#marketnews
Economic Times
Business Standard
Ø Government buys 5.73 lakh tons of paddy at minimum support price in last 8 days
Ø BEML puts in place 'catch-up' plan to make up for production backlog due to COVID impact
Ø CIL's coal allocation to power sector under e-auction rises 8% in April-August
Ø Regional rural banks incur net loss of Rs 2,206 crore in FY20, Nabard data reveals
Ø Rating agencies see surge in downgrades in second half of current fiscal amid pandemic
Ø PE/VC investments in pharma companies grow 3.5X in 2020, cross $1 bn mark
Ø Vedanta's Q1 profit tumbles 23.5% as Covid-19 lockdown hurts output, demand
Ø Lenders to consider Videocon promoters' application for debt resolution
Ø ArcelorMittal likely to bid for Uttam Galva after its admission to NCLT
Ø Clix Capital, Lakshmi Vilas Bank set to make a joint presentation to RBI
Business Line
Mint
Ø Industry expects capacity utilisation to touch 50% in H2
Ø Interest waiver: Borrowers may get monetary relief of up to ₹80,000 for loans
Ø UP sugar mills’ dues to farmers rise to ₹8,447 cr in FY20 on lockdown effect, subsidy delay
Ø IGL cuts piped natural gas price by ₹1 per scm
Ø Dhoot family offers ₹30,000 crore to take back control of Videocon Industries
Ø Sebi wants closer look at Coffee Day’s accounting
Ø Business optimism returning, economic recovery to be L-shaped: Axis Bank MD
Ø Hong Kong to issue up to $1.9 billion of inflation-linked bonds
Ø Tata Sky's new installations return to pre-lockdown levels: CEO
Ø Two-wheeler export sales give hopes of growth revival post the pandemic
Financial Express
Deccan Chronicle
Ø Nerolac expects double-digit growth, to invest Rs 450 cr
Ø CEOs indicate business sentiment revival; steady recovery of Indian economy on anvil: CII
Ø SAIL exploring new markets to source coking coal: Chairman
Ø India third largest job provider in renewable energy sector after China, Brazil
Ø India's factory activity gains momentum despite job losses
By: via @AlliesFin Serve Stock Market
