Market Update on April 19, 2016


The Economic Times Update
India in grip of severe water crisis; government mulls making demand management a priority
http://m.economictimes.com/news/politics-and-nation/india-in-grip-of-severe-water-crisis-government-mulls-making-demand-management-a-priority/articleshow/51885918.cms
Silence of TCS management heightens growth uncertainty in the wake of fine slapped by US jury
http://m.economictimes.com/markets/stocks/news/silence-of-tcs-management-heightens-growth-uncertainty-in-the-wake-of-fine-slapped-by-us-jury/articleshow/51886477.cms
How Reliance Group Chairman Anil Ambani is readying his companies to target big-ticket defence projects
http://m.economictimes.com/news/defence/how-reliance-group-chairman-anil-ambani-is-readying-his-companies-to-target-big-ticket-defence-projects/articleshow/51886015.cms
State run banks, led by SBI, decide to freeze lending to Punjab government
http://m.economictimes.com/industry/banking/finance/banking/state-run-banks-led-by-sbi-decide-to-freeze-lending-to-punjab-government/articleshow/51885555.cms
E-commerce giant Flipkart to scale down contribution of WS Retail
http://m.economictimes.com/industry/services/retail/e-commerce-giant-flipkart-to-scale-down-contribution-of-ws-retail/articleshow/51885750.cms
Odd-Even: Companies like KPMG, Schneider, Microsoft encourage employees to work from home
http://m.economictimes.com/jobs/odd-even-companies-like-kpmg-schneider-microsoft-encourage-employees-to-work-from-home/articleshow/51886251.cms
Bill Campbell, mentor to Steve Jobs, other tech CEOs, dies
http://m.economictimes.com/news/international/business/bill-campbell-mentor-to-steve-jobs-other-tech-ceos-dies/articleshow/51886623.cms
Alcatel-Nokia merger will have minimal impact here: Sandeep Girotra
http://m.economictimes.com/opinion/interviews/alcatel-nokia-merger-will-have-minimal-impact-here-sandeep-girotra/articleshow/51886608.cms
Americans have least confidence in Donald Trump on economy: Poll
http://m.economictimes.com/news/international/world-news/americans-have-least-confidence-in-donald-trump-on-economy-poll/articleshow/51886418.cms

Business Standard Update
TCS beats the Street with strong numbers
http://wap.business-standard.com/article/companies/tcs-beats-the-street-with-strong-numbers-116041800755_1.html
Wholesale prices decline for 17th month, 0.85% in March
http://wap.business-standard.com/article/economy-policy/wholesale-prices-go-down-for-17th-straight-month-drop-0-85-in-march-116041800348_1.html
I-T dept proposes to simplify foreign tax credit norms
http://wap.business-standard.com/article/economy-policy/i-t-dept-proposes-to-simplify-foreign-tax-credit-norms-116041801181_1.html
Tata Motors to introduce driver-assistance tech
http://wap.business-standard.com/article/companies/tata-motors-to-introduce-driver-assistance-tech-116041900017_1.html
Disney's Jungle Book roars to Rs 100 crore in 10 days
http://wap.business-standard.com/article/companies/disney-s-jungle-book-roars-to-rs-100-crore-in-10-days-116041900016_1.html
Asian Paints: Volumes driven by strong distribution; low-end products
http://wap.business-standard.com/article/companies/asian-paints-volumes-driven-by-strong-distribution-low-end-products-116041900018_1.html
India's ad growth rate to be the fastest in 2016: Report
http://wap.business-standard.com/article/management/india-s-ad-growth-rate-to-be-the-fastest-in-2016-report-116041800979_1.html
CollegeDekho raises $2 mn from Man Capital
http://wap.business-standard.com/article/companies/collegedekho-raises-2-mn-from-man-capital-116041800627_1.html
Uber temporarily suspends surge pricing in Delhi
http://wap.business-standard.com/article/current-affairs/uber-temporarily-suspends-surge-pricing-in-delhi-116041800818_1.html
Tata Trusts, JISL collaborate for sustainable agribusiness
http://wap.business-standard.com/article/companies/tata-trusts-jisl-collaborate-for-sustainable-agribusiness-116041800785_1.html
Mint Update
Warrant issued for Vijay Mallya’s arrest in money laundering case
http://www.livemint.com/Politics/AsAfQIBswusj38RhALqtQM/Court-issues-nonbailable-warrant-against-Vijay-Mallya.html
India’s trade deficit at a record low of $5 billion in March
http://www.livemint.com/Politics/8qUZe5BwJiEEpJ4dxchSfM/Indias-March-trade-deficit-narrows-to-507-billion.html
Tata Steel reaches out to 190 investors for UK asset sale
http://www.livemint.com/Companies/8gfNEFHT1iazEr2XSQ6yBK/Tata-Steel-reaches-out-to-190-investors-for-UK-asset-sale.html
Uber temporarily suspends surge pricing in Delhi
http://www.livemint.com/Companies/oKt1DFlHiJYfHWVVhYqriP/Uber-temporarily-suspends-surge-pricing-in-Delhi.html
Janalakshmi Financial Services raises $150 million in primary funding
http://www.livemint.com/Companies/KZgXnXeOIRe4oYUymcZlDL/Small-finance-bank-licensee-Janalakshmi-raises-150-mn-in-ro.html
JK Tyre completes Rs2,195 crore Cavendish Industries acquisition
http://www.livemint.com/Companies/Dqzxj9ETcjdRNIXrp7PRBI/JK-Tyre-completes-Cavendish-Industries-acquisition-for-Rs21.html
Human resources in need of an overhaul
http://www.livemint.com/Industry/Wf2cagDyCUWIyAYP4HecxJ/Human-resources-in-need-of-an-overhaul.html
Price rise provides temporary relief to steel firms
http://www.livemint.com/Industry/lbtIaJmgfXwmPxsCXRWOSL/Price-rise-brings-temporary-relief-to-steel-firms.html
Realty firms likely to see muted sales, profits in March quarter
http://www.livemint.com/Companies/iL1sRR9PRU8ALDx9tuL1hN/Realty-firms-likely-to-see-muted-sales-profits-in-March-qua.html
Faltering ad revenue and traffic bring uncertainty to online news
http://www.livemint.com/Consumer/nIpv8uNYtN7XCoxZcvKzSL/Faltering-ad-revenue-and-traffic-bring-uncertainty-to-online.html
The Hindu Update

India-China military hotline likely
http://m.thehindu.com/news/international/india-china-a-whisker-away-from-setting-up-military-hotline/article8490372.ece
Indiscriminate use of groundwater, Latur’s bane
http://m.thehindu.com/news/national/indiscriminate-use-of-groundwater-laturs-bane/article8490893.ece
Services dominate in FDI inflows
http://m.thehindu.com/news/national/services-dominate-in-fdi-inflows/article8490667.ece

Exports shrink 16% to $261 bn
http://m.thehindu.com/business/exports-shrink-16-to-261-bn/article8490576.ece

Government clears 170 stalled investment projects
http://m.thehindu.com/business/Industry/government-clears-170-stalled-investment-projects/article8490574.ece
Centre may need Parliament nod for some PSU stake sales
http://m.thehindu.com/business/Industry/centre-may-need-parliament-nod-for-some-psu-stake-sales/article8490580.ece
Reliance Jio’s cable system starts after one-year delay
http://m.thehindu.com/business/Industry/reliance-jios-cable-system-starts-after-oneyear-delay/article8490579.ece
JK Tyre completes Rs.2,195 cr acquisition of Cavendish
http://m.thehindu.com/business/Industry/jk-tyre-completes-rs2195-cr-acquisition-of-cavendish/article8490583.ece
Tata Steel appoints CEO to expedite sale of U.K. business
http://m.thehindu.com/business/Industry/tata-steel-appoints-ceo-to-expedite-sale-of-uk-business/article8490584.ece
(One Source)

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