Thursday, 1 November 2018

Current Affairs on. 1.11.2018

Today's Headlines from www:

*Economic Times*

📝 LPG price hiked by Rs 2.94 per cylinder

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

📝 Reliance AMC’s net profit up 12% at Rs 114 crore

📝 LIC seeks CCI nod for IDBI Bank deal

📝 Dalmia Bharat Q2 profit falls 88%; board okays amalgamation with OCL India

📝 SoftBank arm, Essel group to jointly develop 500-mw solar park

📝 ZEE launches online platform for retail advertisers

📝 Walmart India to invest USD 500 million to open 47 more stores by 2022

*Business Standard*

📝 IL&FS submits revival plan to NCLT, proposes capital infusion, assets' sale

📝 Amid stiff competition from rivals, Mondelez unveils R&D centre in Mumbai

📝 Govt, RBI must bring in more measures to improve liquidity scenario: Ficci

📝 Strides Pharma Q2 net loss at Rs 87 million on poor operating income

📝 Wire and cable maker Polycab India files IPO papers with Sebi

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

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

📝 TPG Growth leads $42-million equity investment in Ess Kay Fincorp

*Financial Express*

📝 Rail freight up 8.75% for most commodities

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

📝 Crisil expects B&M retailers’ capex to rise 60% in 3 fiscals

📝 Cyrus Investments seeks representation in Tata Sons’ board of directors

📝 Strengthen NFRA to deal with challenges related to audit firms: Govt panel

📝 Royal Enfield takes production hit of 25,000 units due to ongoing strike

📝 PM Modi to unveil package for MSMEs, sops may include higher subsidy, PSU procurement

📝 India looks to adopt deterrent penalties in data protection law: IT Secretary

📝 Core sector growth slows down to 4-month low of 4.3pc in September

*Mint*

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

📝 Tata Motors posts Q2 loss on lean JLR sales, one-off charge

📝 L&T Q2 profit rises 23% to Rs2,230 crore, beats estimate

📝 Jet Airways gets payment delay notice from aircraft lessors

📝 Lupin Q2 profit plunges 41.5% to ₹266 crore

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

📝 Vedanta Q2 profit dips 34% to Rs1,343 crore

📝 NIIF buys infra debt provider IDFC Infrastructure Finance.

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