Monday, April 27, 2020

States seek GST compensation beyond 2022 to tide over Covid-19 crisis

State finance ministers, during a video conference on Monday, also discussed issues arising out of the lockdown, including the urgent requirement of some form of aid for micro, small and medium enterprises, which have been affected the most, besides relief for the services sectors.

from Economy-News-Economic Times https://ift.tt/2W2lL5s
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Top stocks in focus: Axis Bank, Ambuja Cements, UPL, HDFC Life, Adani Power, Reliance Industries

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

from India Infoline News Service https://ift.tt/3eWCM9S

Stock market news that you should not miss today

Here is the important stock market news to watch out for today.

from India Infoline News Service https://ift.tt/3eSSDWO

SGX Nifty indicates a flat opening for Indian markets

For today, expect consolidation as derivative contracts expiry on Thursday sees roll over pressure on the buying/selling side.

from India Infoline News Service https://ift.tt/3bJlivx

Banking

Mukesh Ambani-owned Reliance Industries, Paytm, capital market exchanges NSE and BSE are among top firms interested in securing licences to own and operate an entity with powers at a par with National Payments Corporation of India (NPCI), multiple sources aware of the development told.

from Banking/Finance-Industry-Economic Times https://ift.tt/35ffGXA

Banking

India’s fourth-largest private sector bank will become a strategic partner of the life insurance firm, in which Max Financial will eventually hold 70% after a two-stage transaction.

from Banking/Finance-Industry-Economic Times https://ift.tt/2W9QKg2

Oil prices slide again as world runs low on storage capacity amid plunge in demand

In a sign of the energy industry's desperation for places to store petroleum, oil traders are resorting to hiring expensive U.S. vessels to store gasoline or ship fuel overseas, shipping sources said.

from The Hindu - Industry https://ift.tt/3aInbav

RBI’s call to form payments entity catches India Inc fancy

Mukesh Ambani-owned Reliance Industries, Paytm, capital market exchanges NSE and BSE are among top firms interested in securing licences to own and operate an entity with powers at a par with National Payments Corporation of India (NPCI), multiple sources aware of the development told.

from Banking/Finance-Industry-Economic Times https://ift.tt/35ffGXA
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Axis Bank to acquire 30% of Max Life for ₹1,600 crore

India’s fourth-largest private sector bank will become a strategic partner of the life insurance firm, in which Max Financial will eventually hold 70% after a two-stage transaction.

from Banking/Finance-Industry-Economic Times https://ift.tt/2W9QKg2
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