•GAIL: Fitch affirmed the company’s long-term foreign-currency issuer default rating (IDR) at BBB-. The outlook is negative.
•Orient Refractories: Q4 profit at Rs 18.5 crore versus Rs 25 crore, revenue at Rs 162.4 crore versus Rs 187.4 crore YoY.
•Minda Industries: Q4 profit at Rs 7.3 crore versus Rs 73.5 crore, revenue at Rs 1,339 crore versus Rs 1,486.5 crore YoY.
•Bharti Airtel added 9.2 lakh users in February as against 8.5 lakh additional users in January.
•States GSDP may contract by up to 14.3% in FY21 on Covid-19: Ind-Ra report
•RBI to do buy-sell OMO of Rs 10,000 cr keeping in mind liquidity in banks.
•IDBI Bank gains 5%, hits 52-week high on plan to sell stake in insurance JV.
•India plans incentives to double auto exports in next five years: Report
•Yes Bank to auction properties of Essel Infra, SKIL Infra in July to recover dues.
•Bharti Airtel shareholders to meet over the merger of VSAT operations on July 31.
•Steel imports worth Rs 20,000 cr avoided due to DMISP policy: Dharmendra Pradhan
•Tata Steel’s total consolidated income fell to Rs 35,085.86 crore in January-March 2020, from Rs 42,913.73 crore in the same quarter preceding fiscal.
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