Friday 12 February 2021

@AlliesFin Serve Stock Market's Post

Economic Times
 Ø  Targeting to conclude BPCL strategic sale by June: DIPAM Secretary
Ø  Larsen & Toubro wins metro contract in Mauritius
Ø  Government to spin-off NDR into separate co to boost oil, gas exploration
Ø  Government seeks Parliament nod for additional gross expenditure of Rs 6.28 lakh crore
Ø  BFSI has among the best risk management practices: ICICI Lombard
Ø  Gems, jewellery exports dip 7.8 pc to USD 2.7 billion in January: GJEPC
Ø  ITC consolidated net profit declines 11.4% to Rs 3,587 crore in Dec quarter
Ø  Data traffic in India increased 60 times in 5 years, says Nokia report
Ø  Karur Vysya Bank Q3 profit up 133% at Rs 35 cr, net NPA down at 2.55%
Ø  Sebi allows Thomas Cook to withdraw buyback offer, cites Covid impact
Ø  Sebi examines feasibility to introduce freight derivatives contracts
Ø  Oil India reports higher Q3 profit over significant tax reversal
 
Mint
Ø  Passenger vehicle sales in January grow 11% YoY to 2,76,554 units
Ø  Finance Bill fineprint can squeeze firms’ working capital
Ø  Economic recovery allaying fears over banks’ asset quality: Moody’s
Ø  ACC net up 73% in Dec quarter on tax write-back
Ø  MRF’s Q3 profit more than doubles to ₹512 cr
Ø  Ashok Leyland posts ₹19-cr loss in Q3 on VRS cost
Ø  Grofers mulls indirect listing in US via SPAC route
Ø  Govt paves way to allow FPIs to debt finance REITs, InvITs
Ø  Piramal Enterprises Q3 profit up 10% at ₹799 crore
Ø  Yield on 10 year G-sec falls back to below 6%
Ø  Ashok Leyland reports net loss of ₹19.4 cr in Q3FY21
Ø  EU rebuffs UK call to reset their post-Brexit relationship
Ø  Sun Pharma settles whistle-blower complaints, to pay ₹ 2.36 crore

Financial Express
Ø  Malaysia’s economy posts biggest annual decline since 1998 crisis
Ø  Growth prospects to drive India’s rating: Fitch
Ø  Petrol, diesel prices at fresh highs as rates up for 2nd straight day
Ø  Amazon moves Supreme Court in Future-Reliance deal dispu
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...