Tuesday, 28 May 2019

Current affair s on 28.05.2019

Today's Headlines from www:

*Economic Times*

📝 Google invests $670 million to expand its data centre in Finland

📝 Government likely to introduce electronic invoice system under GST

📝 Airtel submits Rs 644 crore bank guarantee in TDSAT for Tata Tele merger

📝 ArcelorMittal, Resurgent said to mull joint bid for Essar plant

📝 Imports to halve as Coal India increases supplies to power plants

📝 RCom posts a consolidated loss of Rs 7,964 crore

📝 GoDaddy's new solution targets small businesses in India

📝 Digital battle for kiranas to get tough with Jio’s PoS

*Business Standard*

📝 NBFCs show fresh interest in on-tap licences, initiate talks with RBI

📝 RBI may relax norms for shareholders' vote on corporate debt restructuring

📝 Zee Entertainment logs 18.7% rise in revenues in FY19; ad income up 20%

📝 IndiGo Q4 profit up 400% to Rs 590 crore, rules out slowdown fears

📝 New H1B visa norms may affect Indian IT companies' margins in FY20

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

📝 Tech Mahindra bags $100-mn outsourcing contract from Vodafone New Zealand

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

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

*Financial Express*

📝 Indian Overseas Bank bets big on ‘bank on wheels’

📝 India Cements Q4 profit rises to Rs 43.85 crore

📝 Avendus fund buys minority stake in Bikaji Foods International

📝 Bitcoin jumps towards $9,000 in best-performing month since 2017

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

📝 Govt weighing scheme for fast refund of levies to exporters

📝 India Inc revenue growth in Q4 hits six-quarter low of 10.7 per cent

📝 Sistema.bio raises $12 million in Series A round of funding

*Mint*

📝 Singapore startup Trax raising funds at $1.1 billion value

📝 Lenders set two-week deadline to revive Jet Airways

📝 Samunnati raises $55 million from US-based Nuveen

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

📝 Govt proposes WTO-compliant schemes to boost Make in India

📝 Colgate-Palmolive Q4 net sales up 6% to ₹1,146.6 crore

📝 NHPC Q4 net up over two-fold at ₹492 crore

📝 Patnajali expands dairy products to take on Amul and Mother Dairy.

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