Thursday, 1 August 2019

Current affair s on 01.08.2019

Today's Headlines from www;

*Economic Times*

📝 Ray-Ban maker sets sights on retail dominance with $8 billion GrandVision deal

📝 PM Narendra Modi asks officials to remove hurdles in 'Housing for All by 2022' mission

📝 Trent Q1 profit at Rs 36 crore

📝 Angel Broking receives Sebi nod for Rs 600 crore IPO

📝 Government receipts only 14% of full year target in April-June quarter

📝 Vedanta contributes 0.40% to India GDP, says study

📝 JSPL completes Rs 732 cr order to supply long rails to Indian Railways

📝 Blackstone acquires 6% in Future Lifestyle for Rs 545 crore

*Business Standard*

📝 Govt softens stance on time frame for transition to electronic vehicles

📝 Apple clocks double-digit revenue growth in India; iPhone shipment up 19%

📝 After Canada's Cirque du Soliel, BookMyShow to bring NBA to India

📝 79% CEOs see growth prospects for Indian economy in 2019: KPMG Report

📝 Banking on Phase 5 project, DLF provides sales guidance of Rs 2,700 cr

📝 Indian Oil Q1 net profit drops 47% to Rs 3737 cr on lower refining margins

📝 Core sector growth at 50-month low in June; 4 out of 8 sectors contract

📝 At $2.73 trn, India's economy pushed to 7th spot; UK, France march ahead

📝 April-June fiscal deficit hits 61.4% of FY target; touches Rs 4.32 trn mark

📝 HDFC reduces prime lending rates on home loans by 10 bps from August 1

*Financial Express*

📝 Funding down by over 30 pct: IL&FS, NBFC crises drag down realty

📝 Jaypee Infra CoC to discuss fresh bids on August 5

📝 Tractor sales fall 14 pct in April-June quarter

📝 Ashok Leyland Q1 profit dips 45 pct on poor sales

📝 Apollo Tyres Q1 net profit declines 44 pct to Rs 142 crore

📝 Warburg Pincus acquires controlling stake in Avanse Financial Services

📝 Allahabad Bank returns to profit as provisions fall

📝 Non-food credit increases 12.05 pct to Rs 95.90 lakh crore

📝 DHFL exits AMC business, concludes stake sale in two subsidiaries to joint venture partner

📝 Spandana Sphoorty to raise Rs 400 crore from IPO, Rs 800 through OFS

📝 Motilal Oswal Q1 profit rises, 25% to Rs 129 crore

📝 Banks plan uniform lending policy in jewellery sector

*Mint*

📝 Cabinet approves bill to prohibit all unregulated deposit schemes

📝 US Fed cuts key policy rate by 25 bps, the first reduction in more than a decade

📝 Jio poised to overtake Airtel as nation’s No. 1 telco by revenue

📝 Eicher Motors Q1 net dips 22% to ₹452 crore

📝 Tata Global Beverages Q1 net profit rises 10% to ₹141.68 crore

📝 Auto makers cut production by 11% in Q1 amid falling sales: Report

📝 Airfares to increase 5%, hotel rates 6.8% in 2020: Report

📝 Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

📝 Sales productivity firm Vymo raises funds from Emergence, Sequoia

📝 Flipkart launches ‘Samarth’ to empower Indian artisans, weavers and craftsmen.

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