Thursday, 23 August 2018

23 August 2018 News

Quote of D-DAY

When u r feeling that u r going through a set back, remember the grenades u've crushed, failures u've overcome & battles u've won.

This journey through life is rough, but still with courage, u climb. This strength u've built will take u places. *Be proud of warrior u've become.*

Good Morning..!!!

Happy Reading on 23.08.2018

*Mint*

=> Kerala seeks GST cess to fund reconstruction

=> Haier Appliances to invest ₹3,069 crore to set up manufacturing units in Greater Noida

=> Jet Airways board to consider turnaround plan, cost cutting measures next week

=> US businesses against new tariffs on Chinese goods

=> Kia to take on Maruti, Hyundai with premium hatchback, sedan

=> Flipkart launches 2GUD, new e-commerce portal for refurbished goods
...........................................

*Business Standard*

=> Finmin asks PSU bank CEOs to check frauds in NPAs or face penal action

=> Jet Airways to discuss austerity, turnaround plans at Monday board meeting

=> After pilots threaten to stop ops, Air India clears allowance for June

=> Apple CEO Tim Cook set to collect stock worth $120 million after rally

=> Apple has hired 3,500 for Hyderabad facility; to add 1,500 more: Official

=> UAE is not any other nation: Kerala CM on Centre's no to foreign aid
...........................................

*Economic Times*

=> Saudi Arabia calls off Aramco listing: Sources

=> Thanks but no, says India to foreign aid for Kerala

=> Wages under national rural jobs scheme may be revised

=> SpiceJet to launch 6 new flights from October

=> Colgate-Palmolive picks Bombay Shaving Company for first Indian investment

=> Prithvi Shaw, Hanuma Vihari get maiden Test call-up, Vijay, Kuldeep axed
...........................................

*Financial Express*

=> US, China officials meet as tariff deadline looms

=> Big investment! 12,550 jobs! Haier to set up Rs 3,400 crore manufacturing units at Greater Noida

=> Falling Rupee has no major threats to sovereign credit: Fitch

=> Iran says Israel, US to be targeted if Washington attacks

=> After IBC war on NPAs, Modi government gets tough on bank frauds; warns CEOs to keep check or face action

=> US dollar narrows losses on possible new rate hike
...........................................

*Hindustan Times*

=> Centre firm on no-aid policy but may allow funds for Kerala under ‘schemes’

=> Navy ends rescue operations in Kerala, Kochi airport to open on August 29

=> Murali Vijay dropped, Prithvi Shaw gets nod for the last 2 England Tests

=> ISIS chief Baghdadi resurfaces, urges jihad in new audio clip

=> ‘Fix existing rule’: Kerala leaders urge Centre to accept Rs 700-cr UAE aid

=> Snake bite cases go up as water recedes in Kerala
...........................................

*Indian Express*

=> Top player was in touch with bookie but no time to probe: IPL investigator

=> Rahul Gandhi in Germany: ‘Note ban, GST made India angry, reason for lynching’

=> Aurangabad: Corporator who opposed resolution to pay Vajpayee tribute sent to jail for a year

=> PV Sindhu seventh in Forbes list of highest paid women sportspersons

=> 35% of cyber attacks on Indian sites from China: official report

=> Winsome diverted $750 million to promoter’s firms abroad: Probe
...........................................

*The Hindu*

=> Accept ₹700 crore UAE offer or compensate us, Kerala tells Centre

=> Meghalaya bypolls a race to become single-largest party

=> ED unearths money laundering racket involving Jains who created ₹8,000 crore with ₹6.87 crore

=> Asian Games 2018: Rahi Sarnobat becomes 1st Indian woman to shoot Asiad gold

=> In a setback to Trump, Cohen pleads guilty, Manafort convicted

=> Riyadh seeks death penalty for Shia woman activist
...........................................

*The Times of India*

=> Kerala wants aid from UAE, Centre says no

=> CBSE to change class X, XII exam paper pattern

=> Rafale deal: Reliance sends notice to Congress

=> Govt lifts ban on retail sale of oxytocin, with curbs

=> WhatsApp agrees to govt demands except traceability

=> Chandrayaan-2 to dig deep for water on moon
...........................................

*अमर उजाला*

=> मेघालय उपचुनावः दो विधानसभा सीटों के लिए मतदान आज

=> केरल में जल प्रलय के बाद सफाई की चुनौती से निपटने में जुटी सरकार

=> कॉलेजों और उच्च शिक्षण संस्थानों में नहीं मिलेंगे जंक फूड

=> खेतान ने बताई 'आप' से इस्तीफे की वजह, फेसबुक पर लिखी पोस्ट

=> आतंकियों ने घाटी में 5 पुलिसकर्मियों पर किया हमला, 3 की मौत

=> मंदिर की बिसात पर अब अखिलेश ने बिछाई सियासी चौसर
...........................................

*हिन्दुस्तान*

=> वायुसेना के हवाई अड्डों पर लगे उपकरण 1976 के, जंग के लिए नहीं हैं फिट

=> केरल में बाढ़: राहत के लिए विदेशों से चंदा नहीं स्वीकार करेगा भारत

=> मेघालय में विधानसभा उपचुनाव आज, सीएम संगमा भी मैदान में

=> केरल जाने वाली फ्लाइट्स पर 31 अगस्त तक कैंसिलेशन फीस से राहत

=> भारत-पाक संबंधों को सहज बनाने में सकारात्मक भूमिका निभाएगा चीन

=> ओबामा के चुनाव अभियान में भी वित्तीय नियमों का उल्लंघन हुआ था - ट्रंप
...........................................

*दैनिक जागरण*

=> सुप्रीम कोर्ट का अहम फैसला, कहा-कर्मचारी को वीआरएस का संपूर्ण अधिकार नहीं

=> यूपी के दम पर चारों दिशाओं में मजबूत सियासी समीकरण साध रही भाजपा

=> यूपी के दम पर चारों दिशाओं में मजबूत सियासी समीकरण साध रही भाजपा

=> गुटबाजी के भय से सूबों में 'चुनावी कप्तान' का ऐलान नहीं कर रही कांग्रेस

=> कलकत्ता हाईकोर्ट ने ममता सरकार को लगाई फटकार, कहा- सार्वजनिक जगहों पर न हो पशु वध

=> छत्तीसगढ़ में आंबेडकर और कांशीराम की कहानी सुनाकर वोट बैंक बनाने में जुटी बसपा
...........................................

*प्रभात ख़बर*
=> इंग्‍लैंड के खिलाफ बाकी दो टेस्‍ट के लिए टीम इंडिया की घोषणा - पृथ्‍वी-विहारी की एंट्री, कुलदीप-मुरली बाहर

=> फेसबुक ने रूस-ईरान से जुड़े 652 अकाउंट किये बंद, ट्विटर ने भी उठाया ये कदम

=> चेतावनी : 26 अगस्त तक बिहार और यूपी समेत 16 राज्यों में तेज बारिश की आशंका

=> सीनियर टीम से बाहर कुलदीप ऑस्ट्रेलिया ए के खिलाफ टेस्ट खेलेंगे

=> सिविल एविएशन मिनिस्टर सुरेश प्रभु ने कहा-असहनीय है एयर इंडिया का विरासती कर्ज

=> Apple में इस साल होंगी बंपर नियुक्तियां, हैदराबाद में रखे जायेंगे 5,000 कर्मचारी
...........................................
23rd August 2K18

Economic Times

Ø  Finmin warns PSU bank CEOs to check NPA frauds
Ø  US-China trade war hits $100 billion in goods
Ø  Govt imposes restrictions on import of bio-fuels
Ø  ‘Global pension & sovereign funds keen on India’s REITs’
Ø  Air India grappling with unsustainable debt: Prabhu
Ø  Jet to take up turnaround plan in Monday board meet
Ø  Colgate-Palmolive picks Bombay Shaving Company

Business Standard

Ø  Sebi planning to add more stocks to additional surveillance mechanism
Ø  Tech Mahindra to acquire Czech-based firm Inter-Informatics for Rs 80 mn
Ø  Domestic manufacturing of mobile handset saved India Rs 3 trillion: Study
Ø  Reliance General Insurance Q1 net profit up 30% to Rs 570 million
Ø  Coal India likely to get a five-year breather on production target

Business Line

Ø  NSEL case: High Court panel confirms claims of only Rs.650 crore
Ø  PMO steps in to allay concerns over e-commerce policy draft
Ø  Strides receives acceptance from USFDA for two ANDAs
Ø  CCI clears UltraTech’s purchase of Century arm
Ø  Likely drop in kharif harvest a big worry

Mint

Ø  Recession likely in three years, says Pimco
Ø  Govt sets ball rolling for stake sale in NBCC, HUDCO
Ø  US businesses against new tariffs on Chinese goods
Ø  P&G June-quarter net profit drops 43% on higher promotional expenses
Ø  Coal India’s CCL says 17 coal mining projects facing delays
Ø  Small renewables firms fighting consolidation wave

Financial Express

Ø  DIPP okays proposals to upgrade effluent treatment plants, FDDIs
Ø  SBI expects Q1 GDP growth at 7.7 per cent
Ø  US imposes preliminary anti-dumping duties of over 50% on metal pipes made in India
Ø  Deluge may cull Kerala economy by 100 bps, says report

Financial Chronicle

Ø  Sebi says OPG gained Rs 25 cr from preferential access to NSE server
Ø  India Inc may find loans abroad costlier as easy money ends
Ø  LIC will be asked to speed up IDBI Bank acquisition process
Ø  Gold jewellery exports up 220%, gold bar imports leap by 302%

23.08.18 Economic News

👉PNB Scam: Maharashtra Govt  to demolish Illegal Bungalows of Nirav Modi, Mehul Choksi

👉GST on One-Time Premium: Supreme Court issues Notice to Central Govt while admitting the Special Leave Petition(SLP) filed by The Builders Association of Navi Mumbai challenging the order of the Bombay High Court favoring levy of GST on One-Time Premium.

👉Govt extends Due Dates for filing of GST Returns in Kerala, Mahe (Puducherry) and Kodagu (Karnataka)

👉In a Stern Warning to bankers, the Finance Ministry asks PSU Bank CEOs to check all NPA Accounts exceeding Rs 50 Crore for Fraud or they could face Criminal Conspiracy Charges

👉In a relief to FPIs, SEBI Extends the Deadline by two months till December for providing a list of Beneficial Owners by FPIs. SEBI, in April, had asked Category II and III Foreign Portfolio Investors (FPIs) to provide list of their Beneficial Owner (BO) in a prescribed format within six months.

👉SEBI's MF Advisory Committee Forms 6-Member Sub-Committee to Review Existing Total Expense Ratio. Total expense ratio (TER) is a percentage of a scheme's corpus that a mutual fund house charges towards expenses including administrative and management.

👉RBI asks Rating Agencies to Scan Companies’ Bank Account Details —capturing the flow of fund in and out of a company  in assessing its ability to repay loans.

👉MCA Extends the deadline/ due date for filing of e-Form DIR-3 KYC (Directors KYC) upto 15 Sept. 2018, under Companies Rule 12A. Also MCA has amended/ revised e-Form DIR-3 KYC. Late Fee or Penalty of Rs. 5,000 applicable only where e-form DIR-3 KYC is filed on or after 16 Sept. 2018 in respect of FY 2017-18.

👉MCA: Forms FC-4, SH-9, ADT-3, INC-20, AOC-5, DPT-4, MSC-3, MSC-4, CHG-6, INC-6, REFUND and 23AC ADDITIONAL ATTACHMENT are likely to be revised on MCA21 Company Forms Download page w.e.f 25th AUG, 2018.