Wednesday, 12 September 2018

Current Affairs on 12th September 2018

Today's Headlines from www:

*Economic Times*

πŸ“ White goods companies not passing on GST benefits come under lens

πŸ“ Cairn says it took $500 mn hit due to retro tax in India

πŸ“ Indian demi-billionaires to rise by 70% by '22: Survey

πŸ“ Mutual funds garner Rs 7,600 cr via SIPs in August

πŸ“ JioPhone grabs 80% market share in sub-Rs 1,500 segment, claims Reliance Retail

πŸ“ Not possible to introduce ghost entries into Aadhaar database: UIDAI

πŸ“ National Fund set to buy IDFC infra debt fund

πŸ“ US to probe Mahindra & Mahindra over Fiat Chrysler Jeep complaint

*Business Standard*

πŸ“ Irdai asks insurers to sell their holdings in Tata Sons promptly

πŸ“ Paytm's losses rise by almost 80% on the back of massive expansion plans

πŸ“ Suzlon to offload 49% stake in two solar projects in Maharashtra to CLP

πŸ“ States to get Rs 227 billion windfall from rupee plunge, crude spike

πŸ“ India aims to become second largest steel producing nation after China

πŸ“ Flipkart doubles seller additions ahead of BigBillionDays sale next month

πŸ“ From Oct 2, unlisted firms will issue new shares in demat form, says govt

πŸ“ Wrong Brexit deal could cost tens of thousands of car jobs: JLR chief

*Financial Express*

πŸ“ SEA opposes NCDEX plan to extend trading hours

πŸ“ Rupee at new closing low of 72.44; loses 12% since Jan

πŸ“ BoI recalls upper Tier-II bonds worth Rs 500 cr

πŸ“ Samsung doubles down in India, opens its biggest store world-wide in Bengaluru

πŸ“ Lenovo pins hope on gaming PC growth, expects 25% share in 5 yrs

πŸ“ Pension fund managers may get marketing rights

πŸ“ GAIL to expand gas pipeline network capacity by 50% in 3 years

πŸ“ Corruption costs $2.6 trillion or 5 per cent of global GDP, says UN chief Antonio Guterres

*Mint*

πŸ“ Germany’s Blaupunkt to invest $300 million in TV business in India in next 5 years

πŸ“ Ather Energy begins delivery of its electric scooters

πŸ“ Lightbox raises 3rd India fund, aims to close at $200 million

πŸ“ Reliance Capital posts net profit of β‚Ή272 crore in Q1

πŸ“ Tata Power to offer suite of services in rooftop solar drive

πŸ“ Yes Bank raises $400 million through syndicated loan facility

πŸ“ Set up e-auction platform to speed up sale of confiscated assets, govt tells state-run banks.

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