Business Standard
Ø GDP growth down largely on low growth in mfg: Govt
Ø BSNL, MTNL won't be closed: Govt in Rajya Sabha
Ø US has approved purchases of Venezuelan oil: RIL
Ø Hero MotoCorp Q3 profit rises 14% to Rs 880 crore
Ø Deposit cover hike won't hit banks' balance-sheets: RBI
Ø Aircraft market: Airbus, Adani Defence join hands
Ø Adani group firm raises $1 billion via dollar bonds
Ø RBI policy: Repo rate unchanged at 5.15%; MPC retains accommodative stance
Ø Hero MotoCorp Q3 consolidated net profit rises 17% to Rs 905 crore
Ø ArcelorMittal makes $1.6 bn equity contribution for Essar Steel acquisition
Ø Aurobindo Pharma Q3 PBT rises 6% to Rs 942.8 cr; revenues up 11.9%
Ø NMDC's Q3 consolidated net profit declines 12.75% to Rs 1,375 crore
Ø DLF Q3 profit before tax rises 55% to Rs 368.6 cr; total income falls 36%
Business Line
Mint
Ø India Inc Q3 revenue growth slowest in sixteen quarters
Ø RBI estimates GDP to expand at 6% in FY21
Ø Total to invest $510 m for 50% stake in Adani’s solar biz
Ø ArcelorMittal reports $1.9-billion loss in December quarter on lower sales
Ø PM insists economy strong, no cause for despondence
Ø Emami sells cement unit to Nirma arm for ₹5,500 cr
Ø RBI decision to ease norms to repay project loans to bring relief to developers
Ø Sun Pharma Q3 profit down 26% at ₹914 crore as expenses rise
Ø DoT approves merger of Bharti Airtel, Tata Teleservices
Ø Lupin posts Rs835 crore loss in Oct-Dec on second Gavis impairment
Ø India needs to double credit growth to 15% to achieve $5 trn economy target
Financial Express
Deccan Chronicle
Ø India’s rice exports likely to dip by 18-20% in FY20: Report
Ø RBI announces incentive for lending to MSME, home, auto sectors
Ø RBI rules out printing more money to cover fiscal deficit
Ø India will now import oil from Russia; aims for price stability
Ø RBI has many other tools to revive growth, not just interest rates: Das
Ø Kia Motors denies move to shift unit out of Andhra Pradesh
Ø Our target is USD 5 billion of defence export in next five years: PM Modi
By: via @AlliesFin Serve T.ME/ALLiESFiN
