Happy Reading on 15.10.2018
*Mint*
=> Govt invites bids for international Udan flights
=> Cement prices may increase by up to 10% in next 6 months: CMA
=> *Facebook hack included search history, location data of millions*
=> DoT limits subscriber enrolment during network test to 5%
=> US urges India to soften stance on data localisation
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*Business Standard*
=> Honest, consistent taxpayers to be feted by govt; policy proposal in works
=> *Three of top 10 cos lose Rs 1 trillion in m-cap; TCS alone takes Rs 853-bn hit*
=> *Sell-off continues: FPIs pull-out Rs 266-bn in Oct on rupee, oil concerns*
=> US makes last-ditch effort in urging India to go easy on data localisation
=> Desi medical devices firms expand footprint, lock horns with global giants
=> 'Innocent bystanders': EMs struggle to cope with trade war, Fed rate hikes
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*Economic Times*
=> Union minister MJ Akbar refuses to quit, decides to take legal action
=> *Passengers will soon be able to file zero FIRs from on board trains*
=> DoT limits enrolment during network test to 5%
=> IndiGo eyes wide-bodied aircraft from Airbus, Boeing
=> *74 Indian companies generated €11 bn revenue in Germany*
=> PM Narendra Modi to brainstorm oil scenario with global CEOs
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*Financial Express*
=> Japanese experts to help Indian architects develop world-class bullet train stations in India
=> *Second Test:*
*🇮🇳 India complete West Indies rout as Umesh Yadav takes maiden 10-wicket haul*
=> *India venture capital market saw investments of over $2 billion in Q3: KPMG*
=> Soyuz MS-10 rocket fails mid-air, makes emergency landing in Kazakhstan desert
=> SC stays Uttarakhand HC order banning plying of two-wheelers on a Haldwani street
=> DCW launches separate email id to report cases of sexual harassment under MeToo
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*Hindustan Times*
=> Maharashtra to allow online sale, home delivery of liquor
=> Manohar Parrikar returns to Goa, to continue medical treatment at home
=> *Consistent taxpayers to be honoured by Government, policy proposal in works*
=> Rishabh Pant moves past MS Dhoni’s record
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*Indian Express*
=> Standing tall at 182 metres, India's 'Statue of Unity' in Gujarat ready for inauguration
=> *Facebook Messenger will soon have 'Unsend message' button*
=> Presidential assent to Assam bill on retrenching up to 300 employees sans Govt. approval
=> Missing journalist case: Saudis warn against US threats as stocks plunge
=> *Cyclone Leslie slams into Portugal, leaves 27 injured*
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*The Hindu*
=> #MeToo: Akbar threatens to take legal action against his accusers
=> Gurugram judge’s wife dies hours after being shot by security guard
=> *Youth Olympic Games 2018 kicks off in Buenos Aires*
=> *Malaysia keen on adopting Aadhaar model for target delivery of subsidies*
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*The Times of India*
=> US defence chief Mattis 'could be leaving': Trump
=> Maharashtra to start home delivery of liquor
=> From July 2019, DLs to be uniform across India
=> *Delhi air pollution: Emergency plan to kick in from Monday*
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*अमर उजाला*
=> लोकसभा चुनाव से पहले 'संविधान बचाओ, देश बचाओ यात्रा' की तैयारियों में जुटी कांग्रेस
=> भारत के आधार मॉडल की तर्ज पर अपनी पहचान प्रणाली में तब्दीली करेगा मलयेशिया
=> यूपी: शाहजहांपुर में निर्माणाधीन इमारत गिरी, मलबे में दबे कई मजदूर, 1 की मौत
=> दिल्ली के एम्स से छुट्टी मिलने के बाद गोवा लौटे मनोहर पर्रिकर, 15 सितंबर से थे भर्ती
=> कांग्रेस विधायक अल्पेश ठाकोर के सिर पर एक करोड़ का ईनाम घोषित
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*हिन्दुस्तान*
=> *ईमानदारी से TAX चुकाने वालों को मिलेंगी सरकारी सुविधाएं और विशेष दर्जा*
=> उत्तराखंडः सेना ने पांच घंटे में 15 धमाकों से उड़ाई 20 मिसाइलें
=> *पाकिस्तानः ऑटो ड्राइवर के अकाउंट से 300 करोड़ रुपयों का लेनदेन*
=> काशी विद्यापीठ : अध्यक्ष पद पर ABVP, अन्य पर समाजवादियों का कब्जा
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*दैनिक जागरण*
=> *यात्रीगण कृपया ध्यान दें! अब चलती ट्रेन में एप से दर्ज करा सकेंगे एफआइआर*
=> शाहजहांपुर में निर्माणाधीन कालेज का लिंटर गिरने से दो दर्जन मजदूर दबे
=> मक्का मस्जिद धमाके में फैसला सुनाने वाले जज अब राजनीति में
=> अफगानिस्तान में तालिबान ने आर्मी बेस पर किया हमला, 17 सैनिेकों की हत्या
=> भारत के पेशेवरों की बढ़ी आस, ट्रंप बोले-केवल योग्य विदेशी ही आएं अमेरिका
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*प्रभात ख़बर*
=> सबरीमला मुद्दे पर महिलाओं के खिलाफ आपत्तिजनक टिप्पणी, अभिनेता पर मामला दर्ज
=> *फिल्म 'नाची से बांची' को शिमला Film festival में मिला स्पेशल जूरी डॉक्यूमेंट्री अवार्ड*
=> ग्रीन कार्ड में प्रस्तावित बदलाव का अमेरिका में एशियाई समुदाय ने किया विरोध
=> *भारत-वेस्टइंडीज वनडे मैच वानखेड़े से शिफ्ट करने पर बवाल, MCA ने COA से कारण पूछा*
=> Study: बृहस्पति के चंद्रमा यूरोपा पर है बर्फ की बनी धारियां
=> *Royal Enfield को टक्कर देने लौट रही है Jawa मोटरसाइकिल, Mahindra अगले महीने करेगी लॉन्च*
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15.10.18 Economic News
👉The bankruptcy court has decided to entertain a plea by Videocon Group founder Venugopal Dhoot seeking to consolidate separate insolvency proceedings initiated by lenders led by State Bank of India against 15 of his companies under a single court.
👉The Reserve Bank of India (RBI) is not expected to hike key lending rates in the current fiscal.
👉SEBI imposed a total fine of Rs 7 lakh on three entities for failing to disclose the change in their shareholding in PMC Fincorp. SEBI fined Seabird Retails Pvt Ltd and Seabird Distributors Pvt Ltd Rs 3 lakh each, while it imposed a penalty of Rs 1 lakh on Economy Suppliers Pvt Ltd for violating PIT (Prohibition of Insider Trading) and SAST (Substantial Acquisition of Shares and Takeover) Regulations.
👉Corporates are now realising that coming to terms with GST means a more drastic change to their tax infrastructure than the basic compliance-related changes they have made so far.
👉 Pyramid Infrastructure , a real estate company, has dragged the government to court over the constitutional validity of the anti profiteering mechanism under the goods and services tax and claim the anti-profiteering mechanism lacks clarity and violates the fundamental rights of citizens such as freedom of speech and equality.
👉The Department of Industrial Policy and Promotion (DIPP) Friday said it has developed a portal for facilitating filing of online applications for industrial entrepreneurs' memorandum (IEM) and industrial licence (IL). "This portal will be available for public with effect from October 16 for filing application and no applications shall be received through e-biz portal or in physical form.
15th October 2K18
Economic Times
Ø NCLT stands firm, denies govt the time it wanted for IL&FS
Ø Grant Thornton under lens for 'inflated' valuation of KFA
Ø 74 Indian cos generated €11 bn revenue in Germany
Ø India urges IMF to implement quota reforms
Ø DoT limits enrolment during network test to 5%
Business Standard
Ø Residential property sales increase 15% in second quarter
Ø Honest, consistent taxpayers to be feted by govt; policy proposal in works
Ø PM Modi to meet CEOs of global energy majors over crude oil scenario
Ø Non-essential items unlikely to see more import duty hikes: Officials
Ø Govt may give STC Rs 25 bn bank guarantee to help resolve liquidity problem
Ø Expect 3 more qtrs of losses for telcos due to unsustainable tariffs: COAI
Business Line
Ø Centre to urge PSBs to ease lending to exporters
Ø Bank credit rises by 12.51%, deposits by 8.07%
Ø ‘NSE will attract retail participation in commodities’
Ø Cement prices may increase by up to 10% in next 6 months: CMA
Ø Cloudtail India posts loss in FY18 despite 27% growth in revenue
Ø AMFI delays campaign promoting debt funds amid market woes
Mint
Ø Govt invites bids for international Udan flights
Ø US urges India to soften stance on data localisation
Ø Dr Reddy’s Labs recalls 35,000 tubes of skin infection cream from US
Ø Tata Steel plans capacity expansion at Bhushan Steel plant
Ø FPIs remain in sell-off mode, pull out ₹26,600 crore in 2 weeks
Financial Express
Ø Coal India dispatches 84% coal to power sector in October
Ø PM Modi to meet top global CEOs on Monday, discuss oil scenario
Ø RBI unlikely to hike rates in rest of FY19: SBI report
Financial Chronicle
Ø Crop insurance: Payout ratio jumps after Centre’s prodding
Ø Govt to give priority to power producers for coal supply; private plants in lurch
Ø Irdai draft on reinsurance norms likely next month
Ø Domestic firms worried as non-ferrous metal imports see big jump
Ø Banks have reached NPA cyclical peak; corporate credit offset to accelerator
