Thursday 11 June 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*From the Business Media - 11 June 2020*

Business Standard

Ø  High debt-to-GDP could strain India's rating: Fitch

Ø  S&P affirms India’s 'BBB-/A-3' sovereign rating

Ø  Fed holds rate, sees zero rates through 2022

Ø  80% working Indians experience income loss: Study

Ø  Govt restricts export of swabs, probes, primers

Ø  'Jio-FB platform approach can open a $2 tn mkt by 2025'

Ø  Government extends validity of certain e-way bills

Ø  Indian economy to bounce back with growth of 9.5% in next fiscal: Fitch

Ø  Irdai asks insurers, TPAs to disclose infra details of hospitals in network

Ø  Oil slides below $41 a barrel as US inventory rise revives glut worries

Ø  Jindal Stainless Hisar Q4 FY20 profit up 43% on back of reduced expenses

Ø  IOC aims to operate refineries at 90% capacity in June as demand recovers

Mint

Ø  Overseas borrowing of NBFCs zooms 100% in FY20

Ø  GSK gears up to make 1 b doses by 2021

Ø  Cipla to acquire 21.85% stake in GoApptiv

Ø  Century Textiles net profit down 44% in March quarter

Ø  Welspun enters health and hygiene segment with face masks, wipes, disposable linens

Ø  BPSL case: Supreme Court directs CoC to clarify stand on JSW Steel petition

Ø  SEBI calls CREDAI's plea on moratorium clarification a 'proxy litigation'

Ø  Apollo Global, ICICI Ventures to end India JV

Ø  Indian Hotels Q4 net profit drops 38% to ₹76.29 crore

Ø  Supreme Court to hear AGR case tomorrow

Ø  Johnson & Johnson to begin human trials of Covid-19 vaccine in 2nd half of July

Ø  Shriram Transport Finance Q4 profit falls 70% at Rs223.38 crore

Deccan Chronicle

Ø  Japan’s wholesale prices sink at fastest pace in 4 yrs as pandemic hits demand

Ø  Inflation likely to have hit six-month low in May: Poll

Ø  Anand Mahindra to invest $1 million in this Gurgaon based technology startup

Ø  Loan moratorium: Forcing banks’ hands to be ruinous, Sebi tells SC

Ø  In four hikes, petrol prices go up by Rs 2.14 per litre, diesel by Rs 2.23

Ø  Global gas demand set for largest decline on record in 2020, says IEA

Ø  Panacea Biotech to partner with US firm Refana for COVID-19 vaccine

Ø  Hindustan Petroleum delays Rs 209 billion Vizag refinery expansion
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