Thursday, 11 October 2018

Current Affairs on October 11th 2018

Today's Headlines from www:-

*Economic Times*

πŸ“ Back series of GDP likely this month, says chief statistician

πŸ“ ONGC plans to buy 27 rigs for up to Rs 3,500 cr

πŸ“ Zydus leads race for Complan with Rs 4,500-crore bid

πŸ“ Gold imports drop 14% on weak rupee in Sept: GFMS

πŸ“ ESAF Small Finance Bank raises Rs 464 crore equity

πŸ“ ZEE Q2 revenue up 25% at Rs 1,976 crore

πŸ“ Vodafone Idea moves TDSAT to recover bank guarantees

πŸ“ GRSEL eyes order book of Rs 28,000 crore from Navy contracts

*Business Standard*

πŸ“ Tatas take control of AirAsia India with new CEO Sunil Bhaskaran, board

πŸ“ IL&FS books, riddled with irregularities, sent to audit regulator NFRA

πŸ“ M&M enters vehicle leasing business via tie-up with Orix, ALD Automotive

πŸ“ Trillions in US net worth vulnerable to recession, says IMF report

πŸ“ Investor wealth soars over Rs 3 trn as equity market makes strong recovery

πŸ“ Usha Martin to seek shareholder nod for business sale to Tata Steel

πŸ“ Lamborghini looks to boost India sales with SUV for millionaires

πŸ“ Need for liquidity set to drive secondary deals in the Indian market

*Financial Express*

πŸ“ Ensono takes over Wipro’s hosted data services

πŸ“ Non-food credit growth slips to 12.57% from near 4-year highs

πŸ“ Draft electronics policy aims whopping $400 billion manufacturing ecosystem turnover by 2025

πŸ“ Zomato, Swiggy, Foodpanda, 7 others delist over 5,000 restaurants: FSSAI

πŸ“ PE/VC investments fell 23% in July-Sept

πŸ“ Iron ore prices rise on robust demand

πŸ“ Pepper prices touched 10-year-low

*Mint*

πŸ“ Excise duty on jet fuel cut from 14% to 11% in relief for airlines

πŸ“ CCI amends M&A approval regulations

πŸ“ Bandhan Bank Q2 profit jumps 47% to Rs 487 crore

πŸ“ Amazon lands $1 billion in cloud deals with SAP, Symantec

πŸ“ Future Enterprises acquires 55% stake in LivQuik

πŸ“ P&G India fund to invest in Indian start-ups

πŸ“ Pepperfry cuts losses by 32% in 2017-18

πŸ“ Alibaba founder Jack Ma reclaims top spot among Chinese billionaires.

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