Saturday, 3 November 2018

Current Affairs on 03.11.2018

Today's Headlines from www:

*Economic Times*

πŸ“ Loan in 59 minutes: Modi launches portal to ease credit for MSMEs

πŸ“ CIL's supplies to power plants up 22 million tonnes in April-October

πŸ“ BSE posts 4% rise in Q2 standalone total income at Rs 152.47 crore

πŸ“ SBI to raise Rs 4,116 crore via Basel III bonds

πŸ“ HAL to roll out more Tejas fighters from new facility

πŸ“ India's Petronet, ONGC Videsh eye stake in Tellurian project

πŸ“ Microfinance companies plan to create common pool of assets for securtisation

πŸ“ L&T Construction bags Rs 138-cr order from Bengaluru Metro

*Business Standard*

πŸ“ Apple posts flat growth in India in September quarter over weakening rupee

πŸ“ Amazon's India marketplace unit posts nearly $1 billion loss in FY18

πŸ“ Govt extends implementation of tracking system for export of drugs

πŸ“ Tea producers, exporters cheer as India exempted from Iran sanctions

πŸ“ Bharat Forge Q2 profit jumps 11.6% to Rs 2.28 bn; total income up 32%

πŸ“ Satyam scam: Sebi asks Raju, three others to return Rs 8.13 billion

πŸ“ Fresh H1-B hiring to get tougher, US introduces more stringent provisions

*Financial Express*

πŸ“ Reliance Jio adds 1.3 crore users in September; Airtel, Vodafone, Idea lose over 1 crore customers

πŸ“ Forex reserves down by USD 1.444 bn to USD 392.078 billion

πŸ“ SAIL posts Rs 554-crore profit as earnings jump

πŸ“ PFC profit rises 12% to Rs 1,325 crore in Q2, firm raises borrowing limit

πŸ“ City Union Bank Q2 profit up 16%

πŸ“ Pune civic body to raise Rs 1,000 crore via Muni Bonds

πŸ“ Domestic turmoil may see ECB draw-downs sniffing at $35-40 billion by March: Icra

*Mint*

πŸ“ No end to PNB woes as Q2 loss hits β‚Ή4,532 crore

πŸ“ Axis Bank’s profit up 83% at β‚Ή790 crore in September quarter

πŸ“ RBI allows banks to provide partial credit enhancement of NBFC bonds

πŸ“ Adani Gas plans to invest β‚Ή8,000 crore in next 5 years: Pranav Adani

πŸ“ Indian Oil Q2 profit drops on higher forex, raw material costs

πŸ“ Hindalco to invest $180 million in Brazil, close Aleris deal by April

πŸ“ NTPC Q2 profit falls marginally, misses estimates

πŸ“ Rural market presents $10-12 bn opportunity for e-commerce firms.

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