Tuesday 15 December 2020

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø 42 NBFCs, housing finance companies increased their provisioning under Indian accounting: EY report

Ø RBI, DBS move Supreme Court, want all LVB merger cases transferred

Ø RBI eases some conditions for banks to open current accounts

Ø Kapil Wadhawan submits proposal to repay DHFL creditors

Ø CRISIL projects slower contraction at -7.7% for India in FY21 against -9% in September

Ø Rs 1.58 lakh cr given to 4.05 m borrowers under ECLGS: Finance Ministry



Ø Retail inflation declines to 6.93% in Nov on softer food prices

Ø BSE, NSE, MCX gear up for India's first bullion exchange at Gift City

Ø IPO fundraising more than doubles to Rs 45,000 crore in 2020: KIB

Ø OPEC cuts 2021 oil demand outlook again as pandemic impact lingers

Ø Jio accuses Airtel, Vodafone Idea of fanning farmers' ire against it

Ø Airtel believes ARPU will reach Rs 200 levels in few months: Report

Business Line



Mint

Ø Crisil revises GDP forecast to -7.7% for fiscal 2021

Ø India’s fuel demand climbs for third straight month in November

Ø GSK Consumer Healthcare strengthens nasal care space

Ø MG Motor ties up with e-waste recycling firm TES-AMM

Ø India Alternatives sells stake in TUCIBIL to Khazanah for ₹340

Ø AstraZeneca to buy Alexion for $39 b



Ø Centre likely to further cut out stake in Axis Bank

Ø RBI exempts certain accounts from its current account norm

Ø Adidas to decide whether to sell its underperforming brand Reebok

Ø Draft EU law could see tech giants fined 10% of revenue: Report

Ø Bank of Maharashtra raises ₹200.70 cr through tier II bonds

Ø Shriram City Union Finance to raise up to ₹200 cr via bonds

Financial Express



DNA

Ø Japan ‘tankan’ business survey shows optimism over recovery

Ø China’s Alibaba, Tencent unit fined under anti-monopoly law

Ø Torrent Gas to invest Rs 5,000 cr in Chennai city gas project



Ø Burger King India makes remarkable market debut; lists at 92% premium over issue price

Ø Centre receives multiple initial bids for Air India, Tata Sons 'interested'
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...