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
Month: April 2020
Ahead of Market: 12 things that will decide stock action on Tuesday
Market has remained jittery as coronavirus cases showed no signs of abating in the country. – Stocks-Markets-Economic Times
Top NBFCs tap overseas market to raise $430 million
Citi Bank has arranged the fund-raising for Cholamandalam and PNB Housing. – Stocks-Markets-Economic Times
Raghuram Rajan says rating cut, loss of investor confidence to hurt financial institutions
Coronavirus cases in India rose to 4,281 as of Monday evening, as per Ministry of Health. – Stocks-Markets-Economic Times
IMF Encouraged By Recovery In China, But Pandemic Could Resurge
IMF economists said the pandemic caused by the new coronavirus had pushed the world into a recession that would be worse than global financial crisis. – NDTV Profit – … Read More
Dow Jones surges 800 pts at open on coronavirus slowdown hopes
The Dow Jones Industrial Average rose 789.57 points, or 3.75%, at the open to 21,842.10. – Stocks-Markets-Economic Times
Jamie Dimon sees ‘bad recession’ and echoes of 2008 crisis ahead
Dimon said JPMorgan’s earnings will be “down meaningfully” this year. – Stocks-Markets-Economic Times
How economists, too, are taking on the coronavirus crisis
Economists have broken from other work to explore what they can add to understanding a world upended by disease. – Stocks-Markets-Economic Times
US is nowhere close to reopening the economy, experts say
Restarting economic activity too quickly could risk a second spike in infections. – Stocks-Markets-Economic Times
Uber partners with Flipkart to deliver everyday essentials in Mumbai, Bengaluru and Delhi
Uber will not charge any commission, enabling drivers to keep 100% of the billed amount – The Hindu – Industry