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Tuesday, 8 January 2019

08 January 2018 News

8th January 2K19

Economic Times
 
Ø  India to grow at 7.2 per cent in 2018-19: Government
Ø  Bandhan Bank to acquire HDFC-led Gruh Finance
Ø  Banks' NPA level on the decline: RBI Governor
Ø  Resolve issues over dues by Jan 11: SC to RCom, RJio
Ø  Govt allows ONGC, OIL to induct foreign partner
Ø  Funds to cut equity allocations in 2019: Blackrock

Business Standard

Ø  Trade war 'certainly' hurting China economy: US official
Ø  Highway labourer at par with construction worker after new wage norms
Ø   RBI forms committee to look into issues of MSMEs, functioning of banks
Ø  After 3-month gap, HPCL, BPCL to import 1 mn barrels of Iranian oil in Feb
Ø  MF equity assets only 4% of India's GDP, lags global average of 35%: Report
Ø  Essar Global Fund completes Rs 42,000 cr final debt tranche

 Business Line

Ø  Centre eyes $600-m from Round II of OALP bids
Ø  Corporates set to report lower revenue, profit growth in Q3
Ø  Direct tax mop-up rises 14.1% to Rs 8.74 lakh cr during April-Dec 2018
Ø  Lupin gets USFDA nod for generic schizophrenia drug
Ø  US-based Ecolab sets up global digital centre in Bengaluru
Ø  IL&FS Transportation defaults on dividend payment of Rs 7.12 cr
 
Mint

Ø  HDFC is the biggest winner in Bandhan-Gruh Finance merger
Ø  India takes over operations of part of Chabahar port in Iran
Ø  KPMG special audit finds Reid & Taylor promoters defrauded firm of ₹3,524 crore
Ø  Bitcoin pushes past $4,000 as technical gauge turns positive
Ø  15 airlines bid for 111 routes in third round of UDAN auction
 
Financial Express

Ø  Elon Musk lays foundation of USD 7 billion Tesla plant in China
Ø  Jet Airways in talks to defer or reduce payments to vendors as lenders push for revival plan by month-end
Ø  Crude shocker can be rude shocks for economy: RBI economists
Ø  Amazon emerges as most valuable US firm amid market turmoil
Ø  Srei, Norway’s ECN in equipment import pact

Financial Express

Ø  Rs 40,000 cr investment expected in OALP-II bid round
Ø  To improve revenues, BSNL ties up with Eros for web content
Ø  OVL acquisitions fail to augment energy security
Ø  No decision on interim dividend yet: RBI