Welcome to LACMA...... 14.12.2019 : Demise of Industry Legend Shri G A Rao Sir 25.05.2017 : Daily News Updates 1 25.05.2017 : Daily News Updates 2

Demise of Industry Legend Shri G A Rao Sir

Even the brightest light must ultimately dim.

After an incredible journey of 86 years, we are filled with grief to announce that Mr. G. Aravinda Rao has left for his final journey at 6 pm on 13 Dec, 2019.

His mortal remains will lie at -

1002 , Violette Valley, junction of 26th and 30th road, near St Theresa's school, Bandra west, Mumbai,
from 11 am to 2 pm to allow for paying of last respects.

Prayer/ condolence meet will be held at VITHAL RUKUMAI  DAHISAR temple 2nd floor on Tuesday 17th between 5 and 7 evening.

Daily News Updates 1

Economic Times


Business Standard

Ø  Union Cabinet scraps 25-year old FIPB

Ø  State oil cos like ONGC, GAIL plan Rs 87K-cr capex

Ø  Moody's downgrades China's rating in 30 years

Ø  RBI may have Dy Guv from pvt sector for first time

Ø  Govt nod to public procurement policy for local goods

Ø  Govt hikes sugarcane FRP by 11% for 2017-18 

Ø  China cracks down on top brokerages in clean-up effort

Daily News Updates 2

Ø  UN, WB to enjoy tax exemptions

Ø  Make in India gets sourcing push from govt

Ø  India cancels 13 Gw coal-based plants; sign of energy transformation: Study

Ø  PSBs gain approval to raise capital but investors unsure, says report

Ø  IFC to invest up to $40 mn in Kedaara Capital's 2nd cap fund

Ø  ArcelorMittal agrees on concessions to seal Rs 5,800-cr JV with SAIL

Business Line



Ø  Reliance Infra InvIT gets SEBI nod; IPO in 2 weeks

Ø  I-T unearths 400 benami deals, attaches Rs. 600-cr properties

Daily News Updates 3

Ø  Strides Shasun gets US FDA nod for dementia drug

Ø  BSNL offers satellite phone service to government agencies

Ø  Lupin Q4 net profit dips 49.61% to Rs. 380.21 cr 

Ø  Bharat Forge Q4 net profit rises 25% to over Rs. 207 cr


Ø  HCL Tech to buy back shares at 17% premium for Rs3,500 crore

Ø  Azim Premji fund seeks clarity on Snapdeal sale in letter to board: report

Ø  Tata Power needs to shed asset overload to drive growth

Ø  General Motors India starts discussions with dealers for transition plan

Financial Express


Financial Chronicle

Daily News Updates 4

Ø  NSE asks brokers to have in place insurance cover for FY18

Ø  COAI moves Supreme Court against Rajasthan government order on removal of cell towers

Ø  CREDAI seeks abolition of stamp duty on landed property

Ø  NHPC working on five hydro power plants in Pithoragarh


Ø  Sebi to examine Deloitte’s audit on NSE’s co-location facility

Ø  NPA ordinance: PMO tracking RBI progress

Ø  Equity market boom drags down commodity futures

Ø  Job growth slows, pet schemes yet to build up steam

Ø  GST:?Industry seeks early relaxation of penalties

Best regards.TEAM LACMA