Friday, 11 January 2019

11 January 2019 News

11th January 2K19

Economic Times

Ø  Jet said to weigh a restart of bailout talks with Tata Sons
Ø  RBI to eye Q3 nos before easing lending curbs
Ø  GST exemption limit doubled for small cos
Ø  Syndicate Bank hints loan waiver may hit NPA reduction
Ø  Gautam Singhania to exit Raymond, one unit at a time
Ø  India's fiscal deficit target overshot by 15 pc: DBS
Ø  ONGC unit wins arbitration against Daelim Ind Co

Business Standard

Ø  TCS net profit crosses Rs 8,000-crore milestone in Q3, jumps 24% y-o-y
Ø  Non-resident Indians step up deposits in November by $4.15 billion
Ø  Unemployment rose to a 4-year high during demonetisation: Govt survey
Ø  Govt to carry over Rs 25,000 crore in pending petroleum subsidies to FY20
Ø  Coal India likely to auction 30 million tonnes of coal in Jan-Mar quarter

Business Line

Ø  India, Japan bilateral currency swap gets Cabinet nod
Ø  Essar’s AGC Networks completes acquisition of US-based Black Box
Ø  UK-based Boustead bids for debt-ridden RTIL
Ø  Illegal pepper imports hit domestic prices, demand
Ø  Centre mulls transport subsidy for States to push farm exports

Mint

Ø  Brexit impact: Jaguar Land Rover to cut 4,500 jobs worldwide
Ø  Bandhan Bank’s Q3 profit rises 10.3%, provisions treble
Ø  RBI to scan Q3 results before deciding on relief for PCA banks
Ø  SBI selects banks for $1.4 billion share sale
Ø  NBFC liquidity crisis hits India’s auto industry hard

Financial Express

Ø  Sluggish capacity addition: Power ministry tightens solar project timelines
Ø  Renault India’s losses in FY18 grow over twofold to Rs 850 crore
Ø  Ascendas-Singbridge plans to double commercial office portfolio
Ø  Praj 2G bio-refineries for OMCs on track; compressed gas added to tech basket
Ø  Royal Enfield to make further cut in production

Financial Chronicle

Ø  Macro economic factors to drive gold demand: WGC
Ø  RBI defers capital buffer norms by a year
Ø  Provision for IL&FS caps Bandhan Bank growth
Ø  JSW readies strong bid for IL&FS energy arm
Ø  IL&FS again spooks Indusind Bank numbers, net up paltry 5% in Q3
Ø  Shell acquires 26% stake in Hazira LNG