MORNING NEWS HEADLINES
30/12/2019

MORNING NEWS HEADLINES

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 MONEYCONTROL


• The board of Piramal Enterprises approved the issue of secured, rated, unlisted, redeemable non-convertible debentures (NCDs) aggregating up to Rs 2,750 crore on a private placement basis.


• Oricon Enterprises has prepaid the term loan of Rs 300 crore to Indiabulls Housing Finance.


• Urja Global's chief financial officer Sakshi Gupta resigned with effect from December 26, 2019.


• Cadila Healthcare has clarified it had no plans to sell two of its divisions.


• PI Industries has said lsagro (Asia) Agrochemicals Private Limited has become its wholly-owned subsidiary.


BUSINESS STANDARD


• FPIs remain net buyers in Dec; invest over Rs 2,600 cr in domestic mkts.


• Top 50 corporates reduce debt by about Rs 60,000 cr in first half of FY20.


• India's coal imports rise 4% to 161.43 MT in April-November 2019.


• Private equity investments surge to all-time high of $37 bn in 2019.

 

• Power discoms suffered losses worth Rs 27000 crore in FY19: Minister


FINANCIAL EXPRESS


• Attention! Airtel raises minimum recharge for prepaid users, check new prices here.


• Oil regulator PNGRB ropes in ICF for gas demand, infrastructure assessment.


• Economy likely to rebound in 2020 on back of government, RBI measures, says CII.


• eBkray: Sitharaman launches e-platform for sale of assets attached by PSU banks.


• The country’s foreign exchange reserves increased by USD 456 million to a fresh lifetime high of USD 454.948 billion in the week to December 20.

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Tags:Equity News, General News

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