15th July 2K20
Economic Times
Ø India needs to leverage farm sector performance to push growth: Ex-RBI Governor Subbarao
Ø Mukesh Ambani is finally breaking free from oil-price fortunes
Ø NCLAT orders Airtel to pay Rs 112 cr to Aircel
Ø Pandemic knocks Singapore into recession
Ø NCLAT nod to HDIL insolvency proceeding
Ø Wipro to acquire Brazil's IVIA Serviços de Informática Ltda for about Rs 169 crore
Business Standard
Ø Two co-op banks move HC against Centre's ordinance bringing them under RBI
Ø Yes Bank allots 3.41 bn shares to anchor investors, raises Rs 4,100 cr
Ø Unacademy picks up 51% stake in K-12 learning platform Mastree for $5 mn
Ø Walmart infuses $1.2 bn in Flipkart valuing the e-commerce firm at $24.9 bn
Ø Moody's confirms Tata Steel's ratings; changes outlook to negative
Business Line
Ø Oil and gas sectors to see $118-billion investments: Pradhan
Ø AAI, BEL sign MoU for co-operation in civil aviation sector
Ø India will revisit existing business models to propel growth: NITI Aayog tells UN
Ø Disinflation in WPI narrows sharply in June
Ø Renewable sector reports 72% drop in new capacity addition in Q1
Mint
Ø JPMorgan braces for loan losses as trading props up profit
Ø India’s financial sector to see record levels of bad loans in six months: Rajan
Ø Sebi to tweak liquidity norms for debt funds
Ø Jio seeks to be a party in Vodafone Idea vs Trai case
Ø EU seeking ambitious bilateral trade and investment agreement with India
Financial Express
Ø Govt working to mapping land bank available for industry: Piyush Goyal
Ø UK economic bounceback in May far slower than anticipated
Ø Wipro Q1 profit marginally up at Rs 2,390 crore
Ø Google may invest in Jio; in advance talks with RIL for mega stake buy for $4 billion
Deccan Chronicle
Ø India-EU virtual summit to give bilateral trade negotiations major push
Ø India's June retail inflation picks up after easing of COVID-19 lockdown
Ø Saudi Aramco cuts August heavier crude supply for Asian refiners
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✒️ Supreme Court has allowed service of notices/summons/documents via whatsApp, telegram etc in addition to by e-mail in every legal proceedings.
✒️ NCLAT has held that "Doors of justice cannot be closed" and requested to hear urgent matters even in the prevalent situation.
✒️ Supreme Court has refused to entertain a plea seeking to stop the Amarnath Yatra this year citing the risk of COVID-19.
✒️ Delhi High Court has extended till 31st August, 2020, all interim orders, including bails granted to accused in various cases.
✒️ Supreme Court has applied the order extending limitation to Sec 29A & 23(4) Arbitration Act and to Section 12A of the Commercial Courts Act.
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