Monday 10 August 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*Economic Times*
Ø  Defence reforms to steer India towards self reliance, boost indigenous production: Industry
Ø  'Up to $54-bn remittance loss for Asia-Pacific'
Ø  BSNL to enhance data speed in A&N Islands
Ø  IBBI lists out potential red flags for RPs
Ø  IndusInd Bank acquires 7.82% stake in Eveready
Ø  India attractive proposition for UK businesses exploring alternative to China: UKIBC

*Business Standard*
Ø  81% SMEs confident of recovery post Covid, 57% have no cash reserve: Survey
Ø  Invoking self-reliant India, govt bans import of 101 defence items
Ø  Saudi Aramco half-year profits plunge 50% due to Covid-19 pandemic impact
Ø  NCLAT says no to insolvency proceedings against Gujarat Ambuja Exports
Ø  Lupin, Sun Pharma recalling products in the US market, says USFDA

*Business Line*
Ø  PM Modi launches ₹1-lakh crore Agriculture Infrastructure Fund
Ø  RIL’s financial services assets spike; indicate big plans are in the works
Ø  Aurobindo Pharma enters Covid-19 vaccine race
Ø  Renault India ramps up dealer network amid Covid-19 fight
Ø  Spanish court declares IL&FS transport arm ‘insolvent’

*Mint*
Ø  Asia-Pacific may see $31.4-54.3 bn remittance losses due to Covid-19: ADB
Ø  HNIs' holding in Indian companies rises to ten-quarter high in Q1
Ø  Huawei to stop smartphone chip production due to US sanctions
Ø  Oil giant Aramco sticks with dividend even as profit crashes
Ø  Govt proposes separate emission norms for agri machinery

*Financial Express*
Ø  Airtel, Vodafone Idea priority plans: TRAI to give decision within 2 weeks of telcos reply
Ø  India attracts $22 billion FDI during COVID-19: Amitabh Kant
Ø  UltraTech expects subdued performance as economy slows down

*Deccan Chronicle*
Ø  Telecom operators revenue growing strongly defying coronavirus, says Fitch
Ø  India must focus on protecting economy not on what rating agencies think: Rajan
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*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...