GOODWILL BUSINESS DIGEST

  • Oil inches higher but gains capped  by widening  economic impact of corona virus
  • Bloomberg President Michael says will sell it if he wins in U S elections
  • Yahoo Finance: Neutral on Glenmark,  Buy Ashok Leyland for a target of Rs 100
  • Jet AIRWAYS: CoCdecides  to extend deadline  for bids to 10/3/20 as Russian Funds shows interest .
  • RBI Governor: Focus on growth intact: will not let NBFCs fail
  • ONGC stock plunges- 15 year low- below 100 Rs
  • Sugar output drops 23 % till Feb 15th.Exports may cross 5 Mn ton mark
  • At 292 Mt, Country set to reap bumper crop in 2019-20
  • KM Birla, CEO RavinderTakkar of Vodafone Idea meet telecom secretary amid AGR turmoil
  • No more coal imports by Power plants from FY 24: Coal Minister
  • Budget Tax proposals- a fine balancing act: Revenue Secretary
  • In revamp mode, HSBC to take $ 7.3 bn charge; axe 35000 jobs;
  • India pushes for permissible subsidies for fisheries at WTO
  • Hero Motor corp. to invest Rs 10 K Cr over next 5-7 years
  • JSW Steel bags 3 mines in Odisha
  • RIL consolidates media , distribution business
  • KCP Group’s V L Dutt dead
  • Hiduja’s Gulf Oil joins hands with Pitshop
  • GFG Alliance acquires AdhunikMetaliks, Zion Steel
  • No signal from Govt. as Voda-Idea brass knockson DoT door
  • Indices fell for the 4th day on global cues but up today
  • PFC-REC merger stuck, Govt looks to PSUs to pick up stake
  • Walmart sees slower online growth in sales
  • FM vows swift steps says no major hit to supply line
  • Reliance, Aramco accelerate refinery stake sale talks
  • Lenders to extend inter-creditor agreement for Suzlon resolution
  • Virus attack dampens Apple’s sales-its suppliers, rivals could be hit due to virus
  • Nifty PSU banks’ Index nears 4 year low
  • Nifty: Yes bank to be removed, Shree Cement in
  • AUMs for Gold ETFs up  30 % in  a year
  • Keep away from Aviation stocks as the virus takes a toll on passenger traffic
  • Asset quality remains Achilles’ heel for Indusind bank
  • Indian Pharma has only 2-3 months stocks- Raw material demand

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