©orporate Updates on 21.8.2019
Ø SEBI board mulls tighter checks on rating agencies
Ø SEBI to consider easier rules for buybacks, reward for informants
Ø NCLAT refuses relief to Deloitte, BSR Associates
Ø COAI urges cut in USO fee to 3%, licence fee to 4%
Ø Govt. allows airlines to use Jet slots till end Dec
Ø NCLT admits Insolvency resolution plea against HDIL
Ø Economists estimate GDP growth of 5.5-5.6% in Q1 FY20 amid slowdown
Ø Bharti Airtel may not buy 5G spectrum and 'expensive' 700 MHz airwaves
Ø IL&FS board seeks NCLT nod to sell wind assets to Orix Corp for Rs 4,800 cr
Ø Karnataka govt cancels NMDC lease for Donimalai mine, opts for auction
Ø EY sets 18-month timeline for merger of three insurance companies
Ø CG Power reports huge financial fraud
Ø Dr Reddy’s gets 8 observations from USFDA for its Duvvada facility
Ø Emami Agrotech plans Rs 700-cr cap-ex over next 12 months
Ø Floods, landslides lay waste areca plantations on 1,900 acres
Ø IndiGrid eyes power transmission assets worth Rs. 8,000 cr
Ø Govt. cancels coal block jointly allocated to NTPC, JKSPDC
Ø Compliance culture of Indian banks unsatisfactory: RBI deputy governor
Ø Apple to pump in $6 billion to compete with Amazon, Netflix
Ø TCS surpasses RIL to reclaim most valued firm by market capitalisation
Ø Lenders may be forced to convert Rs 4,00,000 crore of their DHFL debt into equity: Union Bank
Ø Jaiprakash Associates to appeal against CCI order
Ø GAIL to invest Rs 45,000 crore in expansion of pipelines, city gas network
Ø Rupee hits fresh 6-month low of 71.71; dives 28 paise
Ø Gold touches fresh all-time high of Rs 38,770 on jewellers' buying
Ø Crude oil futures up on positive cues
Ø Hyundai to put in Rs 7,000 crore