Sebi relaxes compliance deadline for REITs, InvITs
Sebi had first notified REITs and InvIT regulations in 2014, allowing setting up and listing of such trusts which are popular in some advanced markets. – Stocks-Markets-Economic Times
Month: July 2020
Data | Surge in MGNREGS work demand, sowing of kharif crops lead to pre-COVID rural employment levels
However, rise in sowing must be met with equal government procurement to avoid a price crash – The Hindu – Economy
Electricity Output Shows Signs Of Recovery In June
In the second half of June, electricity generation declined 5.3 per cent, compared with a 14.5 per cent slide during the first fifteen days of the month. – NDTV … Read More
Mahindra & Mahindra Sales Drop 55% In June
Last month Mahindra sold 9,076 vehicles, while in April, the company had reported zero sales. – NDTV Profit – Latest
Unemployment Rate Eases To 11% In June From 23.5% In May: Think-Tank CMIE
The number of employed people in the country in June stood at 37.3 crore, as per the CMIE data, while those looking for jobs are 46.1 crore – NDTV … Read More
Emami Realty Q4 results: Posts Rs 19 crore net loss
It also announced elevation of Nitesh Kumar Gupta as MD & CEO of the company. – Stocks-Markets-Economic Times
RIL, financial stocks give Sensex 499-point lift; Nifty tops 10,400
Market breadth was positive with gainers beating losers in the ratio of 1.2:1 on the BSE. – Stocks-Markets-Economic Times
Indian banks to face asset quality, earning pressure for at least 2 years: Fitch
Public sector banks were more vulnerable than private sector banks coming into the crisis. – Stocks-Markets-Economic Times
Murugappa Group eyes CG Power, ready to invest Rs 750 crore
The transaction is likely to conclude in July, they said. – Stocks-Markets-Economic Times
Axis Bank surges 6%; reports claim lender to raise $1.5 bn
ET Now reported that Carlyle Group has shown interest in investing in the bank. – Stocks-Markets-Economic Times