25th June 2K19
Economic Times
Ø Illicit money outflows average 10% of GDP: Parl panel
Ø RBI launches new online banking complaints system
Ø I-T Dept issues 380 notices on undisclosed assets
Ø Evaluating selling 20% stake in Shriram: Piramal
Ø Mobile subscriber base rises a tad in April: Trai
Ø Gem and jewellery industry seeks lower duty on gold
Business Standard
Ø RBI delays surplus transfer after finance secretary's objection: Report
Ø Sebi diktat to book expenses helps MFs pare distribution-related costs
Ø Centre resolves 615 infrastructure projects worth Rs 22.35 trillion
Ø Wilful defaulters in nationalised banks up by 60% in five years: Govt
Ø Viral Acharya unable to continue as deputy governor beyond July 23: RBI
Ø Sebi to tighten rules for pledged shares by promoter group entities
Business Line
Ø Black money stashed outside India is estimated at USD 216-490 bn
Ø Indian telcos need to invest ₹1 lakh crore in fibre networks : Crisil
Ø I-T dept issued Rs 64,700-crore refund between April 1-June 18, 2019:
Ø Chinese banana imports surge to a record high in May
Ø Future Enterprises plans to raise up to Rs 900 cr via NCDs
Ø Jet Airways creditors have time till July 4 to submit claims
Mint
Ø TCS hikes stake to 66% in Japanese JV with $32.6 million investment
Ø Promoters sell 10% stake in Emami for₹1,230 crore, shares down over 7%
Ø Filling Iran oil gap in India: US supplies outshine Middle East crude
Ø India, US nearing industrial security pact for defence tech transfers
Ø Sebi to allow IPOs by tech companies with superior voting right shares
Financial Express
Ø India’s May oil imports down 11% from April
Ø Oil prices rise as Middle East tensions simmer
Ø Hero, Bajaj, TVS say e-mobility transition could undermine Make in India
Ø JM Financial Fund II buys stake in co-living operator Isthara Parks
Deccan Chronicle
Ø Govt should hike public sector spending; incentivise private cos for new projs: Icra
Ø Rupee does U-turn, rises 23 paise to 69.35 against US dollar
Ø RBI panel defers reserves report for fourth time
Ø Home buyers body want Rs 10,000 cr 'stress fund' to complete stalled projects