Thursday, 25 June 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times



Business Standard

Ø Sebi comes out with guidelines for algo trades

Ø CCI okays Facebook's investment in Jio Platforms

Ø Indian Oil expects full recovery by July-end

Ø Mudra Yojana: 2% interest subsidy for small borrowers

Ø CIL adds 7.8 bn tonnes to proven coal reserves

Ø Bharti-Indus merger deadline extended till Aug 31

Ø Fitch revises HUDCO outlook to negative from stable



Ø RBI pulls up banks, NBFCs for non-transparency in digital loans

Ø Govt okays Ordinance to give more teeth to RBI over co-operative banks

Ø India's May oil imports hit lowest since 2011 over drop in demand: Report

Ø Tamilnad Mercantile Bank net profit grows 57.7% to Rs 408 cr in FY20

Ø Cabinet okays additional investment of $121 mn by ONGC Videsh in Myanmar

Business Line



Mint

Ø $11-b Hinduja fortune pits patriarch vs 3 brothers

Ø Cabinet clears way to open up space sector to private players

Ø IMF scales down growth projection, says Indian economy will contract by 4.5% this fiscal

Ø Tata Steel to supply Fibre Reinforced Polymer quarantine cabins for Covid

Ø PFC Q4 net profit down 80 per cent



Ø Oil down $2 as U.S. crude inventories swell, pandemic resurgence feared

Ø Railways to generate 8 lakh man days of employment for migrant workers

Ø RBI brings in norms to curb malpractices by lending apps

Ø Centre gives more time for income tax filings, investments for FY20

Ø IMF forecasts deeper global recession from growing coronavirus threat

Financial Express



Deccan Chronicle

Ø IOC reports massive loss of Rs 5,185 cr in Q4 on inventory losses

Ø India’s GDP to contract by 5.3 pc in FY21, bounce back in FY22: Ind-Ra

Ø Canara Bank’s standalone net loss widens to Rs 3,259 cr in March quarter



Ø Diesel now costlier than petrol in Delhi, fuel price hiked for 18th day

Ø India levies anti-dumping duty on steel imports from China, South Korea & Vietnam

Ø After turning debt free, Reliance may break-up with IPOs of Jio, retail business
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