Monday, September 28, 2020
5m | Sep 28, 2020Top Things To Know Today Morning:
- The Indian stock market is expected to open in the green.
- Oil edges lower as rising virus cases cloud demand recovery outlook.
- RBI is likely to keep interest rates unchanged.
- Centre violates GST compensation law, says CAG report.
- India's economy to experience record contraction in 2020-21: S&P
- India's crude steel output falls over 4% to 8.48 MT in August.
- India's forex reserves up by $3.378 billion to record $545.038 billion.
Stock Specific News:
- Harley Davidson and Hero MotoCorp are likely to sign a distribution partnership in the coming days, said sources.
- JSW Solar has received a Letter of Award for total blended wind capacity of 810 MW.
- Central Bank of India closed its QIP by raising Rs 255 crore, sets issue price at Rs 15.38 per share.
- CEAT board has approved raising up to Rs 250 crore via NCDs.
- SBI Funds Management has increased stake in Cummins India to 7 percent.
- Ajanta Pharma's promoter Aayush M Agrawal has created a pledge on 30,000 shares.
- Lakshmi Vilas Bank said that its Liquidity Coverage Ratio is currently at 262% as compared to a minimum 100% required by the RBI.
- Reliance Retail gets subscription amount of Rs 7,500 crore from Silver Lake for 1.75% stake.
- NALCO has signed an agreement with Numaligarh refinery for long-term supply of CP Coke to ensure raw material security.
- Thomas Cook has withdrawn the proposal of share buyback due to Covid-19.
India Business News
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