Saturday, 18 May 2019

Current affair s on 18.05.2019

Today's Headlines from www:

*Economic Times*

📝 Forex reserve up by $1.36 billion at $420.05 billion

📝 Saudi Aramco to supply extra 2 mln barrels/month to Indian Oil from July

📝 Telecom woes: BSNL expects normalcy in liquidity position by September quarter

📝 Piramal Realty FY'19 sales booking jumps nearly 4-fold to Rs 3,400 cr

📝 Uzbekistan eyes $1.7 billion FDI including from India

📝 Tata International exits trailer manufacturing biz by selling its arm to Canyon Point for Rs 305 cr

📝 Ujjivan to become a mass market bank under Nitin Chugh, says current CEO Samit Ghosh

📝 NCLAT annuls lenders' voting on NBCC's bid to acquire Jaypee Infratech

*Business Standard*

📝 Aircel lenders agree to take 99% haircut on dues worth Rs 20,000 crore

📝 Jet Airways board dysfunctional as Etihad's nominee director quits

📝 Bharti Airtel's Rs 24,939-crore rights issue fully subscribed

📝 IHCL, GIC strike Rs 4,000-crore deal to acquire premium hotels in India

📝 Indian Oil Corp Q4 net profit rises 17% on inventory, exchange gains

📝 India's apparel exports to UAE decline 33% on higher import duty

📝 NBFCs see no sign of liquidity crisis easing, await RBI's rescue act

📝 Iron ore powers above $100 as supply crisis roils global market

📝 Amazon leads $575-million investment in food delivery startup Deliveroo

📝 China signals lack of interest in resuming trade talks with US

*Financial Express*

📝 Crunch in CIL supplies: CERC order unlocks Rs 17,000 crore for power firms

📝 Spencer’s buys Nature’s basket in Rs 300-crore deal

📝 Dr Reddy’s net profit up 44 per cent in Q4

📝 Refurbished mobile imports certified by BIS get govt nod

📝 Nestle likely to focus on low-cost products to gain rural share

📝 Sundaram-Clayton opens first overseas plant in US

📝 Truck rentals take huge hit on drop in freight

📝 US tariffs on China big opportunity for Indian textile industry: CITI

📝 City Union Bank net rises 15% to Rs 175 crore in Q4

*Mint*

📝 Indian Navy successfully test-fires MRSAM missile

📝 Elon Musk to personally examine, review all Tesla expenses

📝 Corporation Bank Q4 net loss widens to ₹6,581 crore as provisioning doubles

📝 Brexit talks collapse as UK Opposition blames 'weak' Theresa May

📝 Nestle India chief flags concern for industry over lower-than-expected monsoons

📝 Sensex soars 537 points; Nifty reclaims 11,400-mark

📝 Bajaj Auto Q4 net at ₹1,306 crore, shares jump 5%.

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