EOD Update 20-02-2019

Reliance Group Shares Fall After Anil Ambani Found Guilty Of Contempt
The Supreme Court said that Anil Ambani will go to jail for three months if he doesn’t pay Rs 450 crore to Ericsson India within four weeks.

Prism Johnson rises 3% as co issues LoI to set up power generation system

19 PSBs write off loans worth Rs 41,000 crore in Q3FY19 : Report

Jaypee Infratech stock locked in upper circuit as JP Assoc offers to repay dues

India an investment priority for Saudi Aramco: CEO Amin Nasser

ED registers money-laundering case against former IL&FS top brass, raids company’s offices

Britain’s Lloyds Bank posts 24% profit rise, unveils $2.3 billion buyback
The bank posted net profits of 4.4 billion pounds for 2018, below expectations of 4.6 billion pounds

GST Council Defers Decision On Real Estate Tax

The GST Council has deferred a decision on tax rates on real estate and lottery till Sunday.

FDI Drops Nearly 7% To $33.5 Billion In April-December

Sectors such as services and computer software received the maximum foreign investment during the first nine months of the current financial year.

In Talks With Reliance Industries For Possible Investments: Saudi Aramco

Reliance Industries, controlled by Asia’s richest man Mukesh Ambani, plans to expand the capacity to 2 million bpd by 2030, according to plans shared with the government.

Dubai’s ENOC partners with Indian Oil to expand abroad
ENOC is wholly owned by the government of Dubai, an emirate in the UAE.

Government To Infuse Rs 48,239 Crore Into 12 State-Run Banks

The government in December had infused Rs 28,615 crore into seven public sector banks through recapitalisation bonds.

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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