Wednesday, 3 April 2019

3 April 2019 News

3rd April 2K19

Economic Times
 
Ø  Legal fraternity divided over SC order on NPA circular
Ø  'Precarious' global rebound expected in late 2019: IMF
Ø  Jet grounds 15 more planes over non-payment of dues
Ø  Banks can now refer defaulters to NCLT: Bankers

Ø  BlackRock begins its biggest organisational overhaul in years

Ø  Britain to seek further delay to Brexit: Theresa May

Business Standard
 
Ø  SC order on RBI circular negative for banks, may defer debt resolution
Ø  Rel Jio transfers fibre and tower infrastructure to InvITs
Ø  Manufacturing growth slips to six-month low in March: PMI
Ø  RBI to introduce new seven-year and 20-yr bonds on April 5
Ø  S&P Global Ratings revises outlook on Tata Steel to positive from stable
Ø  Paytm Money receives Sebi approval to start stock broking services

Business Line
 
Ø  Govt to discuss strategy to boost exports to China
Ø  Liquidity issues, drop in crop area drag tractor sales in FY19
Ø  Climate, conflicts set to plunge millions into food crisis
Ø  Tea board fixes ₹15.98/kg as green leaf price for April
Ø  NTPC’s installed capacity at 55,126 MW
Ø  MG Motor India in talks with payment gateways
 
Mint

Ø  EU drags India to WTO over import duties on ICT products
Ø  Sebi issues circular on appointment of administrators
Ø  No production of Tata Nano for third month in row, no sales in March
Ø  Wipro Infrastructure Engineering buys Incite Cam Centre’s Automation Business

Financial Express
 
Ø  Power companies heave a sigh of relief as SC quashes RBI NPA circular
Ø  India-Mexico bilateral trade breaks record; touches $10 billion
Ø  Dr Reddy’s US arm sells rights for 3 brands to Encore Dermatology
 
Deccan Chronicle

Ø  Rupee jumps 40 paise to 68.74 against US dollar
Ø  Sensex marks highest ever close, surges 185 points
Ø  RBI begins 3-day meet on monetary policy amidst rate cut hopes
Ø  Realtors have time till May 10 to opt for old GST rates