Corporate Snippets on Dec 4
Ø India's growth likely reached a trough: Goldman Sachs
Ø S&P reaffirms India’s sovereign rating at BBB
Ø Jaypee Infra: NBCC, Suraksha Realty place final bids
Ø RBI MPC starts deliberations on monetary policy
Ø Global uncertainty could push 7 mn in India to poverty
Ø Standard Life to sell 2.23% stake in HDFC AMC
Ø White House considered kicking Huawei out of US banking system: Sources
Ø Japan preparing $120 billion stimulus package to bolster fragile economy
Ø SAT asks NSDL to hold back remaining stocks of Karvy Broking clients
Ø Statistical Commission to discuss junked consumer spending report on Dec 4
Ø State-run banks lent Rs. 4.14 trn to NBFCs, housing financiers in one year
Ø Advent, Temasek divest stakes in Crompton Greaves worth Rs. 1,275 cr
Ø Govt. mulls easing foreign control rule to aid Air India sale
Ø Coal India output falls 4% in November
Ø Sugar mills’ production falls 54% to 18.85 lakh tonnes till Nov 30
Ø Transasia to acquire facility in Brazil to sell diagnostic products locally
Ø JSW Steel expects Rs. 600 crore TMT bar supply to metro projects
Ø Mudra NPAs at 2.86% in FY19, says Anurag Thakur
Ø 10,860 cases under IBC pending before NCLT at end of September: Govt.
Ø 51 absconders who left country defrauded over ₹17,900 cr; CBI probing: Govt
Ø 92,700 BSNL, MTNL employees opt for voluntary retirement
Ø IT department issues ₹1.46 trillion in refunds till November end
Ø Eris Lifesciences buys anti-diabetes novel drug Zomelis in India for $13 million
Ø Income Tax dept. reports 23% growth in refunds till Nov 28
Ø Disinvestment: Govt plans offer for sales route in six CPSEs, including Coal India
Ø Company directors may be on govt’s watch list; 19 lakh Directors already axed so far
Ø Sitharaman to meet state FMs today: Steps to boost GST revenue on agenda
Ø Reliance Infra invokes RPower's 10.19 cr pledged shares
Ø Donald Trump sees no deadline for a China trade deal
Ø Thomas Cook gets brand right for India, Sri Lanka
Ø Rupee settles flat at 71.66 against US dollar
Ø SENSEX slips over 126 points; metal stocks drag