Monday, 8 October 2018

Current Affairs on 08.10.2018

Today's Headlines from www:

*Economic Times*

πŸ“ Growth in India firming up, projected to accelerate further, says World Bank

πŸ“ Flipkart forays into insurance space, teams up with Bajaj Allianz

πŸ“ Saudi prince eyes Aramco IPO by 2021, valuation at $2 trillion

πŸ“ China cuts CRR for fourth time in 2018 as growth slows

πŸ“ Skills Ministry banks on India Inc to help in apprenticeship

πŸ“ HCL Technologies to invest Rs 750 crore in Andhra Pradesh, create 7,500 jobs

πŸ“ Hike in MSPs in July was well below ones announced in FY 2009 &FY 2013: RBI

πŸ“ Chemical industry may reach USD 304 billion by FY25: Report

*Business Standard*

πŸ“ Amalgamation not on cards, focus on internal consolidation, says PNB MD

πŸ“ Aadhaar enrolment, update services by banks, post offices to stay: UIDAI

πŸ“ As power plants graple with shortages, coal imports up 35% to 21 MT in Sep

πŸ“ IPOs, FPOs, ESoPs exempted from STT for availing of concessional 10% LTCG

πŸ“ Govt plans to give significant autonomy to Air India's board, with a rider

πŸ“ IL&FS board likely to meet again this week; to chalk out course of action

πŸ“ China empowers banks to pump $109 bn into economy hit by trade war

*Financial Express*

πŸ“ Fund raising via IPO slumps 53% to Rs 12,470 crore in April-September FY19

πŸ“ Government plans to auction over 100 mineral blocks by March 2019

πŸ“ Indian aviation sector is vibrant, country a strategic market: Lufthansa

πŸ“ India’s drone market expected to grow $885.7 mn by 2021

πŸ“ Indiabulls Housing expects over 20% growth in current fiscal

πŸ“ Bankruptcy Code will deepen Indian corporate bond market: Assocham

πŸ“ Tech Mahindra expects 30-40 pct growth in cyber security business

πŸ“ Fujifilm India forays into endoscopy segment; expects to contribute 10 pct of medical business

*Mint*

πŸ“ Reliance hikes petrochemical prices to offset rising oil

πŸ“ HNIs, retail investors shun IPOs amid market turmoil

πŸ“ Shapoorji Pallonji arm plans land monetization programme

πŸ“ Opic looking to invest in late-stage Indian start-ups

πŸ“ Greenko-Orange deal back on the table

πŸ“ No swift resolution in sight for Essar Steel’s legal quagmire

πŸ“ Govt panel set to probe e-tailers’ big discounts.

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