Wednesday 21 October 2020

@AlliesFin Serve Stock Market's Post

Economic Times

Business Standard

Ø EPFO records 10.05 lakh new enrolments in August
Ø Government procures 98.19 lakh ton paddy at MSP for Rs 18,540 crore
Ø Govt working on giving flexibility to Air India bidders to decide on debt: DIPAM Secy
Ø PFC to fund Vapi project, extends Rs 2,070 crore to Sterlite Power
Ø Verdict on Amazon arbitration plea over Rs 24,713 cr Future-RIL deal expected in few days
Ø MSSL signs strategic agreement to acquire Bombardier’s Electrical Wiring Interconnection Systems
Ø Modi govt to ask Coal India, NTPC among others for cash via buybacks
Ø InvITs to acquire over Rs 4 trillion of infra assets in five years: Icra
Ø Recovery on Indian economy 'strengthened, broadened' in September: ICRA
Ø Govt bans natural gas, coal-bed methane producers from buying own produce
Ø Moody's places Vedanta Resources CFR under review for downgrade
Ø IRDAI panel to examine need for standard cyber liability insurance product

Business Line

Mint

Ø HUL’s net profit jumps 8.58% to ₹1,974 cr in Q2
Ø Reliance Retail gets subscription amount of ₹1,837.50 crore from TPG
Ø IEX Q2 profit falls 9 per cent to Rs 44 cr
Ø DCM Shriram’s Q2 revenue increases 17% at ₹2,047 crore
Ø RMZ group sells 12.5-m sq ft real estate assets to Brookfield for $2 b
Ø MRPL board approves acquisition of OMPL’s shares from ONGC
Ø FDI up 16% to $27 bn in April-August, highest ever: Govt data
Ø Tesla to export cars made in China to Europe
Ø Sebi revamp makes AT1 perpetual bonds suitable only for QIBs, savvy investors
Ø Low risk premium has fuelled equity returns: RBI paper
Ø HC restrains Canara Bank from taking coercive action against a MSME

Financial Express

Deccan Chroicle

Ø Indians invest primarily in life insurance, FDs for retirement: Survey
Ø Steel Minister asks CII to identify areas of steel usage
Ø Siemens Healthineers to invest EUR 160 mn to set up innovation hub in Bengaluru
Ø Govt asks at least eight state-run firms to consider buybacks: Report
Ø Vietnam invites India for 37th ASEAN virtual summit in November
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...