Thursday, 1 August 2019

Current affair s on 01.08.2019

Today's Headlines from www;

*Economic Times*

πŸ“ Ray-Ban maker sets sights on retail dominance with $8 billion GrandVision deal

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

πŸ“ Trent Q1 profit at Rs 36 crore

πŸ“ Angel Broking receives Sebi nod for Rs 600 crore IPO

πŸ“ Government receipts only 14% of full year target in April-June quarter

πŸ“ Vedanta contributes 0.40% to India GDP, says study

πŸ“ JSPL completes Rs 732 cr order to supply long rails to Indian Railways

πŸ“ Blackstone acquires 6% in Future Lifestyle for Rs 545 crore

*Business Standard*

πŸ“ Govt softens stance on time frame for transition to electronic vehicles

πŸ“ Apple clocks double-digit revenue growth in India; iPhone shipment up 19%

πŸ“ After Canada's Cirque du Soliel, BookMyShow to bring NBA to India

πŸ“ 79% CEOs see growth prospects for Indian economy in 2019: KPMG Report

πŸ“ Banking on Phase 5 project, DLF provides sales guidance of Rs 2,700 cr

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

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

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

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

πŸ“ HDFC reduces prime lending rates on home loans by 10 bps from August 1

*Financial Express*

πŸ“ Funding down by over 30 pct: IL&FS, NBFC crises drag down realty

πŸ“ Jaypee Infra CoC to discuss fresh bids on August 5

πŸ“ Tractor sales fall 14 pct in April-June quarter

πŸ“ Ashok Leyland Q1 profit dips 45 pct on poor sales

πŸ“ Apollo Tyres Q1 net profit declines 44 pct to Rs 142 crore

πŸ“ Warburg Pincus acquires controlling stake in Avanse Financial Services

πŸ“ Allahabad Bank returns to profit as provisions fall

πŸ“ Non-food credit increases 12.05 pct to Rs 95.90 lakh crore

πŸ“ DHFL exits AMC business, concludes stake sale in two subsidiaries to joint venture partner

πŸ“ Spandana Sphoorty to raise Rs 400 crore from IPO, Rs 800 through OFS

πŸ“ Motilal Oswal Q1 profit rises, 25% to Rs 129 crore

πŸ“ Banks plan uniform lending policy in jewellery sector

*Mint*

πŸ“ Cabinet approves bill to prohibit all unregulated deposit schemes

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

πŸ“ Jio poised to overtake Airtel as nation’s No. 1 telco by revenue

πŸ“ Eicher Motors Q1 net dips 22% to β‚Ή452 crore

πŸ“ Tata Global Beverages Q1 net profit rises 10% to β‚Ή141.68 crore

πŸ“ Auto makers cut production by 11% in Q1 amid falling sales: Report

πŸ“ Airfares to increase 5%, hotel rates 6.8% in 2020: Report

πŸ“ Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for β‚Ή4,224 cr

πŸ“ Sales productivity firm Vymo raises funds from Emergence, Sequoia

πŸ“ Flipkart launches β€˜Samarth’ to empower Indian artisans, weavers and craftsmen.

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