Thursday, 27 June 2019

Current affair s on 27.06.2019

Today's Headlines from www:

*Economic Times*

📝 Amid NBFC crisis, HDFC Bank is planning $1.4 bn IPO of financial services unit

📝 Telecom FDI falls sharply to $2.66 billion in FY19 vs over $6.21 billion in FY18

📝 Govt can raise Rs 95,000 crore from infra bonds to boost growth: BofA

📝 Fed's Powell resists pressure for hefty rate cut, sends global stocks down

📝 Bajaj Allianz Life expects biz from pension to jump to 15-18% in FY'20

📝 Havells targets Rs 1,000 crore revenue from switchgears in three years

📝 Future Group diary JV targets Rs 6,000 crore topline in 5 years

📝 Ethanol-blending in petrol rises to record 6.2%

📝 NHB lowers refinance rates in order to transmit the policy rate cuts

*Business Standard*

📝 American investments worth trillions waiting for India, says Pompeo

📝 Coca-Cola in talks to pick stake in Cafe Coffee Day after pocketing Costa

📝 At 48.3% in 2018, corporate taxes in India among highest in the world

📝 Centre revives plan to float holding company for state-owned banks

📝 Electrosteel in expansion mode, eyes 10 mt capacity in 5-6 years

📝 DHFL promoters ready to sell controlling stake to global PE funds

📝 India taps EU to adopt bloc's security recommendations for 5G network

📝 Payments data must be stored in systems located in India, says RBI

📝 IndiaMart IPO subscribed 36 times; receives bids for 96.92 mn shares

📝 Godrej family hires top law firms to untangle land holdings worth Rs 20k-cr

*Financial Express*

📝 UCO Bank aims at recovering Rs 8,000 crore of bad loans this fiscal

📝 Income tax trouble for Cognizant; HC upholds Rs 2,500 crore demand

📝 Housing finance companies asked to raise capital adequacy to 15 %

📝 Oil ministry seeks Rs 33,000 crore more for subsidy payout

📝 NCLAT slams Amtek CoC for issuance of fresh information memorandum

📝 Realty sector sees $ 3.9-billion private equity inflows in first 6 months of 2019

📝 No proposal to close MTNL, BSNL; revival plan under preparation, says Ravi Shankar Prasad

📝 Flipkart to roll out reward system SuperCoins from July

*Mint*

📝 OYO warns of legal action against vested groups for tying to disrupt business

📝 HSBC issues notice to IL&FS arm seeking its dues

📝 Icra cuts long-term debt rating of Piramal Capital, Edelweiss firms by a notch

📝 US set to delay more China tariffs ahead of G20 summit

📝 Uber buys artificial intelligence firm to advance push on autonomous cars

📝 Falling LNG prices to revive prospects of stressed power units

📝 Canara Bank to raise ₹1,500 crore via bonds

📝 Over 6.84 lakh vacant posts in central government departments

📝 India's May steel exports drop to lowest in 3 years.

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