12th June 2K19
Economic Times
Ø CII chief Vikram Kirloskar calls for tax cut on equities
Ø Fund transfers via RTGS, NEFT to cost less from July 1
Ø RBI's norms to give more headroom to lenders: Report
Ø Govt defends growth data, says followed global practices
Ø RIL, BP to develop deepest gas find in KG-D6 block
Ø Bring down corporate tax to 18 pc sans exemptions: CII
Business Standard
Ø Excess RBI capital must be used to recap PSBs: Report
Ø At Rs 40,000 cr, DoT seeks 6% rise in budget to boost rural connectivity
Ø Crisis-hit DHFL makes Rs 962 cr payment towards non-convertible debentures
Ø EU anti-trust authority blocks Thyssenkrupp-Tata steel merger plan
Ø UK unemployment rate at 3.8%, lowest in 45 yrs despite Brexit, slow growth
Ø Blackstone buys majority stake in Aadhar Housing Finance for Rs 2,200 crore
Business Line
Ø New labour legislation to merge 44 laws under 4 groups
Ø Govt looking at tariff, non-tariff measures to reduce steel imports
Ø India’s GDP growth overestimated by 2.5%, says former CEA Arvind Subramanian
Ø Yes Bank reduces stake in Fortis Healthcare by two per cent
Ø JSW Steel’s crude steel output grows 4% at 14.53 LT in May
Ø BHEL bags Rs 440 cr order from NPCIL
Mint
Ø MFs reduce exposure to shadow banks by₹67,000 crore since September
Ø BoB puts Bhushan Power, 66 others accounts on block as NCLT process gets delayed
Ø Investors cheer as Adani Ports cuts related-party loans, steps up dividends
Ø WTO reform process should not undermine its basic principles: Piyush Goyal
Ø Moody's places Yes Bank's ratings under review for downgrade
Financial Express
Ø RBI’s bad loan norms to give more room to lenders to resolve big ticket NPAs
Ø Reliance to develop deepest gas discovery in KG-D6 block by 2022 jointly with BP
Ø Dip in tax revenue from revised estimate sharpest in 15 years
Ø Anil Ambani says Reliance-ADAG has serviced debt over Rs 35,000 crore
Ø Rupee recovers 21 paise against US dollar
Deccan Chronicle
Ø Auto component industry seeks stable road map for EV transition
Ø Moody’s puts Yes Bank under rating review
Ø Auto cos seek support as sales see sharpest decline in 18 yrs
Ø Indiabulls denies fund diversion charges