Bandhan Bank goes easy on Covid risk
The bank said it has made additional Covid-related provision of Rs 2100 crore covering 2.8% of its portfolio, and it might not need to top it up substantially going forward … Read More
Month: November 2020
Two-wheeler sales continue to rise; TVS, Enfield, Yamaha show growth
Manufacturers anticipate ‘healthy’ sales in festive season – The Hindu – Industry
‘Manufacturing grows fastest since 2007’
PMI survey indicates removal of curbs, robust sales helped sector expand for a third month in Oct. – The Hindu – Economy
NTPC net dips 7.7%, approves buy-back
Board okays share buyback worth Rs 2,275.75 crore – The Hindu – Industry
Ramco Cements net up 40% as realisations rise
Lockdown impacts firm’s revenue – The Hindu – Industry
HDFC Q2 net profit drops 28%
Disbursements in October second-highest ever, says Mistry – The Hindu – Industry
Manipal Hospitals to acquire Columbia Asia in ₹2,100-cr. deal
Merged entity will be India’s second-largest healthcare chain – The Hindu – Industry
‘Manufacturing grows fastest since 2007’
PMI survey indicates removal of curbs, robust sales helped sector expand for a third month in Oct. – The Hindu – Economy
Loans to medium-sized firms and lending against shares clock double-digit growth
Much of the growth in loans to medium-sized firms is likely due to the government’s stimulus package. – Stocks-Markets-Economic Times
NSE-BSE bulk deals: WF Asian Smaller Cos Fund cuts stake in Fortis
HDFC Mutual Fund sold a total of 2,00,000 shares of Premier Explosives at Rs 115 per share. – Stocks-Markets-Economic Times