Tuesday, 19 February 2019

19 February 2019 News

19th February 2K19

Economic Times

Ø  CIC pulls up RBI for non-disclosure of DeMo records
Ø  IOC signs $1.5 billion deal to buy US crude oil
Ø  63 Moons to file Rs 10K cr suit against Chidambaram
Ø  Infosys settles case with Sebi, pays Rs 34 lakh
Ø  L&T bags airport construction job worth over Rs 7,000 cr
Ø  ArcelorMittal offers Rs 4,800 cr for Essar Mahan: PFC

Business Standard

Ø  RBI to pay Rs 28,000 crore as interim dividend to govt
Ø  Domestic aluminium firms differ on protective steps to curb rising imports
Ø  Govt forms committee for sale of 'enemy shares' worth Rs 3,000 crore
Ø  Emami promoters sell 10% stake to pare Group debt, pledged shares
Ø  Piramal Realty puts off plans to float PE fund for commercial real estate

Business Line

Ø  ‘Transaction price for REC-PFC merger being finalised’
Ø  India-built ships to get priority moving impex cargo for PSUs
Ø  MSI limits use of metals like lead, mercury in its models
Ø  Ambuja Cement profit rises 54% to ₹537 crore on writeback of provisions
Ø  Wipro Kawasaki to double hydraulic products capacity
Ø  Glenmark gets USFDA nod for generic skin inflammation treatment foam

Mint

Ø  RBI to inject ₹12,500-crore liquidity via OMOs on Thursday
Ø  SBI Mutual Fund, 2 others buy shares worth₹1,322 crore in Emami
Ø  Jaypee Infra lenders evaluate bids submitted by NBCC, Suraksha group
Ø  Tata Steel sells indirect subsidiary Black Ginger
Ø  Grasim to acquire chlor-alkali business of KPR Industries for Rs. 253 crore

Financial Express

Ø  PNB set to post annual profit just a year after India’s biggest bank fraud
Ø  Setback to Vedanta! SC refuses reopening of Sterlite’s plant, sets aside NGT order
Ø  Government sets up panel to ease credit flow to water and sanitation sector
Ø  Varun Beverages acquires PepsiCo franchise rights for South, West India

Financial Chronicle

Ø  Phase of stress in steel sector is over: Union Minister for Steel
Ø  PFRDA hopes to reach 2.72 cr subscribers under APY, NPS by Mar-end: Contractor
Ø  DHFL yet to decide on stake sale
Ø  Banks expect liquidity to remain tight in Q4: Survey