17th May 2K19
Economic Times
Ø PNB not to sell stake in housing finance arm
Ø Niti Aayog bats for ending data monopoly
Ø India to benefit from US-China trade war: Experts
Ø RBI directs NBFCs to appoint chief risk officer
Ø Arcelor Mittal clarifies terms of Essar Steel bid
Ø Trump's Huawei threat is to halt China's global rise
Ø Reliance-BP makes 1st bid for oil block
Business Standard
Ø Govt buys 29.26 mn tonnes wheat, set to achieve target of helping farmers
Ø Funding crisis to worsen unless India pumps more cash into financial system
Ø Only Rs 39,500 cr for distribution among Essar creditors, CoC tells NCLAT
Ø Hindalco Industries Q4 profit down 37% to Rs 236 cr on higher input costs
Ø HFCL Q4 profit dips to Rs 52 crore, order book at record high
Business Line
Ø Vedanta, ONGC, RIL-BP in fray for oil, gas blocks offered under OALP-II, III rounds
Ø Ashok Leyland bags order for 400 minibuses from Senegal
Ø KPIT net profit at ₹30.9 cr in March quarter
Ø JSW Energy logs Rs 6 cr profit in Q4
Ø Petronet LNG Q4 net falls 16% to₹440 crore
Ø JK Tyre skids on high raw-material cost; Q4 net plunges 79% at ₹34 crore
Mint
Ø Goldman Sachs to buy United Capital for $750 million
Ø L&T acquires 8.86 lakh shares of Mindtree; takes overall holding to 26.48%
Ø Hindalco not perturbed by European Commission process on Aleris
Ø Indian rice prices slide to 7-month low as demand stalls
Ø Essel Group to sell 3 road assets to CDPQ
Ø SIDBI Q4 net jumps 28% to ₹519.36 crore
Financial Express
Ø Mastercard to invest Rs 7,000 crore, double headcount in India
Ø Electricity generation seen rising 6.4% in FY20
Ø Bank of India back in the black, posts Rs 252 crore profit in Q4
Ø Jet Airways sale: SBI Caps rules out Darwin as potential investor
Deccan Chronicle
Ø Rupee rises for 3rd day; vaults 31 paise to 70.03 vs USD
Ø COAI favours minimum broadband speed of up to 2 Mbps for 4G network
Ø Vedanta bids for 30 oil & gas blocks
Ø Pennar Industries gets NCLT nod for merger
