MakeMyTrip lays off 350 employees due to COVID-19 impact
It is unclear when travelling will become a way of life, as it was pre-COVID, the company stated in a mail to employees – The Hindu – Industry
Month: June 2020
Petrol, diesel sales surge in May as restrictions lifted
Oil marketing companies increase the prices of cooking gas and aviation turbine fuel – The Hindu – Industry
M&M tractor sales beat lockdown blues
Rabi crop income boosts purchases – The Hindu – Industry
Auto sector shows some signs of life
Post lockdown, carmakers resume operations on the slow lane – The Hindu – Industry
Tata Power completes 51% stake buy in Odisha’s TPCODL for Rs 179 crore
According to the statement, GRIDCO will hold the rest 49 per cent stake in TPCODL. – Stocks-Markets-Economic Times
Bulk deals: Plutus Wealth Management laps up IFB Industries
Here’s who bought and sold what in some of the key bulk deals of the day. – Stocks-Markets-Economic Times
Reliance mega rights issue oversubscribed 1.1 times
The oversubscription figure indicates that shareholders applied for many more shares than their entitlements. – Stocks-Markets-Economic Times
KFL clocks turnover of Rs 495.85 crore in 2019-20
The PSU had aimed at a turnover of Rs 500 crore during the fiscal, according to officials. – Stocks-Markets-Economic Times
IDBI MF, trustee settles case with Sebi, pays over Rs 90 lakh
In view of this event, information was sought from all the mutual funds seeking details of their exposure(s) in the debt papers of BILT. – Stocks-Markets-Economic Times
V-Guard Industries Q4 results: Net profit down 47% to Rs 32 crore
It clocked a profit of Rs 61.38 crore in January-March, 2018-19. – Stocks-Markets-Economic Times