Saturday, 25 May 2019

Current affair s as on 25.05.2019

Today's Headlines from www:

*Economic Times*

📝 Airtel's paid-up share capital rises to Rs 2,565 cr after rights issue

📝 States' share of market borrowing up at 91% in FY19: Report

📝 Ashok Leyland plans Rs 2,000 crore capex over 2 years

📝 EY back on job for Air India sale, EoI to be ready soon

📝 Looking forward to working with new govt of PM Modi: IMF

📝 GoAir offers one million seats for fares starting at Rs 899

📝 CCI approves GSK, Pfizer consumer healthcare JV formation

 📝 US deadline ends, India stops purchasing Iranian oil

*Business Standard*

📝 From investment cap to pension funds, Sebi moots changes to FPI rules

📝 RBI pushes crisis-hit NBFCs to maintain more high-quality liquid assets

📝 In a first, Titan goes for in-house movements to boost premium range

📝 Cement volume growth at 9-year high as govt schemes boost housing demand

📝 Grasim Industries plans to invest additional Rs 6,400 crore to add capacity

📝 Tech firms to woo new govt for boosting start-ups, help ease of business

📝 RBI to buy Rs 15,000 crore of bonds from secondary market on June 13

📝 UK set for a new PM as tearful Theresa May quits over Brexit stalemate

*Financial Express*

📝 Crackdown on shell firms: Rules amended to ensure stricter compliance

📝 Adani Green to raise 500 million dollar in green bonds

📝 Forex reserves decline by $2.05 billion to $417.99 billion

📝 REC net profit rises 50 pc to Rs 1,256 crore in March quarter

📝 Public sector banks recover Rs 1.2 lakh cr from bad loans in 2018-19

📝 Facebook deletes record 2.2 billion fake accounts

📝 Hindustan Infralog acquires 76 percent stake in KRIBHCO Infrastructure

*Mint*

📝 SpiceJet, Vistara add planes to make the most of Jet Airways’ slots

📝 Electrical switch maker Salzer Electronics buys 72.32% stake In Kaycee

📝 HDFC sells 6.1% in subsidiary Gruh to comply with RBI directive

📝 Grasim Industries Q4 net profit at ₹1,531.86 crore

📝 Bata India Q4 profit jumps 69.47% to ₹88.26 crore

📝 Ashok Leyland Q4 net dips 12% at ₹653 crore

📝 JSW Steel profit halves to ₹1,495 crore in Q4

📝 Whirlpool of India Q4 net up 14% at ₹104 crore

📝 Infosys completes acquisition of 75% stake in ABN AMRO Bank subsidiary Stater.

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