Friday, 24 May 2019

Current affair s on 24.05.2019

Today's Headlines from www:

*Economic Times*

πŸ“ Expect government to bring down corporate tax: Adi Godrej

πŸ“ Promoter stake in Adani Green Energy down at 80.9% after OFS

πŸ“ Hindustan Copper plans to raise borrowing limit to Rs 2,500 crore

πŸ“ Nikkei drops as US-China trade tensions hit tech shares

πŸ“ Industry welcomes NDA win; seeks more reforms to accelerate growth

πŸ“ Tata Sons plans to borrow $2 billion from overseas market

πŸ“ I&B ministry asks channels to adhere to news and non-news categories

*Business Standard*

πŸ“ Telcos fight to keep network costs in check; Voda Idea spends highest

πŸ“ Domestic pharma companies eye robust growth from US market in FY20

πŸ“ GIC Q4 PAT down 19.7% at Rs 603 cr on provisioning for IL&FS exposure

πŸ“ Western Digital's investment in Indian markets at Rs 1,400 crore a year

πŸ“ Pvt banks back to drawing board, expand branch network to boost efficiency

πŸ“ Nippon Life, Reliance Capital sign deal for sale of mutual fund arm

πŸ“ Oil prices plunge over 5% to $67 as US-China trade tensions intensify

πŸ“ Morgan Stanley sees Sensex at 45,000; Nifty at 13,500 by June 2020

*Financial Express*

πŸ“ Private banks’ Q4 profit declines 14% amid rise in provisions

πŸ“ Fund-raising set to be cheaper for top NBFCs

πŸ“ Centre looking to β€˜insulate’ discoms from payment delays

πŸ“ Ola Fleet Tech gets Rs 40-crore loan from Tata Motors Finance

πŸ“ Google deploys AI to clean β€˜trashy videos’ from YouTube homepage

πŸ“ Further leverage build-up at parent firm Volcan could derail Vedanta’s debt-reduction plan, warns India-Ratings

πŸ“ Domestic air traffic in April sees sharpest drop in 5 yrs

πŸ“ Volatile imported coal prices, lower merchant sales may hit JSW Energy margins in FY20

πŸ“ Adani’s coal hopes finds new opposition; now BHP joins naysayers

*Mint*

πŸ“ Taco Bell plans big India expansion as it steps up overseas push

πŸ“ L&T buys shares of Mindtree worth Rs44 crore through open market

πŸ“ Form 15H amended, senior citizens to get higher TDS exemption on interest income

πŸ“ Netflix pushing into smaller towns with new shows, lower charges

πŸ“ Credit view on India hinges on policies of new govt: Moody's.

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