Thursday 26 November 2020

@AlliesFin Serve Stock Market's Post

Economic Times

Business Standard

Ø Bank of America sees second quarter growth improving to -7.8%

Ø Bank operations may be hit by unions' strike on Thursday

Ø Ecommerce fires Bengaluru airport to hit 26-month high cargo shipment

Ø New US jobless claims at 778,000, second week of increase

Ø JSW Cement arm to invest over Rs 1,500 crore to set up clinker unit in Odisha

Ø Bank credit growth slows to 5.8 per cent in September quarter: RBI data

Ø United States economy surges by record 33.1% in the third quarter

Ø Govt to infuse Rs 2,000 cr in NIIF debt fund in FY21 for infra development

Ø IBBI proposes mechanism to allow withdrawal from voluntary liquidation

Ø LIC's equity portfolio value may be at an all-time high of $86 billion

Ø India 4th major host of greenfield FDI projects during 2004-2015: Report

Ø JSW Cement pushes back IPO plans by two years to December 2022

Business Line

Mint

Ø I-T refunds of ₹1.36-lakh crore issued till Nov 24

Ø Cabinet approves merger of Lakshmi Vilas Bank with DBS Bank India

Ø Cabinet may consider equity infusion of ₹6,000 cr into NIIF

Ø SIAC dismisses jurisdictional objections raised by Future Group

Ø Covid-19 pandemic hits oil and gas production in Oct

Ø Global black tea output down over 5%; India leads the fall

Ø Lakshmi Vilas Bank shares to be suspended from trading from Thursday

Ø Rishi Sunak warns of 2.6 mn jobless in historic UK slump

Ø UK to sell record 485.5 billion pounds of bonds in 2020/21

Ø Laurus Labs buys 73% stake in Biotech firm Richcore Lifesciences for Rs247 crore

Ø Unacademy raises fresh funds at $2 billion valuation

Ø Rising temperatures poses $200 billion risk to the Indian GDP: Report

Financial Express

DNA

Ø UP export policy aims doubling farmer income, boosting agri-product shipments

Ø EU is willing to be ‘creative’ to get a Brexit trade deal

Ø Cargill India keen to invest in corn-to-ethanol facilities in India

Ø Cabinet approves merger of Lakshmi Vilas Bank with DBS Bank; revokes cap on withdrawal limit

Ø Gold prices fall for third consecutive day; silver weakens as well
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...