Friday, 16 November 2018

Current Affairs on 16.11.2018

Today's Headlines from www:

*Economic Times*

📝 BigBasket records sales of over Rs 2,000 crore

📝 Tata Sons said to have been asked by govt to explore buying Jet Airways stake

📝 Trai floats paper on discontinuing printed phone bills

📝 HDFC likely to raise $1 billion via 1st dollar bond sale

📝 Bharti Infratel seen as potential buyer of Voda Idea’s fibre assets

📝 ITC looks to expand food portfolio to boost turnover

📝 Mahindra Electric Mobility opens Rs 100-cr manufacturing hub in Bengaluru

📝 October trade deficit widens to $ 17.13 billion

*Business Standard*

📝 Hershey's still in the red, even as loss reduced to Rs 850 mn in 2017-18

📝 Amtek Auto lenders plan to take legal action against Liberty House

📝 Agri input firms see higher Q2 profits due to rise in sales, normal monsoon

📝 Gold imports dip 43% to $1.68 bn in Oct on low demand, depreciating rupee

📝 NHPC board approves buyback of equity shares at Rs 28 apiece for Rs 6 bn

📝 RInfra Q2 net profit posts 49% slip to Rs 2.77 bn from Rs 5.43 bn

📝 Top hedge fund Avendus Capital turns to state-run banks as bad loans wane

*Financial Express*

📝 India’s real GDP growth expected to be at 7.8% in FY19, up from 6.7% in FY18, says Fitch

📝 IL&FS arm defaults on Rs 4.66-crore NCD repayments

📝 Jawa re-enters India with three new bikes

📝 10-year G-Sec yield to trade in 7.6-8% range till December: Report

📝 Telcos instal 6.34 lakh BTSs, 65,000 mobile towers in last two years

📝 T-Series poised to take numero uno position on YouTube soon

📝 Walmart puts Amazon on notice with sales beat, rosy outlook

*Mint*

📝 Wall Street rises on hopes of easing US-China trade tensions

📝 Indian Hotels narrows Q2 loss to ₹5.21 crore

📝 NCLAT nod to UltraTech’s Binani Cement bid sets precedent

📝 Uber announces rewards program for ride-hailing, food delivery

📝 Tencent in talks to join group bidding for Amer Sports

📝 Govt invites bids from i-bankers for selling stakes in NIACL, GIC

📝 Tesla to deliver new Model 3 orders by year end.

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