Wednesday 11 March 2020

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Business Standard :*


Ø Saudi, Russia raise stakes in oil standoff

Ø RBI to submit Yes Bank revival plan to cabinet soon

Ø India calls US move on duty probe relaxation unfair

Ø Maha Govt tells depts not to park money in private banks

Ø ITC to pace up product rollouts amid slowdown

Ø Mukesh Ambani no more Asia's richest man as recent oil slide erodes wealth

Ø Trump calls US Fed 'slow moving' and 'pathetic', calls for further rate cut

Ø USFDA accepts Biocon-Mylan's Avastin biosimilar application for review

Ø Falling crude oil price brings good tidings for India's FMCG sector

Financial Express



*Mint :*


Ø RBI gets bids worth Rs 48,856 crore for Rs 25,000 crore LTRO

Ø India’s Mphasis wins partnership certification on Amazon Web Services

Ø TCS declares Rs 12 per share interim dividend

Ø FM Nirmala Sitharaman to meet heads of merging banks on Thursday

Ø Cairn expects arbitration award in retro tax case by this summer

Ø NPCI says minimal disruption to UPI due to Yes Bank's fall

Ø India 2019 thermal coal imports rise 12.6% to nearly 200 million tonnes

Ø Net inflows in equity MFs hit 11-month high, gold ETFs see 7 fold jump

Ø Jet Airways' creditors to meet on Thursday

Ø Oil jumps 10% after rout on stimulus hopes, Russian signal on OPEC talks

Ø Oil lobbyists call on Trump to buy the dip for strategic reserve

Business Line



*Deccan Chronicle :*


Ø Even amid slowdown, India presents huge growth: CEO, Global Victoria

Ø Global corporate earnings to drop 10% in 2020: Citigroup

Ø UNCTAD warns of recessionary conditions as global economic growth seen falling below 2.5%

Ø Two Indian companies in race for vaccine against Covid-1

Ø Moody's Investors Service cut its growth forecast for India to 5.3 per cent

Ø Yes Bank won't be merged with SBI: Prashant Kumar
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...