Saturday, 9 February 2019

Current Affairs on 09.02.2019

Today's Headlines from www:

*Economic Times*

📝 Govt may raise investment limit of angel tax concessions for startups

📝 Reliance buys additional stake in Future101, Genesis Colors

📝 Forex reserve again tops $400 billion level

📝 PSB NPAs decline to Rs 8,64,433 crore in Apr-Dec

📝 Sobha Q3 profit rises 31% to Rs 69.8 cr

📝 Passenger vehicle sales drop 1.87% in January

📝 State Bank Of India reduces home loan interest rate By 5 basis points

*Business Standard*

📝 Consumer, retail lenders make 93% of FY19 market capitalisation gains

📝 Higher tractor and auto sales drive Mahindra December quarter net up 7%

📝 KKR Asset Finance lends Rs 725 crore to Bengaluru-based realtor

📝 Adani closes KEC's Transmission asset acquisition deal, buys 100% stake

📝 Tata Steel Q3 profit up 54% to Rs 1,753 cr on the back of higher revenues

📝 Bharti Airtel's African subsidiary merges operations with Telkom Kenya

📝 Direct tax mop-up at Rs 7.88 trillion in April-Jan: Govt informs House

📝 Future Supply Chain Solutions posts 57% jump in Q3 profit to Rs 19.7 cr

*Financial Express*

📝 Competition Commission of India, GeM team up to prevent cartelization in public procurement

📝 Govt’s large borrowing to put pressure on bond return

📝 Microsoft Backs Facial Recognition Bill as Amazon Mulls Support

📝 Zydus Cadila gets USFDA nod for drug to treat seizures

📝 Reliance ADAG accuses L&T Finance, Edelweiss of illegal selling of Anil Ambani firm stocks

*Mint*

📝 Govt panel favours lowering GST on under-construction flats to 5%

📝 Indian smartphone market grew by 10% annually in 2018: report

📝 India exports to China touches $12.7 billion in Apr-Dec

📝 US considers withdrawal of zero tariffs for India

📝 UCO Bank Q3 net loss at ₹998 crore as bad loans balloon

📝 SoftBank invests ₹2,800 crore in Indiabulls Housing Fin's associate OakNorth

📝 Jet Airways board meet next week to approve December quarter results.

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