Wednesday, 4 December 2019

4 December 2019 News and Updates

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