Thursday, 27 December 2018

27 December 2018 News

27th December 2K18

Economic Times

Ø In 8 months, state refiners use 63% of Rs 89,000 cr capex target for FY 19
Ø Private sector report 41% growth in net profits in Q2: RBI
Ø Huawei's smartphone shipments exceed 200 mn units in 2018
Ø Institutional investment in real estate may rise slightly to USD 5.5 bn in 2018
Ø Companies CSR expenditure rises 47 per cent in 4 years to FY18: Survey
Ø HUL to consider legal options on National Anti-profiteering Authority (NAA) order
Ø After 22 years, McDonald's makes its 1st India profit

Business Standard

Ø Broadcasters line up bouquets on offer as tariff order deadline nears
Ø SIDBI plans to raise Rs 50 billion via bonds for refinancing activity
Ø MMTC looks to firm up iron ore supplies for key Odisha steel plant
Ø Govt pegs FY19 current account deficit at 2% of GDP on slide in oil prices
Ø Non-life insurers see 13.2% rise in premiums in April-Nov: Irdai Report
Ø Compensation cess of Rs 200 billion to help govt cut fiscal deficit
Ø Antony Waste Handling Cell files for IPO worth Rs 435-million with Sebi
Ø P-notes investment in Indian markets climbs to Rs 792 bn in November

Financial Express

Ø Government eases power exports to neighbouring nations
Ø Tata Motors aims to raise addressable market to 90%
Ø Profit margins of tea planters may contract amid wage hike
Ø 2.5 million buyers shop during Myntra, Jabong special sale
Ø Cyber security firm Seqrite detects over 2.6 crore cyberthreats targeting Indian firms during July-Sept
Ø Liquidity deficit nearly doubles to Rs 1.49 lakh cr, witnesses crunch for 11th consecutive week

Mint

Ø Flipkart, Amazon hit as govt bars exclusive, inventory sales
Ø Bimal Jalan to head panel to decide size of RBI’s reserves
Ø Bloom Hotels raises Rs 100 crore from Samena Capital
Ø Anand Rathi Wealth Services withdraws proposed ₹425 crore IPO
Ø Two wheeler sales likely to grow at 8-10% in FY19: Icra
Ø Studds helmets seeks to raise ₹100 crore before IPO
Ø Manufacturing demand robust in July-September:RBI