Quote of D-DAY
Run your race. What works for one person may be that which will kill you. Focus on your gifts and talents and don’t be envious of the blessings of others.
Good Afternoon !!!
Happy Reading on 29.08.2018
*Mint*
=> Banks treating RBI’s 15-day window as grace period on NPAs
=> Paytm sealed the Warren Buffett deal with 1 meeting, 2 phone calls
=> Gadkari comes to rescue of ₹8,500 crore rail corridor project
=> Amazon Pay said to acquire Tapzo in digital payments push
=> Health ministry calls for halting sales of e-cigarettes, smoking devices
=> Goyal Gases emerges highest bidder for Avantha Power unit
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*Business Standard*
=> Google may steal Amazon, Flipkart's Diwali bonus; set for e-commerce debut
=> 30 stressed power accounts set to go to NCLT as RBI's NPA deadline ends
=> Govt wants 50 mbps broadband for all, but no one knows who'll pay for it
=> Jet Airways-Godrej Buildcon land deal under Income Tax department scanner
=> Mistry moves NCLAT against NCLT order upholding his ouster as Tata chairman
=> 'Rafale scam' a direct deal between Modi and failed industrialist: Congress
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*Economic Times*
=> Government to vet GST, income tax and transfer pricing filings to find leakage
=> Google collects more data from users via android, says study
=> Maharashtra FDA ex-chief accuses DCGI of delaying action against J&J
=> DIPP rules out 49% FDI plan in inventory model
=> Gold loan NBFCs may offer respite to Kerala borrowers
=> Jet Airways gets $300 million as lease incentives & debt from banks
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*Financial Express*
=> Vistara set to fly on international routes, to start flights to Phuket, Colombo
=> GE's diesel locomotives to be used as back-up by Indian Railways, says Piyush Goyal
=> GAIL opens up its pipeline network for users to book surplus capacity online
=> Jio Institute row: Finance Ministry warned HRD against granting Institute of Eminence tag in 2017, claims report
=> NT Rama Rao's son, TDP leader Nandamuri Harikrishna dies in road accident in Telangana
=> As Apple Music starts composing its India song, it bets big on independent musicians, indie bands
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*Hindustan Times*
=> Kochi airport to resume ops after 15 days; first flight at 2 pm
=> Activists arrested for conspiring with banned groups: Pune Police
=> From ‘commander’ to chief, Stalin rose through the ranks of DMK
=> Right wing group Sanatan Sanstha planned blast at Pune Sunburn: Cops
=> Atishi drops second name Marlena, denies caste angle
=> Parents’ literacy, income level no bar for IIT entry, study shows
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*Indian Express*
=> Finance Ministry told HRD: Eminence tag to non-existent institute defies logic, hurts education ecosystem
=> Actor Nandamuri Harikrishna dies in road accident
=> Adani loses case in Singapore, moves Bombay HC to stall DRI probe into it
=> Told about job 2 hours before announcement, says new J&K Governor, want sifarish-free system
=> Johnson & Johnson’s faulty hip implants: Adverse report is out after patients asked for it
=> Kerala floods: Factories and mills closed, migrant workers head home
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*The Hindu*
=> SC questions second chance for those left out of NRC Assam
=> NT Rama Rao’s son Harikrishna killed in accident
=> Faridabad CJM grants transit remand of activist Sudha Bhardwaj to Maharashtra police
=> Only 54 of 2,874 children's homes received positive reviews, finds NCPCR audit
=> There is no second chance for the Taj, SC warns U.P.
=> Trump accuses Google of rigging search results
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*The Times of India*
=> Elgar Parishad: Raids in 7 cities, 5 activists held
=> India won't remove copters before Male polls
=> NT Rama Rao's son Nandamuri Harikrishna dies
=> *Antibiotics you throw may be breeding superbugs*
=> Asiad: Unheralded Manjit's gold steals the show
=> Uber Elevate may launch aerial taxi service in India
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*अमर उजाला*
=> बारिश से बेहाल पहाड़: उत्तराखंड के घनसाली में फटा बादल, सात लोग मलबे में हुए दफन
=> गूगल से नाराज हैं ट्रंप, पूछा- इडियट लिखते ही क्यों खुलती है मेरी फोटो
=> भीमा कोरेगांव हिंसा पर बोले राहुल- 'भारत में एक ही एनजीओ, जिसका नाम है आरएसएस
=> Asian Games 2018 11वां दिन : दुती चंद लगाने उतरेंगी गोल्डन दौड़
=> सीएम चंद्रबाबू के साले और अभिनेता नंदमूरी हरिकृष्णा की सड़क हादसे में मौत
=> भूख के कारण हो जाते थे बेहोश, नीरज चोपड़ा ने कठिनाइयों से ऊपर उठकर देश को दिलाया गोल्ड
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*हिन्दुस्तान*
=> भीमा कोरेगांव हिंसा : पुलिस ने देशभर में की छापेमारी, 5 लोग गिरफ्तार
=> आंध्र के पूर्व मंत्री एनटी रामाराव के बेटे की सड़क दुर्घटना में मौत
=> जम्मू कश्मीर: अनंतनाग में सुरक्षा बलों और आतंकवादियों के बीच मुठभेड़
=> Asian Games Day-11: 200 मीटर दौड़ में दुती चंद से गोल्ड की उम्मीद
=> UGC NET 2018: यूजीसी नेट के लिए एक सितंबर से रजिस्ट्रेशन
=> सुषमा स्वराज अपनी पहली आधिकारिक यात्रा पर कंबोडिया पहुंची
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*दैनिक जागरण*
=> रची जा रही थी पीएम मोदी की हत्या की साजिश, पांच माअोवादी विचारक गिरफ्तार
=> J&K: अनंतनाग में दो आतंकियों को सुरक्षाबलों ने घेरा, मुठभेड़ जारी
=> लड़ाकू विमानों में 10 फीसद बायोजेट फ्यूल प्रयोग करेगी वायुसेना
=> हिमाचल में महेंद्र सिंह धौनी को स्टेट गेस्ट बनाने पर गरमायी सियासत
=> भविष्य के लिए खतरे की घंटी, दवाओं ने बढ़ाया दिल्ली-एनसीआर में बीमारी का खतरा
=> राहुल गांधी ने पेश की सद्भावना की मिसाल, एयर एंबुलेंस के लिए रुकवाया अपना हेलिकॉप्टर
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*प्रभात ख़बर*
=> भीमा कोरेगांव मामले में झारखंड में भी छापा, स्टेन स्वामी के घर व दफ्तर से 22 सीडी, लैपटॉप व फोन जब्त
=> कश्मीर मुठभेड़: अनंतनाग में सुरक्षाबलों ने दो आतंकियों को मार गिराया
=> 2022 में अंतरिक्ष में मानव भेजेगा भारत, इसरो की योजना तैयार, 16 मिनट में ही तीन भारतीय पहुंचेंगे अंतरिक्ष
=> तेलंगाना : अभिनेता और टीडीपी नेता नंदमूरी हरिकृष्णा की सड़क हादसे में मौत
=> एशिन गेम्स : 50 पहुंची भारत के पदकों की संख्या, मधुमिता रजत जीतनेवाली झारखंड की पहली तीरंदाज, 10 लाख देगी सरकार
=> रांची : कैंसर अस्पताल के साथ छह केयर सेंटर स्थापित करने में मदद करेगा टाटा समूह
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29th August 2K18
Economic Times
Ø Petrol crosses Rs 78, diesel rates at new high
Ø Walmart-Flipkart deal: CAIT approaches NCLAT
Ø FMCG to grow 12-13 in calendar year 2018: Nielsen
Ø 'Coal imports may rise to 62 mt in FY19 to meet power demand'
Ø Jet Airways gets $300 mn as lease incentives & debt
Business Standard
Ø LIC board gives in principle approval to acquire 14.9% stake In IDBI Bank
Ø Vedanta gets 41 oil blocks out of 55 in first round of open acreage auction
Ø Warren Buffet's Berkshire Hathaway takes Rs 25-billion stake in Paytm
Ø Fertiliser shares in focus; FACT, SPIC, Chambal Fertilisers up over 10%
Business Line
Ø Nestle, Starbucks seal $7.15 bn licensing deal
Ø Adani set to acquire Reliance Energy’s Mumbai power biz
Ø Cotton output likely to decline by 3-4% this season, says CAI
Ø Foodgrain output to hit all-time high of 285 mt
Ø Lupin gets USFDA nod to market Gabapentin tablets
Mint
Ø SBI plans to sell 3.89% stake in NSE
Ø RBI cancels licence of Tech Mahindra for issuing pre-paid cards
Ø Ruchi Soya sells over 1 crore shares in open market
Ø RBI deadline over, 20 new NPA accounts to go to NCLT
Ø Reliance Jio seen eroding Vodafone Idea, not Airtel
Financial Express
Ø RIL’s 2% gain fuels Sensex 202-point jump, Nifty ends above 11,700 for first time in Indian history!
Ø FDI inflow becomes India's star performer in Q1; Care Ratings bets on higher GDP growth than last year
Ø PepsiCo India Beverages head Vipul Prakash resigns
Ø Substantial debt may impact company’s ability to raise finance: Tata Steel
Ø MCFL gets green nod for Rs 1,547-crore expansion project in Karnataka
Financial Chronicle
Ø Empower Sebi to crack down on erring CAs, says panel
Ø Steel industry hopes govt will bring clear policy to boost ecosystem
Ø PNB eyes IBC route for Rs 6,000cr power NPA recovery
29.08.18 Economic News
👉Govt is planning to compare data filed by companies with Different Departments to detect Discrepancies and check whether there’s been any Leakage in Tax Collected, raising the prospect of even greater scrutiny. For this, GST Returns, Income Tax Filings and Transfer Pricing Submissions will be analysed and synchronised in a manner that hasn’t been possible before.
👉CBDT Extends Deadline for Filing Income Tax Returns for Flood-Hit Kerala Till September 15
👉Bombay HC upholds STT levy on Physically Settled Contracts after the CBDT tells the Court that 0.10% Securities Transactions Tax (STT) would be levied on Physical Delivery of Shares in the Equity Derivatives Segment
👉Govt to amend Warehousing Provisions to Ease Trade. The amendment would provide a Single Point for the Importer or owner to Seek Extension of the Warehousing Period and Pay Duties Online.
👉The Disciplinary Committee of IBBI levies penalty of Rs. 1 Lakh on EY partner CA Dinkar T Venkatasubramanian, who acted as IRP in a NCLT Case, as he authorized payment of his professional fee to Ernst & Young LLP. The Payment was released to EY LLP based on IRP instruction to bank, which is a violation of section 5(13) of the Code
👉Department of Industrial Policy and Promotion (DIPP) rules out 49% FDI plan in E-Retailing of Limited Inventory Indian Goods and said that there is no plan as such. India allows FDI in Ecommerce Sector through the Marketplace Model wherein the portal cannot hold inventory sold through customers.
👉Days after RBI rejected Kotak Mahindra Bank's plan of taking the Preference Share Allotment Route to reduce promoter Uday Kotak's Shareholding below 20%, Asia's Richest Banker may acquire Another Bank to meet RBI's Promoter Shareholding Norms