Tuesday, 18 June 2019

Current affair s on 18.06.2019

Today's Headlines from www:

*Economic Times*

πŸ“ GSP withdrawal by US may moderately hit gem and jewellery exports: Crisil

πŸ“ Alibaba proposes one-to-eight stock split ahead of up to $20 bn HK listing

πŸ“ Top pvt sector banks cut interest rates on deposits by up to 0.25%

πŸ“ Amazon India most attractive employer brand, Microsoft India 2nd: Survey

πŸ“ Biocon board approves sale of branded formulations business to subsidiary

πŸ“ Impose green cess on polluting vehicles to support EVs: SMEV

πŸ“ Ramco Cements targets 20 million tonnes capacity by 2020

*Business Standard*

πŸ“ Govt aims to improve fuel access; petrol, diesel to be sold in supermarkets

πŸ“ HDFC Mutual Fund takes Rs 500 crore of Essel group exposures on books

πŸ“ IndiGo moves away from Pratt & Whitney, places $20-bn order for CFM engines

πŸ“ India Inc's advance tax mop-up surges 171% in Q1, Mumbai collection up 133%

πŸ“ Scooter sharing startup Bounce's valuation crosses $220 mn with new funding

πŸ“ SBI plans to mop up Rs 5,000-crore debt capital via tier-II bonds

πŸ“ NHPC to cancel 2520 Mw bids under power purchase agreement over high tariff

πŸ“ Over and out for Jet Airways as lenders start bankruptcy proceedings

*Financial Express*

πŸ“ Claims against Reliance Communications swell to Rs 57,382 cr; Reliance ADAG companies among claimants

πŸ“ Study estimates PM-Aasha cost at Rs 3.84 lakh crore

πŸ“ BPCL’s investment plan for Mozambique gas field gets government’s approval

πŸ“ India’s commercial realty raked in $2.6 billion cross border investments in Q1 OF 2019

πŸ“ Life insurance: Premium collections of private life insurers up 27 pct

πŸ“ Surat textile weavers urge government to expedite TUFS scheme

πŸ“ Piyush Goyal holds meeting with stakeholders on e-commerce, data localisation

*Mint*

πŸ“ Sotheby’s sold for $3.7 billion to media titan Patrick Drahi

πŸ“ FMCG firms may see pick-up in demand later this year: Report

πŸ“ Essel Infra to sell solar assets to Adani Groupβ€Šfor up to β‚Ή2,000 crore

πŸ“ Bounce raises $72 mn led by B Capital Group, Falcon Edge Capital

πŸ“ Singapore’s GIC eyes up to $1 billion investment in Indian road assets

πŸ“ ICICI Bank moves NCLAT to seek early hearing on JAL insolvency plea

πŸ“ Realty lenders stare at bailouts, deep haircuts amid liquidity crisis

πŸ“ RBI may cut rates by another 25 bps in 2019: Fitch Ratings

πŸ“ India says UAE assures supply of oil, LPG despite tanker attacks

πŸ“ Govt may sell stake in some weak PSU banks.

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