Friday, 26 October 2018

25 October 2018 News

25th October 2K18

Economic Times

Ø  RBI may look at relaxing PCA framework
Ø  India plans trade deal to boost exports to China
Ø  NCLT directs to move Videocon pleas to one court
Ø  Vistara gets Rs 2,000 cr from Tata Sons, SAL
Ø  Tata Trusts denies Ratan Tata's meeting with UK PM

Business Standard

Ø  Benami cases: Cabinet okays Adjudicating Authority
Ø  Airtel's Africa arm gets $1.25 bn from 6 investors, IPO to follow
Ø  No anti-dumping duty on chemicals imported from China, Germany, Saudi: Govt
Ø  Cabinet approves BRICS MoU for joint cooperation in social, labour sphere
Ø  Govt okays Rs 75-bn fund to help boost fish production, jobs in fisheries
Ø  IDFC Bank in red for 1st time since market debut, posts Rs 3.7-bn net loss
Ø  Sebi proposes measures to strengthen framework for debenture trustees

Business Line

Ø  Bajaj Auto Q2 net rises 5% on robust sales
Ø  Co-location exits drag Bharti Infratel net down to ₹600 cr
Ø  No more BS IV vehicle sales from April 2020, says SC
Ø  Heinz acquisition bodes well for Zydus Wellness
Ø  UAE-based BRS Ventures to invest in Indian healthcare
Ø  VC funding for digital health cos rises 46% to $8 b in 9 months

Mint

Ø  Wipro Q2 profit drops nearly 14% to ₹ 1,889 crore
Ø  Manipal eyes Medanta after failed Fortis Healthcare bid
Ø  Jubilant FoodWorks Q2 profit rises 60% to Rs77.7 crore
Ø  BoB, Vijaya Bank, Dena set up committees on loans, HR and IT
Ø  RIL takes Reliance Jio route for Jio Payments Bank launch
Ø  Supreme Court tells RCom to pay Ericsson dues by 15 December

Financial Express

Ø  India has most outward migrants in 2017, says ADB report
Ø  Cyrus Mistry floats startup investment fund on second anniversary of his ouster from Tata Sons
Ø  L&T Infotech Q2 net profit surges over 46% to Rs 400 crore
Ø  India’s economic growth not inclusive enough, inequality rises
Ø  Business confidence rises marginally in Oct-Dec

Financial Chronicle

Ø  63 Moons gets interim relief from high court
Ø  Manappuram NCDs offer up to 10.40% interest
Ø  Modi calls for 'tax-plus one' system of honest tax payment
Ø  PMO asks Sebi to tighten vigil on bond market