Thursday, 7 February 2019

07 February 2019 News

7th February 2K19

Economic Times
 
Ø  RBI board meeting deferred to February 18
Ø  New broadcasting regime to cut tariff by 15%: Trai
Ø  Dalmia-OCL announces its first overseas acquisition
Ø  Trump seeks to expand power to impose reciprocal tariffs
Ø  Essel open to selling over 50% stake in ZEEL
Ø  Banks need Rs 20L cr deposits for loan growth: Report
Ø  Lupin reports Rs 152 crore Q3 loss; sales rise 12%

Business Standard
 
Ø  PNB aims to recover Rs 10,000 crore from bad loans in March quarter
Ø  Cabinet approves amendments to bill to check unregulated deposit schemes
Ø  673,000 unsold homes hold the key to India's next shadow-banking crisis
Ø  Sebi, exchanges in a huddle after sharp slide in stock prices of companies
Ø  Siemens posts 19.7% rise in Oct-Dec quarter at Rs 228 cr on higher revenues

Business Line
 
Ø  Greater efforts will be needed to reduce fiscal deficit: IMF
Ø  Just 20% urban houses completed under ‘Housing for all’
Ø  We have been most honest with our fiscal numbers, says Goyal
Ø  GAIL cancels ₹166-cr contract with IL&FS
Ø  BSE commences commodity derivatives trading in and Guargum
 
Mint

Ø  Steel firms meet government officials to seek rise in import duty: sources
Ø  Huge potential exists in India-Africa trade: Commerce secretary
Ø  US banks win $21 billion Trump tax windfall then cut staff, loaned less
Ø  Fitch places Tata Motors on 'rating watch negative' over Brexit risks for JLR

Financial Express
 
Ø  RBI changes release time of monetary policy statement
Ø  Muthoot Finance Q3 net profit flat at Rs 485 crore
Ø  Trai slams CRISIL on new cable, DTH tariff regime
Ø  Adani Power loss narrows 10% to Rs 1,181 crore in Q3
Ø  Essar Steel operational creditor moves SC against NCLAT order
Ø  Coal India dispatches fall for second straight month in January
 
Financial Chronicle

Ø  Cipla Q3 net dips 20 per cent to Rs 322 crore
Ø  Vodafone Idea posts Rs 5,005-crore loss
Ø  Adani Ports consolidated net up 42 per cent
Ø  Essel open to selling over 50 per cent stake