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Wednesday, 14 August 2019

14 August 2019 News

©orporate Updates on 14.8.2019
 
Ø US delays Tariffs on some Chinese Goods, drops others

Ø Govt working on package to check economic slowdown

Ø Govt notifies Partial Credit Guarantee scheme for PSBs

Ø Retail Inflation remains benign at 3.15% in July 

Ø MCA panel moots CSR expenditure as tax-deductible

Ø HPCL finally recognises ONGC as its promoter

Ø RBI to review rules governing Housing Finance Cos.
 
Ø Govt issues guidelines for Rs 1 Trillion Partial Guarantee Scheme for NBFCs

Ø Consumption-driven growth behind 'serious slowdown', warns SBI MF

Ø Slide in Iron Ore prices to hurt exports from India, further slump seen

Ø GAIL in two minds over govt's plan to split gas pipeline business

Ø Coal India Net Profit rises 22.28% to Rs 4,629.87 Cr in June Quarter
 
Ø Apollo Hospitals Profit jumps 69% to Rs 57 Cr in Q1

Ø Cement makers’ body, SCCL hold talks on increasing Coal offtake

Ø WTO likely to set up panel to decide on India’s sugar sops

Ø RCap in talks to sell 11 Percent stake in Mutual fund unit

Ø NMDC Q1 Profit up 21% at ₹1,179 Crore

Ø IOCL to invest Rs 2 Lakh-Cr in next 5-7 years

Ø Invesco Oppenheimer reiterates commitment to Zee stake deal

Ø BSE to launch Liquidity enhancement plan in equity derivative segment

Ø ONGC Q1 Net Profit dips 3.9% on lower oil price, production

Ø Tata Capital Fin expects 20% Growth despite stress in NBFCs

Ø EPFO looking for early redemption of DHFL bonds worth ₹700 Crore
 
Ø ADB signs pact to invest $23 Million in NCD of GRIL

Ø India, Russia to boost ties to achieve $30 Billion Bilateral Trade by 2025

Ø Banks report fall in NPA levels; seek steps to address stress in NBFCs: Survey

Ø Singapore slashes 2019 Economic Growth forecast stoking recession fears

Ø Rupee hits 6-mth low of 71.40 against USD; dives 62 Paise on global turmoil

Ø Amazon in advanced talks to buy 8-10 per cent stake in Future Retail

Ø SENSEX plummets 624 Points on global sell-offs; RIL soars 10 pc

Ø Govt-constituted Panel suggests making CSR non-compliance civil offence