Saturday, 1 September 2018

Current Affairs on September 1st 2018

Today's Headlines from www:

*Economic Times*

📝 Godrej Consumer sells its UK unit

📝 United Bank of India quits Antwerp diamond hub

📝 PNB plans to sell entire NSE stake for over Rs 48 crore

📝 JPVL board approves conversion of Rs 4,000 crore debt into equity

📝 Government seeks comments on allowing single mother's name on PAN

📝 Telecom Commission approves norms for network testing; caps trials at 180 days

📝 Jindal Stainless Group aims 15-20pc jump in topline in FY19

*Business Standard*

📝 Income tax returns surge 76%, cross 52 million filings before deadline

📝 India's gross value added in allied activities, agriculture surges to 5.3%

📝 RBI skips meet on stressed power assets; SBI, PNB seek time for resolution

📝 Mumbai-Pune expressway concession agreement inked at Rs 90 billion

📝 India's manufacturing sector rises to a nine-quarter high of 13.1%

📝 RBI's new cash logistics norms might disrupt functioning of ATMs: IBA

📝 M&A activity under insolvency process is slack, says PWC report

📝 Tencent loses $20 bn in value after China attacks myopia with gaming curbs

*Financial Express*

📝 Fiscal deficit till July comes at 86.5% of FY19 target

📝 Avenue Supermarts may add 60 stores over next 2 years

📝 Kwid sales skid 30% in January-July

📝 Ratan Tata's TCS tops Rs 8 lakh crore m-cap for first time ever in stock market trading history

📝 Xiaomi migrating cloud servers to India for local data storage

📝 Credit growth doubles in July 2018 at 10.6 per cent

📝 India’s forex reserves rise by $445.4 million to $401.293 billion

*Mint*

📝 GDP growth zooms to 8.2% in June quarter, beats estimates

📝 Vodafone Idea dials in with 408 million customers, ₹19,300 crore in bank

📝 Coca-Cola bets on coffee with $5.1 billion deal for Costa

📝 Lone Star, I Squared Capital to buy out IL&FS’ stressed assets

📝 Diesel price crosses ₹70/litre mark for first time ever; LPG rates up by ₹1.49

📝 UIDAI relaxes Aadhaar enrolment targets for banks

📝 SAIL declines dividend to government, says has no cash

📝 ₹1,000 crore subsidy likely for EV charging infrastructure.

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