Top News that can effect today Indian Stock Market For Media House- 07th September 2020

Business Standard

Ø More than Rs 10 lakh crore loans may avail restructuring benefit: Bankers

Ø Small positive growth may not be ruled out in FY21, says Rangarajan

Ø Vodafone Group says no to infuse new equity in Voda Idea

Ø Tata Steel production back at 100 pc capacity, says T V Narendran

Ø Thriveni Earthmovers bags Rs 31,428 cr contract to develop, operate NTPC’s coal mine in Chhattisgarh

Ø Japanese bank MUFG takes on lease 30,000 sqft space at BKC from Adani Realty

 

Ø Telecom, automobile companies lead earning downgrades, shows data

Ø BPPI Q1 sales turnover up 94.21% to Rs 146.59 cr amid Covid-19 crisis

Ø Biocon set for bigger insulin play, aims to reach one in five diabetics

Ø HDFC clears Rs 47,000 cr loans to 200,000 home buyers under subsidy scheme

Ø PNB fraud: Nirav Modi’s extradition trial to resume in UK court on Monday

Ø Lakshmi Vilas Bank plans to raise Rs 1,500 crore to fund biz growth

Business Line

 

Mint

Ø India’s commitment to reform being taken seriously by foreign investors: FM

Ø Nod for trials of Bt Brinjal varieties revives GMO concerns

Ø Borrow more to stimulate demand, revive economy: Chidambaram to Government

 

Ø Axis Global Equity Alpha FoF is diversified option, consider existing fund also

Ø Draft guidelines on advertising released

Ø Govt asks auto industry to cut imports, raise exports

Ø RIL details plan to carve out O2C assets

 

Financial Express

 

Deccan Chronicle

Ø Hinduja Global Solutions Q1 net profit up 21.7% at Rs 49.2 cr

Ø SBI moots voluntary retirement scheme to optimise costs, about 30,000 employees eligible

Ø Crude output dips 6.1% in FY21, gas hit harder

 

Ø Amul forays into edible oil segment, to invest Rs 1,500 crore for processing plants

Ø Aatmanirbhar Shipping: Centre asks major ports to use only Indian made tug boats