Thursday 17 December 2020

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø Sebi fixes shareholding rule for IBC firms

Ø Cabinet approves Rs 3,500 crore subsidy for sugar farmers

Ø India signs $1 billion loan with NDB to support MGNREGS and rural infrastructure

Ø Videocon lenders approve Twin Star Technologies bid

Ø India ranks 131 in United Nations' human development index

Ø EPFO settles 52 lakh COVID-19 claims, disburses Rs 13,300 cr: Gangwar

Ø Liberty Group buys SBQ Steels in its second bankruptcy acquisition



Ø India has been transparent in its forex intervention: US Treasury

Ø Winding down liquidity to be challenge for RBI going forward: Subbarao

Ø Sebi tweaks eligibility norms, paves way for fintech firms to set up AMCs

Ø GoDaddy acquires US-based payment processor Poynt for $365 million

Ø Bank of Japan to buy $6 billion in cash to combat potential market turmoil

Ø India GDP recovering better than expected; to contract 7.4% in FY21: SBI

Business Line



Mint

Ø Auto component industry achieves highest-ever trade surplus exports at ₹39,003 cr in H1

Ø PE firm Partners Group to pick stake in Ecom Express for ₹1,825

Ø French shipping company imposes $200 per TEU emergency space

Ø Aditya Mittal Nippon Steel completes ‘most challenging’ first year operations in India

Ø Future to prepay NCDs using proceeds of ₹25,000-cr RIL deal

Ø Tata Steel teams up for tracking emissions from mine to final



Ø India may need to spend $1.8 billion on covid-19 vaccines in first phase

Ø RBI relaxes eligibility norms under regulatory sandbox

Ø Aramco may have to sell assets, borrow more to maintain Saudi dividend

Ø Jubilant FoodWorks forays into biryani business with 'Ekdum'

Ø Bitcoin breaks above $20,000 for first time

Ø Disinvestment of Air India finally seems to take off

Financial Express



DNA

Ø Tax refunds worth Rs 1.48 lakh cr issued so far this fiscal: I-T dept

Ø Cabinet approves auction of spectrum worth Rs 3.92 lakh crore

Ø Axis Bank says reports on Srei exposure ‘grossly inaccurate’



Ø India's December 1-15 diesel sales down 5.2%, petrol up 9.5%

Ø Walmart commits to export India-made goods worth $10 billion each year by 2027
By: via @AlliesFin Serve Stock Market

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*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...