Friday 18 December 2020

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø Indian companies' oil & gas output from overseas fields drops 11%

Ø Advance corporate tax mop-up jumps 49 per cent to Rs 1.09 lakh crore in Q3: CBDT source

Ø Natco Pharma launches anti blood clot medication, Rivaroxaban, in India

Ø L&T slated to win orders worth Rs 13,000 crore from HPCL JV: Sources

Ø India plans $60-bn investment in gas infrastructure: Dharmendra Pradhan

Ø PE/VC investments decline 27 pc in November at USD 3.9 billion: Report



Ø BPCL board approves buying out Oman Oil's stake in Bina refinery

Ø Icra narrows its GDP decline forecast for FY21 to 7.8% from 11% earlier

Ø S&P affirms Union Bank's long, short term rating, revises SACP to 'BB-'

Ø Sebi suggests relaxing of norms to boost listing of start-ups

Ø India's smartphone market up 42% in Oct with shipment of 21 mn units: IDC

Ø US jobless claims rise to 885,000 amid resurgence of coronavirus

Business Line



Mint

Ø ICRA assigns its first rating for electric bus project in India

Ø Tata Motors buys out Brazil’s Marcopolo S.A in bus JV for ₹100 crore

Ø DAC approves procurement worth ₹28,000 crore

Ø Sugar production up by 60% at 74 lakh tonnes till Dec 15

Ø BPCL likely to merge Bharat Oman Refineries after buying out

Ø Bombay Rayon hives off Tarapur unit as part of revival plan





Ø Pfizer hits snags registering vaccine for emergency use in Brazil

Ø Mutual fund assets to touch ₹50 lakh crore by 2025: Crisil

Ø RBI to conduct 3rd OMO purchase of SDLs aggregating ₹10,000 cr on Dec 23

Ø Walmart partners with TikTok to sell merchandise while livestreaming

Ø UK says chances of Brexit trade deal below 50%, despite EU optimism

Financial Express



Deccan Chronicle

Ø Govt to press ahead with PSU stake sale: FM Nirmala Sitharaman

Ø India’s economy showing signs of bottoming out: Credit Suisse

Ø Google wins EU antitrust nod for $2.1 billion Fitbit deal



Ø Apache to build a Rs. 70-crore leather industry in Pulivendula
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...