Quote of D-DAY
God didn’t promise...
Days without Pain, Laughter without Sorrow, Sun without Rain!
But God Did promised
Strength for the Day Comfort for the Tears
And Light for the Way
Good Morning !!!
Happy Reading on 11.10.2018
*Mint*
=> Windfall for engineers as IT salaries shoot up
=> Government workplaces lag in setting up anti-sexual harassment mechanisms
=> *Oyo’s overseas expansion runs into a Chinese wall*
=> *P&G India fund to invest in Indian start-ups*
=> *Bandhan Bank to soon submit promoter shareholding reduction plan to RBI*
=> *Smartphone sales set to cross $1 bn-mark in Flipkart, Amazon sale events*
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*Business Standard*
=> *IL&FS books, riddled with irregularities, sent to audit regulator NFRA*
=> *Tatas take control of AirAsia India with new CEO Sunil Bhaskaran, board*
=> Row over jets contract: Rafale deal a quid pro quo, says French media
=> *Tata Motors gears up to cross M&M in domestic passenger vehicle sales*
=> Cyclone Titli to make landfall at Odisha-Andhra border on eastern coast
=> ATF excise cut unlikely to give airlines relief, reduce customers' airfares
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*Economic Times*
=> *Asia shares trampled in Wall Street rout, eyes on China*
=> *SAIF partners moves to NCLT against Srinivas Raju alleging fraud*
=> Banks may not take a decision on stressed power plants by October 15
=> ONGC plans to buy 27 rigs for up to Rs 3,500 cr
=> *Zydus leads race for Complan with Rs 4,500-crore bid*
=> Mobiles on Amazon sale: 27% discount on Iphone X, 32% on Samsung Galaxy S9 today
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*Financial Express*
=> Banks not passing Repo cuts to home loan borrowers: SC directive displays lack of knowledge of banking
=> Going need-based: Google's move to cut requests for data by apps is a security boost for users
=> *Bonanza! Maharashtra government pays Rs 106 crore in subsidy to dairy farmers*
=> *Relief for suppliers to insolvent companies: IBC amendment now provides priority to operational creditors*
=> *Diwali dhamaka! Big good news for railway employees - Modi Cabinet approves productivity-linked bonus*
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*Hindustan Times*
=> Cyclone Titli hits Odisha coast, trees uprooted, flights, trains cancelled
=> ‘India will soon find out’: Trump on sanctions for defence deal with Russia
=> Reliance pact was ‘imperative’ and ‘mandatory’ for Dassault: Report
=> Ancient Knowledge Systems course to remain for engineering students
=> *Defence Minister Sitharaman likely to visit Dassault plant in France*
=> *Only one boundary scored in a T20 match as Malaysia beat Myanmar*
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*Indian Express*
=> #MeToo movement: New allegations of assault, Govt weighs its Akbar option
=> Rafale deal: To get contract, deal with Reliance was a condition, says Dassault official
=> As SAARC project loses all steam, Delhi needs to reimagine its economic and political geography
=> SPG rejig gives more power to Ajit Doval, handle to PMO
=> NHRC requires independent investigation mechanism, diversity in composition
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*The Hindu*
=> *Very severe cyclonic storm ‘Titli’ makes landfall near Gopalpur in Odisha: IMD*
=> Reliance choice was must: Dassault official
=> North Indian migrant workers exodus abating in Gujarat; 10 held for hate messages
=> Centre sets ‘minimum river flows’ for the Ganga
=> Nirmala Sitharaman begins France visit today
=> Nimhans clinic treats first case of ‘Netflix addiction’
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*The Times of India*
=> Give Rafale decision-making process details: SC
=> Amid US trade war, China woos India
=> Seal 9 Amrapali premises for audit, says SC
=> I-T searches AAP minister’s premises in Delhi
=> Schools with over 40 kids/section to be penalised
=> Cognizant lays off 200 senior executives
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*अमर उजाला*
=> 194 नेताओं ने चुनाव आयोग को दी पैन कार्ड की गलत जानकारी, भाजपा-कांग्रेस के नेता भी शामिल
=> राफेल डील में रिलायंस को शामिल करने की रखी गई थी 'जरूरी शर्त', फ्रांसीसी पत्रिका का खुलासा
=> स्कूल में धर्म के नाम पर बांटी क्लास, बनाए आठ सेक्शन, प्रिंसिपल सस्पेंड
=> एससी-एसटी एक्ट में 180 दिन बाद भी हो सकेगी अपील: हाईकोर्ट
=> ओडिशा में खतरनाक हुआ तितली तूफान, सुरक्षित स्थान पर पहुंचाए जा रहे हैं दो लाख लोग
=> गुजरात हिंसा : मुख्य सचिव और डीजीपी को मानवाधिकार आयोग ने नोटिस जारी कर मांगा जवाब
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*हिन्दुस्तान*
=> आंध्र-ओडिशा तट पर चक्रवाती तूफान 'तितली' का तांडव, हजारों ने घर छोड़े, स्कूल-कॉलेज बंद
=> LPG की बढ़ती कीमतों के बीच अब सरकार किस्तों पर देगी इंडक्शन चूल्हा
=> राफेल विवाद के बीच सीतारमण 3 दिवसीय फ्रांस यात्रा पर रवाना हुईं
=> अमेरिका : प्रचंड हुआ फ्लोरिडा की ओर बढ़ रहा तूफान 'माइकल'
=> बांग्लादेशः पूर्व पीएम खालिदा जिया के बेटे को उम्रकैद, 19 को फांसी
=> पाकिस्तान के नए आईएसआई चीफ बने लेफ्टिनेंट जनरल असीम मुनीर
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*दैनिक जागरण*
=> चक्रवाती तूफान 'तितली' से सहमा ओडिशा, भयंकर तबाही का खतरा
=> दिल्ली: धर्म के आधार पर बांटे गए छात्र, मंत्रालय ने मांगी रिपोर्ट, प्रधानाचार्य निलंबित
=> IND vs WI: वनडे सीरीज के लिए धौनी और कोहली के चयन पर होगी सभी की निगाहें
=> गुजरात में सरदार पटेल तो हरियाणा व पंजाब दीनबंधू छोटूराम बनेंगे भाजपा के 'तारणहार'
=> राफेल पर उठे विवादों के बीच फ्रांस दौरे पर निर्मला सीतारमण
=> कांग्रेस ने कहा- राफेल सौदे को सिरे चढ़ाने के लिए अपनाये गए सारे हथकंड़े
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*प्रभात ख़बर*
=> *ओडिशा और आंध्र के तट से टकराया तूफान 'तितली'*
=> झारखंड के लिए विजय हजारे ट्रॉफी के नॉकआउट मैच खेल सकते हैं धौनी
=> सुप्रीम कोर्ट के आदेश पर आम्रपाली समूह के कार्यालयों को सील करने की प्रक्रिया शुरू
=> मुजफ्फरपुर बालिका गृह यौन शोषण मामला : सीबीआई ने परिसरों, एनजीओ के कार्यालय पर तलाशी ली
=> New Farakka Express रेल हादसा: सात की मौत, डिब्बे के पटरी से उतरते ही मच गयी चीख-पुकार
=> इंटेल का नाइंथ जेनरेशन इंटेल कोर एक्स सीरीज प्रोसेसर हुआ लॉन्च
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11.10.18 Economic News
👉CBDT lays down the functionality for processing of Returns having Refund Claims which were not processed within the time allowed u/s 143(1) due to some technical or other reasons.
👉CBIC clarifies that Both the State and Central Authorities handling the GST have Enforcement Powers over All Assessees in a State. Both the Central Tax and State Tax Authorities are allowed to Initiate Intelligence-Based Enforcement Action on the entire taxpayer base, irrespective of the administrative assignment of the taxpayers to any authority.
👉CCI amends its regulations to make it easier for corporations to Secure Approvals for Mergers and Acquisitions (M&A). It allows companies to Voluntarily Divest Assets for M&A Approvals.
👉With an aim to deepen the Commodity Derivatives Market, SEBI allows trading in this segment by Foreign Entities with exposure to the Indian Physical Commodity Market.
👉As per Govt Sources, IL&FS will be New Audit Watchdog NFRA's First Test Case. Set up recently, NFRA has the powers to launch a Suo Motu Investigation on Suspected Accounting Irregularities. It is also empowered to penalise Chartered Accountants and Audit Firms
👉ICAI releases Exposure Draft on Accounting Standard (AS) 40: Investment Property, which is slightly different from the Indian Accounting Standards (Ind-AS) of the Ministry of Corporate Affairs (MCA).The stakeholders can submit their comments on or before 10th November 2018.
11th October 2K18
Economic Times
Ø Govt is stepping up efforts to ease liquidity
Ø ONGC plans to buy 27 rigs for up to Rs 3,500 cr
Ø Banks may decide on stressed power plants by Oct 15
Ø Voda Idea moves TDSAT to recover bank guarantees
Ø Draft electronics policy aims $400 bn turnover by '25
Ø Government to shut Biecco Lawrie Limited
Ø Zydus leads race for Complan with Rs 4,500-crore bid
Business Standard
Ø IL&FS books, riddled with irregularities, sent to audit regulator NFRA
Ø Tatas take control of AirAsia India with new CEO Sunil Bhaskaran, board
Ø States to bear brunt of fuel price cuts, impact to be felt in H2 of FY19
Ø SFIO narrows on five IL&FS firms for fund diversion, mismanagement
Ø Sebi restrains broker from liquidating DHFL shares after Rs 2-bn default
Ø Trillions in US net worth vulnerable to recession, says IMF report
Business Line
Ø GST dues: Exporters want Govt to organise 4th tranche of special refund
Ø India’s debt lower than best, emerging market economies: IMF
Ø PE/VC investments fall 23% to $6.7 billion in Q3; exits decline 71%
Ø Competition panel notifies changes to combination rules
Ø Emission control: Banks wary of funding thermal power plants
Ø IBBI removes 30-day deadline for payment to operational creditors
Mint
Ø Cabinet nod to merger of skill development bodies
Ø Commercial paper borrowings spike in H1 FY19: RBI data
Ø IMF backs higher interest rates to anchor expected rise in inflation
Ø India feels RCEP may frame tighter rules on state-owned enterprises
Ø Bandhan Bank Q2 profit jumps 47% to Rs 487 crore
Ø PTC inks $1.8 billion power supply deal with Bangladesh
Financial Express
Ø Call connection time, call mute on Trai's radar; seeks operators data for a fix
Ø Tata Steel's next acquisition gets a step closer; Usha Martin seeks shareholders' nod for deal
Ø Rakesh Sharma takes charge as MD & CEO of IDBI Bank
Ø Experts urge GoM, GST council, to increase cess on tobacco products
Ø Further escalation of trade tensions may damage market sentiment, harm global growth: IMF
Financial Chronicle
Ø Excise duty on ATF lowered to 11%, aviation stocks soar
Ø Irdai for 100% FDI in entire insurance intermediary sector
Ø Zee Entertainment net slips 38% to Rs 386 cr
Ø Insurers told to cover HIV/AIDS patients
Ø Usha Martin to seek shareholders’ nod for sale of steel biz to Tatas
