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Friday, 24 July 2020

24 July 2020 News

Corporate Snippets

Ø Flipkart Wholesale to pick up Walmart's Best Price
Ø The i in iPhone 11 now stands for India-made
Ø 'Expect I-T questions on Horlicks Deal Tax Math'
Ø India's pain eases as China resumes bulk drug supplies
Ø Growth may revive sooner than expected: Finance Secy
Ø Delhi moving towards herd immunity: CM
Ø PSU banks score home run with cheaper loans
Ø A golden opportunity for small borrowers
Ø 'Indian economy set for post-Covid rebound'
Ø Urban employment shoots up to 35%: CMIE
Ø First-ever container cargo from Kolkata via Bangladesh port reaches Agartala: MEA
Ø Wipro to acquire Salesforce partner 4C
Ø Reliance Jio tops Trai's 4G chart with 16.5 mbps download speed in June
Ø Delay in reallocation of sugar export quota for 2019-20 worries industry, trade
Ø Finance secretary rules out any clarifications on equalisation levy
Ø SEBI allows OFS, rights entitlement transactions during trading window
Ø Sitharaman reviews capex of seven CPSEs under three key ministries
Ø UK Govt. cannot set timeline for Vijay Mallya's extradition to India: Envoy
Ø ArcelorMittal's holding firm starts ops at Odisha's Thakureni iron ore mining
Ø SpiceJet faces rough weather
Ø Britannia plans a slew of vitamin-richfortified products
Ø ‘Paytm will be launching stock-broking services soon’
Ø PSU stake-sale needs a rethink
Ø Upfront margin in cash market to start next month, but brokers unprepared
Ø HDFC Asset’s Q1 profit up 4per cent on lower cost
Ø How SEBI’s move to improve transparency will benefit investors in short-term debt funds
Ø IRDAI lays out norms for share transfer of insurance companies
Ø Finance Ministry sees a ‘V-shaped recovery’ for Indian economy next year
Ø India has the potential to become the factory of the world: Piyush Goyal
Ø Unilever to retain tea businesses in India, Indonesia
Ø Lower sales to hit steel companies operating margins this fiscal: CRISIL
Ø Zydus Cadila gets USFDA nod for drug trials to treat chemotherapy-induced anemia
Ø Amazon in talks to buy 9.9% stake in Reliance retail arm: Report
Ø Cipla set to launch Favipiravir drug for treatment of Covid-19 patients
Ø 81 stressed housing projects approved under Special Window fund
Ø 'Online lending firms looking at $20-$40 bn in disbursal over next 5 years'
Ø Brinton Pharmaceuticals gets DCGI nod to market favipiravir drug
Ø Govt sees V-shaped recovery in FY22
Ø Future Retail dollar bonds slump
Ø Rs. 500-cr turnover: E-invoicing for GST from Oct 1
Ø Unlike other carriers, no staff of ours will be laid off, says AI
Ø Amazon India sets up 10 new wareehouses to expand storage capacity
Ø Wirpo to acquire Salesforce partner 4C for Euro 68 million
Ø Reliance breaks into top 50 most valued cos globally, ranks at 48
Ø Non-personal data in raw form needs to be shared with competition: Govt
Ø Green shoots of recovery to sprout faster in non-metro markets: EY 
Ø India’s sugar production likely to go up 12% to 30.5 mn tonnes in SY2021: ICRA
Ø Arab economies to shrink by 5.7% amid coronavirus fallout, says UN report
Ø India’s growth rate may dip to -6 to -9 per cent current fiscal: Subramanian Swamy
Ø India plans to offer production linked incentives for five sectors
Ø Tesla makes $104 million surprise profit despite factory shutdown
Ø 78% Indian consumers cut spending amid COVID-19 crisis: KPMG
Ø Pfizer, BioNTech reach $1.95 billion COVID-19 vaccine deal with US

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