Wednesday 17 February 2021

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø India's Q3 GDP growth at "mild and uneven" 0.7%: ICRA

Ø NBFCs' stressed assets may touch Rs 1.5-1.8 lakh crore by March-end: Report

Ø Nestle’s e-commerce sales surge to more than double over last year

Ø Govt could raise Rs 28,600 crore if it fully exits Bank of India & IOB: CARE Ratings

Ø Denmark plans to explore setting up of wind energy hubs in India

Ø FMCG industry grows 7.3% in Oct-Dec, rural sales up 14.2%: Nielsen



Ø Govt set to clear new Chinese investment proposals in coming weeks: Report

Ø Tatas to buy 68% in BigBasket for Rs 9,500 cr, deal likely in 4-5 weeks

Ø Sitharaman addresses RBI board, explains priorities of government

Ø Credit default swaps to be reported in 30 minutes with deal intent: RBI

Ø ICICI to buy over 9% stake in fintech startup Thillais Analytical Solutions

Ø Ashok Leyland picks 26% stake in Prathama Solarconnect for Rs 19 cr

Business Line



Mint

Ø RBI board reviews current economic situation

Ø India’s exports to US decline 11.3% in 2020, register record growth in December

Ø Adani Ports, JM Baxi Group co among firms to submit bids for building stations

Ø Oil PSUs spent ₹34,000 crore on BS-VI upgrade: Pradhan

Ø IRFC open to fund extended network of ‘bullet train’

Ø Adani Ports completes acquisition of Dighi Port for ₹650 crore



Ø Cairn Energy files case in US to push India to pay $1.2 billion award

Ø L&T Finance’s ₹3,000 cr rights issue oversubscribed

Ø Bitcoin races past $50,000 as crypto asset goes mainstream

Ø RailTel IPO subscribed 2.6 times on Day-1 led by retail investors

Ø Nureca IPO subscribed 14.77 times on second day

Ø Gibraltar Technologies buys HCL Infotech for ₹147 crore

Financial Express



Deccan Chronicle

Ø January exports growth hits 22-month high: Commerce ministry data

Ø RBI permits residents to make remittances to IFSCs under LRS

Ø Infosys McCamish acquires platform from STEP Solutions



Ø Chinese investor in Koo's parent firm on way out

Ø Amazon to make Fire TV sticks in India

Ø Tata Electronics to set up component-making plant in TN

Ø Govt to bring amendments to two Acts to enable privatisation of PSU banks
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...