Friday 20 March 2020

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Virus-hit India mulls easier loan, tax rules

Ø Ambanis marginally increase stake in Reliance

Ø Govt working on financial package for virus-hit sectors

Ø 'Covid-19 outbreak to hit growth, widen fiscal deficit'

Ø L&T-run investment trust acquires 8 Sadbhav road projects

Ø DoT to get 20 year time for payment of AGR dues



Ø Ind-Ra revises rating watch on YES Bank to 'evolving' from 'negative'

Ø YES Bank gets Rs 60k-cr line of credit from RBI to resume operations

Ø Power demand shows signs of recovery as total generation rises by 11%

Ø 30.8 mn in tourism, hospitality may lose jobs because of coronavirus

Ø Dilip Buildcon bags Rs 860-crore road project in Chhattisgarh from NHAI

Business Line



Mint

Ø Covid-19 impact: Next quarter critical for oil industry

Ø Coronavirus impact: India’s fuel demand drops 11 per cent in March

Ø Dr Reddy’s launches naloxone hydrochloride injection in US

Ø Tata Power expands rooftop solar service to 90 cities

Ø Supreme Court ruling brings Vodafone Idea closer to insolvency: Bernstein



Ø Coronavirus: Govt caps prices of alcohols used in making hand sanitizers

Ø Anil Ambani meets ED officials on Reliance Group's exposure to Yes Bank

Ø Panel constituted to prescribe fresh fiscal consolidation road map for centre

Ø IndInfravit completes acquisition of Sadbhav’s road assets for ₹6,300 crore

Financial Express



Deccan Chronicle

Ø Govt eases import restrictions for certain chemicals, aviation gasoline

Ø Bid to soften blow: Govt, RBI in talks for relief to critical sectors

Ø Indian Bank NPA to rise, no change in board after merger with Allahabad Bank



Ø Sensex ends 581 points lower, Nifty at 8,263 as covid 19 cripples global businesses

Ø SEBI allows companies to report Q4, FY20 results by June 30

Ø Countries that shut down and do testing could bounce back in weeks: Bill Gates
By: via @AlliesFin Serve T.ME/ALLiESFiN

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...