Wednesday, 20 May 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times

Ø Govt measures unlikely to stimulate demand: Crisil

Ø Rural India to spur demand due to migration

Ø Google to invest in people and partnerships in India

Ø RBI may soften restructuring norms

Ø WTO: India pushes for building infra, digital skills

Ø Warren Buffett cuts crisis-era bet on Goldman Sachs

Ø Petrochem, Chemical imports may face 15% Covid tax

Ø RBI refuses a dozen licences to NBFCs with investments from Mauritius

Ø Tata Steel resumes talks with Germany's Thyssenkrupp for possible merger

Ø India's account surplus to touch $20 bn in FY21 due to Covid-19: Barclays

Ø Icra revises domestic steel industry outlook to negative from stable

Ø Nestle India's business loss could be more than 30%, says MD Narayanan

Ø 40% Indian tech startups have suspended work due to coronavirus: Nasscom

Ø Moratorium to strain NBFC liquidity even further, bad debts to rise

Mint

Ø Recovery in steel demand to be delayed on lockdown extension

Ø India resumes purchases of Malaysian palm oil

Ø EU raises restrictions on capsicum imports from India, Pakistan

Ø Tata Power posts over two-folds jump in Q4 net to Rs 475 crore

Ø Embassy REIT posts ₹462-crore Q4 operating income

Ø Apollo Tyres Q4 net profit down 7 per cent at ₹78 crore

Ø Bajaj Finance has 27% of loanbook under moratorium: MD Rajeev Jain

Ø Flipkart's limited ops negatively impacted international business: Walmart

Ø Ujjivan Small Finance Bank Q4 net rises 15% to ₹73.2 cr

Ø India’s power bailout depends on states clearing utility dues

Ø Power Grid to file draft papers for $1 bn InvIT

Ø Siemens AG sells 24% stake in Indian unit for ₹8,520 crore to group firm

Financial Express

Ø India adds 1,043 MW of wind and solar utility scale capacity in January-March: Report

Ø UP sugar industry seeks ‘preferential treatment’ for clearance of power dues

Ø IFSC bank units to report all OTC forex deals to CCIL platform from June 1: RBI

Ø NBFCs more at risk from COVID-19 than banks: Moody’s

Ø India will suffer worst recession since 1979: Goldman Sachs

Ø Nasdaq to tighten listing rules, restricting Chinese IPOs

Ø Fiat India Automobiles, Tata Motors JV plant resumes operations at Ranjangaon
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

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