Tuesday, 28 May 2019

Current affair s on 28.05.2019

Today's Headlines from www:

*Economic Times*

πŸ“ Google invests $670 million to expand its data centre in Finland

πŸ“ Government likely to introduce electronic invoice system under GST

πŸ“ Airtel submits Rs 644 crore bank guarantee in TDSAT for Tata Tele merger

πŸ“ ArcelorMittal, Resurgent said to mull joint bid for Essar plant

πŸ“ Imports to halve as Coal India increases supplies to power plants

πŸ“ RCom posts a consolidated loss of Rs 7,964 crore

πŸ“ GoDaddy's new solution targets small businesses in India

πŸ“ Digital battle for kiranas to get tough with Jio’s PoS

*Business Standard*

πŸ“ NBFCs show fresh interest in on-tap licences, initiate talks with RBI

πŸ“ RBI may relax norms for shareholders' vote on corporate debt restructuring

πŸ“ Zee Entertainment logs 18.7% rise in revenues in FY19; ad income up 20%

πŸ“ IndiGo Q4 profit up 400% to Rs 590 crore, rules out slowdown fears

πŸ“ New H1B visa norms may affect Indian IT companies' margins in FY20

πŸ“ HAL logs life high turnover of Rs 19,705 cr; PAT at Rs 2,282 cr in FY19

πŸ“ Tech Mahindra bags $100-mn outsourcing contract from Vodafone New Zealand

πŸ“ Anil Ambani to sell BIG FM for Rs 1,050 cr to Jagran's Music Broadcast

πŸ“ 10-yr govt bond slips by 7 bps to 7.17% amid FPI flow, fall in oil prices

*Financial Express*

πŸ“ Indian Overseas Bank bets big on β€˜bank on wheels’

πŸ“ India Cements Q4 profit rises to Rs 43.85 crore

πŸ“ Avendus fund buys minority stake in Bikaji Foods International

πŸ“ Bitcoin jumps towards $9,000 in best-performing month since 2017

πŸ“ DLF cuts net debt by 34 per cent in Q4 to Rs 4,483 cr

πŸ“ Govt weighing scheme for fast refund of levies to exporters

πŸ“ India Inc revenue growth in Q4 hits six-quarter low of 10.7 per cent

πŸ“ Sistema.bio raises $12 million in Series A round of funding

*Mint*

πŸ“ Singapore startup Trax raising funds at $1.1 billion value

πŸ“ Lenders set two-week deadline to revive Jet Airways

πŸ“ Samunnati raises $55 million from US-based Nuveen

πŸ“ GDP growth in Q4 likely to moderate to 5.9%; may lead RBI to cut rates: Report

πŸ“ Govt proposes WTO-compliant schemes to boost Make in India

πŸ“ Colgate-Palmolive Q4 net sales up 6% to β‚Ή1,146.6 crore

πŸ“ NHPC Q4 net up over two-fold at β‚Ή492 crore

πŸ“ Patnajali expands dairy products to take on Amul and Mother Dairy.

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