Friday 12 April 2019

12 April 2019 News

12th April 2K19

Economic Times

Ø  Banks close FY19 with 13.24% credit growth
Ø  India Inc's foreign investment rises 18% to $2.69 billion in March
Ø  RBI injected Rs 2.98 lakh cr liquidity in 2018-19
Ø  Tata Tele merger: DoT seeks bank guarantee from Airtel
Ø  Tyre demand to grow 7-9% during FY19-FY23: Icra
Ø  Bank deposits face competition in company NCDs
Ø  People happy to share data for better pricing: Survey

Business Standard

Ø  Sebi to seek details from mutual funds with schemes linked to Zee group
Ø  Whistle-blower letter: Deloitte faces SFIO probe in IL&FS case
Ø  India should bolster capitalisation of govt-owned banks to tackle NPAs: IMF
Ø  Sebi issues guidelines for boosting risk management in the MF industry
Ø  NMDC's new integrated steel plant to add $1.7 billion to topline
Ø  Sugar mills owe $4.38 billion to cane growers who are unpaid from a year

Business Line

Ø  Sweden stresses on need for EU-India free-trade agreement
Ø  Lower capacity utilisation hits wind turbine manufacturers
Ø  L&T acquires TIDCO’s 3 per cent stake in L&T Shipbuilding for Rs 32.74 cr
Ø  Etihad, NIIF submit EoI for Jet; Goyal pledges shares with PNB
Ø  Coal India picks PDIL as successful bidder to set up methanol plant 

Mint

Ø  PFRDA to issue new guidelines on FDI in pension sector
Ø  Sun Pharma's senior executive, wife settle insider trading case with Sebi
Ø  JSW Steel sells $500 million debt to overseas investors
Ø  Subhash Chandra reiterates commitment to repay all debtors in full
Ø  Google Pay launches gold buying, partners MMTC-PAMP India

Financial Express

Ø  BBB for autonomy to PSU banks to decide organisational structure
Ø  Jet Airways suspends Singapore flights; airline’s fleet now down to 14 aircraft
Ø  India has scope for reducing untargeted food, fertiliser subsidies: IMF
Ø  Tiger Global, Sequoia India backs mobile marketing startup Clevertap
Ø  Rupee rises for 3rd day, up 19 paise at 68.92 against dollar

Deccan Chronicle

Ø  Saudi oil cuts deeper than promised: International Energy Agency
Ø  Gold slides on muted demand, sluggish trend overseas
Ø  75 firms can return Rs 1.1 lakh crore to shareholders
Ø  RBL Bank ties up with CreditVidya to improve customer experience