Today's Headlines from www:
*Economic Times*
π GSP withdrawal by US may moderately hit gem and jewellery exports: Crisil
π Alibaba proposes one-to-eight stock split ahead of up to $20 bn HK listing
π Top pvt sector banks cut interest rates on deposits by up to 0.25%
π Amazon India most attractive employer brand, Microsoft India 2nd: Survey
π Biocon board approves sale of branded formulations business to subsidiary
π Impose green cess on polluting vehicles to support EVs: SMEV
π Ramco Cements targets 20 million tonnes capacity by 2020
*Business Standard*
π Govt aims to improve fuel access; petrol, diesel to be sold in supermarkets
π HDFC Mutual Fund takes Rs 500 crore of Essel group exposures on books
π IndiGo moves away from Pratt & Whitney, places $20-bn order for CFM engines
π India Inc's advance tax mop-up surges 171% in Q1, Mumbai collection up 133%
π Scooter sharing startup Bounce's valuation crosses $220 mn with new funding
π SBI plans to mop up Rs 5,000-crore debt capital via tier-II bonds
π NHPC to cancel 2520 Mw bids under power purchase agreement over high tariff
π Over and out for Jet Airways as lenders start bankruptcy proceedings
*Financial Express*
π Claims against Reliance Communications swell to Rs 57,382 cr; Reliance ADAG companies among claimants
π Study estimates PM-Aasha cost at Rs 3.84 lakh crore
π BPCLβs investment plan for Mozambique gas field gets governmentβs approval
π Indiaβs commercial realty raked in $2.6 billion cross border investments in Q1 OF 2019
π Life insurance: Premium collections of private life insurers up 27 pct
π Surat textile weavers urge government to expedite TUFS scheme
π Piyush Goyal holds meeting with stakeholders on e-commerce, data localisation
*Mint*
π Sothebyβs sold for $3.7 billion to media titan Patrick Drahi
π FMCG firms may see pick-up in demand later this year: Report
π Essel Infra to sell solar assets to Adani Groupβfor up to βΉ2,000 crore
π Bounce raises $72 mn led by B Capital Group, Falcon Edge Capital
π Singaporeβs GIC eyes up to $1 billion investment in Indian road assets
π ICICI Bank moves NCLAT to seek early hearing on JAL insolvency plea
π Realty lenders stare at bailouts, deep haircuts amid liquidity crisis
π RBI may cut rates by another 25 bps in 2019: Fitch Ratings
π India says UAE assures supply of oil, LPG despite tanker attacks
π Govt may sell stake in some weak PSU banks.
*Economic Times*
π GSP withdrawal by US may moderately hit gem and jewellery exports: Crisil
π Alibaba proposes one-to-eight stock split ahead of up to $20 bn HK listing
π Top pvt sector banks cut interest rates on deposits by up to 0.25%
π Amazon India most attractive employer brand, Microsoft India 2nd: Survey
π Biocon board approves sale of branded formulations business to subsidiary
π Impose green cess on polluting vehicles to support EVs: SMEV
π Ramco Cements targets 20 million tonnes capacity by 2020
*Business Standard*
π Govt aims to improve fuel access; petrol, diesel to be sold in supermarkets
π HDFC Mutual Fund takes Rs 500 crore of Essel group exposures on books
π IndiGo moves away from Pratt & Whitney, places $20-bn order for CFM engines
π India Inc's advance tax mop-up surges 171% in Q1, Mumbai collection up 133%
π Scooter sharing startup Bounce's valuation crosses $220 mn with new funding
π SBI plans to mop up Rs 5,000-crore debt capital via tier-II bonds
π NHPC to cancel 2520 Mw bids under power purchase agreement over high tariff
π Over and out for Jet Airways as lenders start bankruptcy proceedings
*Financial Express*
π Claims against Reliance Communications swell to Rs 57,382 cr; Reliance ADAG companies among claimants
π Study estimates PM-Aasha cost at Rs 3.84 lakh crore
π BPCLβs investment plan for Mozambique gas field gets governmentβs approval
π Indiaβs commercial realty raked in $2.6 billion cross border investments in Q1 OF 2019
π Life insurance: Premium collections of private life insurers up 27 pct
π Surat textile weavers urge government to expedite TUFS scheme
π Piyush Goyal holds meeting with stakeholders on e-commerce, data localisation
*Mint*
π Sothebyβs sold for $3.7 billion to media titan Patrick Drahi
π FMCG firms may see pick-up in demand later this year: Report
π Essel Infra to sell solar assets to Adani Groupβfor up to βΉ2,000 crore
π Bounce raises $72 mn led by B Capital Group, Falcon Edge Capital
π Singaporeβs GIC eyes up to $1 billion investment in Indian road assets
π ICICI Bank moves NCLAT to seek early hearing on JAL insolvency plea
π Realty lenders stare at bailouts, deep haircuts amid liquidity crisis
π RBI may cut rates by another 25 bps in 2019: Fitch Ratings
π India says UAE assures supply of oil, LPG despite tanker attacks
π Govt may sell stake in some weak PSU banks.
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