Friday, 14 August 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times

Business Standard

Ø Retail inflation inches up to 6.93% in July
Ø US jobless claims fall below 1 million
Ø India is a difficult market to be in at this moment of time, says Carlsberg Global CEO
Ø Eicher Motors and Volvo JV to acquire Volvo's India bus business
Ø JSPL starts supply of special grade rail tracks for new phase of Kolkata Metro
Ø Railways rules out fare regulator for pvt trains, to allow competition in transport sector


Ø Tata Steel reports Rs 4,648 cr net loss in Q1 due to reduced income
Ø China extends anti-dumping duties on Indian optical fibres for 5 years
Ø SBI eyes three-fold rise in retail, MSME gold loan business in FY21
Ø PE/VC investments drop 51% to $4.1 billion as big deals shrink in July
Ø French unemployment rate hits 37-year low in Q2 2020 as lockdown bites
Business Line

Mint
Ø Godrej Industries Q1 net profit down 40% at ₹106 cr
Ø US budget deficit climbs to record $2.81 trillion
Ø FPIs continue to repose faith in private insurers
Ø GAIL (India) profit plunges to ₹643 crore in Q1
Ø Grasim net down 67% on weak demand
Ø JSW Group revenue down by $2 billion in FY20
Ø Need to upgrade Ordnance Factories to lower import dependence, say defence experts

Ø Government to switch ₹28,000 crore of bonds for longer term securities
Ø BPCL's net profit up 22% for April-June quarter
Ø Tata Motors launches India's biggest tipper truck
Ø Lenders, govt diverge on sale of spectrum with bankrupt telcos
Ø RBI tightens regulations for core investment companies
Ø SIP inflows hit 22-month low in July at ₹7,831 crore
Financial Express

Financial Chronicle
Ø RBI remains net purchaser of US dollar in June, buys USD 9.814 billion
Ø Search and seizure, international tax cases out of faceless assessment ambit: CBDT
Ø Larsen & Toubro wins ‘significant’ contracts for various businesses

Ø PM unveils new tax platform, says tax paying to become seamless, painless, faceless
Ø J&J ties up with Biological E for manufacturing Covid vaccine in India
Ø Gems, jewellery exports dip 38% in July as virus slows global demand
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