23 May 2019 News

News on Most Important May 23, 2019 - Election Results Day

Economic Times

Ø FinMin starts meeting with industry bodies for Budget

Ø Over 80% Indian firms plan divestment in next 2 Yrs: EY

Ø BoB reports surprise Q4 loss of Rs 991 Crore

Ø British Steel collapses, costing thousands of Jobs

Ø Joint bid for Jet innovative but complicated: Experts

Ø Jaypee Infratech lenders start negotiations on NBCC's bid as per NCLAT orde

Ø Government plans Rs 1,000 Crore fund for startups in Priority areas

Business Standard

Ø M&A deals in April see 96 % decline to $735 Million: Report

Ø India's Economic Growth set to gain pace despite US-China trade conflict

Ø I-T dept set to bring changes in Tax audit report for charitable trusts

Ø IL&FS Crisis may lead to consolidation in NBFC sector: Fitch Ratings

Ø SEBI floats discussion paper to plug gaps in Buyback regulations

Ø Govt to sell 100% stake in Kamarajar Port to Chennai Port for over Rs 4000 Cr

Business Line

Ø NSE co-location scam: CBI to go after the high and mighty

Ø Bajaj Electricals Q4 net jumps two fold to Rs 28.54 Cr

Ø NMDC iron ore output jumps 20% to 2.90 MT

Ø DLF’s Q4 Net Profit surges to ₹435 Crore

Ø JSPL reports ₹1,154 Cr Q4 loss

Ø SAT stays SEBI disgorgement order against NSE

Ø Ramco Cements’ Q4 net rises 51% on better prices

Mint

Ø SEBI, Bourses step up surveillance measures for markets on Election Results day

Ø JK Lakshmi Cement Q4 net up 27.8% to₹43.25 Crore

Ø Snapdeal may acquire ShopClues at a likely valuation of $250 Million

Ø Sterlite expects to re-open Tuticorin plant in next few months

Ø SEBI approves Emami Cement IPO, may hit market in 6 months

Financial Express

Ø India favours rule-based, transparent trading system, says Sushma Swaraj

Ø  China ready for further US trade talks, ambassador Cui Tiankai says

Ø Japan Exports fall again as Donald Trump’s trade policy threatens Economic Outlook

Ø Real estate firms in a tough spot after Maharashtra AAR ruling

Deccan Chronicle

Ø Punjab National Bank may take OBC, Andhra, Allahabad Bank in fold

Ø India, Japan to sign up for Colombo terminal

Ø Air India to start new domestic and international flights from next month

Ø CCI probe finds Monsanto abused dominant position: sources