Wednesday 12 May 2021

@AlliesFin Serve Stock Market's Post

*Business Standard :*


Ø  Moody's cuts India's GDP growth forecast to 9.3 per cent from 13.7 per cent for fiscal 2021

Ø  Ambitious target of $400 bn exports can be achieved this year: Piyush Goyal

Ø  Jio pips Airtel in February user adds, Vi adds subs after 15 months: Trai

Ø  Microfiance sector seeks RBI's additional support to combat COVID-19 second wave

Ø  Tata Motors reviewing CCI order on probe against commercial vehicle business

Ø  Indian oil refiners cut processing, imports as pandemic reduces demand

Ø  Nomura cuts FY22 GDP growth estimate to 10.8% due to Covid lockdowns

Ø  Sebi plans to ease post-IPO lock-in for promoters, amend key definition

Ø  Analysts downgrade IndiGo as second Covid wave weakens outlook

Ø  Govt ready for another cut in import duty on steel to tame prices

Ø  Sebi makes dividend distribution policy must for top 1,000 listed cos

Ø  KFIN Tech buys 17% stake in Artivatic.ai, gets foot into insurtech space

Business Line

 

*Mint :*


Ø  JSW Hydro Energy raises $707 million via maiden green bond

Ø  India Inc records 161 deals in April

Ø  India’s renewables growth halved to 5.62 GW in 2020

Ø  Chola MS Insurance posts ₹374-crore PBT in FY21

Ø  NYSE-listed Startek prunes net loss to $12.2 million in first quarter

Ø  Granules India Q4 net up 38 per cent at ₹128 cr

Ø  Sebi proposes rationalising 'promoter group' definition'

Ø  Mahindra expects 15-20% fall in Q1 sales due to second covid wave

Ø  Blackstone-backed Sona BLW receives SEBI nod for Rs6,000 crore IPO

Ø  Cairn Energy says steps to realise arbitration award against India being taken

Ø  Mark Mobius says inflation threat won’t go away anytime soon

Ø  Jaypee Infra insolvency: NBCC submits revised bid

Financial Express

 

*Business World :*


Ø  India contracts for 56 lakh tonne sugar export; to conclude deals for rest 4 lakh tonne soon: AISTA

Ø  Groww to acquire Indiabulls MF for Rs 175 cr

Ø  JSW Steel’s crude steel output jumps to 13.71 LT in April

Ø  Ruchi Soya To Acquire Biscuits Biz From Patanjali Natural Biscuits For Rs 60cr

Ø  Rupee Pares Losses To Close Flat At 73.34 On Dollar Sale By Exporters

Ø  Gold Declines Rs 212; Silver Tumbles Rs 973

 
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...