EOD update 20-04-2019

Jet Crisis: Trying To Minimise Passenger Inconvenience, Says Official

The public sector carrier, Air India, has already introduced special fares for the passengers hit by the current disruption

Reliance Retail Q4 revenue up 51.6% YoY; company now biggest Indian retailer with 10,000 stores

I-T dept proposes new norms for taxing MNCs in India

Air India offers special fares to Jet Airways stranded international passengers

Jet Airways Crisis: Government Asks Airlines To Advance Fleet Induction

Civil Aviation Secretary Pradeep Singh Kharola said the reallocation will be done in “a very rational, transparent, fair and equitable manner”.

HDFC Mutual Fund marks down Hazaribagh papers by 12%

The 10-year benchmark bond yield ended at 7.56 per cent on Thursday.

Finolex family dispute escalates amid several counter-allegations

ICICI Lombard Q4 net profit rises 7.5% to Rs 228 crore

ICICI Lombard Standalone March 2019 Net Sales at Rs 407.39 crore, up 26.34% Y-o-Y

Jay BharatMarut Standalone March 2019 Net Sales at Rs 480.31 crore, down 0.02% Y-o-Y

Samsung Rapped For Not Passing GST Benefits To Consumers: Report

In December, the GST Council reduced the tax rate on televisions with screen sizes of up to 32 inches to 18 per cent from 28 per cent, which came into effect on January 1, 2019.

Lenders Explore Ways To Utilise 15 Jet Airways Aircraft

A consortium of seven domestic lenders led by State Bank of India (SBI) has invited bids from potential suitors. Their debt exposure to the airline is more than Rs 8,500 crore.

Lenders Invoke IBC Norms To Keep Stressed Assets In Tribunal: Report

With relation to Avantha Power (Jhabua) an Rs 100 crore settlement for PFC got stalled after one of the operational creditors took the asset to NCLT.

Reliance to start gas production from R-Cluster in 2nd half of FY21

Mallya Accuses SBI Of Wasting Indian Taxpayers’ Money On UK Legal Fees

Vijay Mallya issued a string of statements on Twitter to allege that the SBI led consortium of PSU banks were wrongly going after him in the UK courts.

Reliance Says Not Violated US Sanctions On Venezuela

Reliance said that the oil is bought at market prices and payments by Reliance for such supplies are settled in cash or by-product supply bilaterally between Reliance and the sellers.

HDFC Bank reports Q4 net profit at Rs 5,885.1cr

HDFC Bank’s Q4 profit and net interest income increase by over 20% each from the same quarter last year.

HDFC Bank’s Q4 profit jumps 23%, beats Street estimate; bad loan provision grows to Rs 1,889 cr

SpiceJet to give hiring preference to employees of Jet: Chairman
JET AIRWAYS-JOBS/India’s SpiceJet to give hiring preference to employees of Jet Airways – Chairman

Jet Airways’ Employees Seek President’s Intervention For Salary Dues

Amid uncertainty over the future course of the carrier, two employees” unions have now written to the President and the Prime Minister.

EC orders Eros Now to take down web series on Narendra Modi
In its direction, the poll panel has cited its April 10 order, banning a biopic on Modi, to place a similar bar on the web series titled “Modi – Journey of a Common Man”.

Government Extends Deadline For Filing GST Sales Return For March

“Due date for filing GSTR-3B for the tax period March 2019 has been extended to April 23, 2019,” a ticker on GST portal ‘gst.gov.in” said.

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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