Thursday 24 September 2020

@AlliesFin Serve Stock Market's Post

*Economic Times*
*Business Standard*

Ø RBI has no info on loans of top 100 defaulters
Ø Tatas, L&T bid for bullet train project
Ø CCI checking all aspects of RIL's Future deal
Ø CPI the anchor for monetary policy: RBI
Ø India's growth not foreordained: Warburg
Ø Temasek to expand its investments in India
Ø India tops up reserves with cheaper crude
Ø Domestic crude oil production down 6.3% in August, natural gas output dropps 9.5%
Ø Coal India finalises Rs 5900-cr heavy machinery contracts to bolster production
Ø CAG recommends automation of foreign trade promotion schemes adminsitration
Ø Govt proposes extending suspension of new bankruptcy filings: Report
Ø Sebi rationalises eligibility criteria, disclosure norms for rights issue
Ø Citigroup to set aside over $1 billion to combat racial wealth gap
Ø Tech Mahindra sells stake in Altiostar to Rakuten Mobile for $45 mn
Ø Japan's Mitsui, Nippon Soda acquire 56% stake in Bharat Insecticides

*Business Line*
*Mint*

Ø Despite RIL deal, banks in no mood to fund Future Group
Ø CAG raps Centre over non-utilisation of cesses, levies for specified purposes
Ø ‘High valuation will be a major hurdle in SP Group’s bid to sell stake in Tata Sons’
Ø Manali Petro to set up ₹150-cr propylene glycol unit
Ø Likhitha Infrastructure sets IPO price band at ₹117-120; issue to open on Sep 29
Ø CCI approves 100% equity buy of Medlife by API Holdings
Ø CAMS, Chemcon IPO close with high subscription numbers amid choppy markets
Ø Tata Sons picks up Tata Chemicals, Tata Motors DVR shares in block deals
Ø i3 Systems, InsurTech startup raise $1.5 million funding from Unitus Ventures
Ø HDFC to raise up to ₹5,000 crore by issuing bonds
Ø BSE to launch auto cancellation feature to prevent trade reversals
Ø Sebi gives more time to MFs' trustees to appoint dedicated officer

*Financial Express*
*Deccan Chronicle*

Ø Bharti Airtel picks up stake in Waybeo as telecom firm looks to scale up cloud offerings
Ø Economic contraction may lead to permanent income loss in India; GDP may shrink 5.9% in 2020: UN body
Ø Parliament removes cereals, pulses and oilseeds from Essential Commodities Act
By: via @AlliesFin Serve Stock Market

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...