Friday 9 August 2019

9 August 2019 News

©orporate Updates on 9.8.2019

Ø Govt likely to withdraw higher surcharge for FPIs

Ø NCLT clears consolidation of Videocon units' insolvency

Ø Capital infusion helped PSBs cut losses: Ind-Ra

Ø Mahindra considers second US plant in Michigan

Ø First quarter e-auction premiums for Coal India up 66%

Ø Reliance Capital joint auditors reject PWC allegations

Ø India Inc seeks Rs 1L cr stimulus to revive growth

Ø India to impose tariff barriers on imported solar and wind equipment

Ø Gem, jewellery exports fall 11.24% on US, China trade war and poor demand

Ø SEBI asks mutual funds to shift all investments to listed securities

Ø Adani plans to invest Rs 10,000 crore in city gas distribution networks

Ø DHFL says it may not be able to fulfill its immediate debt payments

Ø ‘Close to crossing $2,000 per capita income mark, India offers great opportunity’

Ø Tata Chemicals Q1 profit rises 19%

Ø IRB Infra, GIC to jointly bid for all future road projects’

Ø Suzlon offers to repay ₹8,500 cr to settle stressed debt

Ø NBCC net down 39 per cent in Q1

Ø Godrej Properties Q1 net profit jumps 162 per cent, at Rs 89.87 cr

Ø UltraTech Cement Q1 net profit up 91.4% to ₹1,208.03 crore

Ø Coffee Day Enterprise appoints EY to scrutnize accounts

Ø India's domestic air passenger traffic up 7.9% in June: IATA

Ø Adani Enterprises Q1 profit surges 611% to ₹570 crore

Ø Tata Capital offers NCDs with annual interest up to 8.85%

Ø Yes Bank launches ₹2,000 crore QIP

Ø OBC, IDBI Bank cut MCLR up to 15 basis points

Ø Ministry names 4 domestic auditors to restate IL&FS books

Ø No angel tax inquiry into startups recognised by DPIIT or not without approval, says CBDT

Ø China imports from US fall 19% in July amid trade war

Ø Thermax to shut manufacturing facility, exit China

Ø NCLAT expresses displeasure over delay in IL&FS resolution

Ø SENSEX rallies 637 points on tax relief buzz; Nifty reclaims 11,000-mark

Ø Emami Q1 profit up 48 per cent to Rs 39 crore

Ø Taj Hotel chain to sell budget hotels