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Shoppers have largely been absent in recent weeks as India began reopening its economy in phases from one of the world’s biggest pandemic lockdowns. Job losses are rising, households are being weighed down by debt, risk-averse financial institutions are unwilling to lend and social-distancing measures are keeping buyers away from markets.
Bought for Rs 12.5 cr, sold at Rs 2000 cr; How Zandu scion scaled API biz 160 times in 12 yrsNihar Parikh has sold 100% of ZCL, an API co to Advent International riding the industry upswing after turning around a once-sub scale operation.
from News-Economic Times https://ift.tt/38sIfTY
… Read MoreTesla lifts off, rockets toward best day since 2013The jump, which added over $100 billion to Tesla's market capitalization, would end a five-day streak of losses for the company in a Nasdaq slump in which investors spooked by rising interest rates have abandoned growth stock… Read MoreUS govt to ship 18.5 million doses of Covid-19 vaccine this week, White House saysWhite House press secretary Jen Psaki said at a news briefing that the U.S. government plans to distribute 15.8 million doses of the Pfizer/BioNTech and Moderna vaccine to states, tribes and territories, along with 2.7 millio… Read MoreLive news updates: Congress to move no-confidence motion against Haryana govt today
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… Read MoreKey issues addressed in the ParliamentThe finance ministry on Monday said that the financial health of state-run lenders has improved significantly on account of timely recapitalisation coupled with reform measures.
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