*From the Business Media – 19 Apr 2021*
*Business Standard*
Ø Brokerages downgrade India’s GDP growth projections for FY’22 amid resurgence of Covid cases
Ø Expect Religare Finvest’s debt restructuring to be over in 2 months, says official
Ø India’s power consumption grows nearly 45% in first half of April
Ø COVID-19 hits passenger vehicle exports; shipments tumble 39% in FY21
Ø RCom lenders may challenge NCLAT order
Ø Govt bans supply of oxygen to industries
Ø Domestic steel output to take hit as plants divert oxygen for medical use
Ø India to become top electric vehicle maker in the world: Nitin Gadkari
Ø Future Retail lenders okay debt recast plan with repayment up to two years
Ø NBFCs seek extension of MSME restructuring scheme till March 2022
Ø Bank FDs in spotlight as returns of liquid funds hit two-decade low
*Mint*
Ø India can be winner of new form of globalisation: Experts
Ø SBI Caps to be transaction advisor for privatisation of JNPT’s container terminal
Ø BHEL to procure 300 products worth ₹3,000 cr from MSMEs
Ø China’s economic growth surged to 18.3% as activity revived
Ø Individual CAs/firms cannot retain two consecutive audit rotation cycles
Ø Commerce Min to meet exporters on Apr 20 to discuss export scenario
Ø Tata Steel, SAIL, AMNS India supplying oxygen for treatment of Covid-19 patients
Ø Jaypee Infratech insolvency: Lenders ask NBCC, Suraksha group to improve bid
Ø Razorpay’s valuation triples in six months on latest fundraise
Ø Bitcoin suffers big fall, down most in more than seven weeks
*Business World*
Ø Exports by STPI units seen at Rs 5 lakh cr in pandemic-hit FY21 amid rapid digitisation
Ø India takes ‘Whole-of-Government’ Approach against COVID-19
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