Today's Sector News - 13.08.2019: 09.00 Am
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* ECONOMY: Finance Minister Nirmala Sitharaman on Friday discussed various issues with foreign portfolio investors, including the hike in surcharge on income tax.
* FINANCE: The National Company Law Tribunal on Friday rejected the plea of former auditors of IL&FS Financial Services that the tribunal does not have the jurisdiction to hear the government's petition to bar them from practice for five years.
- Kotak Investment Advisors said on Monday it has achieved the final close of the Kotak Special
Situations Fund with aggregate commitments of $1 bln.
* INFORMATION TECHNOLOGY: Denial of work visas to employees of Indian technology companies has risen to an all-time high, as per data from US-based National Foundation for American Policy.
* TELECOMMUNICATION: The Telecom Regulatory Authority of India on Friday sought views on a draft regulation for developing a common mobile application, or portal, which would allow customers to select their television channels across all distribution platforms.
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