Friday 8 May 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times



Business Standard

Ø Reliance considers sale of $989 million Asian Paints stake

Ø Govt amends I-T rules for faster tax disputes resolution

Ø 33 mln have sought US unemployment aid since virus hit

Ø New chemical accident rules soon to prevent mishaps

Ø India exports 33.5 lakh tonnes sugar so far in 2019-20 marketing year

Ø India's coal import declines 29 per cent in April



Ø Experts fear massive 40% fall in April GDP, call for unlocking of economy

Ø At 2.66 trn, cash in circulation in Jan-April more than entire 2019: RBI

Ø Cloud over online AGM for banks as they don't fall under Companies Act

Ø Vehicle scrap policy soon; roads building worth Rs 15 trn in 2 yrs: Gadkari

Ø Ratan Tata picks up stake in an 18-year-old's pharmaceutical start-up

Business Line



Mint

Ø With little clarity on future road traffic, NHAI’s asset sale plans take a big hit

Ø Aviation to record revenue loss of Rs 25,000 crore, structural changes likely: CRISIL

Ø Tata Motors withdraws NCD issue of ₹1,000 crore

Ø ArcelorMittal reports $1.1 billion net loss in March quarter

Ø BMW Group India resumes production at Chennai plant

Ø Tesla abruptly halts car production at Chinese factory



Ø Public sector banks sanctioned ₹5.66 tn loans during MAR-APR: Finance ministry

Ø Zoom acquires encryption service Keybase as part of 90-day plan to fix security

Ø AMFI defends Sebi cap on investment in unlisted bonds

Ø Yes Bank looking to raise up to ₹12,000 crore soon

Ø Technical glitch in regfrigeration unit led to gas leak: Vizag Dist Collector

Financial Express



Deccan Chronicle

Ø Bank of England: UK economy to shrink by most since 1706

Ø Chinese adherence to trade deal report in a week or two, says Donald Trump

Ø Govt announces financial package to ramp up coir usage; signs MoU with IIT Madras

Ø ONGC, OIL earnings to decline, credit metrics weaken due to lower oil prices: Moody’s



Ø EPFO alert! Employers to register digital signatures online via e-mail

Ø China exports see surprise 3.5% jump in April, imports fall

Ø Date for filing GST return extended to September 30

Ø Budweiser to invest more in e-commerce as virus hits offline demand
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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...