Wednesday 17 March 2021

@AlliesFin Serve Stock Market's Post

Economic Times

 

Business Standard

Ø  RBI strengthening institutional mechanism to prevent bank frauds: FM

Ø  Bharat Forge forms special purpose vehicle to hold its EV business, future acquisitions

Ø  CSR funds not used for implementing govt schemes: MoS Finance

Ø  40% more jobs generated in current fiscal under MGNREGA: Govt

Ø  India's exports during March 1-14 up 17% at USD 14 billion

Ø  Performance of unsecured loans worsening, says India Ratings

 

Ø  Cabinet clears Bill on setting up DFI with capital infusion of Rs 20,000 cr

Ø  IOC to sell hydrogen plants to monetise non-core assets

Ø  Google halves Play billing fee to 15% for developers on first $1 mn revenue

Ø  Carlyle to sell 4% stake in SBI Cards

Ø  Ind-Ra revises fiscal year 2022 steel sector outlook to stable

Ø  Bain Capital-owned Diversey aims for $6.38 billion valuation in US IPO

Ø  Icra upgrades Titan's long term rating to 'AAA' with stable outlook

Business Line

 

Mint

Ø  Govt notifies vehicle recall policy, to be effective April 1

Ø  French shipping group ‘calls off’ plan to sell stake in Mundra terminal to Chinese firm

Ø  BPCL bets on clean energy, to hike share of gaseous fuel in total sales

Ø  IOCL declares ₹3 second interim dividend

Ø  Gland Pharma inks pact to supply 252 million doses of Sputnik V vaccine

Ø  GMM Pfaudler buys assets of HDO Technologies in liquidation

 

Ø  IndiGrid plans to raise up to ₹5,300 cr through term loans, NCDs

Ø  Goldman, Cerberus buy rare Indian junk-bond by Kesoram Industries offering 21%

Ø  Wipro, Tech Mahindra collaborate with Finnish firms to develop 5G in India

Ø  Suryoday Finance Bank raises ₹170 cr from anchor investors ahead of IPO

Ø  Godrej Properties raises ₹3,750 crore via QIP issue

Ø  Piramal Capital to raise up to ₹3,000 crore via NCDs

Financial Express

 

Deccan Chronicle

Ø  Rs 3 lakh cr boost for infra development: Cabinet OKs DFI, govt to leverage pension, sovereign funds

Ø  TCS launches platform to secure enterprises from cyber risk

 

Ø  Nationwide bank strike continues to impact PSB services on Day 2

Ø  A dozen countries suspend AstraZeneca shots over fears of blood clots

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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...