Wednesday, 1 August 2018

Current affairs on August 1st 2018

Today's Headlines from www:

*Economic Times*

πŸ“ NHAI secures Rs 25,000-crore loan from state bank

πŸ“ LPG price hiked by Rs 1.76 per cylinder

πŸ“ GST evasion worth Rs 3,026 crore detected in 1 year: Government

πŸ“ RIL pips TCS to become most valuable company on D-Street

πŸ“ Hathway promoters to infuse Rs 350 crore in company

πŸ“ Taiwanese company CPC Corp proposes $6.6 billion investment in India

πŸ“ Tata Motors to stop manufacturing operations in Thailand

πŸ“ Balance sheets of external sector, banks need greater focus of government: Report

*Business Standard*

πŸ“ RIL wins arbitration case against govt's claim of illegal gas production

πŸ“ JLR drives Tata Motors into 10 year-high loss of Rs 18.6 bn in June quarter

πŸ“ Mahindra Group subsidiaries turn to analytics for better performance

πŸ“ Bank of India Q1 net profit rises 8% to Rs 951 million, stock falls 8.75%

πŸ“ IBC ordinance not aimed at favouring any corporate house: Piyush Goyal

πŸ“ Monsoon deficiency at 5% in June, 6% in July but situation not alarming

πŸ“ PSBs earn Rs 33 bn from customer charges in past 4 yrs: Shiv Pratap Shukla

*Financial Express*

πŸ“ Investment in roads, renewables: Piramal Capital in talks to raise $550 million

πŸ“ Axis Bank puts loans worth Rs 1,062 cr on sale

πŸ“ SBI General Insurance Q1 profit doubles to Rs 113 cr

πŸ“ Jindal Steel and Power wins 20% of Rs 2,500-crore global rail tender

πŸ“ Banks’ bad loans surge to Rs 9.61 lakh cr by FY18: Government

πŸ“ Government seeks Parliament's nod for Rs 11,698 cr additional expenditure

πŸ“ Freshworks raises $100 million in funding led by Accel, Sequoia

*Mint*

πŸ“ SBI to restructure its investment banking arm SBI Capital Markets

πŸ“ TPG leads $100 million funding in non-bank lender Five Star Business Finance

πŸ“ Bharti Airtel partners Razorpay for UPI payments

πŸ“ JK Paper Q1 profit rises 58% to β‚Ή95.14 crore, sales climb 18%

πŸ“ Dabur India Q1 profit up 25% to Rs330 crore

πŸ“ India’s June infrastructure output growth hits 7 month high of 6.7%

πŸ“ Edelweiss infra fund eyes Engie’s India solar business.

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