Tuesday 6 April 2021

@AlliesFin Serve Stock Market's Post

Economic Times

 

Business Standard

Ø  ICRA warns of significant jump in bad loans in current fiscal year

Ø  U.S. service sector activity index jumps to record high in March: ISM survey

Ø  Housing sales up 44 per cent in January-March 2021 across 8 cities: Report

Ø  J.P. Morgan ties up with BillDesk for online payments partnership

Ø  NCL supplies 87 pc of total coal to power producers in FY21

Ø  JSPL reports a 20% rise in annual sales for FY 21, production up by 19% year-on-year

Ø  Radiance buys Azure's 152 MW solar rooftop assets

 

Ø  India attracts over $72 bn FDI in Apr-Jan FY21; Japan leads the list: Govt

Ø  Bank of India to allot preferential shares to govt for Rs 3,000 crore

Ø  Oil prices drop below $64 as rising OPEC+, Iranian output weighs

Ø  Byju's acquired Aakash Edu Services for nearly $1 bn over a Zoom call

Ø  CareerLabs raises $2.2 mn from Rocket Internet's VC fund GFC, others

Ø  US FDA nod to Teva for key specialty product to weigh on Sun Pharma

Ø  HDFC Bank's advances grow 14% YoY in Q4; sequentially up 4.6%

Ø   

Business Line

 

Mint

Ø  Manufacturing PMI falls to 7-month low of 55.4 in March

Ø  Marico expects low double-digit bottomline growth in Q4 of FY21

Ø  Radiance Renewables acquires solar rooftop assets of Azure Power for ₹536.5 crore

Ø  CareerLabs secures $2.2 million in new financing round

Ø  BEL bags 12 Green Channel Certificates for 41 products

Ø  iD Fresh Food revenue up 23.5% at ₹294 crore in FY21

 

Ø  Govt amends insolvency law; introduces pre-packaged resolution process for MSMEs

Ø  NHAI files draft prospectus for first InVIT; plans to raise at least ₹5,100 cr

Ø  India well-armed to combat downside risk of second covid wave: Finance Ministry

Ø  Russia’s revival is an opportunity for EM investors

Ø  Shriram Properties to file draft papers for ₹800 crore IPO

Financial Express

 

Deccan Chronicle

Ø  RBI’s MPC starts deliberating on next monetary policy

Ø  Sugar sales hit due to COVID-19; cooperative mills seek more time to clear unsold quota: NFCSF

 

Ø  Adani Ports acquires residual 25 pc stake in Krishnapatnam Port for Rs 2,800 cr

Ø  LG to exit loss-making mobile phone business worldwide
By: via @AlliesFin Serve Stock Market

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