Friday 18 September 2020

@AlliesFin Serve Stock Market's Post

Economic Times
Business Standard

Ø  Govt permits up to 74 pc FDI under automatic route in defence sector

Ø  Government aims for new record output from winter-sown crops

Ø  ESIC members can file claims to get unemployment benefit under ABKY: Labour ministry

Ø  Mistry family sends notice to Tata Sons Board for fiduciary lapses and damages

Ø  PMI is not a proxy to IIP: CARE Ratings

Ø  Power consumption up 0.9 per cent in first fortnight of September: Power Minister

Ø  Global economic recovery may take five years: World Bank chief economist

Ø  RBI announces outright purchase of Rs 10k-cr of bonds from secondary mkts

Ø  Irdai panel recommends forming Rs 75,000 cr pandemic pool under PPP model

Ø  Investment in P-notes continues to soar; hits 10-month high in August

Ø  Divesting majority stake in PSBs will be 'credit negative' for them: Icra

Ø  L&T Construction bags orders for metallurgical, material handling business

Business Line
Mint

Ø  RBI plans G-Secs switch for ₹24,000 cr

Ø  There is complete certainty on taxes in auto sector: FinMin

Ø  Supreme Court rejects SBI plea in Anil Ambani bankruptcy case

Ø  World services trade volume fell by 4.3% in Q1 of 2020: WTO

Ø  Share pledge issue: SP Group slaps notice on Tata Sons’ board members

Ø  Ashok Leyland bags order from Procure Box to supply 1,400 trucks 

Ø  World Bank's IFC warns of Asia-Pacific 'financial crisis'

Ø  Almost 6 million white-collar workers lost jobs between May-August 2020: CMIE

Ø  Blackstone to sell Essel Propack shares worth $251 mn

Ø  Lenders have RBI's 7 June circular to resolve stress: Rajnish Kumar

Ø  HC seeks Tata Steel BSL Limited’s response on plea by Brace Iron & Steel

Ø  Dual listing norms to pose challenges for startup IPOs

Financial Express
Deccan Chronicle

Ø  CropLife India opposes govt’s plan to double import duty on agrochemical formulations to 20%

Ø  German economy likely to shrink less this year than during 2009 crisis: IfW

Ø  BIS moves HC against Tata Steel for defaulting payment of lease rental

Ø  India ranks 116 in World Bank's pre-pandemic human capital index

Ø  Chinese FDI has been coming down in 3 years
By: via @AlliesFin Serve Stock Market

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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...