Wednesday, 13 February 2019

Current Affairs on 13.02.2019

Today's Headlines from www:

*Economic Times*

📝 Banks clear MSME loans worth Rs 30k cr via 59-Min portal

📝 NBFC crisis hits corp bonds, sales dip 13% to Rs 4 lakh crore till Dec

📝 Neogen Chemicals gets Sebi's go ahead for IPO

📝 NPA under Mudra Yojana stands at Rs 7,277 crore

📝 India remains fastest growing ad market in the world with AdEx growth estimate of 14% in 2019: GroupM

📝 Allahabad Bank dials RBI for transfer of bad loan from Hong Kong

📝 95% real estate companies outside the income tax net, finds CAG

📝 Larsen & Toubro's hydrocarbon arm get order worth over Rs 7,000 crore in Algeria

*Business Standard*

📝 Swiggy Stores to take on online grocers Grofers, BigBasket and Dunzo

📝 Sun Pharma net profit up four-fold to Rs 1,242 crore in Dec quarter

📝 Indian airlines losses to shrink by $500-700 million in FY20: CAPA

📝 Govt to sell 100% stake in Air India ground handling arm, invites EoI

📝 IIP grows at 2.4% in December against 7.3% in year-ago period

📝 Govt targets Rs 4,000 crore through additional Bharat-22 ETF sale

📝 Coal India Q3 net profit surges 50% to Rs 4,567 cr, beats Street estimates

📝 NCC Ltd posts Q3 result, net profit increases by 74% at Rs 167.57 crore

📝 Hindalco reports higher-than-expected Q3 PAT at Rs 713 crore, up 47% yoy

*Financial Express*

📝 Karur Vysya Bank Q3 net plummets 70% to Rs 21 crore

📝 Walmart, Google-backed Deliv end online grocery partnership

📝 Analysts downgrade Motherson Sumi estimates after third quarter results

📝 Oil prices rise on OPEC output cuts, as US sanctions bite

📝 Reliance AIF seeks two-year extension for redemption of 5 realty investments

📝 Banker Uday Kotak calls for ethical entrepreneurship

📝 Airtel tops data speed charts, Reliance Jio’s coverage the widest in Jul-Dec 2018: Report

*Mint*

📝 TPG Capital, Manipal in exclusive talks to acquire Medanta

📝 Air India asks govt to refinance ₹20,000 crore debt by 31 March

📝 Sebi may reduce charges levied on intermediaries by up to 60%

📝 Indian conglomerate Lohia acquires Israel's Light & Strong

📝 Trai extends deadline to switch DTH plans to 31 March

📝 Smallcase Tech raises funding in round led by Sequoia India

📝 Indian Hotels Q3 net profit up 50.9% to ₹173 crore

📝 Ipca Laboratories Q3 net profit jumps 52% to ₹160.18 crore.

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