Thursday, 20 December 2018

Current Affairs on 20.12.2018

Today's Headlines from www:

*Economic Times*

πŸ“ Fed ignores Trump to raise rate, trims 2019 forecast to two hikes

πŸ“ ONGC Board to consider OVL listing but IPO ruled out in near future

πŸ“ Indiabulls Real Estate approves restructuring with subsidiaries

πŸ“ K Raheja Corp subsidiary repays NCDs worth Rs 500 crore

πŸ“ 284 companies may face prosecution for CSR non-compliance

πŸ“ Banks may remain closed for 5 days due to holidays, strikes in December

πŸ“ Credit lending market continues to see robust growth: Report

*Business Standard*

πŸ“ Centre to seek interim payout from Reserve Bank: Subhash Chandra Garg

πŸ“ J&J loses motion to overturn $4.7 billion talc-ovarian cancer verdict

πŸ“ Oppo calls on India's bond mkt, raises money by non-convertible debentures

πŸ“ Capgemini raises fresher salary by 20%, adds 25,000 more people this year

πŸ“ Airfares in Indian market are 10-15% lower, unsustainable: Boeing official

πŸ“ PE investors fighting tough rules to back insurance companies, say experts

πŸ“ Retail food service sector value expected to touch Rs 5 trn

πŸ“ Agri logistics companies yet to see sizable investor interest, shows data

*Financial Express*

πŸ“ Tata Motors liable to pay tax for possession of chassis, says SC

πŸ“ Shell Eastern Petroleum to acquire 49% stake in Cleantech Solar

πŸ“ Vehicles recalls jump over 2-fold in 2018

πŸ“ Thyssenkrupp sets up technology centre in Pune

πŸ“ M&A deal values saw sharp uptick in 2018, says report

πŸ“ India’s fixed broadband speeds improved the most in 2018, says Ookla

πŸ“ Tech major Garmin bets big on India’s wearables market

*Mint*

πŸ“ NITI Aayog targets $4 trillion economy by 2022-23

πŸ“ Government says genuine investments in start-ups will not be taxed

πŸ“ DGCA mulling new method to get on-time performance of domestic airlines

πŸ“ Binny Bansal seeks $100 mn from Walmart after Flipkart exit

πŸ“ Canara Bank to raise up to β‚Ή3,000 crore via Basel-III compliant bonds

πŸ“ Edtech startup Toppr raises $35 million in fresh funding

πŸ“ Milkbasket gets $7 million funding from Mayfield, others

πŸ“ Maruti Suzuki cuts sales growth forecast to 8% for FY19.

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