Wednesday 13 January 2021

@AlliesFin Serve Stock Market's Post

*Economic Times*
*Business Standard*

Ø  CPI inflation eases to 4.59% in Dec; IIP contracts 1.9% in November
Ø  Domestic hospitality industry to contract by 65 per cent in FY21: Report
Ø  India to set up $ 1 billion financial facility for academic collaboration with Arab World
Ø  BMW Motorrad sales increase 7 per cent to 2,563 units in 2020
Ø  Realme taps two Indian manufacturers for its smart televisions
Ø  PE fund TA Associates acquires OmniActive Health
Ø  IRDAI proposes extension of regulatory sandbox guidelines by 2 years
Ø  United States says India's digital services tax is discriminatory
Ø  Karnataka Bank third quarter net profit rises 10% to Rs 135 crore
Ø  Blackstone's Aadhar Housing may file $1bn IPO prospectus in India soon
Ø  Tata Chemicals in advanced talks for Archean's industrial salt unit
Ø  SJVN board approves plan to raise up to Rs 2,000 cr via bonds, debentures

*Business Line*
*Mint*

Ø  AAI approves Adani’s takeover of MIAL
Ø  FinMin says ‘no’ to anti-dumping duty on carbon black imports from China, Russia
Ø  India Inc’s overseas borrowings back on track
Ø  Bharat Biotech signs agreement with Precisa Medicamentos for supply of COVAXIN in Brazil
Ø  Tesla opens India subsidiary
Ø  RPP Infra Projects JV bags ₹232-crore road order
Ø  VComply raises $6 million in Series A from Counterpart Ventures and Accel
Ø  RBI imposes ₹2 crore fine on Deutsche Bank for non-compliance of various norms
Ø  Elon Musk's Tesla opens India entity in Bengaluru, names three directors
Ø  Byju’s to acquire Blackstone-backed Aakash Educational Services for ₹7,300 cr
Ø  PFC to raise ₹10,000 crore through bonds issue; 1st tranche to open 15 January

*Financial Express*
*Deccan Chronicle*

Ø  M-cap of BSE-listed companies at all-time high of Rs 197.46 lakh crore
Ø  TCS to acquire GE’s stake in TCS Saudi Arabia
Ø  Future-RIL deal: Amazon moves Delhi HC’s division bench for relief
Ø  Cities key to India's post-pandemic growth: WEF study
Ø  Supreme Court stays implementation of 3 controversial farm laws
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...