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Tuesday, 19 March 2019

19 March 2019 News

19th March 2K19

Economic Times

Ø  Maruti cuts vehicle production by over 8% in Feb
Ø  Net direct tax collection crosses Rs 10 lakh cr mark
Ø  Anil Ambani won't go to jail, RCom pays Ericsson's dues
Ø  Brookfield buys key Leela hotel assets for Rs 3950 cr
Ø  One in 3 jobs will be automated by 2022: Survey
Ø  RCom, Jio end asset sale agreement by mutual consent

Business Standard

Ø  ArcelorMittal gets NCLAT's conditional nod for Rs 42,000 cr Essar Steel bid
Ø  Airtel looking at Dish TV for merger to take on Reliance Jio
Ø  Centre extends soft loan window by 4 weeks for beleaguered sugar mills
Ø  Gridco aims to buy 550 Mw renewable power from SECI in FY20
Ø  JLR recalls over 44,000 units in UK to rectify emission issues for free
Ø  Jet Airways says no money to pay interest to debenture-holders on Tuesday

Business Line

Ø  Natural gas price may go up by 18% from April
Ø  As Etihad balks, Jet lenders look for a new investor
Ø  Govt’s proposed new industrial policy put on the back burner
Ø  Dr Reddy’s Lab launches B2B customer service portal
Ø  ICICI Lombard, MobiKwik join hands to provide cyber-insurance cover of ₹50,000
Ø  TCG Lifesciences’ Hyderabad facility gets USFDA nod

Mint

Ø  RBI officials meet bankers, seek feedback on new liquidity tool: Sources
Ø  Adani Port to buy back NCDs worth ₹1,400 crore
Ø  Embassy REIT IPO sees 20% subscription on Day 1
Ø  Copper steady, economic concerns jostle with China demand hopes
Ø  Coal India's spark diminishes further as dividend payout disappoints
Ø  NRIs are not allowed to make fresh deposits in PPF account

Financial Express

Ø  Bombay HC stays Nusli Wadia defamation plea hearing against Ratan Tata, others
Ø  Two-wheeler companies decide to cut production due to slow growth
Ø  US-based ride-hailing firm Lyft aims to raise up to $2.1 billion via IPO
Ø  SBI board may extend Rs 20k-cr mop-up to FY20

Financial Chronicle

Ø  Smart garbage bins from SAIL
Ø  DP World trying to stall adverse findings: CCI
Ø  Govt committed to maintain credibility of statistical orgs, says senior official
Ø  Gold, silver prices fall on weak global cues, tepid demand
Ø  Sensex, Nifty end higher for 6th straight session