Highlights

Posted on: May 14, 2021

by Sriharsha

India received $83 billion in remittances in 2020: World Bank report!

Economic Times
 
Business Standard

Ø  RBI tells lenders to re-consider ties with crypto exchanges, traders

Ø  Govt eases public procurement norms for Covid supplies

Ø  Commerce Ministry seeks anti-dumping duty on certain rubber imported from 4 countries

Ø  Tata Sons, Singapore Airlines invest Rs 465 crore in Vistara

Ø  RBI cancels United Co-operative Bank’s licence

Ø  Auto retailers’ lobby writes to FM, RBI governor to request loan moratorium
 
Ø  India received $83 billion in remittances in 2020: World Bank report

Ø  Torrent Pharma inks pact with Eli Lilly for Covid drug Baricitinib in India

Ø  South Korea unveils $450 billion push for global chipmaking crown

Ø  Musk decries bitcoin’s ‘insane’ energy use after Tesla payment U-turn

Ø  Vedanta swings into the black; posts Rs 6,531 cr profit in March quarter

 
Mint

Ø  TRAI floats consultation paper on validity period of tariff offers

Ø  Overall passenger traffic plunges 66% in FY21, AAI data shows

Ø  CRISIL assigns A+/Stable rating to long-term credit facilities of Jindal Stainless

Ø  PE/VC investments grow 6.5x to $7.5 billion in April over year-ago period

Ø  Lupin Q4 net rises 18% at ₹460 cr
 
Ø  Piramal Enterprises Q4 net loss narrowed to ₹510 crore

Ø  BSE clocks Q4 net profit of ₹31.75 crore; revenue up 27 per cent

Ø  Blue Dart forms Med-Express consortium to conduct experimental drone flights

Ø  Bitcoin still struggling after Musk’s Tesla U-turn

Ø  Jack Ma’s Ant posted $3.4 billion profit after IPO halt

Ø  CPPIB and SoftBank’s SB Energy deal called off

Financial Express


Ø  India’s prized ‘investment grade’ status hanging by a thread due to devastating COVID-19 crisis

Ø  Jio tops in 4G download speed, Vodafone in upload in April: Trai
 
Ø  FPIs’ Investment In Domestic Equity Surges 7 Pc To USD 552 Bn In Mar Qtr

Ø  Intense Bidding For KG-D6 Gas In E-Auction On DGH-Approved Platform

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