Monday, 27 August 2018

Current Affairs on August 27th 2018

Today's Headlines from www:

*Economic Times*

📝 Government looks to meet 75% of FY19 selloff target by December

📝 Bankers burn midnight oil to resolve Rs 3.8 tln NPAs

📝 FPIs stay bullish on India, invest Rs 6,700 crore in Aug

📝 ISRO will complete Gaganyaan mission as per schedule: Raghavan

📝 Apollo tyres plans $1bn investments to dethrone MRF

📝 NITI Aayog to review progress of standardisation of Metro rail systems

📝 NBFCs to see up to 35-40% rise in hiring in next 1 yr, say experts

📝 Big willful defaulters' dues to PNB drop to Rs 15,175 crore in July

*Business Standard*

📝 Amazon plans to invest $700 million in Kishore Biyani's Future Group

📝 Budget hospitality start-up OYO is replicating its India strategy in China

📝 Coke to counter growing competition from local brands with refreshed RimZim

📝 Worst may be over for Indian bonds; RBI done with rate hikes: HDFC Standard

📝 RBI must ensure greater participation of banks in gold imports: NITI Aayog

📝 Stressed power assets: 180-day deadline breach not end of road, say bankers

📝 Five years of Companies Act, 2013: Step-up in compliances irks India Inc

*Financial Express*

📝 UPI soars, clocks digital transactions at 43% of those by cards at retail outlets as compared to 4% last year

📝 RBI norms to limit flood impact in the near term

📝 Rocket Internet bets on lesser-known startups to repeat its earlier success

📝 51,837 industries in Delhi under National Green Tribunal scanner

📝 Jobs in corporate India fell sharply over last decade, from around 5-6% per annum then to around 2-3% today

📝 India’s logistics sector to grow to $200 bn in 3 years, government steps will take time to fructify: J Padmanabhan, Crisil

📝 Guess, US-based brand, aims to provide completely new experience in India with its large format lifestyle stores

*Mint*

📝 Govt plans to make compulsory for unlisted firms to issue shares in demat form

📝 SAIL set to exit non-performing, non-operational JV firms

📝 Sebi plans to deploy technology to beef up surveillance activities

📝 Corporate affairs ministry seeks details from crisis-hit Jet Airways

📝 Shubh Loans raises $4.2 million from Saama Capital, others

📝 Marico expects premium brands biz to double in 3-4 years

📝 Liberty House plans to turn ABG Shipyard into steel plant.

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