Friday, 31 May 2019

31 May 2019 News

31st May 2K19

Economic Times
 
Ø  Railways & roads to get the largest chunk of investment
Ø  NCLT approves Tata Steel takeover of Bhushan Energy
Ø  Missing firms in MCA database to have no impact: Govt
Ø  Ficci survey puts Q4 GDP growth at 6.5 per cent
Ø  Not in position to release FY19 results: Jet Airways
Ø  Trai to review interconnection level for networks
Ø  UK court remands Nirav Modi till June 27

Business Standard

Ø  RBI constitutes task force on secondary market for corporate loans
Ø  Growth across geographies keeps analysts positive on Aurobindo Pharma
Ø  Bharti Airtel reports Q4 net profit of Rs 107 cr; revenues at Rs 20,602 cr
Ø  Coal India posts record 362.46% rise in Q4 profit; net revenue jumps 7.53%
Ø  Tech Mahindra, Cisco collaborate to improve digital network offering

Business Line
 
Ø  Japan, South Korea tighten grip over Indian steel imports
Ø  Berger Paints Q4 up 4.9 per cent to Rs 111.43 crore
Ø  By 2050 cement industry looks to reduce carbon footprint by 45%
Ø  Ramco Systems bags order from Air Caledonie
Ø  Apollo Hospitals’ fourth quarter net profit grows 29% to ₹76.68 cr
Ø  Mahindra’s electric vehicle sales rise over 2.5 times in FY19
 
Mint

Ø  Expect renewed vigour in economy under Modi 2.0: India Inc
Ø  Lupin's Goa facility may face regulatory action, says USFDA
Ø  NALCO Q4 profit drops 9% to ₹234 crore
Ø  HSBC plans hundreds of investment bank job cuts in cost push
Ø  Jalan panel to hold next meeting on June 13 to finalise RBI capital reserves
Ø  IDBI Bank narrows Q4 net loss to ₹4,918 cr on lower bad loan provisions

Financial Express
 
Ø  Sundaram Finance Q4 net Rs 675 Cr; to raise Rs 11,000 Crore
Ø  Huawei gets relief from two tech groups after US trade snub
Ø  Tata Power arm TPREL to develop 100-MW solar power project in Gujarat
Ø  SEA seeks bulk export of rapeseed oil, mustard oil
 
Deccan Chronicle

Ø  DPIIT proposes national retail policy as part of its 100-day action plan
Ø  Rupee rises 12 paise to 69.71 vs USD in early trade
Ø  Investment in participatory notes rises to Rs 81,220 cr till April end
Ø  US economy accelerates in Q1