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Daily Update 19-June-2017

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Good Morning Everyone
Have a Good Day to all of you 🌹 🌹 🌹 🌹
Daily Update
19-June-2017

Economic Times
• Telecom may leave a hole in non-tax revenue kitty
• E-retailers clearing up stocks via pre-GST sales
• BMW India grows 8% in 2017, to invest Rs 125 crore
• GA in talks to buy 74% stake in Karvy Computershare
• Sebi may make acquisition of distressed assets stress-free
• Over 50 global retailers to enter India in 6 mths, likely to open about 3,000 stores
• Centre removes interstate supply charges on solar power projects till December 2019

Business Standard
• In Brexit boost, Jaguar Land Rover to hire 5,000 staff
• DoT asks FinMin to slash telecom revenue target by 40%
• Big NPAs offer insolvency professionals a Rs 2,500-cr biz prospect
• Bankers' meet from Monday to decide on 12 large defaulters RBI named
• From Infosys to BAT: Firms wake up to flip side of social media
Mint
• GST rollout from 1 July, firms get extra time to file returns
• Markets regulator likely to relax promoter norms
• IndusInd Bank sells Vasan loans to Edelweiss
• Killing of GJM workers draws hill tribals closer to Gorkhaland stir - Rajnath urges protesters to hold talks and not resort to violence; also speaks to CM Mamata Banerjee
• Sena willing to support NDA’s nominee for Presidential poll.
Regards,
Ujjwal Thakur
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