Tuesday, September 1, 2020

Ambani-Biyani deal: Future Group's footprint to shrink by 80% in revenue

Future would be one of the top contract manufacturers in FMCG, fashion space but with wafer-thin margin

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Old SBI hand Dinesh Khara faces new challenges amid Covid-19 pandemic

Being an insider, Khara knows SBI culture well and has the backing of an experienced team

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Adani becomes infra juggernaut, but debt exposure remains a risk

With the buyout of GVK's stake in Mumbai airports, the Gujarat-based group's presence in infrastructure is unmatched by any player, even globally, but debt exposure remains a risk

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Rally comes to a screeching halt; Sensex dives 2%, Nifty ends below 11,400

The Sensex closed at 38,628.3, a drop of 839 points or 2.13 per cent -the most since May 18

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All eyes on asset quality of banks and NBFCs with end of moratorium 2.0

Management commentary regarding asset quality and restructuring for the September quarter earnings would be a key monitorable

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65% SIP assets below 3 years amid chase for high returns, shows data

Only 17 per cent of SIP assets are over the five-year mark, which is considered ideal for equity investments to even out the impact of market volatility

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Sebi eases default recognition norms for Covid-related debt restructuring

It had directed credit rating agencies not to assign default grade to entities that undergo restructuring solely due to Covid-related stress, earlier in March

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Wall Street mixed as S&P 500 on track for best August in 36 years

New entrants to the blue-chip index, Salesforce.com Inc , Honeywell International Inc and Amgen Inc , slipped between 0.3% and 1.2%

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India's low score on GVC a starting point for recovery from pandemic: AIIB

India rated 7.4 percentage points below the average global value chain participation rate for emerging economies from Today's Paper ht...