Friday 28 August 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times



Business Standard

Ø G-20 goods trade decline to lowest since 2009

Ø Initiate guarantor insolvency: Govt to PSBs

Ø Infra-focused stimulus key to recovery: EY

Ø Walmart joins Microsoft in pursuit of deal to acquire TikTok

Ø India-ASEAN can resolve differences, take trade to $300 billion: Piyush Goyal

Ø Expecting moderate growth in subscription revenue, ad revenue may fall in FY21: ZEEL



Ø RBI still has enough firepower left to handle the situation: Governor Das

Ø India fuel demand headed for 5-year low as truck operators idle vehicles

Ø Sebi directs PMS providers to share commission details with clients

Ø GMR Infra to demerge energy, transport businesses; list airports separately

Ø Steel firms set to raise prices from Sept on higher costs, global prices

Business Line



Mint

Ø CII tells Centre to put on hold liquidity infusion to AP discoms

Ø Himatsingka Seide posts ₹140-cr loss in Q1

Ø Covid-19: NMDC’s net plunges 55% at ₹533 crore in Q1; production takes a hit

Ø Zydus Wellness approves ₹1,100-crore fund-raising

Ø Covid-19: FDA gives emergency approval to Abbott’s $5 test



Ø PAG to buy 51% stake in Edelweiss Wealth Management with ₹2,200 cr investment

Ø Hindustan Syringes to scale up production to 1 bn to meet covid vaccine demand

Ø E-commerce retail market expected to cross $100-billion mark by 2024

Ø COVID-19 impact: 'Economy may contract', FM Sitharaman says during GST meet

Financial Express



Deccan Chronicle

Ø Piyush Goyal launches national GIS-enabled land bank system

Ø SBI chief Rajnish Kumar hopes for lesser number of debt recast requests from corporates

Ø Realty sector to witness up to 60% decline in residential sales volume in FY21: Icra



Ø Delhi High Court stays insolvency resolution proceedings against Anil Ambani

Ø India needs to create 90 million jobs by 2030 to avoid economic stagnation

Ø Government to forego Rs 46,000 crore of interest on delayed GST payment
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

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

*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...