Today's Sector News - 16.10.2019: 09.00 Am
KEEP REFRESH FOR NEXT UPDATE
தினமும் வீட்டில் இருந்து பணம் சம்பாதியுங்கள் Click Here :- Register for Free Training
Whatsapp Number : 91-9094047040 / 91-9841986753
RUPEEDESK - SHARE MARKET TRAINING
* AVIATION: The GMR Group-run Delhi Airport has extended operations of TaxiBots, which allows aircraft to be carried to the runway and back without use of engine power, to Air India.
-Air India Assets Holding is planning to raise at least 10 bln rupees through the issuance of
government-guaranteed bonds maturing in 10 years and has invited bids for the same on Thursday.
* BANKING: The Reserve Bank of India has cancelled the certificate of registration of Meliora Asset Reconstruction Co.
-The central bank will offer on-tap authorisation for Bharat bill payment operating units, trade
receivables discounting systems, and white-label automated teller machines.
* COMMODITIES: New concepts should be considered to make coffee farmers stakeholders in the value chain, as this would benefit families of over 25 mln coffee growers across the globe, Commerce Minister Piyush Goyal said at the curtain raiser of the fifth World Coffee Conference and Expo, to be held in Bengaluru next year.
* ECONOMY: The Cabinet Committee of Economic Affairs has approved setting up of a consultative group for recommending central public sector enterprises and their subsidiaries or units for strategic divestment.
* POWER: NITI Aayog Chief Executive Officer Amitabh Kant has said that India, in its plans to facilitate electric mobility, will look to set up 3-4 "giga" manufacturing facilities to produce batteries for electric vehicles in the next three years.
* STEEL: The ministry of steel does not want the alloy to be covered under the Regional Comprehensive Economic Partnership, as exports of the domestic industry have been hit over the past few years because of demand moving to China, Japan, South Korea and Indonesia.
-The government has imposed an anti-dumping duty on the import of some flat-rolled steel products
from China, Vietnam, and South Korea for a period of six months.
-The committee of creditors of Essar Steel on Tuesday defended lower pay out to Standard Chartered
Bank despite it being a secured financial creditor, reasoning that its security was different and lower from other lenders of the debt-laden steel maker.
Our Blog Information Learning purpose only
(Paper Trading Practice for Currency, Equity, Commodity Segment)
Register For Free Equity Tips Trial: http://rupeedesk.in/rupeedeskfree-calls
