Wednesday 8 April 2020

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Sebi opens doors for Mauritius based funds to get preferential Cat I FPI license

Ø DHFL not to make any payment to lenders, bondholders

Ø Covid throws a wrench into India's disinvestment plans

Ø Covid can push informal sector workers into poverty

Ø Govt may need Rs 5L cr more to support economy: Garg

Ø UAE assures additional LPG supplies to meet demand

Ø Roundup: India eases curbs on the drug Trump wants





Ø Covid-19 impact: Indian economy likely to grow 2% in FY21, says Icra

Ø L&T wins 'large' contract from Indian Army for advanced IT-enabled network

Ø Uttam Galva defaults on Rs 664-cr loan; ArcelorMittal, SBI among creditors

Ø Total SA enters into a joint venture with Adani Green, invests Rs 3,707 cr

Ø Tata Power Solar bags 300 MW plant project from NTPC worth Rs 1,730 cr

Business Line



Mint

Ø JSW Energy gets CCI nod to acquire GMR Kamalanga Energy

Ø As crude prices plummet, India’s tanks are only half full

Ø PE investments slump 39% YoY in Q1 of 2020: Report

Ø Wipro to announce Q4 results on April 15

Ø Suzlon Energy’s total debt at Rs 14,262 cr

Ø Turbine maker Senvion to sell its Indian facility



Ø WeWork sues SoftBank after $3-bn tender offer falls through

Ø SBI cuts savings deposit rate to 2.75%, lowers MCLR by 35 bps

Ø India biggest producer of 'game-changer' hydroxychloroquine drug

Ø RBI widens states' overdraft facility

Financial Express



Deccan Chronicle

Ø EU to agree coronavirus economic rescue package but not ‘coronabonds’

Ø Commerce ministry creates online platform for issuance of ‘certificate of origin’ for exporters

Ø Cairn asks govt to revisit oil taxation regime; says funding new exploration difficult





Ø Sensex zooms 2,476 pts to reclaim 30K level; Nifty rallies 708 pts

Ø India drops anti-dumping probe against chemical imported from Saudi Arabia

Ø Railways asks cement firms to unload goods for supply of essentials
By: via @AlliesFin Serve T.ME/ALLiESFiN

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