Oil Prices Tumble Due To Demand Shock Amid Coronavirus Restrictions
Oil prices slumped on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly. – NDTV Profit – Latest
Month: April 2020
Companies with investments in 6 Franklin funds face downgrades
A weakened liquidity profile will be leading to a ratings downgrade. – Stocks-Markets-Economic Times
Funds may not have enough quality papers to use RBI’s liquidity window
Credit risk schemes could be in a better position to meet redemption pressures. – Stocks-Markets-Economic Times
Stocks in the news: Reliance Industries, Wipro, Axis Bank, IndusInd Bank and Ambuja Cements
Five former employees of Wipro filed a class action suit against the Bengaluru-based firm. – Stocks-Markets-Economic Times
Axis Bank to acquire 30% of Max Life for Rs 1,600 crore
India’s fourth-largest private sector bank will become a strategic partner of the life insurance firm, in which Max Financial will eventually hold 70% after a two-stage transaction. – Stocks-Markets-Economic … Read More
Oil prices slide again as world runs low on storage capacity amid plunge in demand
In a sign of the energy industry’s desperation for places to store petroleum, oil traders are resorting to hiring expensive U.S. vessels to store gasoline or ship fuel overseas, shipping … Read More
Cost of doing business to see significant rise
Hygiene norms to influence revenue – The Hindu – Economy
Cost of doing business to see significant rise
Hygiene norms to influence revenue – The Hindu – Economy
Lockdown | ‘Allow liquor sale outside containment zones’
Industry contributes over ₹2 lakh cr. in taxes: confederation – The Hindu – Industry
IndusInd Bank profit drops
Gross NPAs rise sharply, drive up provisioning – The Hindu – Industry