Saturday, 17 August 2019

Current affairs on 17.08.2019

Today's Headlines from www:

*Economic Times*

📝 V-Bazaar aims Rs 750 cr turnover by 2021, to have 120 stores

📝 Fitch downgrades Lodha bonds worth $325 million

📝 YES Bank raises Rs 1,930 cr via QIP; CEO Ravneet Gill says funds to be used for growth

📝 IIT Madras working on tech to produce power from estuaries

📝 Sembcorp commissions 200 MW wind power project in Bhuj, sees rise in profitability

📝 NMDC iron ore prices remain flat in Aug; output jumps 37% in July

📝 Sundaram-Clayton, Hero MotoCorp announce temporary production shut down

 📝 India needs $500-700 billion in renewable energy: IEEFA

*Business Standard*

📝 ED unearths $400-million fund diversion at Religare Enterprises

📝 Jet Airways creditors' claims balloon to Rs 30,558 cr as revival hopes fade

📝 PSBs may ease credit access to automobile dealers to boost sales

📝 State-run oil firms to deliver petrol at doorstep, expand diesel service

📝 Govt to tighten noose on Chinese e-commerce players evading duties

📝 Amtek Auto heads for liquidation; NCLAT clears the way for the process

📝 Govt adopts a new approach to bring reforms in public sector banks

📝 Fitch too downgrades Macrotech Developers on low liquidity concerns

*Financial Express*

📝 Top executives of Apple, Samsung, Xiaomi to meet government on August 19

📝 NBFC liquidity crunch to hit realty developers hardest

📝 Delay in DHFL’s submission of unaudited Q1 results

📝 IFIN drags SKIL infra to NCLT

📝 Monsoon rage grounds CIAL’s business by Rs 70 crore

📝 Sun Pharma gives licence to CMS for commercialization of 7 generic products in China

📝 Economic slowdown: Govt weighs fiscal stimulus; package soon for companies, exporters

*Mint*

📝 Sembcorp invests ₹521 crore in Indian renewable business

📝 IPOs likely to dry up as uncertainty rules Indian equity market

📝 SpiceJet to launch 12 new domestic flights from October

📝 Rupee settles 13 paise up at 71.14 against dollar despite outflows

📝 Ujjivan Small Finance Bank files draft papers for ₹1,200 crore IPO

📝 NBCC not to invest any money in Amrapali stalled projects

📝 India's forex reserves at new life-time high of $430.57 bn: RBI data

📝 Fitch Ratings raises Reliance's outlook to positive

📝 TRAI seeks relook at caps on channel discounts

📝 RBI to cut interest rates by 40 basis points before this fiscal-end: Fitch

📝 OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus.

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