Friday 9 October 2020

@AlliesFin Serve Stock Market's Post

Economic Times
 
Business Standard

Ø  The worst is behind us; India's GDP growth will turn positive in Q4, says Deepak Parekh
Ø  UK tells India Vijay Mallya can't be extradited till resolution of secret legal matter
Ø  Power consumption shows double digit growth during October first week as demand rises
Ø  NTPC incorporates subsidiary for renewable energy business
Ø  Panasonic to produce for two other brands in its India factory

 
Ø  Future group, Amazon to initiate arbitration proceedings over RIL deal
Ø  CCI dismisses unfair business practices complaint against Hindalco, Vedanta
Ø  Infosys inks pact to acquire Blue Acorn iCi for around Rs 915 crore
Ø  Clix Group submits offer for up to 90% stake in Lakshmi Vilas Bank
Ø  Double-digit rise in exports helps India nearly halve trade gap with China
Business Line
 
Mint
Ø  Moody’s revises outlook on steel to stable
Ø  Australian investment funds see opportunities in India
Ø  Auto retail sales grow 11.45% month-on-month in Sept
Ø  DP World, Jebel Ali Free Zone woo India’s plastic sector
Ø  Oil India begins seismic survey in Andaman Offshore
Ø  India may lift barrier to let Great Wall Motors drive in
Ø  SAIL reports over 31 per cent growth in Q2 sales
 
Ø  India’s market cap hits record ₹161 tn
Ø  Tatas weigh plan to buy SP stake in parts
Ø  Oil set for best week since May as hurricane shuts Gulf output
Ø  Morgan Stanley fined $60 million in failed data-center oversight
Ø  73.76 cr Vedanta shares tendered, another 60 cr needed on Fri to delist the firm
Ø  Sebi clamps down on inter-scheme transfers in debt mutual funds
Financial Express
 
Deccan Chronicle
Ø  SBI urges SC to dismiss plea against wind up UBHL
Ø  Reports regarding findings of forensic audit misleading: Franklin Templeton
Ø  Economy showing signs of improvement: Assocham
Ø  Combined fiscal deficit of Centre, states may go up to 14% in FY21: Rangarajan
 
Ø  Lockdown impact: GDP likely to contract by 9.6 per cent this year, says World Bank
Ø  India's factory activity gains momentum despite job losses
Ø  India, Japan finalise pact for cooperation in 5G tech, AI
Ø  H-1B visa: Trump admin imposes new curbs to protect US workers
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...