Wednesday 16 December 2020

@AlliesFin Serve Stock Market's Post

Economic Times

 

Business Standard

Ø  Draft dividend payout norms unlikely to significantly impact most NBFCs: Report

Ø  Independent directors must be pro-active to ensure cos function in socially responsible manner: CAG

Ø  Projects worth Rs 44 lakh crore under implementation under National Infra Pipeline: Nitin Gadkari

Ø  Bharat Petroleum Corporation to consider buying out Oman Oil's stake in Bina refinery

Ø  Exports dip 8.74% in November, trade deficit at 10-month high

Ø  Cabinet likely to consider spectrum auction proposal

 

Ø  FSDC deliberated on challenges in transition from Libor-based contracts

Ø  Restarting stalled mines can help achieve $5 trn economy target: Agarwal

Ø  Allow insurance, pension funds to invest in lower-rated debt: SBI chief

Ø  Securities Appellate Tribunal stays Sebi's Rs 6-crore fine on NSE

Ø  Oil prices rise above $50 as Covid vaccine optimism offsets new lockdowns

Ø  Majesco declares interim dividend of Rs 974 per share after sale of US arm

Business Line

 

Mint

Ø  Indian chemical sector can emerge as global manufacturing hub: Gowda

Ø  Farmers’ protest may impact economic recovery: CII

Ø  Garment makers want GST to be cut to 5% from 12%

Ø  NMDC submits buyback offer letter to BSE

Ø  Mahindra arm Ssangyong misses repayment of loans worth ₹408 cr

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

 

Ø  Industry, govt have to work together to make India a $5-trillion economy: Goyal

Ø  Disinvestment to gain momentum now: Nirmala Sitharaman

Ø  Embassy REIT, PNB and IDBI Bank launch share sales to raise up to $1.7 billion

Ø  Potential Air India-Tata deal raises hopes of consolidation in aviation

Ø  Auto industry suffered ₹2,300 cr loss per day during lockdowns: Par Panel

Financial Express

 

DNA

Ø  Mukesh Ambani says will provide technology tools for COVID-19 vaccination drive

Ø  Doors of CCI & NCLAT must be kept wide open in public interest: Supreme Court

Ø  Future Enterprises Ltd plans to prepay NCDs from proceeds of Rs 24,713 crore deal with Reliance

 

Ø  Inflationary woes: India's wholesale inflation rises to 1.55% in November

Ø  Google says 3 days a week in office, rest can be WFH: Report
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...