20 Feb: News headlines

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Business Standard

Ø  FIIs likely to start buying good Indian stocks at lower points

Ø  RK Damani's Derive Investments buys 26.5 lakh shares of Fortis Healthcare

Ø  Gold heads for biggest weekly rise in nearly two years

Ø  Oil gains as dollar sags near 3-year low; many Asian markets shut



Ø  Rs 114-bn PNB scam: FinMin seeks RBI's view on lapses in banking system

Ø  Tata Steel, JSW-Piramal joint venture bid for debt-laden Bhushan Steel

Ø  Bhushan Steel up 20% on talks of Tata Steel become highest bidder

Ø  Gitanjali Gems nears record low; stock tanks 46% in four days

Business Line



Mint

Ø  Bharti Airtel, HMD Global tie up for 4G phones

Ø  UCO Bank claims $411 m exposure in PNB fraud

Ø  SEBI bans Real Sunshine Corp, directors from markets

Ø  Mahindra Group to invest Rs 900 cr more into EVs



Ø  Oil prices hit highest level in nearly 2 weeks on Asian equity recovery

Ø  Consolidation phase over, telecom firms set for growth war

Financial Express



Financial Chronicle

Ø  Sensex dives 437 pts as bankers bleed; SBI, PNB plunge up to 10%; 8 PSU banks hit 52-week low

Ø  Bitcoin crosses $11,000 in India today; recovery on

Ø  PNB asks Gitanjali group firms to pay Rs 1,045 crore



Ø  IBC resolution may see loss of Rs 58K cr to banks in 5 NPAs

Ø  Anti-dumping duty on Chinese carbon black hurts tyre companies