Business Standard :
Ø SoftBank-Bharti JV eyes up to $750 million fund-raise
Ø NPAs to soar by up to 600 bps in 2 yrs: Fitch
Ø Projects worth Rs 21 lakh cr at a standstill in red zone
Ø Q4 GDP growth likely to be at 3.6%: Care Ratings
Ø China, India soak up oil from floating storage
Ø Abu Dhabi state fund may invest $1 bn in Jio: Sources
Ø Government frees exports of Paracetamol APIs
Ø PNB Housing Finance takes over Vipul Ltd Project after default
Ø US economy shrank at 5% annual rate in Q1, higher than initial estimate
Ø India's cement production to fall 25-30% in FY21 as Covid-19 saps demand
Ø Coal supply by Coal India to power sector dips 22% to 32 MT in April
Ø Patanjali's Rs 250 crore NCD subscribed within three minutes of opening
Ø Cash-strapped Jet Airways gets four new EoIs in fresh bidding round
Ø Cairn initiates arbitration against $520 mn govt demand over discrepancies
Business Line
Mint :
Ø Google in talks to buy stake in Vodafone Idea
Ø CBDT notifies minimum fee for India based fund managers managing offshore
Ø Fresh measures for equity market, NBFCs on cards
Ø Power exchange plans to launch real time market for trading in electricity contracts
Ø Federal Bank has 35% of its loan book under moratorium
Ø RBI imposes fines of Rs6.5 crore on three banks
Ø Ceat Q4 net declines 19% to ₹52 cr
Ø Franklin Templeton investors send legal notice to Sebi
Ø Kia Motors announces additional investment of $54 mn in Andhra Pradesh
Financial Express
Deccan Chronicle :
Ø FDI in India jumps 13% to record $49.98 billion in 2019-20
Ø Need to look at building economy with local skills: Suresh Prabhu
Ø Government seeks $520 million from Cairn Oil & Gas; co slaps arbitration notice
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