Tuesday 27 October 2020

@AlliesFin Serve Stock Market's Post

Namaste

27-10-2020



Business Standard

Ø India begins anti-dumping probe into low density polyethylene imports from US, UAE, others

Ø RBI's regulation to improve risk management, governance of HFCs: Experts

Ø 75% of borrowers to benefit from interest concession: CRISIL

Ø India will drive global energy demand: PM Narendra Modi

Ø Amazon set for face-off with Mukesh Ambani's RIL for India retail dominance

Ø Aurobindo Pharma inks pact with New Mountain Capital to sell US-based unit for USD 550 mn



Ø India's crude steel output dips 3% to 8.5 MT in Sept: World Steel Assoc

Ø RBI encourages investment in sovereign bonds as part of liquidity measures

Ø Sebi plan to introduce capital adequacy norms rattles stockbrokers

Ø PNB scam: London court rejects Nirav Modi's bail application for 7th time

Ø Divestment of US subsidiary to leave Aurobindo Pharma cash positive

Business Line



Mint

Ø DIPAM to monetise assets worth over ₹100 crore

Ø Production from JV with Reliance to represent 15% of India’s gas demand: bp

Ø Modi to meet global funds on November 5, invite investments into India

Ø CDSL Q2 profit after tax surges 68% to ₹48.87 crore

Ø Ant Group IPO pricing ‘history's largest’: Alibaba's Jack Ma



Ø Lenders ask DHFL's bidders to sweeten their bids by 31 Oct

Ø Torrent Pharma Q2 net profit up 27% at ₹310 crore

Ø Paytm Money launches ETFs, aims for investment by 1 lakh users in 12-18 months

Ø Oil drops on rising virus cases, increasing Libyan output

Ø Top global IT company's market cap erodes by $33 bn due to trimmed outlook

Financial Express



DNA

Ø BP eyes India's fuel market, wants gas in GST

Ø Economic, oil demand recovery around the corner with development of COVID-19 vaccine: OPEC

Ø Capex: PMO asks 13 oil PSUs to double FY21 spend to Rs 2 lakh crore

Ø GHCL Q2 net profit down 27.7 pc to Rs 85 cr



Ø PM Modi to inaugurate National Conference on Vigilance and Anti Corruption

Ø Bharat Biotech's COVAXIN receives nod for third phase of human trial
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...