Friday 5 March 2021

@AlliesFin Serve Stock Market's Post

*Business Standard :*


Ø ICICI, HDFC, SBI will have to offload Rs 1.2 lakh cr if RBI caps stake in insurance arms: Report

Ø Indian merchants almost halt exports to Iran as its rupee reserves fall: Officials

Ø General Atlantic to sell 18% stake in KIMS Hospitals

Ø NBCC signs MoU with RINL to redevelop, monetise 22.19 acre land in Visakhapatnam

Ø Adar Poonawalla-led Rising Sun Holdings notifies CCI of Magma Fincorp Deal

Ø India asks OPEC+ to fulfill promise of stable oil prices

Ø RBI to conduct simultaneous sale-purchase of govt securities next week

Ø Asset growth at NBFCs, HFCs to jump in FY22: India Ratings report

Ø 85 tonnes of gold flowed out of ETFs in February as prices fell: WGC

Ø Financial stocks cornered over half of $3.56 billion FPI flows in Feb

Ø World shares track Wall Street decline as bond yields rebound

Ø US unemployment claims tick up to 745,000 as layoffs remain high

Business Line



*Mint :*


Ø ArcelorMittal Nippon Steel inks ₹50,000-cr pact with Odisha

Ø Cochin SEZ seeks more time to put house in order after GAIL exit

Ø First shipment of red rice exports to US flagged off

Ø EPFO keeps interest rate unchanged at 8.5% for FY21

Ø Welspun India's board approves raising up to $100 mn

Ø Wipro to acquire UK-based Capco for $1.45 million

Ø Franklin Templeton case should be probed by SEBI: AMFI

Ø Panel to review spectrum allocation plan on 5 March

Ø ICICI Bank targeting to serve 20 lakh customers of rival banks through app

Ø Indiabulls Housing Finance raises ₹1091cr via foreign currency convertible bonds

Ø MTAR Technologies IPO subscribed 10.27 times on the second day

Ø Oil dips near $61 ahead of key OPEC+ meeting on output policy

Financial Express



*Deccan Chronicle :*


Ø Spectrum buys to bolster telcos’ market position; balance sheets can absorb costs: Moody’s

Ø Jet Airways resolution process: MoCA, DGCA say no deemed approvals for slots

Ø Chinese hackers targeted India's power grid system through malware: Report

Ø SBI MF’s international fund to tap top S&P 500 firms
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...