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Monday 7 September 2020

Stocks In News

Moody's

Cuts Deposit Ratings Of BoB, BoI

Cuts Deposit Ratings Of Canara Bk, Union Bk

Revises PNB's Ratings Outlook To 'Negative' From 'Stable'

Cuts Deposit Ratings Of Canara Bk & Union Bk To Ba1

Cuts Deposit Ratings Of BK of  Baroda, Bk of India To Ba1


TATA MOTORS DVR

TATA Sons buys 53.02 Lakh shares at Rs 56/sh 

 

Shilpa Medicare

Nippon India buys 11.25 Lakh shares at Rs 514.9/sh

Baring PE sells 23.2 Lakh shares at Rs 513/sh


BPCL

Govt Makes Changes To BPCL PIM

Allows SPV Formation For Both  Sole Bidder & The Consortium

Clarifies On Networth Definition Of Bidders

No Change In Networth  Amount For Bidders

Alert: Bidders For BPCL Had Asked For  Change In The Net Worth


TATA STEEL

CEO says production level has now recovered to 100% as the company sees a revival in domestic demand in the Q2 led by a good monsoon and rural economy. The company is now less dependent on exports compared to the first quarter.


PVR

The company has deferred its capital expenditure in a bid to control costs as the company braces for a significant impact on its profitability in the current fiscal due to the ongoing COVID-19 pandemic. Q1 Results are on 14th Sept.



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