13th August 2K18
Economic Times
Ø IBC has put recovery process on fast track: Ficci Survey
Ø Over 200 rail projects report Rs 1.82L cr cost overrun
Ø BPCL gets green nod for ethanol project in Odisha
Ø SBI to sell two NPAs worth Rs 2,490 crore
Ø PVR to buy SPI cinemas in deal valued at over Rs 850cr
Ø Adani walks away with gas rights for 21 cities
Ø Govt draws up new bailout plan for Air India
Business Standard
Ø PSBs to be recapitalised in Q4 FY19, exercise linked to progress on reforms
Ø GVK plans to raise Rs 135 billion for Navi Mumbai airport project
Ø Manufacturing sectors with high production growth rose in Q1: CII
Ø Investors want higher price in Fortis open offer; IHH unlikely to oblige
Ø Indian Oil posts 50% jump in quarterly profit as refining margin doubles
Business Line
Ø India’s economic growth to improve in coming quarters: CII-ASCON
Ø No GST on fortified toned milk, but treatedtamarind kernel powder to attract 5% tax
Ø DGCA to conduct financial audit of Jet Airways
Ø RCEP trade ministers to meet on Aug 30-31 in Singapore
Ø NBCC standalone net at Rs.67.66 cr
Ø Hindalco to pre-pay Rs.3,000-cr debt this fiscal
Mint
Ø Saudi Arabia fund in talks to invest in Tesla buyout deal
Ø Rafale deal from Dassault, not defence ministry: Reliance Group
Ø India Cements Q1 profit falls 34% to ₹26 crore
Ø Tata Motors global sales fall 5% in July
Ø Monsanto fined $289 million in world’s first Roundup cancer trial
Ø FinMin unlikely to heed RBI’s demand for greater power over PSU banks
Financial Express
Ø Auto industry raises concerns over proposed changes in import regulations
Ø RBI net sells USD 6.184 bn of US currency in June
Ø DCM Shriram to invest Rs 1,300 cr to expand sugar, chemical business
Ø FPIs infuse Rs 8,500-crore in capital markets in just 8 trading sessions
Financial Chronicle
Ø FY19E earnings likely to grow by 22.8%
Ø Sebi seeks to make MFs more cost effective
Ø Coal India pushes back output target
Ø More education loans turn ‘bad’ in three fiscals
Ø CPSEs to soon monetise assets, SAIL, NTPC to take lead