Corporate Snippets on July 29
Ø World’s 2nd most tracked stock is from India - ICICI Bank
Ø GDP growth to lose steam from Q3: Report
Ø Sunil Mittal wants Govt. to save India's tattered telecom sector
Ø India's GDP growth to lose momentum from third quarter : Oxford Economics
Ø Govt. proposes to hike confinement expenses payable under ESIC scheme to Rs 7,500
Ø Indian refiners cuts crude processing as fuel demand dips, margins fade
Ø Reliance to pay up to Rs 27,000 cr for Future Group retail chains: Report
Ø UltraTech Cement June quarter profit down 36 per cent to Rs 806 cr
Ø YES Bank's PBT falls to Rs 60 crore in June quarter, NII dips 16.3%
Ø NSE extends withdrawal date of NOW platform following several requests
Ø IndusInd Bank Q1 net profit falls 68% to Rs 461 cr on higher provisioning
Ø NSE introduces trading of T-bills, SDLs in capital market segment
Ø Govt. notification allows NRIs to pick up 100 per cent stake in Air India
Ø Bharat Electronics’ order book at ₹53,752 cr
Ø Nestle India Apr-June net up 11 per cent to ₹486.60 cr
Ø Tata Steel to soon commission first scrap-based plant
Ø Nissan warns of record loss as pandemic hits turnaround
Ø LIC IPO: Govt. picks Deloitte, Edelweiss as pre-IPO transaction advisors
Ø Cognizant to acquire Microsoft cloud native company New Signature
Ø RBI’s forecast on NPAs has often missed the mark
Ø IndusInd Bank Q1 net profit falls 68%; to raise ₹3,288 cr via Pref Issue
Ø ECB tells banks not to pay dividends until Jan 2021 over virus crisis
Ø Fed extends crisis lending programs three months to Dec 31
Ø World economy’s sputtering recovery threatened by flaring coronavirus
Ø IMF Okays $4.3 billion emergency loan to South Africa
Ø RBL Bank Q1 net profit declines 47 pc to Rs 141 cr on higher provisioning
Ø Gold soars to record high as dollar drops
Ø Sensex rallies over 550 points, Nifty tops 11,300-mark
Ø Oil prices edge higher on expected US stimulus, weak dollar
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