Morning News Headlines (14th Feb 2020)
14/2/2020

Morning News Headlines (14th Feb 2020)

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MONEYCONTROL


• Vodafone Idea: Posts a loss of Rs 6,453.2 crore for the December quarter of FY20 against a loss of Rs 5,004.6 crore posted in the corresponding quarter of the previous financial year.


• Avenue Supermarts: Floor price for OFS set at Rs 2,049 per share, promoters to sell up to 1.48 cr shares.


• Future Retail: Q3 profit dips 16.7 percent to Rs 165 cr, revenue declines 3.3 percent to Rs 5,193.2 cr YoY.


• Page Industries: Q3 profit drops 14.6 percent to Rs 87 cr, revenue rises 7.5 percent to Rs 793.8 cr YoY.


• Apollo Hospitals: Q3 profit rises 9 percent to Rs 94.8 cr, revenue rises 16.6 percent to Rs 2,529.5 cr YoY.


BUSINESS STANDARD


• SC to hear telcos' plea seeking new schedule of AGR payments on Friday.


• Foreign investors turn net buyers in Dec quarter, pump in $ 6.3 bn.


• YES Bank jumps 5% as lender gets EoIs from JC Flowers, Silver Point


• NCDEX files papers for Rs 500-crore IPO, third listing by an exchange

 

• CARE Ratings drops 8% as Chairman Mainak steps down after forensic probe.


FINANCIAL EXPRESS


• Dr. Reddy’s Laboratories share price hits 52-week high after finalising deal with Wockhardt.


• Long-term reverse repos to have fixed interest rate: RBI


• Jewellery industry urges govt to reduce import duty on gold, polished diamonds.


• Bharti Airtel raises additional USD 250 million via perpetual bonds.


• Banks credit grows at 7.13% in second half of January.

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Tags:General News

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