02-09-20 TOP NEWS HEADLINES

2nd September 2020

Economic Times
 
 ❇️ Telcos given 10 years to pay up. AGR dues 
 ❇️ India’s debt burden will increase: Moody’s
❇️ Adani Green ranked world No. 1 solar firm
 ❇️ ZEE to launch film distribution platform
 ❇️ India to release forensic accounting standards
 ❇️ Indo-Japan-Aus to launch supply chain drive
 ❇️ Supreme Court directs DoT to assess AGR dues based on trading pacts, raise demands in six weeks

Business Standard
 
 ❇️ India ready to sign limited trade deal with US anytime, says Piyush Goyal
❇️ Coal India to invest over Rs 1.22 trillion by 2023-24: Coal minister
❇️  Sebi revises disclosure norms for debt, money mkt securities transactions
❇️ ONGC June quarter profit dives 92% as oil, gas price slump to decade low
❇️ Videocon Industries promoters seek fresh package for debt restructuring

Business Line

❇️ Renault reports 41% increase in sales during August
❇️ GMR plans to consolidate airports business
❇️ Bharti Infratel to go ahead with Indus Tower merger
❇️ Dawn of new margin system begins with chaos
❇️ UPI transactions near ₹3-lakh-crore mark in August
❇️ Govt gives green signal to 27 cold-chain projects
❇️ Maruti Suzuki sales up 22% in August
 
Mint

❇️ Car sales grow 17% in August on rural demand, stock building for festive season
❇️ GST Collections in August 12% down at ₹86,449 crore
❇️ Hero MotoCorp sees robust recovery in August wholesales as rural demand improves
❇️ Bitcoin miner scoring 700% profits selling energy to grid
❇️ Tesla to raise $5 billion through share offering

 ❇️ Govt approves Rs 25,215 crore RIL-Brookfield mobile tower deal
 

Financial Express
 
❇️ Global air passenger traffic falls by 79.8 per cent in July: IATA
❇️ Infosys plans to hire 12,000 American workers in two years
❇️ Bigbasket sees 84 pc jump in new customers in July vs pre-COVID

❇️ Demand for office space leasing falls 73% in first six months amid cramped supply
❇️ RBI rides to rescue, unveils steps to cool rising bond yields
❇️ Electricity output falls for sixth straight month in August
❇️ After five-month gap, manufacturing activity gains momentum in August

Compiled By : CS DEEPAK SETH