Thursday, 1 November 2018

Current Affairs on. 1.11.2018

Today's Headlines from www:

*Economic Times*

πŸ“ LPG price hiked by Rs 2.94 per cylinder

πŸ“ Tatas reach pact with ATC; to pay $320 million as 1-time settlement, sell 13% stake

πŸ“ Reliance AMC’s net profit up 12% at Rs 114 crore

πŸ“ LIC seeks CCI nod for IDBI Bank deal

πŸ“ Dalmia Bharat Q2 profit falls 88%; board okays amalgamation with OCL India

πŸ“ SoftBank arm, Essel group to jointly develop 500-mw solar park

πŸ“ ZEE launches online platform for retail advertisers

πŸ“ Walmart India to invest USD 500 million to open 47 more stores by 2022

*Business Standard*

πŸ“ IL&FS submits revival plan to NCLT, proposes capital infusion, assets' sale

πŸ“ Amid stiff competition from rivals, Mondelez unveils R&D centre in Mumbai

πŸ“ Govt, RBI must bring in more measures to improve liquidity scenario: Ficci

πŸ“ Strides Pharma Q2 net loss at Rs 87 million on poor operating income

πŸ“ Wire and cable maker Polycab India files IPO papers with Sebi

πŸ“ Canara Bank Q2 profit rises 16% to Rs 3 bn; net interest rate grows 18%

πŸ“ Real estate investment platforms, JVs raise $6 bn to date for India: JLL

πŸ“ TPG Growth leads $42-million equity investment in Ess Kay Fincorp

*Financial Express*

πŸ“ Rail freight up 8.75% for most commodities

πŸ“ Raymond’s gross debt increases 24.5% y-o-y to Rs 2,260 crore

πŸ“ Crisil expects B&M retailers’ capex to rise 60% in 3 fiscals

πŸ“ Cyrus Investments seeks representation in Tata Sons’ board of directors

πŸ“ Strengthen NFRA to deal with challenges related to audit firms: Govt panel

πŸ“ Royal Enfield takes production hit of 25,000 units due to ongoing strike

πŸ“ PM Modi to unveil package for MSMEs, sops may include higher subsidy, PSU procurement

πŸ“ India looks to adopt deterrent penalties in data protection law: IT Secretary

πŸ“ Core sector growth slows down to 4-month low of 4.3pc in September

*Mint*

πŸ“ India ease of doing business rank jumps 23 places to 77 in World Bank’s Doing Business 2019 survey

πŸ“ Tata Motors posts Q2 loss on lean JLR sales, one-off charge

πŸ“ L&T Q2 profit rises 23% to Rs2,230 crore, beats estimate

πŸ“ Jet Airways gets payment delay notice from aircraft lessors

πŸ“ Lupin Q2 profit plunges 41.5% to β‚Ή266 crore

πŸ“ Adani Power net profit grows 22% to Rs 387 crore in Jul-Sep quarter

πŸ“ Vedanta Q2 profit dips 34% to Rs1,343 crore

πŸ“ NIIF buys infra debt provider IDFC Infrastructure Finance.

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