Thursday, 31 January 2019

31 January 2019 News

31st January 2K19

Economic Times

Ø  Govt to probe allegations against Dewan Housing
Ø  Oilfield auction: Vedanta, ONGC, others put in bids
Ø  India may again defer duty hike on US products till
Ø  NCLT initiates insolvency process against Emaar MGF
Ø  Postal dept to spin off life insurance biz into separate unit
Ø  US Fed leaves rates steady, says will be 'patient' on future hikes
Ø  Zydus Wellness completes acquisition of Heinz India

Business Standard

Ø  Unemployment rate at four-decade high of 6.1% in 2017-18: NSSO survey
Ø  ICICI Bank Q3 profit declines 3% to Rs 1,605 cr, GNPA ratio improves
Ø  Govt arms DIPP with policy oversight to assume singular control over retail
Ø  Trai asks DTH firms to allow customers with long-term packs to continue
Ø  SBI Research report backs govt to meet fiscal deficit target this year

Business Line

Ø  Piyush Goyal to present interim Budget on Feb 1
Ø  Govt renames DIPP as Department for Promotion of Industry and Internal Trade
Ø  Divestment process for Air India subsidiary likely to begin in 10 days
Ø  RTIL’s largest investor moves NCLAT
Ø  JSW Energy net profit up by 212% at Rs 146 cr
Ø  Bajaj Auto Q3 profit up 20% to Rs 1,220.77 cr

Mint

Ø  Chanda Kochhar sacked after probe panel indictment
Ø  Godrej Consumer’s household insecticides performance repels investors
Ø  HCL Tech’s new IBM products will help generate 30% profit
Ø  Investcorp acquires IDFC Alternatives’ private equity, realty arms
Ø  IBC may go the way of Sarfaesi Act if cases are not resolved soon: Seshagiri Rao
Ø  Indian Oil looking for annual deal to buy US oil

Financial Express

Ø  Nudge by govt: Buyback spree by PSUs to begin with Coal India
Ø  Essel set to sell solar business to Actis
Ø  Stung by falling crude prices, IOC net falls 91 per cent to Rs 717 crore
Ø  Jubilant Foodworks reports 46 per cent rise in Q3 net profit
Ø  Bailout Planning: Jet Airways may turn to Adani Group for investment

Financial Chronicle

Ø  Govt may hold back Q4 fertiliser subsidy to meet fiscal deficit goal
Ø  SC refuses to interfere in 63 Moons case, asks HC to conclude hearing in Feb
Ø  PM credits demonetisation for affordable housing
Ø  Accenture to sell software that eats up BPO jobs
Ø  HDFC net falls to Rs 2,114 crore