Wednesday, 29 July 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*Economic Times*
*Business Standard*

Ø  World’s 2nd most tracked stock is from India
Ø  GDP growth to lose steam from Q3: Report
Ø  Sunil Mittal wants govt to save India's tattered telecom sector
Ø  India's GDP growth to lose momentum from third quarter : Oxford Economics
Ø  Govt proposes to hike confinement expenses payable under ESIC scheme to Rs 7,500
Ø  Indian refiners cuts crude processing as fuel demand dips, margins fade
Ø  Reliance to pay up to Rs 27,000 cr for Future Group retail chains: Report
Ø  UltraTech Cement June quarter profit down 36 per cent to Rs 806 cr
Ø  YES Bank's PBT falls to Rs 60 crore in June quarter, NII dips 16.3%
Ø  NSE extends withdrawal date of NOW platform following several requests
Ø  IndusInd Bank Q1 net profit falls 68% to Rs 461 cr on higher provisioning
Ø  NSE introduces trading of T-bills, SDLs in capital market segment

*Business Line*
*Mint*

Ø  Govt notification allows NRIs to pick up 100 per cent stake in Air India
Ø  Bharat Electronics’ order book at ₹53,752 cr
Ø  Nestle India Apr-June net up 11 per cent to ₹486.60 cr
Ø  Tata Steel to soon commission first scrap-based plant
Ø  Nissan warns of record loss as pandemic hits turnaround
Ø  LIC IPO: Govt picks Deloitte, Edelweiss as pre-IPO transaction advisors
Ø  Cognizant to acquire Microsoft cloud native company New Signature
Ø  RBI’s forecast on NPAs has often missed the mark
Ø  IndusInd Bank Q1 net profit falls 68%; to raise ₹3,288 cr via pref issue
Ø  ECB tells banks not to pay dividends until Jan 2021 over virus crisis
Ø  Fed extends crisis lending programs three months to Dec 31

*Financial Express*
*Deccan Chronicle*

Ø  World economy’s sputtering recovery threatened by flaring coronavirus
Ø  IMF OKs $4.3 billion emergency loan to South Africa
Ø  RBL Bank Q1 net profit declines 47 pc to Rs 141 cr on higher provisioning
Ø  Gold soars to record high as dollar drops
Ø  Sensex rallies over 550 points, Nifty tops 11,300-mark
Ø  Oil prices edge higher on expected US stimulus, weak dollar
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