25 April 2019 News

Financial News on 25 April, 2019

Economic Times

Ø Disclose exposure to IL&FS, RBI tells Banks

Ø RBI sells entire stake in NHB, Nabard to Govt

Ø FinMin may raise cap on 59-minute loans to Rs 3-5 Cr

Ø CBI's Look Out Circulars against Bhushan steel boss

Ø ISB to set up repository to store all public data

Ø Companies get more time to submit newly introduced ACTIVE form

Ø  IPCA Labs inks pact to acquire Ramdev Chem for Rs 108.5 Cr

Business Standard

Ø RBI may allow 66% lenders' approval for resolution of stressed assets

Ø IndiGo, Tatas protest Govt's basis for allotting Jet Airways slots

Ø SEBI bars cash-strapped Hotel Leelaventure from asset sale to Brookfield

Ø SFIO quizzes Deloitte ex-CEO over alleged audit lapses in books of IL&FS

Ø No change in Bharti Infratel's Q4 net amid merger with Indus Towers

Ø ONGC arm delays plan to invest in Iran gas field after US sanctions

Business Line

Ø Jalan panel on RBI’s capital size to submit report by June

Ø Approach SBI, Jet tells UK entrepreneur who evinced interest in buying the airline

Ø Data on jobs, GDP being analysed with a new set of proxies: CEA

Ø Govt procures 55.17 lakh tons of wheat so far this year

Ø Forensic auditors indicate IGIDR used data shared by MCX to develop an ‘algo-trading strategy’

Ø  VRS package may save Rs 1,080 Cr in Annual Salary tab: MTNL chief

Mint

Ø Voda Idea rights issue receives bids for 1109 crore shares: NSE data

Ø Nasdaq hits record, S&P nears all-time high on upbeat earnings

Ø Delhi HC allows Alembic, Natco to export Bayer drug for specific purposes

Ø SBI gets board approval to raise up to $2.5 Billion in bonds

Ø After Lee Fixel exit, Tiger Global prowls for B2B startup deals in India

Ø Jet Airways says will validate refund claims in 45 days

Financial Express

Ø Ericsson moves Supreme Court against returning Rs 580 crore to Anil Ambani’s RCom

Ø  UltraTech Cement Q4 net profit at Rs 1,014 Crore

Ø  US-based Avaya announces partnership with Standard Chartered bank

Ø  Cyberattacks to cost firms $5.2 Trillion in next 5 years: Accenture

Ø Customer complaints against banks surge 25% to 1.63 lakh in FY18

Deccan Chronicle

Ø Office space worth $35 bn can be listed under REIT: JLL India

Ø  RBI too joins global peers in raising Gold Bullion Reserves

Ø  Non-filers of GST returns to be barred from generating e-way bills from June 21

Ø  Rupee falls by 24 paise on strong dollar demand

Ø Sensex rallies 490 points; Nifty reclaims 11,700-mark

Ø  Self-assessed GST return permitted