Tuesday 23 June 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times



Business Standard

Ø Govt keeps off RBI's WMA for three consecutive week

Ø India starts anti-dumping duty probe against 3 nations

Ø India very likely to announce another stimulus: Fitch

Ø CIL's dues from power sector crosses Rs 18,000 crore

Ø Deposit repayment reserve: Companies get more time

Ø Brands looking to shift production from China to India

Ø Covid doing double the debt damage as '08: Moody's

Ø June exports have reached 80% level of last year: Goyal



Ø RBI bars YES Bank from coupon payment on Upper Tier II bonds

Ø ICICI Bank sells 1.5% stake in ICICI Prudential for Rs 840 crore

Ø Adani Power board okays delisting from BSE, NSE; to seek shareholders' nod

Ø Fitch revises outlook on Airtel to negative from stable; affirms at 'BBB-'

Ø DHFL pre-tax loss widens over three-fold to Rs 10,296 crore in Q4FY20

Ø Maharashtra stalls Great Wall Motor's investment plan after border row

Business Line



Mint

Ø Global economy faces long, bumpy recovery post Covid: Moody’s

Ø Abbott supplies its serology tests to India

Ø Despite political tensions, Aurobindo Pharma bullish on business in China

Ø L&T Hydrocarbon Engineering signs MoU with KBR for refinery projects

Ø Murugappa PAT rises 2.8% to ₹2,946 crore as turnover increases 3.3% to ₹38,105 crore



Ø After TCS, Reliance Industries to hold virtual AGM on July 15

Ø PSBs, private lenders disburse 44% of the loans sanctioned under ECLGS

Ø Gilead to test inhaled version of remdesivir on COVID-19 patients next month

Ø Sebi board to ease more norms for fund raising via preferential allotments

Ø Reliance Industries becomes 1st Indian firm to hit ₹11,43,667 crore market cap

Fina1ncial Express



Deccan Chronicle

Ø India may have missed turning current account surplus after 12 years due to all-time low crude oil prices

Ø SBI, PNB rating outlook cut; Fitch’s axe falls on 9 PSU, private banks after India’s rating outlook cut

Ø Trai asks telcos to ensure time-bound registration of entities for bulk SMSes

Ø Dhanlaxmi Bank Q4 profit falls over 90 pc at Rs 3 cr



Ø In 16 days, petrol price hiked by Rs 8.3 per litre and diesel by Rs 9.46

Ø In biggest fraud of recent years, fintech major Wirecard admits 1.9 bn euros missing

Ø COVID-19 led to 20 lakh job losses in bus, taxi sector: BOCI
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