Thursday, 30 August 2018

Current Affairs on August 30th 2018

Today's Headlines from www:

*Economic Times*

πŸ“ TCS to open up AI platform Ignio to third-party players

πŸ“ Bharti Airtel shareholders approve merger proposal with Tata Teleservices

πŸ“ Nalco pays record dividend of Rs 1,102 crore for FY18

πŸ“ ICICI Prudential sells 2.05% stake in Tata Chemicals

πŸ“ Aditya Birla Fashion gets shareholders' nod to raise up to Rs 1,250 crore

πŸ“ Domestic pharma players eye Bharat Serums acquisition

πŸ“ ISRO keen to outsource PSLV, small satellite launch vehicle

πŸ“ Cabinet approves additional funding of Rs 635 crore for IPPB

*Business Standard*

πŸ“ MakeMyTrip and Yatra looking to optimise promotional costs to trim losses

πŸ“ Jaguar Land Rover India registers 83% growth in 2017-18, says MD Rohit Suri

πŸ“ Household financial savings climb to 7-year high, says RBI report

πŸ“ Government hikes spending on postal payments bank to Rs 14.35 billion

πŸ“ ICICI Bank tells Sebi it was unaware of conflict of interest

πŸ“ Government mulls action against India heads of social media on fake news

πŸ“ Finance Ministry to push S&P for ratings upgrade on Thursday

πŸ“ RBI balance sheet expands by 9.5% in FY18 on rise in foreign investments

*Financial Express*

πŸ“ Nomura pegs total stressed assets at Rs 16.30 lakh crore

πŸ“ Rupee slips to record closing low of 70.59

πŸ“ Sundaram Mutual plans to raise up to Rs 400 crore via NFO

πŸ“ HCL opens IoT innovation labs in US, India

πŸ“ US economy grew at a brisk 4.2 percent annual rate in Q2

πŸ“ RBI surplus transfer to government rises 63.08% in FY18

πŸ“ Current account deficit expected to be largely financed by FDI flows

πŸ“ Irdai makes long-term insurance for new cars, two-wheelers mandatory

*Mint*

πŸ“ Demonetisation comes to haunt govt as RBI says 99.3% notes back

πŸ“ Aditya Birla, Varde to set up $1 billion JV to buy stressed assets

πŸ“ RInfra sells Mumbai power utility to Adani

πŸ“ IL&FS plans to divest assets, cut debt by up to β‚Ή30,000 crore

πŸ“ Indian Oil earmarks β‚Ή22,000 crore capex for FY19

πŸ“ Xander firm close to buying Omkar’s upcoming mall for β‚Ή2,300 crore

πŸ“ Unitech Q1 net loss widens to β‚Ή73 crore

πŸ“ Fuel retailers set to expand network after four-year gap.

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