©orporate Updates on 26.8.2019
Ø Considering to relax local sourcing norms for FDI: Govt
Ø Australian Minister likely to meet Gautam Adani in India
Ø CVC sets up body to probe bank frauds above Rs 50 cr
Ø Assets under gold ETFs jump to Rs 5K cr in FY20
Ø India needs single corporate tax rate of 25%: KPMG
Ø Over 75% NCD issues of NBFCs went undersubscribed
Ø India calls upon nations to leverage its workforce
Ø RBI board meeting on Monday to consider Bimal Jalan committee report
Ø IT industry on hiring spree, adds record number of employees in Q1
Ø Peak investment cycle for Indian telecom companies is over: Analysts
Ø Two-wheeler makers are exploring new ideas to keep going as sales flag
Ø Drug regulator making list of dual-use APIs imported from unregistered cos
Ø Stimulus package will boost growth and stabilise economy: CII
Ø Bengal gets proposal for 800 MW solar power project: Minister
Ø Stimulus Package : More noise, less action for Auto sector
Ø Glenmark recalls 31,000 tubes of anti-fungal cream from US market
Ø Investors, lenders want Gautam Thapar removed as Chairman of CG Power: Sources
Ø Tata Motors’ plan to raise foreign debt off the table
Ø FPI surcharge removal, stimulus measures likely to boost markets: Experts
Ø Retail lending tells yet another slowdown story
Ø Office real estate is defying the slowdown
Ø US-UK trade deal within a year of Brexit will be tight: Boris Johnson
Ø Govt’s economic measures will attract investments, boost leather exports, said CLE
Ø NCLT starts insolvency proceedings against Today Homes Noida
Ø Multi-sectoral, multi-dimensional policy stimulus to boost stability, growth, says CII
Ø India urges nations to join hands to leverage its strong workforce
Ø HDFC bank says no risks to consumption story yet
Ø Seven of top-10 firms lose Rs 86,880 cr in m-cap; ITC takes biggest knock
