Tuesday 12 May 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Business Standard

Ø E-commerce policy put on hold

Ø China threatens 'countermeasures' against US

Ø Media, entertainment sector revenue could take 16% hit

Ø No increase in lease rent of SEZ units for 2020-21

Ø ONGC losses on gas business to widen to Rs 6,000 cr

Ø Life insurers’ business performance dips in April

Ø Economy requires Rs 4.5 lakh crore fiscal support at current juncture: Ficci to FM



Ø Govt changes tack with plans for bigger stimulus rivaling G-20 peers

Ø After Franklin fiasco, unlisted debt securities come under Sebi scrutiny

Ø Worst yet to come: Fed official after US loses 20.5 mn jobs due to Covid-19

Ø Tata Power SED bags Rs 1,200 cr deal to modernise 37 military airfields

Ø Adani drops out of Snowman acquisition as Covid shrinks industry valuation

Business Line



Mint

Ø ‘Economic activities to gather steam in coming days’

Ø Indian power sector adds more new capacity in FY20 vis-à-vis FY19

Ø Gujarat amends APMC Act by promulgating Ordinance

Ø IndianOil raises refinery operations to 60 per cent of design capacity

Ø Piramal Enterprises posts net loss of Rs 1,702.6 crore in Q4



Ø India to further open up economy with focused steps to contain pandemic

Ø Jio's ₹70,000-crore capital raising may help RIL's mega rights issue

Ø Tata Power dropped moratorium plea, now repaying debt as agreed: CFO

Ø Yield on 10-year bond settles higher on increased government borrowing

Financial Express



Deccan Chronicle

Ø Extra borrowing: FY21 fiscal deficit likely at 5.8%, growth to slip to 0.5% says report

Ø US economy will bounce back despite getting ‘biggest negative shock’: White House officials

Ø Saudi Arabia triples taxes, cuts $26 billion in costs amid coronavirus pandemic



Ø CII seeks Rs 15 lakh crore as immediate stimulus package

Ø PNB scam: Nirav Modi's extradition trial to begin in UK over money laundering case

Ø FM Nirmala Sitharaman postpones meet with PSB chiefs to later this week
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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...