Friday, 2 November 2018

Current Affairs on 02.11.2018

Today's Headlines from www:

*Economic Times*

📝 50 Indian items face heat as US revokes duty-free privileges on import of 90 products

📝 Mobile manufacturing a $230 billion opportunity: Report

📝 TCS acquires London-based W12 Studios

📝 NBCC stops open transport of building material

📝 Danube Home makes India foray from Hyderabad, to invest Rs 1,400 cr over 10 years

📝 Croma gets Rs 250 cr from Tata Sons to speed up expansion

📝 Reserve Bank of India gives licence to Kirloskar Capital

📝 ONGC to draw perspective plan to integrate business

*Business Standard*

📝 Non-ETFs pull out $1 bn from India in September; GEM funds falls to 9.7%

📝 Sebi directs Sahara group, its chief Subrata Roy to refund Rs 141 bn

📝 Arvind's Q2 profit rises 18% to Rs 730 mn, revenue up 12% to Rs 30.53 bn

📝 HPCL Q2 net profit down 37% to Rs 11 bn; merger with MRPL to happen in FY20

📝 After a 25-year journey in India, Arrow aims for a wider brand footprint

📝 State Bank of India withdraws insolvency plea against Uttam Galva Steels

📝 UPI-based payments for IPOs from Jan 1, 2019 in a three-phased manner

*Financial Express*

📝 Manufacturing grows at quickest pace in 4 months

📝 Banks’ consumer durable loan portfolio falls 82% in Sept

📝 Airlines may post steepest losses in a decade: Crisil

📝 Hindustan Petroleum Corp’s Q2 net declines 37%

📝 Matrimony.com second quarter consolidated net drops 30%

📝 Sundaram Finance posts flat net profit growth at Rs 154 crore

📝 FPIs offload over Rs 1 lakh-cr funds in FY19 amid growth concerns

📝 Cabinet clears ordinance to amend Companies Act

*Mint*

📝 Govt delays imposition of retaliatory tariffs on US goods till 17 Dec

📝 Auto sales grow in single digits in October

📝 DLF Q2 profit rises thirty-fold to ₹373.21 crore

📝 Govt sells 3.18% in Coal India, to get Rs 5,300 crore

📝 GST collection crosses Rs 1 trillion in October

📝 HDFC Q2 net profit rises 25% to Rs 2,467 crore

📝 Airtel charts out a new strategy to take on Reliance Jio

📝 Mondelez set to bring global offerings to India.

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