Wednesday 27 May 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times



Business Standard

Ø Fitch projects Indian economy to contract 5% this fiscal

Ø GDP growth seen at 1.2% for Q4 FY20: SBI report

Ø 67% of 92 FPOs' biz hit due to COVID-19 lockdown

Ø Discoms to get interim relief from Rs 90K cr: IndRa

Ø States deficit jumps to 4.5 pc of GDP: Report

Ø India jobless rate continues to hover above 24%

Ø Firms may get input tax credit for masks, PPEs



Ø Reliance Power wins lawsuit challenging validity of arbitration award

Ø Govt to ask Central PSUs to ramp-up dividend payouts, share buybacks

Ø Revised inter-creditor pacts may do away with need for 66% lenders' nod

Ø PFC lends Rs 22,000 cr to Narmada Basin Projects for 225 Mw hydel project

Ø JSPL's Q4 consolidated profit at Rs 306 cr, cuts net debt by Rs 4,379 cr

Business Line



Mint

Ø India Ratings estimates States borrowings at ₹8.25-lakh cr in FY2020-21

Ø PSBs to provide emergency credit to MSMEs at 7.5% interest rate

Ø Resolution of stressed thermal power assets set to trip

Ø JK tyre rolls out its 20 millionth Truck/Bus Radial tyres

Ø Tata BlueScope launches smart steel structures to fight Covid-19



Ø Bharti Airtel promoter sells over $1 bn stake to Societe Generale, others

Ø Mukesh Ambani may consider overseas IPO for Jio Platforms

Ø Warner Music kicks off $1.8 billion Nasdaq IPO

Ø Reliance's rights issue subscribed 3.13% on Day 4

Ø Tech due diligence will be top priority for firms eyeing M&As

Financial Express



Deccan Chronicle

Ø India facing its worst recession in current fiscal, says Crisil

Ø SC issues notice to Centre, RBI on plea against interest on loans during moratorium

Ø Vedanta seeks shareholders nod for delisting; e-voting till June 24

Ø RBI to auction 84-day CMBs worth Rs 80,000 crore





Ø Singapore cuts GDP outlook again as virus batters economy

Ø India's Glenmark to test potential covid19 drug combination

Ø Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease
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