Wednesday, 12 September 2018

Current Affairs on 12th September 2018

Today's Headlines from www:

*Economic Times*

📝 White goods companies not passing on GST benefits come under lens

📝 Cairn says it took $500 mn hit due to retro tax in India

📝 Indian demi-billionaires to rise by 70% by '22: Survey

📝 Mutual funds garner Rs 7,600 cr via SIPs in August

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

📝 Not possible to introduce ghost entries into Aadhaar database: UIDAI

📝 National Fund set to buy IDFC infra debt fund

📝 US to probe Mahindra & Mahindra over Fiat Chrysler Jeep complaint

*Business Standard*

📝 Irdai asks insurers to sell their holdings in Tata Sons promptly

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

📝 Suzlon to offload 49% stake in two solar projects in Maharashtra to CLP

📝 States to get Rs 227 billion windfall from rupee plunge, crude spike

📝 India aims to become second largest steel producing nation after China

📝 Flipkart doubles seller additions ahead of BigBillionDays sale next month

📝 From Oct 2, unlisted firms will issue new shares in demat form, says govt

📝 Wrong Brexit deal could cost tens of thousands of car jobs: JLR chief

*Financial Express*

📝 SEA opposes NCDEX plan to extend trading hours

📝 Rupee at new closing low of 72.44; loses 12% since Jan

📝 BoI recalls upper Tier-II bonds worth Rs 500 cr

📝 Samsung doubles down in India, opens its biggest store world-wide in Bengaluru

📝 Lenovo pins hope on gaming PC growth, expects 25% share in 5 yrs

📝 Pension fund managers may get marketing rights

📝 GAIL to expand gas pipeline network capacity by 50% in 3 years

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

*Mint*

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

📝 Ather Energy begins delivery of its electric scooters

📝 Lightbox raises 3rd India fund, aims to close at $200 million

📝 Reliance Capital posts net profit of ₹272 crore in Q1

📝 Tata Power to offer suite of services in rooftop solar drive

📝 Yes Bank raises $400 million through syndicated loan facility

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

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