Sebi allows Ravichandran to subscribe shares in RIL rights issue
RIL’s rights issue opened for subscription on May 20 and will close on June 3. – Stocks-Markets-Economic Times
Month: June 2020
Government Launches Rs 50,000 Crore Plan To Boost Electronics Manufacturing
Government is offering a production-linked incentive involving cash worth 4% to 6% of additional sales of goods made locally over 5 years. – NDTV Profit – Latest
Moody’s lowers major Indian corporates’ ratings to ‘negative’
The list includes Indian state owned energy firms and private sector majors like RIL, TCS and Infosys – The Hindu – Industry
IndiGo Parent InterGlobe Posts Rs 871 Crore Loss In Fourth Quarter
The company did not provide a forecast on capacity either, due to a hit to operations from the COVID-19 pandemic – NDTV Profit – Latest
Sebi allows Ravichandran to subscribe shares in RIL rights issue
RIL’s rights issue opened for subscription on May 20 and will close on June 3. – Stocks-Markets-Economic Times
Moody’s lowers major Indian corporates’ ratings to ‘negative’
The list includes Indian state owned energy firms and private sector majors like RIL, TCS and Infosys – The Hindu – Economy
Moody’s lowers major Indian Corporates’ ratings to ‘negative’
The list includes Indian state owned energy firms and private sector majors like RIL, TCS and Infosys – The Hindu – Economy
Banking Sector Needs Recapitalisation Of Rs 4 Lakh Crore: Uday Kotak
The banking sector has loans of Rs 100 lakh crore and a capital of Rs 11 lakh crore to 12 lakh crore, said CII President-Designate Uday Kotak. – NDTV … Read More
Moody’s downgrades ratings of 8 firms, 3 banks
It downgraded seven Indian infrastructure issuers, including NTPC, NHAI and GAIL. – Stocks-Markets-Economic Times
FMCG companies’ revenue to contract by 3% in FY21: Crisil
However, companies will adopt lower advertising spends and benefit from lower input prices. – Stocks-Markets-Economic Times