Thursday, 16 July 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times

Business Standard

Ø Google to put in Rs 33,737 crore to buy a 7.7 percent stake in Reliance Jio
Ø Reliance to replace auto fuels by 2035
Ø Global financial system still at risk of liquidity stress: FSB
Ø Reliance Retail receiving strong support
Ø CCI approves Aceso's acquisition of 58.92% stake in HealthCare Global Enterprises
Ø Trade balance turns surplus after 18 yrs, steep contraction in imports rings alarm bells


Ø PSBs buy bonds, CPs worth Rs 14,667 cr by 67 NBFCs under credit scheme: FM
Ø India's vehicle sales to take 3-4 years to return to peak levels: Auto body
Ø SBI to raise Rs 25,000 crore in AT1, tier II capital in current fiscal
Ø Sebi relaxes compliance norms for entities planning to list debt securities
Ø Russia exports more gold than gas for the first time in 30 years
Ø L&T Infotech's PBT rises 16.9% to Rs 558.9 cr in Q1, revenue rises 18.7%

Business Line

Mint
Ø Infosys Q1 profit grows 11.5% to ₹4,272 crore
Ø RIL approached by global petrochem giants for strategic partnerships
Ø FIMI estimates ₹4 lakh-cr hit to exchequer by changes in National Mineral Index
Ø Cochin Shipyard wins autonomous electric ferry order from Norway
Ø Jio ready with 5G solution, ropes in Google for affordable smartphone

Ø Rossari Biotech's Rs496 crore IPO subscribed 79 times
Ø India Energy Modelling Forum to facilitate exchange of ideas: Niti Aayog
Ø Yes Bank’s ₹15,000 crore FPO subscribed 24% on first day
Ø Infosys guides 0-2% revenue growth for FY21 on healthy deal pipeline
Ø RIL aims to become net carbon-zero by 2035: Mukesh Ambani
Ø Uttam Galva Steels Apr-Jun net loss narrows to ₹159.6 cr

Financial Express

Deccan Chronicle
Ø Exports fall 12.41%, imports by 47.5% in June
Ø Apple wins EU court case over $15 billion in claimed taxes
Ø Indian airlines staring at Rs 1.1-1.3 lakh crore revenue loss over 3 years: Crisil
Ø GoM recommends hike in sugar MSP to Rs 33/kg; asks Food Min to move cabinet note

Ø Maruti Suzuki recalls 1,34,885 units of WagonR, Baleno to fix faulty fuel pumps
Ø RIL-Aramco deal not progressed as per timelines, Ambani says committed to partnership
Ø Alcohol-based hand sanitisers to attract 18% GST, says AAR
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Fund Houses Recommendations Citi on Reliance Ind: Upgrade to Outperform on Company, target price at Rs 1530/Sh (Positive) Jefferies on M...