Thursday 5 November 2020

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø Economy to reach pre-pandemic levels by year-end: Finance Ministry

Ø Government issues ordinance to amend arbitration law

Ø Indian realty's institutional fund inflow in 2020 seen at $4.8 bn

Ø Commercial vehicle volumes to contract 25-28% in FY21, outlook remains negative: Icra

Ø Suspecting fraud, taxmen block input tax credit of several companies for a year

Ø Amazon India inks MoU with Silk Mark Organisation of India



Ø Oct services activity at 54.1, grows for first time in 8 months: PMI

Ø India expects $3.4 billion FDI in data center infrastructure: Anuj Puri

Ø Sebi issues guidelines for rights issue by unlisted InvITs to raise funds

Ø Saudi Arabia to remove curbs on foreign workers to attract overseas talent

Ø Reliance Jio officials depose before parliamentary panel on data security

Ø HPCL sees two-fold jump in net profit in Q2, okays Rs 2,500-cr buyback

Business Line



Mint

Ø Gold recycling hits 8-year-high on record prices

Ø APSEZ seeks cessation of coal terminal deal at Vizag Port Trust

Ø Apollo Tyres Q2 net profit more than doubles to ₹200 crore

Ø Future Retail raises ₹350-cr loans

Ø United Spirits Q2 net profit down 21% at Rs 125 crore

Ø Led by GenNext, Sundram Fasteners eyes buyouts in defence, EV segments



Ø US export jump narrows Sept trade gap to $63.9 billion: Govt

Ø ED files first chargesheet against Kochhars in ICICI Bank quid-pro quo case

Ø EuroPacific Growth Fund sells 1.27% stake in Adani Ports for ₹907 crore

Ø IPO bound Gland Pharma eyes China, Africa market entry

Ø Adani Enterprises plans ₹50,000 crore capex over 5 years

Ø SBI net profit grows 52% in September quarter as retail loans shine

Financial Express



Deccan Chronicle

Ø Euro zone economy on track for double-dip recession

Ø Commercial coal mining: Jindal Power wins block in Chhattisgarh on 3rd day of auction

Ø CAIT accuses Amazon of violating FEMA norms



Ø Control of US Senate at stake as Donald Trump's allies face Democrats

Ø Hospitality industry sees signs of revival in September
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...