Today's Headlines from www:
*Economic Times*
π HDFC Bank doubles mid-corporate loan book to over Rs 90,000 crore in 3 years
π CBDT launches one-time facility for compounding of income tax offences
π DRDO test-fires indigenous anti-tank missile
π NPCI clears GST sops for UPI QR code payments
π India's fuel demand rises 2.8% y/y in August, at 9-month low
π ONGC to invest Rs 13,000 crore in Assam to drill over 220 wells
π JSW Steel reports 13% drop in crude steel production in August 2019
*Business Standard*
π Ruias set to win back control of Mahan Power as ArcelorMittal bid falters
π Rating for Srei Infra Finance downgraded for debentures from AA to A+
π PE investors make a beeline for start-ups to generate higher returns
π BSNL's revival bet depends on monetising real estate worth Rs 75,000 crore
π Cadila Healthcare recovers on India, emerging market sales forecast
π Blackstone to invest Rs 15 bn in Allcargo unit to build warehouses in India
π Apple eyes top slot in premium smartphone market during festive sales
π Anil Ambani-led Reliance Nippon Offer for sale gets oversubscribed
π New fund offering of Sundaram Equity Fund garners Rs 358 crore
π India hopes to tap $1-billion of jewellery export opportunity to US
π Saudi Aramco gives nine banks top roles to lead world's biggest IPO: Report
*Financial Express*
π Adani Power gets relief for Lohara block cancellation
π MG Motor to spend Rs 2,000 crore on capex product development
π Honda Cars Indiaβs FY19 profit doubles on one-time tax gain of Rs 860 crore
π MSMEs running out of refinancing options as NBFs freeze LAP: Moodyβs
π SBI approves divestment of 3.5 pct stake in SBI Life via OFS; to raise Rs 2,695 crore
π CAI lowers export and import estimates for current session
π Amazon strengthens delivery ahead of festive season; doubles presence of partner network
*Mint*
π Azim Premji, group entities offload βΉ7,300 crore shares in buyback
π Ford Motor may sell Gujarat factory in emerging market strategy shift
π Chiratae eyes first close of $150 million for latest India-focused fund
π Apollo Hospitals' promoters to sell stake worth βΉ725 cr to pare debt
π Strides Pharma buys 70% stake in Switzerlandβs Fairmed Healthcare
π PNB, UBI and OBC form working groups to oversee merger process
π Warburg Pincus exits ICICI Lombard; sells remaining 2.7% stake for $194.5 mn
π Number of undernourished people rose by 45% in seven years: FAO
π WPP, InMobi partner to co-create marketing products with mobile-first approach
π 12 entities express interest to acquire Canara Bankβs stake in Can Fin Homes.
*Economic Times*
π HDFC Bank doubles mid-corporate loan book to over Rs 90,000 crore in 3 years
π CBDT launches one-time facility for compounding of income tax offences
π DRDO test-fires indigenous anti-tank missile
π NPCI clears GST sops for UPI QR code payments
π India's fuel demand rises 2.8% y/y in August, at 9-month low
π ONGC to invest Rs 13,000 crore in Assam to drill over 220 wells
π JSW Steel reports 13% drop in crude steel production in August 2019
*Business Standard*
π Ruias set to win back control of Mahan Power as ArcelorMittal bid falters
π Rating for Srei Infra Finance downgraded for debentures from AA to A+
π PE investors make a beeline for start-ups to generate higher returns
π BSNL's revival bet depends on monetising real estate worth Rs 75,000 crore
π Cadila Healthcare recovers on India, emerging market sales forecast
π Blackstone to invest Rs 15 bn in Allcargo unit to build warehouses in India
π Apple eyes top slot in premium smartphone market during festive sales
π Anil Ambani-led Reliance Nippon Offer for sale gets oversubscribed
π New fund offering of Sundaram Equity Fund garners Rs 358 crore
π India hopes to tap $1-billion of jewellery export opportunity to US
π Saudi Aramco gives nine banks top roles to lead world's biggest IPO: Report
*Financial Express*
π Adani Power gets relief for Lohara block cancellation
π MG Motor to spend Rs 2,000 crore on capex product development
π Honda Cars Indiaβs FY19 profit doubles on one-time tax gain of Rs 860 crore
π MSMEs running out of refinancing options as NBFs freeze LAP: Moodyβs
π SBI approves divestment of 3.5 pct stake in SBI Life via OFS; to raise Rs 2,695 crore
π CAI lowers export and import estimates for current session
π Amazon strengthens delivery ahead of festive season; doubles presence of partner network
*Mint*
π Azim Premji, group entities offload βΉ7,300 crore shares in buyback
π Ford Motor may sell Gujarat factory in emerging market strategy shift
π Chiratae eyes first close of $150 million for latest India-focused fund
π Apollo Hospitals' promoters to sell stake worth βΉ725 cr to pare debt
π Strides Pharma buys 70% stake in Switzerlandβs Fairmed Healthcare
π PNB, UBI and OBC form working groups to oversee merger process
π Warburg Pincus exits ICICI Lombard; sells remaining 2.7% stake for $194.5 mn
π Number of undernourished people rose by 45% in seven years: FAO
π WPP, InMobi partner to co-create marketing products with mobile-first approach
π 12 entities express interest to acquire Canara Bankβs stake in Can Fin Homes.
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