Analyst Calls: Bajaj Auto, TVS Motor, APSEZ, Mphasis
Kotak Institutional Equities has maintained sell rating on TVS Motor Company and revised fair value to Rs 240 from Rs 350. – Stocks-Markets-Economic Times
Month: April 2020
Pay cuts, job losses may lead to defaults on unsecured loans
Banks have offered customers a moratorium on payment of loan instalments for three months starting March. However, customers will have to pay back additional interest on them. – Stocks-Markets-Economic … Read More
Mutual fund cut-off timings advanced
This move comes after Reserve Bank of India put out a circular changing the trading hours. RBI had issued a circular on April 3, reducing trading hours in the debt … Read More
Wall Street soars 7 per cent on hopes of slowing coronavirus deaths
U.S. stocks rocketed higher on Monday, with each of the major indexes rallying at least 7%, after a fall in the daily death toll in New York, the country’s biggest … Read More
2-wheeler sales may drop up to 13%
Lower consumer spending to add to industry’s woes: ICRA – The Hindu – Industry
Up to 40% of planes may stay on ground for 12 months: CAPA
Domestic demand for air travel may fall 60% to 90 mn trips – The Hindu – Industry
Pharmexcil wants RBI to ease non-fund limits
$1 bn worth of materials stuck at ports – The Hindu – Industry
Most MSMEs skip March salary: AIMO
Survey cites logistics issues and absence of orders, among others, as reasons – The Hindu – Industry
Companies, CXOs rush to modify Esop conditions to include Covid-19 realities
Compensation and vesting rights depend on targets that may not be achieved due to virus. – Stocks-Markets-Economic Times
Suzlon bondholders approve resolution plan for outstanding $172 million
The total size of the bond issue was USD 546.91 million. – Stocks-Markets-Economic Times