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Wednesday, 16 January 2019

16 January 2019 News

16th January 2K19

Economic Times

Ø  Trade deficit narrows to USD 27.93 billion in Dec
Ø  Fertiliser Min seeks add'l Rs 23,000 cr to clear dues
Ø  Banks expected to report higher credit growth: Report
Ø  RBI to inject Rs 10,000 crore through open market operations this week
Ø  UK rejects PM May's EU divorce deal by 230 votes

Business Standard

Ø  Rs 20,000 cr: Amount provident funds may have lost to IL&FS
Ø  Telcos may have to spend Rs 1.25 trn on court cases, stare at huge loss
Ø  IL&FS bows out, govt to invite tenders for Zojila tunnel for the third time
Ø  SC reserves judgment on plea challenging validity of IBC
Ø  Regulatory challenges in India bring Amazon, Walmart into unlikely alliance
Ø  Biocon likely to channelise investments towards non-insulin biologics

Business Line

Ø  Exports up 0.34% in Dec; trade deficit narrows
Ø  ‘India among world’s leading exporters of creative goods’
Ø  Zee Entertainment Q3 net profit up 50.5% to Rs 562.76 cr
Ø  Govt mulling import duty hike on iron ore
Ø  Network18 reports Q3 net profit of Rs 77.16 cr

Mint

Ø  Volkswagen, Ford to announce automotive alliance
Ø  European Union to step up planning for no deal Brexit
Ø  Govt forms panel to resolve GST issues troubling real estate sector
Ø  Air passenger traffic to grow sixfold by 2040: Report
Ø  Adani Transmission to raise up to ₹3,000 crore via QIP
Ø  HPCL unlikely to partner Total for LPG cavern in Mangalore

Financial Express

Ø  Sebi amends guidelines for Real state Investment Trusts, Infrastructure Investment Trusts
Ø  Fortis Healthcare completes acquisition of Singapore-listed RHT assets
Ø  Delhi HC seeks government’s response on Dena-Vijaya-Bank of Baroda merger
Ø  Liberty moves NCLAT against MSTC’s Rs 100 crore claim from Amtek Auto
Ø  Moody’s lowers Ireda rating outlook on rising ‘problem assets’

Financial Chronicle

Ø  Syndicate Bank creates vertical to recover Rs 27,000 cr NPAs
Ø  Role of credit rating agencies’ must be assessed: Rajiv Kumar
Ø  Volkswagen to contest NGT fine of Rs 171.34 cr
Ø  BoB may get Rs 7,000-8,000 cr ahead of merger rollout
Ø  MPC could leave rates unchanged in February
Ø  90% of wood for paper grown by farmers in India