Some important morning market glimpse on 19th May, 2019 across several business newspapers: –
Morning Market Glimpse – Economic Times – Business Standard
Ø South Korea to give $10 billion to India for infra
Ø China takes $40-bn rail route to put economy on track
Ø Essel, JA Solar JV to set up Rs 950 cr facility in India
Ø IMF says energy subsidized by $5.3 trillion worldwide
Ø Govt bonds over-subscribed; FIIs put in Rs 6,657-cr bids
Ø Finance Ministry expects rating upgrade by year-end
Ø Tata Motors to roll out all-new GenX Nano; car to be priced at Rs 2.2-2.9 lakh
Ø Tata Steel may sell UK plant for a token amount
Ø India, South Korea sign seven agreements
Ø SpiceJet in talks with banks, PE firms to raise Rs 900 crore
Ø No investor in insurance company can hold more than 10% of equity capital: IRDAI
Ø Govt mulls linking DBT schemes to one account
Ø FIPB to consider Kotak Bank’s FDI proposal on May 28
Morning Market Glimpse – Business Line – Mint
Ø Sterlite Tech to spin off power biz into unlisted firm
Ø Lupin gets more time to set up unit at Nagpur Special Economic Zone
Ø Vijay Khetan Group to pay ₹90 cr for distressed land parcel in Mumbai 25
Ø Russia’s Rosneft seeks to raise $200 bn
Ø NIIT Tech picks 51% stake in Incessant Tech
Ø Opening up capital account may be inescapable: RBI official
Ø Power Grid gets shareholders nod to raise Rs13,000 cr in FY16
Ø Sebi plans further easing of listing norms for start-ups
Ø L&T Infotech considering acquisitions ahead of IPO
Ø JSW Steel feels the pinch from declining steel prices
Ø Coal India may drop plans to expand into power generation
Morning Market Glimpse – Financial Express – Financial Chronicle
Ø Company sponsored foreign trip may not need disclosure in revised ITR
Ø ‘Sell’ rating on HUL: Rally may end in de-rating
Ø NSE corners 80% share in FII inflows into equities
Ø Rs 11k-cr loan to Reliance Infra discoms could be in jeopardy
Ø 10-year benchmark govt security rises on rate cut hope
Ø Techno Electric arm sells wind power assets
Ø GMR Infra arm signs MoU with China’s GIIC
Ø Suzlon bags 98mw project in Telangana
Ø hah Committee to go into all legacy tax issues: Jaitley
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