Monday 15 March 2021

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø Bank credit grows by 6.63%, deposits by 12.06%

Ø ONGC's share in India's oil, gas production jumps to 70% from 53% 10 years back

Ø Need to limit, streamline independent directors' liability: CII to govt

Ø Bharti Realty to operate two million sq ft under asset management model

Ø Agri financing picks up pace in fourth quarter as procurement begins

Ø Drastic changes in monetary policy framework can upset bond market: Rajan



Ø India FX reserves surpass Russia's to become world's 4th biggest

Ø DPIIT to hold meetings with industry, trader bodies on FDI in ecommerce

Ø Govt to sell remaining stake in Delhi, Mumbai, B'lore, Hyderabad airports

Ø Axis Bank to acquire 9.9% stake in Max Bupa Health's promoter entity

Ø Sun Pharma, Dr Reddy's, Aurobindo recall products in the US market

Ø Bank credit is seen growing by 400-500 bps to 9-10% in FY22: Report

Business Line



Mint

Ø For better resource management, ONGC is ‘on track’ to merge MRPL and HPCL

Ø Power consumption grows 16.5 per cent in first 12 days of March

Ø Adani Ports wins Rs310 crore dredging deal from Deendayal Port Trust

Ø Govt plans independent entity under NIIF to act as investment manager for InvITs, REITs

Ø UltraTech Cement takes over 3B Binani Glassfibre



Ø BlackOpal group gets RBI's nod to start NBFC, raises $1.5 million

Ø RBI rejects Yes Bank's proposal to set up ARC

Ø Virgin Atlantic set to raise 160 million pounds in new financing

Ø No AMC has over 10% exposure to debt funds, says Crisil

Ø Thirty-six MF debt fund schemes in breach of Sebi's cap on riskier bonds

Ø Google will allow third party developers to build Tiles for Wear OS

Financial Express



Deccan Chronicle

Ø CAIT demands restoration of MSME status for 8 cr traders

Ø Power discoms in national capital seek progressive tariff rationalisation



Ø 30 per cent teaching staff in tech institutes may lose job

Ø Apple starts assembly of iPhone 12 in India
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...