Thursday, 10 January 2019

10 January 2019 News

10th January 2K19

Economic Times
 
Ø  Saudi to slash oil exports by 800,000 barrels per day
Ø  Ashok Leyland bags orders for 2,580 buses
Ø  RBI makes changes to Gold Monetisation Scheme
Ø  Telcos fail to meet quality norms in Jun-Sep 2018
Ø  Govt recommends Maharatna status to Power Grid
Ø  Banks give $900-million idea to Jet to stay afloat
Ø  Telcos for lawful interception of OTT messages

 Business Standard

Ø  IndusInd Bank posts 5% growth for Dec quarter due to IL&FS provisioning
Ø  Adani Group may pick 51% lenders' stake in TN's power firm Coastal Energen
Ø  Drop in oil, metal prices likely to hurt Nifty50 companies' Q3 net profit
Ø  Aurangabad, Chennai plants may be sold, not shut: Pfizer tells employees
Ø  Maharashtra cooperative mills seek release of pledged sugar held with PSBs

Business Line
 
Ø  India poised to become third-largest consumer market: WEF
Ø  India’s bauxite output growth to accelerate: Fitch
Ø  IOC bullish on producing fuel from CO2 in 3 years
Ø  ABB’s global business rejig will benefit Indian operations
Ø  MCA summons officers, directors of Usha Martin
Ø  Adani Group to develop Data Center Park in Vizag
 
Mint

Ø  Venture capital exits climb to a record $165 billion in 2018
Ø  Interim Budget 2019 on 1 Feb, Jaitley may play poll tune
Ø  Bhushan Steel to raise ₹24,000 crore from Tata Steel
Ø  30 suitors line up for IL&FS road asset sale
Ø  Essel Group in talks to raise $400 million to refinance debt
Ø  Auto firms say steel import norms will delay manufacturing

Financial Express
 
Ø  GST will boost India’s economic growth in coming years: India Inc
Ø  Air India stake sale to fetch Rs 7,000 crore; govt eyes disinvestment next fiscal year
Ø  Buy-backs, dividends to government left HAL poorer by Rs 15,500 Crore
Ø  Binani Cement: SC rejects Dalmia Bharat’s review petition
 
Financial Chronicle

Ø  Shell acquires 26% stake in Hazira LNG
Ø  Asirvad to secure PE funding; aims for IPO, Rs 10,000 crore AUM
Ø  CII for doubling I-T exemption to Rs 5L, hiking 80C deduction limit
Ø  Rs 18,000 crore subsidy in works for stressed gas-based power projects