe into the Alleged Preferential Access given to some High-Frequency Traders
👉Yes Bank Receives SEBI Approval to Launch Mutual Fund Business. The fund house will be called Yes Asset Management (India) Limited (YAMIL)
5th July 2K18
Economic Times
Ø IBBI amends norms, home buyers can now seek relief
Ø Working to make Air India profitable again: Govt
Ø India may not be affected by trade war: McKinsey head
Ø Public WiFi to contribute $20 bn to GDP by 2019: Study
Ø NCLT order on Tata-Mistry case on July 9
Ø Govt to extend RRBs' recapitalisation scheme
Business Standard
Ø SC tells Jaiprakash Associates to deposit Rs 6 bn to refund home buyers
Ø Lenders may invoke guarantees of Shriram Transport Finance on SVL Ltd
Ø Essar Oil UK's net profit dips 4.2% to Rs 10.37 billion in 2017-18
Ø Rs 3.8 trillion from 70 accounts need NCLT resolution by September: Report
Ø Rs 700-bn I-T refunds issued to taxpayers, 99% of claims processed: CBDT
Business Line
Ø Yes Bank gets SEBI nod to launch MF business
Ø Cabinet hikes MSP for paddy by Rs 200 per quintal
Ø India plans to negotiate with US on oil imports from Iran
Ø Qatar fund buys Sahara-owned Plaza Hotel for $600 mn
Ø UAE-based Phygicart to enter India with ₹100-cr investment
Ø CCEA approves ₹1-lakh cr for research in higher education
Mint
Ø RBI grants licence to Bank of China to set up branch in India
Ø Airtel aims to morph into a technology firm
Ø Vedanta weighs $7 billion merger with Anglo American South Africa
Ø Maruti Suzuki plans to hike Gujarat plant’s production by 7.5 lakh cars by 2020
Ø Accenture’s Q3 revenue rises 16%, profit beat estimates
Financial Express
Ø Vijaya Bank hikes lending rates by up to 50 bps
Ø CSCs to be engaged as Banking Correspondents under pact with HDFC Bank
Ø Cabinet gives nod to bill for setting up DNA banks to store profiles
Ø Total CSR spend may cross Rs 50,000 crore by March 2019, says report
Financial Chronicle
Ø Salzer Electronics to acquire two overseas firms
Ø No impact on property prices post-tax reform
