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Monday, 25 February 2019

25 February 2019 News

25th February 2K19

Economic Times
 
Ø  Saudi Arabia to make India regional hub for oil supply
Ø  Assured return scheme for NPS subscribers proposed
Ø  REC needs nod from at least 50% lenders for PFC deal
Ø  India to be 2nd-largest 5G market in 10 yrs : Huawei
Ø  3-4 more banks to come out of RBI's PCA framework
Ø  Warren Buffett's firm reports $25 bn Q4 loss
Ø  May postpones vote on Brexit deal until March 12

Business Standard
 
Ø  GST Council cuts tax on under construction residential houses to 5%
Ø  SBI considers moving NCLT for insolvency proceedings against Jet Airways
Ø  Blackstone, Embassy to launch India's first real estate investment trust
Ø  Tata Steel, JSW Steel are key beneficiaries of the rise in steel demand
Ø  Raymond revamps supply chain, weighs on digital tools for more efficiency
Ø  Bharti Airtel set to conduct trial of Nokia's 5G-ready telecom gear

Business Line
 
Ø  JNPT SEZ to bid out 300 acres to manufacturing companies
Ø  India’s financial condition looking up, says CII-IBA
Ø  Boards of companies should assert ethical conduct: CII
Ø  347 infra projects show cost overruns worth over Rs 3.2 lakh cr
Ø  Hindusthan National Glass to raise ₹1,800 crore to pare debt
Ø  Uber in talks to sell India food delivery business
 
Mint

Ø  KKR, BlackRock set to invest in Adnoc pipeline unit
Ø  Afghanistan launches new export route to India through Iran
Ø  Wipro shareholders approve bonus issue, increase in authorised share capital
Ø  Seven of top 10 Indian companies lose₹67,980 crore in m-cap, TCS worst hit
Ø  RIL preparing to list Reliance Retail soon

Financial Express

Ø  US-China talks: Superpowers haggling over currency pact
Ø  Lack of big-ticket deals drive down PE/VC investments in January 2019
Ø  Swiggy in talks to buy Uber Eats India, deal expected to be sealed soon
Ø  Singapore largest FDI source, leaves Mauritius far behind
 
Financial Chronicle

Ø  PNGRB rejects HPCL review petition on ATF pipeline
Ø  FPIs sell blue-chips, take away Rs 30K crore
Ø  Foreign portfolio investors pull out over Rs 1,900 cr from debt market in Feb
Ø  Unregulated Deposit Ordinance bans only ponzi schemes not regulated deposits