Thursday 25 February 2021

@AlliesFin Serve Stock Market's Post

*Business Standard :*


Ø Cabinet approves PLI scheme for pharma

Ø Mexico's Grupo Bimbo buys iconic bread brand Modern Foods

Ø Reliance prices coal gas from Madhya Pradesh at minimum USD 6

Ø Nirav Modi extradition case to come up on Thursday

Ø Number of ultra-high networth individuals to rise 63% to 11,198 in 5 years in India: Report

Ø Power Ministry reduces discom penalties to 5% over SBI lending rate

Ø Sebi, Finmin seek detailed report from NSE as trading halts due to glitch

Ø PM Modi says govt committed to selling non-strategic PSUs

Ø India's foodgrain production to rise 2% in 2020-21: Government

Ø Indian corporate bond market can double March 2025 : Crisil

Ø SoftBank-backed Berkshire Grey to go public via $2.7 bn SPAC deal

Ø Piramal Enterprises sets up new alternative fund management business

Business Line



*Mint :*


Ø Cabinet approves PLI scheme worth ₹7,350 cr for laptops, tablets, servers

Ø IOC to set up fuel ethanol, EV battery plants

Ø ReNew Power inks pact to merge with RMG Acquisition Corp II

Ø Strides gets USFDA nod for Ibuprofen OTC oral suspension

Ø NMPT signs 7 MoUs with stakeholders

Ø NTPC inks pact to buy GAIL's 25.1 per cent stake in RGPPL

Ø NSE halts trade for 4 hrs due to tech snag, markets rise 2% in extended session

Ø Govt allows private sector banks to participate in all govt businesses

Ø Govt to set up national asset monetization pipeline for sale of CPSE assets

Ø CBDT issues refunds of over 1.95 cr to more than 1.93 cr taxpayers in FY21

Ø Bidders for PSBs should have deep pockets: RBI

Financial Express



*Deccan Chronicle :*


Ø India’s foodgrain output to rise 2% in 2020-21 to record 303.34 million tonnes: Govt

Ø Hong Kong to spend $15.4 billion to stabilise coronavirus-ravaged economy

Ø German economy grew 0.3% in Q4, better than thought

Ø IT sector continues to see sequential growth in hiring in January: Report

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...