Today's Sector News - 27.08.2019: 09.00 Am

Today's Sector News - 27.08.2019: 09.00 Am
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* AUTOMOBILE: Hero Electric India has launched electric scooter 'Dash' starting at 62,000 rupees.

* AVIATION: Aviation safety regulator Directorate General of Civil Aviation has asked passengers not to fly with an older version of MacBook Pro laptop on grounds that the batteries posed a safety risk.

* BANKING: The Reserve Bank of India may allow promoters of small finance banks to offload their holding fully after five years of operation even as it is readying draft guidelines for offering fresh licenses to aspiring small-finance lenders.

* ECONOMY: Chief Economic Adviser K.V. Subramanian has said that the government will do whatever is needed to boost the economy and it is focused more on structural reforms.

* OIL AND GAS: Bidding in the fourth auction under the Open Acreage Licensing Policy will start today and close on Oct 31 for the seven oil and gas blocks on offer in this round, upstream hydrocarbon sector regulator Directorate General of Hydrocarbons announced on Twitter on Monday.

* TAXATION: The government has decided to extend the last date for filing the annual return form for 2017- 18 (Apr-Mar) under the goods and services tax to Nov 30.

* TELECOMMUNICATION: India will not compromise on security and data sovereignty, Minister of State for Communications Sanjay Shamrao Dhotre said on cyber spying issues related to Huawei Technologies Co.
- The Department of Telecommunications has invited bids from entities to conduct next electronic
auction for spectrum in various bands.

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