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Tuesday, 6 August 2019

6 August 2019 News

Quote of D-DAY

Self confidence is a super power!
Once you start to believe in yourself magic starts happening!

Have a Wonderful Day !

©orporate Updates on 6.8.2019

Ø FPIs exit: Govt swings into action, to hold talks on super-rich tax

Ø Re suffers biggest fall in 6 yrs, slumps Rs 1.13

Ø Govt begins process to auction 27 coal mines

Ø FM says to take steps to improve economy "quickly" 

Ø SBI invites bids for Videocon's overseas oil, gas assets

Ø RBI imposes penalty of Rs 8.5 crore on 11 banks

Ø IIFL Finance to raise up to Rs 1,000 crore through bond issuance
 
Ø Credit Suisse downgrades RIL to underperform, reduces target price

Ø Draft guidelines for e-commerce firms talk tough on deep discounting

Ø Moody's again warns YES Bank about ratings for exposure to shadow banks

Ø Rs 9,500-crore DIAL project to increase airport's capacity goes to L&T

Ø Tata Motors cuts pick-up production at Pantnagar plant by 17% to 15K units

Ø Retail investors forfeit Rs 1.33 trillion since Budget; m-cap falls 10
 
Ø Govt to take steps to improve economy “fairly quickly”: Nirmala Sitharaman

Ø Visaka Industries to supply its hybrid solar-roofing solution, ATUM, to Air India SATS

Ø Torrent Power Q1 net up 22 per cent at ₹276 cr

Ø Jindal Stainless Q1 profit tumbles 26%

Ø Shell to install solar panels at Taloja lubricant plant

Ø Suzuki posts 46 per cent drop in Q1 profit on slowing demand in India
 
Ø DHFL's bondholders get three-week deadline to be on board with rescue plan

Ø Yuan slips beyond 7 per dollar for the first time since 2008

Ø Wall Street stocks tumble on worsening US-China trade war;

Ø Bankers agree to take steps to review lending rate transmission, says FinMin

Ø Jalan panel to give report on RBI’s surplus reserves this month
 
Ø Govt may impose countervailing duty on certain steel products from China, Vietnam

Ø UK biggest retailer Tesco axes 4,500 supermarket jobs

Ø Power ministry brings mechanism for stressed projects for servicing debt in first place

Ø SAIL extends deadline for submission of EOIs for sale of 3 units
 
Ø Bankers agree to take steps to review interest rates: FinMin

Ø SENSEX tanks over 418 points amid Centre’s Jammu and Kashmir move

Ø Crude oil futures fall on global cues

Ø Blackstone may buy out Indiabulls Real Estate's commercial properties: Report