COVID-19 impact on business not “materially adverse” so far: Nestle India
The company also does not see any “specific challenge in terms of its capital or financial resources” or any “significant deviation in profitability” – The Hindu – Industry
Month: June 2020
India flattened the wrong curve, decimated the economy, says Rajiv Bajaj
The country ended up with the ‘worst of both worlds’, says the industrialist in conversation with former Congress chief Rahul Gandhi – The Hindu – Economy
Reliance Industries Closes India’s Largest Rights Issue Worth $7 Billion
Reliance launched the issue last month, offering existing shareholders one new share for 15 held at a discounted price of Rs 1,257 apiece – NDTV Profit – Latest
Should Interest Be Waived On Moratorium, Top Court Asks Finance Ministry
The Supreme Court said that health of people is more important than economic aspects, while hearing the petition on waiver of interest during moratorium on loan repayment. – NDTV … Read More
Sensex Falls Over 400 Points From Day’s High, Nifty Slides Below 10,050
Equities elsewhere in Asia traded on a mixed note, with MSCI’s broadest index of Asia Pacific shares outside Japan last seen trading up 0.16 per cent. – NDTV Profit … Read More
CVC Capital to buy cancer chain HCG for Rs 1,049 crore
On May 7, CVC Capital had announced its plan to acquire about 36.48% stake in Healthcare Global Enterprises through a preferential allotment of shares at a price of Rs 100/ … Read More
Share market update: Realty shares fall; Godrej Properties slips 4%
The Nifty Realty index was trading 1.94 per cent down at 196.95. – Stocks-Markets-Economic Times
Share market update: Pharma shares up; Lupin rises over 2%
The Nifty Pharma index was trading 1.11 per cent up at 9973.95. – Stocks-Markets-Economic Times
Share market update: IT shares gain; Tech Mahindra climbs 4%
The Nifty IT index was trading 1.03 per cent up at 14509.0. – Stocks-Markets-Economic Times
Share market update: Bank shares dip; RBL Bank slips 4%
The Nifty Bank index was trading 1.52 per cent down at 20623.1. – Stocks-Markets-Economic Times