Wednesday 24 March 2021

@AlliesFin Serve Stock Market's Post

*Business Standard :*


Ø  Govt reintroduces clause on 5% withholding tax for FPIs

Ø  RBI defers applicability of limits on non-centrally cleared derivative exposures for banks

Ø  NCLAT closes insolvency proceedings against Jyoti Ltd after settlement with financial creditors

Ø  Govt raises PF threshold limit to Rs 5 lakh for earning tax-free interest

Ø  Saudi Aramco remains in discussion to pick stake in Reliance unit

Ø  India files appeal against Cairn arbitration award

Ø  Govt garners Rs 30,369 crore as dividend from PSUs so far this fiscal

Ø  Bank NPAs declined to Rs 5.70 trillion at December-end: Anurag Thakur

Ø  Oil tumbles 4% on concerns over Europe restrictions, vaccine rollouts

Ø  Bharti Airtel picks up stake in Avaada's solar company

Ø  Gas price for ONGC to inch up to $1.82, fall below $4 for Reliance-BP

Ø  Bharti Airtel picks up stake in Avaada's solar company

Business Line

 

*Mint :*


Ø  PF deposit threshold limit raised to ₹5 lakh for earning tax-free interest

Ø  JSW Steel raises ₹2,500 cr to fund BPSL deal

Ø  IMPAL to buy ZF UK’s stake in Brakes India for ₹70 crore

Ø  Ircon International expects ₹6,000-cr revenue

Ø  Glenmark Pharmaceuticals gets $40-million Covid loan from IFC

Ø  India, Afghanistan resolve to deepen economic and trade links

Ø  Supreme Court refuses to extend moratorium, allows compound interest waiver

Ø  Real estate worth $36 billion could be listed under REITs: JLL

Ø  Govt to raise nearly ₹755 crore by selling 15% stake in Rail Vikas Nigam

Ø  India Ratings upgrades long term issuer rating of JK Tyre to 'Stable'

Financial Express

 

*Business World :*


Ø  Niti Aayog to empanel transaction advisor for PSU assets monetisation, disinvestment

Ø  Microsoft eyeing Discord acquisition for more than $10 billion: Report

Ø  Adani Ports to acquire controlling stake in Gangavaram Port for Rs 3,604 cr

Ø  West sanctions China over Xinjiang abuses, Beijing hits back at EU
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...