Thursday, 23 July 2020

23 July 2020 News and Updates

23rd July 2K20

Economic Times

Ø  India, US have ability to shape larger global agenda: Jaishankar on bilateral ties
Ø  Coal India may not sign new supply agreements with customers terminating existing ones
Ø  Nations have sovereign right over data: Prasad
Ø  Glenmark's favipiravir shows promise in trial
Ø  Supreme Court orders Income Tax department to refund Rs 833 crore to Vodafone Idea
Ø  CCI approves acquisition of Krishnapatnam Port Co by Adani Ports and Special Economic Zone

Business Standard
 
Ø  L&T's PBT declines 66% to Rs 894.46 cr in June qtr, revenue falls 28%
Ø  Govt's Zero MDR move has hit payments industry badly, says RBI committee
Ø  Market regulator directs MFs to trade corporate bonds on exchanges
Ø  Indian hedge funds lag market surge amid Covid spike and lockdown
Ø  US to pay $1.95 bn to Pfizer for producing 100 mn Covid-19 vaccine doses
Ø  Bajaj Auto's profit before tax plunges by 57% in Q1 as coronavirus bites

Business Line
 
Ø  India eyes access to American crude-oil storage facility
Ø  Cabinet to consider changes in Mining Act
Ø  54 per cent of potential car buyers prefer used cars: Olx study
Ø  Rallis India Q1 PAT up 53 per cent at ₹92 crore
Ø  Alembic Pharma Q1 profit rises to ₹319 crore
Ø  Network18 Media net loss halves to ₹60.6 cr in June quarter
 
Mint

Ø  India attracted $20-billion foreign investments amid COVID-19, says PM Modi
Ø  'Covid-19 has put hurdles in government’s strategic disinvestment plan'
Ø  Infosys launches solution to reskill American workforce for post-covid needs
Ø  Rossari Biotech to make stock market debut on Thursday
Ø  Future Retail misses interest payment on $500 mn bonds

Financial Express
 
Ø  India can attract global supply chains away from China: Mike Pompeo
Ø  Pandemic to bite deeply, GDP to shrink by 6 per cent in FY21: Report
Ø  Now, WhatsApp to work with banks, financial institutions to ease access to Pension, Insurance
Ø  JSPL returns to black; posts Rs 267.58 cr net profit in April-June

Deccan Chronicle

Ø  Retail investors flocking to stock markets amid COVID-19 crisis: SEBI Chief
Ø  India suspends refined palm oil imports, Nepal refiners struggle
Ø  Gold prices hit record high, crosses Rs 50,000-mark for first time
Ø  Yes Bank case: PMLA court refuses bail to Rana Kapoor
Ø  India lockdown dents CocaCola sales in June quarter

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