Monday 5 April 2021

@AlliesFin Serve Stock Market's Post

Business Standard
Ø Banks sanctions Rs 25,586 cr to 1.14 lakh Stand-Up India accounts in 5 years
Ø RIL plans global payments play via NUE
Ø IL&FS receives Rs 693 crore as settlement claims from NHAI
Ø Government to slap recovery notice on Vedanta's Cairn after Delhi High Court judgment
Ø Year-end pressure hits fund transfers via IMPS, UPI in millions
Ø RIL-BP seek buyers for 5.5 mmscmd KG-D6 gas

Ø SC order on interest waiver: PSU Banks may have to take Rs 2,000 cr hit
Ø GST to be levied on underlying goods/services in gift vouchers, rules AAAR
Ø Contributed over Rs 34K cr to Indian exchequer in FY20: Vedanta Resources
Ø Trai considers survey to asses if tariff plans meet customer needs
Ø Mutual funds turn net buyers, invest Rs 2,476 crore in equities in March
Ø Private equity firms value SP Group stake in Tata Sons at hefty discount
Business Line

Mint
Ø Market value of UK’s FDI in India surpasses the US’: RBI Census
Ø Income Tax Department notifies changes in audit report
Ø Suzuki Motor Gujarat starts third plant with 2.5-lakh-units capacity
Ø Reliance gets shareholders’, lenders’ nod to spin off O2C biz
Ø TASL, TML to work closely for smooth transition after slump sale
Ø JLR to undertake 10 product actions in Indian market in FY22

Ø Bank unions threaten prolonged strikes against privatisation
Ø Johnson & Johnson takes over at emergent vaccine plant with aid from Biden
Ø Saudis hike oil prices for key Asia market in sign of confidence
Ø H&M forced to shut 20 stores in China over remarks on Xinjiang cotton: Report
Ø Eight of top-10 most valued companies add ₹1.28 lakh crore in m-cap
Ø IMF, World Bank, G-20 to hold meetings this week to assess global economy damage
Financial Express

Deccan Chronicle
Ø Forex reserves fall by USD 2.986 billion to USD 579.285 billion
Ø Exports surge a record 58% year-on-year in March to $34 billion

Ø GST mop-up hits record Rs 1.23 lakh crore in March.
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...