Earnings estimates of India Inc see upgrade after strong Q3 results

[Business-Standard]( Daily Newsletter 3 March 2021 [Facebook]( [RSS]( [Twitter]( [Google Plus]( [Twitter]( [YouTube]( [Markets]( [Companies]( [Banking]( [Economy]( [Opinion |]( [Life]( [Management]( [Technology]( LIVE MARKETS [SENSEX]( 50296.89 (447.05) [NIFTY]( 14919.10 (157.55) GOLD (MCX 10 GM) 45526.00 (218.00) SILVER (MCX 1 KG) 67900.00 (478.00) USD ($) / INR(Rs) 73.68 (1.12) Front Page [Premium Content][Earnings estimates of India Inc see upgrade after strong Q3 results]( Analysts at top brokerages raise FY21-FY23 estimates by 5-6% [Half of telecom spectrum sold goes to Reliance Jio at Rs 57,122 crore]( DoT may garner Rs 20,000 crore as upfront payment in FY21 [India woos Tesla with offer of cheaper production costs than China]( But India faces a big challenge to win a production commitment from Tesla [Premium Content][Busy IPO season in March with seven offers worth Rs 12,000 crore]( Unprecedented rush due to excess liquidity; all IPOs getting oversubscribed multiple times over, say experts [Over 5 million registrations on Co-WIN in two days, no glitches: R S Sharma]( Going forward, people would be allowed to book slots online depending upon capacity of hospitals [Premium Content][Ministries baulk at giving large procurement contracts to foreign companies]( Prefer Indian firms in sectors where domestic capability exists: NITI Aayog [Premium Content][India Post, Nabard, 4 PSU banks part of two consortia vying for NUE licence]( One group is led by top payment solutions firm Financial Software and Systems, the other by FIS, which provided tech solutions for merchants, ... 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