Tuesday 29 December 2020

@AlliesFin Serve Stock Market's Post

Economic Times

Ø Rs 3,500 crore sugar subsidy to help sustain exports at last year's level: Crisil

Ø Bangladesh reduces import duty on rice to 25%

Ø India office leasing continues recovery; Q4 absorption up 52% sequentially

Ø Axis Bank prunes overseas presence as it consolidates local business

Ø Dixon Technologies arm inks deal with Motorola Mobility LLC for manufacturing of smartphones

Ø India to benefit from shifting of global supply chains from China: Survey

Ø Container shortage affecting shipment schedules: TEXPROCIL

Ø Sebi's one-time settlement scheme for entities to end on Thursday

Ø DLF's rental subsidiary plans to put 'One Horizon Center' in REIT

Ø Tata Power subsidiary inaugurates 5 kilowatt biogas plant in Bihar

Mint

Ø Appellate body upholds I-T relief to 3 Tata Trusts

Ø CCI requests farmers to bring cotton crop in phased manner

Ø Rubber board to conduct Dry Rubber Content test training

Ø APSEZ-Terminal Investment JV raises $300 million in bonds to refinance debt

Ø Hero Electric partners with eBikeGo for last-mile connectivity

Ø Chinese regulators order Ant Group to rectify its businesses

Ø RBI paper, co-authored by MPC member, argues for inflation target at 4%

Ø Bitcoin on longest winning run since 2019 after topping $28,000

Ø PE firm Apax to acquire 3i Infotech’s software products business for Rs1,000 cr

Ø Debt recasts by banks to be lower than estimated at 2.5-4.5% of loans: Icra

Financial Express

Ø India’s mining sector to witness reforms, flurry of activities in 2021

Ø No takers for 18-GW solar power projects

Ø Gross NPAs of banks may rise to 10.1-10.6% by March 2021: Icra

Ø Skyroot Aerospace becomes first Indian company to test-fire solid-fueled rocket engine

Ø Tesla to start operations in India next year: Nitin Gadkari
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...