18th January 2K19
Economic Times
Ø May need more currency as GDP size increasing: RBI
Ø L&T Infotech acquires Ruletronics for $7.48-mn
Ø RIL first pvt co to top Rs 10,000 cr profit mark
Ø IL&FS says unable to meet interest payment obligation
Ø HUL Q3 profit rises 9% YoY to Rs 1,444 crore
Ø Reliance faces Rs 1 crore fine over NGT row
Ø Icra expects auto parts industry to grow 15% this fiscal
Business Standard
Ø Naresh Goyal sets terms for Rs 700-cr infusion into debt-laden Jet Airways
Ø I-T dept holds back Rs 20,000 crore in tax refunds to private, PSU firms
Ø Adani partners Germany's BASF for Rs 16,000-crore petrochem foray
Ø Edelweiss Financial Services ties up $1.3 billion to buy India debt assets
Ø 18 NBFC-MFIs pool Rs 835 cr for securitisation, easing liquidity crisis
Business Line
Ø GDP to be a tad higher to 7.5% in FY20: India Ratings
Ø Car market in India continues to move in slow lane: report
Ø NSEL scam: Corporate Ministry allows SFIO to prosecute everyone involved
Ø GMR in talks with MAHB on Hyderabad airport stake sale
Ø Deep in debt, Rolta India goes into stand-by mode
Ø CCI imposes ₹85-lakh penalty on Godrej & Boyce
Mint
Ø Govt mulls deemed admission of companies under insolvency law
Ø NGT asks Volkswagen to pay penalty of Rs 100 cr in 24 hrs
Ø CII asks RBI to cut repo rate, cash reserve ratio
Ø Share buybacks fail to boost share prices, investor morale
Ø Hero Future in talks to buy Fotowatio’s solar project in India
Ø Naresh Goyal refuses to cede control of Jet Airways
Financial Express
Ø Need to focus on alternative fuels: Nitin Gadkari
Ø Aurobindo to buy 7 products from US firm in $300-million deal
Ø Daiichi moves SC to restrain Fortis from transferring funds from IHH
Ø PFC to borrow Rs 14,000 crore to fund REC buy
Ø SCCL plans Rs 10,000-crore capex, eyes new coal blocks, mines
Financial Chronicle
Ø Telecom sector may stabilise soon post-consolidation: Trai chairman
Ø Singed Shalimar Paints plans mega come back
Ø Gujarat cotton output may fall 48% this year
Ø SBI: Only preserving time value of money in Essar
Ø Philips Carbon Black to fix southern location of Rs 600-crore project; net jumps 92%