12 May 2021
Economic Times
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
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
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
