©orporate Updates on July 29, 2019
Ø Unsold homes pile up, huge battle looms for builders
Ø Anil Agarwal's Anglo American trade a gold mine
Ø Green nod to Tata Chem's Rs 1,042 Cr soda ash project
Ø Higher import duty could cut Indian gold demand by approximately 2.4% this year : WGC
Ø NCLT told to start insolvency case against Raheja
Ø Torrent Group plans Rs 3,000 Cr investment for gas pipeline network in UP
Ø FM Sitharaman rules out rethinking on overseas sovereign bonds: report
Ø Adani Group to invest Rs 5,500 Cr in UP's food processing, power sectors
Ø NCLAT grants 3 weeks to Dighi Port promoters to settle creditors' claims
Ø Cipla urges govt to increase funds, ease policies for domestic pharma firms
Ø Cash-strapped DHFL seeks bankers' approval to restart loan disbursals
Ø ‘Rupee rise, uneasy trade relations with US impact engineering exports’
Ø FPI outflow crosses Rs 3,700 Crore in July 2019
Ø Centre issues new circular to deal ‘firmly’ with tax evaders
Ø Adani plans Rs 5,500 Cr investment in UP for power, food processing
Ø Pfizer, Mylan set to form global generic drug giant
Ø Steelmakers sound alarm over rising level of duty-free imports
Ø Vijay Mallya moves Supreme Court seeking stay on confiscation of properties
Ø Cannot reject insolvency plea over claims disputed after demand notice: NCLAT
Ø IDFC Ltd calls off plan to sell securities business to TCG
Ø Govt. identifies 3-4 regional rural banks for IPOs; public issue likely this year
Ø RIL plans a big push for private-label brands
Ø Pfizer plans to merge off-patent drug unit with Mylan
Ø World economy’s biggest week of 2019 as Fed prepares cut
Ø Discoms make a beeline for cheaper power supplied by NTPC under SCED system
Ø JLL India revenue grows 17 pc to Rs 4,000 Cr in FY19; to hire 2,000 Employees
Ø RBI report on secondary market for corporate loans likely by next month
Ø Unchanged sugarcane FRP for 2019-20 season makes mills happy
