TOP FINANCIAL NEWS HEADLINES

03.09.2020
 
Business Standard

Ø  Global Innovation Index: India in top 50 
Ø  FM to meet heads of banks, NBFCs
Ø  Ashok Leyland looks at ways to de-risk biz
Ø  NCLT approves sale of IL&FS education arm
Ø  CBDT refunds Rs 98,625 cr till Sept 1
Ø  Vedanta submits binding offers for Videocon
Ø  DHFL: Audit reveals Rs 17K cr siphoned off

 
Ø  Electricity demand improves to 98% of pre-Covid-19 level in August: ICRA
Ø  Liquidation process can allow public auction of non-realisable assets: IBBI
Ø  India’s August gold imports doubles to hit eight-month peak: Report
Ø  Iraq seeks exemption from OPEC deal curbing oil production in Q1 2021
Ø  Unacademy turns into unicorn after SoftBank-led funding round
Business Line
 
Mint


Ø  Coal India reports first rise in monthly shipments since Feb
Ø  As Indians take to self-grooming, Philips India to ramp up DIY segment
Ø  Adani to adopt hub-and-spoke model for airports business
Ø  After 6 years of shut down, GSFC restarts Methanol Plant
Ø  NMDC’s logs good performance during August 2020
Ø  RattanIndia Group sells solar portfolio to GIP for ₹1,670 crore
 
Ø  US companies added just 428,000 jobs last month: Survey
Ø  Bretton Woods 3.0 puts the dollar’s dominance at risk
Ø  Isha, Akash Ambani, Raveendran debut on Fortune’s ’40 Under 40′ influencer list
Ø  Saudi to allow foreigners to invest directly in debt instruments
Ø  Coal India Q1 net down 55% to 2,077 cr
Financial Express
 
Deccan Chronicle


Ø  Cabinet approves signing of India-Japan pact on cooperation in textiles
Ø  Australia’s economy takes sharpest dive since the 1930s
Ø  CBIC gives time till Nov 30 for authorities to complete anti-profiteering related compliance
 
Ø  SC to Centre, RBI: Banks free to restructure loans, can’t penalise borrowers
Ø  Unilever pledges to eliminate fossil fuels in cleaning products by 2030
Ø  Gold imports in August doubles to hit 8-month peak as demand improves

Compiled By :- CS DEEPAK SETH