Friday, 5 April 2019

5 April 2019 News

5th March 2K19

Economic Times
 
Ø  RBI to ensure strict turnaround time for complaints
Ø  Maruti cut vehicle production by 21% in March
Ø  Will work for better transmission of rates: RBI Guv
Ø  India's spend on R&D low: Niti Aayog chief
Ø  Banks may lose over Rs 90,000 crore as Videocon sinks
Ø  Govt mulls attractive VRS for BSNL, MTNL revival
Ø  No consensus on release of funds for Jet Airways

Business Standard
 
Ø  RBI monetary policy: RBI cuts repo rate by 25 bps to 6%
Ø  Fitch retains India's credit rating at 'BBB-' with a 'stable outlook'
Ø  Govt sells Rs 1,150 cr 'enemy' Wipro shares, state-owned firms major buyers
Ø  Mukesh Ambani, Sunil Mittal consider competing for stake in Zee: Report
Ø  Govt close to meeting fiscal deficit target of 3.4%: Economic Affairs Secy

Business Line
 
Ø  RBI cuts inflation forecast to 2.9-3% for H1 FY20
Ø  USFDA clearance may strengthen Cipla
Ø  PVR files complaint with SEBI against Ronnie Screwvala’s allegations
Ø  JSW Living ventures into steel furniture business
Ø  IL&FS Financial Services gross NPA at 90%: Uday Kotak
Ø  Dispensing more cups of coffee, Shell also sells fuel
 
Mint

Ø  M&A deals in India declined 17% to $25.8 billion in Jan-Mar: Report
Ø  Lenders to invite bids for Jet Airways stake sale on 6 April
Ø  New government to announce proposed industrial policy: Suresh Prabhu
Ø  Govt may cap export of anti-rabies vaccine
Ø  RBI to come out with fresh circular on resolution of bad loans: Shaktikanta Das
Ø  India will be a big market for H&M globally: Janne Einola

Financial Express
 
Ø  Fitch raises alarm over India's high joblessness, rural distress
Ø  IndiGo is Asia’s best low cost airline; bags award by TripAdvisor
Ø  Tencent mops up $6 billion in huge dollar bond sale
Ø  Motilal Oswal raises Rs 850 crore via India Realty Excellence Fund
 
Deccan Chronicle

Ø  Rupee slumps 76 paise to 69.17 vs USD post RBI policy
Ø  Sensex ends 192 points lower post RBI policy
Ø  Reliance Jio Digital Services acquires AI firm Haptik in Rs 700 crore deal
Ø  RBI tweaks LCR norms to boost liquidity