27 April: News Roundup

Please Share:: �� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��

��

-->

Business Standard

Ø  YES Bank Q4 profit jumps 29% YoY to Rs 1,179 cr

Ø  Axis Bank posts first-ever quarterly loss at Rs 2,188 crore

Ø  Mobile-Aadhaar linking: Telcos say obeyed DoT orders

Ø  Biocon posts marginal 2% growth in net for Q4FY18

Ø  CBI books ex-Aircel promoter's firms in Rs 600 cr fraud

Ø  Infosys may hire more than 2000 at Indiana hub: Report



Ø  Downtrend in raw jute output takes sheen off MSP hike

Ø  Essar Steel: Numetal moves NCLAT ahead of bankers' meet on Friday

Ø  Lodha Developers to soon file papers with Sebi for IPO, to raise Rs 55 bn

Ø  Reliance Jio to hire about 80,000 people during this financial year

Ø  India to grow 7.2% this fisc, rising oil prices challenge: Deloitte

Business Line



Mint

Ø  China-India trade volume grows 15% in Q1

Ø  Cotton body sees a stable situation on higher stocks

Ø  Govt considering national policy for retail trade

Ø  Abbott withdraws one more stent from Indian market

Ø  UltraTech Cement net a tad down in March quarter

Ø  With 2.2 billion active users, Facebook Q1 profit rises 63%



Ø  Reliance Capital Q4 net profit up 36% at Rs428 crore

Ø  SBI Life Q4 profit up 13% to Rs381 crore

Ø  Dish TV’s Rs3,701 crore open offer to start on 5 June

Ø  Property prices drop by 7% in 9 cities in January-March: report

Ø  IMF estimates higher crude oil prices may not have any significant impact on India’s GDP

Financial Express



Financial Chronicle

Ø  Government to soon acquire RBI’s stake in National Housing Bank

Ø  ITC ties up with NITI to train 2 lakh farmers to increase income

Ø  Need for serious negotiations on US-India free trade agreement, say experts

Ø  Amazon India to expand storage capacity by 1.5 times this year

Ø   Mobile manufacturing to touch Rs 132,000 cr, says Ravi Shankar Prasad



Ø  Sensex zooms 212 pts, Nifty tops 10,600

Ø  MTNL wants govt to reimburse Rs 2,800cr interest on spectrum loan

Ø  Gems & jewellery exports fall 5% in FY18

Ø  Direct selling industry reports 24% sales rise

Ø  Govt non-committal on cutting fuel prices