Wednesday, 23 January 2019

23 January 2019 News

23rd January 2K19

Economic Times

Ø  India to surpass China as oil demand centre in 2019
Ø  NCLAT may look in issue of frivolous bids under CIRP
Ø  Reliance Industries gets CCI nod to acquire Hathway, DEN
Ø  Govt to approve power tariff policy soon: R K Singh
Ø  7.32 lakh jobs created in November: EPFO payroll data
Ø  IL&FS effect: Icra downgrades 6 funds from HDFC, UTI, Birla AMC

Business Standard
 
Ø  RBI announces Rs 10,000-cr bond buyback on Thursday to improve liquidity
Ø  Six extensions later, govt cancels sole bid for solar unit, power plant
Ø  Sebi issues new format for mutual funds' monthly cumulative report
Ø  Indian Oil to shut half of Panipat refinery from mid-Feb for maintenance
Ø  HDFC Life reports 20% rise in net profit at Rs 913 cr in 9 months of FY19

Business Line
 
Ø  Move to allow NITI Aayog to steer drug-price control raises hackles
Ø  Sourcing steel locally has ensured ₹8,000-cr savings: Minister
Ø  India 4th most attractive investment market: PwC survey
Ø  NMDC revives sponge iron unit in Telangana
Ø  Reliance gets green signal for Jamnagar refinery expansion
Ø  Sun Pharma replaces formulations distributor with own unit
 
Mint

Ø  Government likely to target about ₹800 billion from divestment in FY 19/20
Ø  India likely to overtake US in steel consumption in 2019: Steel minister
Ø  Jaypee Infratech bankruptcy: Lenders may extend deadline to submit revival plan
Ø  Aluminium, zinc edge up on signs of tighter China supply
Ø  IL&FS crisis: Govt to seek special dispensation from Reserve Bank

Financial Express
 
Ø  India’s 7% growth good, but not enough jobs getting created, says Raghuram Rajan
Ø  Reliance Nippon Life Asset Q3 net profit drops 17 pc to Rs 109 crore
Ø  Commerce Ministry seeks stakeholders’ views on report to revive SEZs
 
Financial Chronicle

Ø  Reliance Retail 94th among top 250 global retailers
Ø  Sun Pharma shares up 5% after firm replaces domestic formulations distributor
Ø  Installment payment allowed for PA benefit-based health policy claims
Ø  Advances, margin boost Kotak Bank net profit by 13.5%