14th October 2K19
Economic Times
Ø World Bank cuts India's growth projection to 6%
Ø Unexpected jolt for RIL's Rs 5,050-cr IBC win
Ø ISRO spectrum demand may hit 5G rollout: Experts
Ø Cooperative sector needs self regulation: Goyal
Ø Rs 25 lakh cr will be spent for rural infra: Modi
Ø $60 bn investment coming in gas infra: Pradhan
Ø Govt to cut stake below 51% yet retain control of CPSEs
Business Standard
Ø CCI to conduct study on telecom sector amid changing market dynamics
Ø Consumer discounts unsustainable, will go down post October: Maruti Suzuki
Ø Essar leads India Inc deleveraging; pays off Rs 1.4 trillion: Prashant Ruia
Ø Eight of top 10 most-valued companies add Rs 80,943 cr in m-cap, RIL leads
Ø Future Retail to buy group co's infrastructure assets in Rs 4,000-cr deal
Business Line
Ø Insolvency Law Committee plans to meet on October 15 to discuss new reforms for IBC
Ø IHMCL, GSTN to sign MoU to link FASTag with GST e-way bill system on October 14
Ø We need to improve the tight credit situation: NITI-Aayog VC
Ø ED move to attach Bhushan Power asset vindicates our stand: JSW Steel
Ø Coal mine auctions: Ministry will allow mines with less than 3 bidders to go under hammer
Mint
Ø Rural slowdown may weigh on HUL’s growth in second quarter
Ø IRCTC to make stock market debut today
Ø Passenger vehicle exports expand 4% over April-September, Hyundai Motor leads
Ø DLF sells 376 completed flats worth ₹700 cr in Gurugram housing project
Ø Brexit divorce talks between UK and EU go down to the wire
Ø Mukesh Ambani, Sunil Mittal to skip India’s largest mobile expo amid IUC battle
Financial Express
Ø Bangladesh, Nepal likely ahead of India as growth in South Asia to slow down in 2019, says World Bank
Ø Remittances under LRS hit new high in August; April-July amount outpaces FPI inflows
Ø RBI exercising forbearance on MSME lending as small business loans are in trouble, says Raghuram Rajan
Ø DMart profit rises 48% on better margins, higher revenue
Deccan Chronicle
Ø Industrial production slips by 1.1 per cent in August
Ø No of crorepati taxpayers up 20 pc to 97,689 in AY 2018-19: CBDT data
Ø Daimler recalls hundreds of thousands of Mercedes-Benz diesel vehicles
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👉The country’s primary anti-smuggling intelligence agency has begun resending notices to exporters for availing GST exemptions where exports preceded imports.
👉The Indian Highways Management Company Ltd (IHMCL) and Goods and Services Tax Network (GSTN) will sign a memorandum of understanding on Monday for integration of FASTag with GST e-way bill system. FASTag is a simple to use, reloadable tag which enables automatic deduction of toll charges and lets vehicle pass through toll plaza without stopping for cash transaction.
👉IRCTC will make its grand debut on October 14 after its Initial Public Offering (IPO) received the highest ever subscription among PSUs. The final issue price is fixed at Rs 320 per share, the higher end of the IPO price band.
👉Gross non-performing assets (GNPA) for public sector banks (PSBs) in the agriculture sector exceeds Rs 1 trillion.
👉Razorpay (Payment Gateway) aims to work closely with RBI on the new regulations for payment gateways and other policy-level issues. RBI might bring payment gateways and payment aggregators under its direct supervision, according to a discussion paper released by the central bank last month.
👉NCLT initiates insolvency proceedings against Nirav Modi's entity Firestar Diamond International (FDIPL).
