Wednesday 2 December 2020

@AlliesFin Serve Stock Market's Post

Business Standard

Ø States' indebtedness to hit decade-high of 36% of GSDP: CRISIL

Ø Recovery from bankruptcy courts could fall by a third in FY21: ICRA

Ø India's Jan-Oct rice exports jump 43% y/y to 11.95 million tonnes: Government data

Ø November was busier than October in terms of business activity in India: Nomura

Ø Hero MotoCorp sales up 14% in November

Ø FDI in non-life insurance sector slips marginally to Rs 509 cr in FY20

Ø OECD cuts India's FY21 GDP contraction rate to 9.9% from 10.2% earlier

Ø Oil prices inch down as OPEC and allies seek consensus on output

Ø World economy to bounce back by 2021-end, but risks remain: Group

Ø Ashok Leyland's truck sales rise 23% in Nov, bus sales decline 90%

Ø Maruti Suzuki's November sales increase 1.7 per cent to 153,223 units

Ø Wockhardt in talks with global vaccine firms for contract manufacturing

Mint

Ø Glenmark Pharma gets tentative nod from USFDA for cancer treatment drug

Ø Cochin Shipyard conducts steel cutting for Navy crafts

Ø India signs $132.8-m loan agreement with ADB to strengthen Meghalaya’s power

Ø M&M posts 56% increase in tractor sales in November

Ø Himadri Group enters e-mobility solutions

Ø CCI approves acquisition of Rivigo by Warburg-managed entities

Ø Flipkart India cuts losses, reports revenue of ₹34,610 crore in FY20

Ø Tata Motors vehicle sales up 21% to 49,650 units in November

Ø Rupee ends at more than one month high against USD

Ø Nasdaq plans to require more diversity on listed company boards

Ø Corporate bond issuance up 25% to ₹4.4 tn in 1st half of FY21: Finance Ministry

Financial Express

Ø Yes Bank aims to disburse Rs 10,000 cr retail, MSME loans in December quarter

Ø Reliance Capital continues to default on term loan payments to HDFC, Axis Bank

Ø GST collection in November crosses Rs 1 lakh crore mark for second time since April

Ø Moderna says its COVID-19 vaccine shows 100% success against severe cases
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...