Thursday, 12 March 2020

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Business Standard :*


Ø Falling crude to lower CAD by 25 bps to 0.7% in FY21

Ø Biocon, Mylan win US court ruling on insulin Glargine

Ø SBI suggests a formula to lift economic growth

Ø Customers deposits safe: RBI-appointed admin

Ø Hindalco's Novelis closer to acquiring Aleris

Ø AGR dues: Govt asks telcos to make full payment

Ø Tesla China downgrades Model 3 vehicles

Ø SBI pares savings account interest rate to 3%, scraps minimum balance fine

Ø YES Bank account holders won't be allotted shares in SBI Card IPO: sources

Ø Bank of England cuts interest rates by 0.5% to 0.25% to bolster economy

Ø Sovereign wealth funds may cut down India play as oil prices drop

Ø Banks at risk of losing billions of dollars in fee-based revenues: Study

Financial Express



*Mint :*


Ø GST on cellphones, footwear, textiles to be rationalised on March 14

Ø Sunil Mittal asserts Airtel has paid full AGR dues at about Rs 13,000 crore

Ø Tata Power holds Mundra UMPP shut-down till March 20

Ø Essar to further cut down debt by 70% in last leg of deleveraging exercise

Ø SEA urges policymakers to allow export of rapeseed/mustard oil in bulk

Ø January-March quarterly profit to be hit by coronavirus outbreak: Indigo

Ø ICAI to review books of Yes Bank for FY18, FY19

Ø Of ₹30K cr loan sanctioned by Rana Kapoor, ₹ 20K cr turned NPA: ED to court

Ø Yes Bank users can make ₹2 lakh payment towards EMIs via other banks

Ø Oil’s biggest crash in a generation has silver lining for miners

Business Line



*Deccan Chronicle :*


Ø Adani Enterprises wins NHAI project

Ø PNC Infratech bags ₹3,582-cr order

Ø Huawei granted another 45 days to do business with US companies

Ø Reliance Group has no exposure in YES Bank: Anil Ambani

Ø JSW registers 5% growth in crude steel production in Feb

Ø RBL assures its financial health after Yes Bank crisis

Ø Tata Steel mulls job cuts over challenging circumstances in Europe
By: via @AlliesFin Serve T.ME/ALLiESFiN

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Fund Houses Recommendations Citi on Reliance Ind: Upgrade to Outperform on Company, target price at Rs 1530/Sh (Positive) Jefferies on M...