23 November 2K18
Econimic Times
Ø Finance minister Arun Jaitley to present Interim Budget in February (Neutral, Regulatory Aspects)
Ø GDP growth may have stayed in top gear in Q2 (Positive Sentiment)
Ø EY to hire 2,000 employees to expand digital services (Positive for E&Y)
Ø Battle for IAF's Transport Aircraft contract: HAL hops on Avro replacement flight (Positive for HAL)
Ø Toyota Profit zooms to Rs 965 crore in FY18 driven by Innova, Fortuner (Positive for Toyota)
Ø SEBI slaps Rs 65 lakh fine on Apollo Tyres for violating buyback norms (Negative for Apollo Tyres)
Ø IL&FS Transportation Networks delays Q2 results citing group co's NCLT proceedings (Negative for IL&FS Transportation)
*Business Standard*
Ø PSBs get more Power to ask Govt for look-out Circulars against Defaulters (Positive for PSB Banks)
Ø Rupee nears 3-Month high of 70.69 as Brent Crude falls to $63.25 a Barrel (Positive for Importers, Negative for Dollar based Exporters)
Ø Worst may be over, but textile exporters still face a long road to recovery (Negative for Textile Exporters)
Ø After resigning from Tata Trust, Amit Chandra plans to quit Tata Sons board (Negative for Tata)
Ø Low on Opex, High on benefits: Vodafone Idea readies to fight rivals (Positive for Vodafone Idea)
Ø Global giants Netflix, Amazon Prime grab a large chunk of India's OTT space (Positive for Netflix, Amazon)
*Business Line*
Ø Ranjan Mathai Quits Jet Airways Board as Independent Director (Negative for Jet Airways)
Ø Nissan votes unanimously to fire Chairman Ghosn, ending two decade reign (Negative for Nissan)
Ø JNPT, APSEZ, Veritas in 3-way fight to buy Dighi Port (Neutral)
Ø Cabinet approves Allied and Healthcare Professions Bill. This Bill is for regulation and standardisation of education and services by allied and healthcare professionals (Positive Regulatory Aspects)
Ø German Study: Chennai-Mysuru in two-and-half hours by Rail is feasible (Positive)
*Mint*
Ø Govt authorises Public sector bank CEOs to request for look-out circulars against wilful defaulters (Positive for PSU Banks)
Ø HC rejects Mallya’s plea for stay on ED’s request to declare him fugitive (Negative for Vijay Mallya Owned Firms)
Ø Airtel completes Tender offer to buyback $1.5 Billion Debt (Positive for Airtel)
Ø Tax soup for Restaurants not sharing service charges with staff (Positive for Restaurant Services Employees, Negative for Default Restaurants)
Ø SEBI comes out with new rules for Re-Classification of Promoter as Public Investor (Positive)
