Friday, 24 May 2019

Current affair s on 24.05.2019

Today's Headlines from www:

*Economic Times*

📝 Expect government to bring down corporate tax: Adi Godrej

📝 Promoter stake in Adani Green Energy down at 80.9% after OFS

📝 Hindustan Copper plans to raise borrowing limit to Rs 2,500 crore

📝 Nikkei drops as US-China trade tensions hit tech shares

📝 Industry welcomes NDA win; seeks more reforms to accelerate growth

📝 Tata Sons plans to borrow $2 billion from overseas market

📝 I&B ministry asks channels to adhere to news and non-news categories

*Business Standard*

📝 Telcos fight to keep network costs in check; Voda Idea spends highest

📝 Domestic pharma companies eye robust growth from US market in FY20

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

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

📝 Pvt banks back to drawing board, expand branch network to boost efficiency

📝 Nippon Life, Reliance Capital sign deal for sale of mutual fund arm

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

📝 Morgan Stanley sees Sensex at 45,000; Nifty at 13,500 by June 2020

*Financial Express*

📝 Private banks’ Q4 profit declines 14% amid rise in provisions

📝 Fund-raising set to be cheaper for top NBFCs

📝 Centre looking to ‘insulate’ discoms from payment delays

📝 Ola Fleet Tech gets Rs 40-crore loan from Tata Motors Finance

📝 Google deploys AI to clean ‘trashy videos’ from YouTube homepage

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

📝 Domestic air traffic in April sees sharpest drop in 5 yrs

📝 Volatile imported coal prices, lower merchant sales may hit JSW Energy margins in FY20

📝 Adani’s coal hopes finds new opposition; now BHP joins naysayers

*Mint*

📝 Taco Bell plans big India expansion as it steps up overseas push

📝 L&T buys shares of Mindtree worth Rs44 crore through open market

📝 Form 15H amended, senior citizens to get higher TDS exemption on interest income

📝 Netflix pushing into smaller towns with new shows, lower charges

📝 Credit view on India hinges on policies of new govt: Moody's.

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