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As its stores remained shuttered across vast swathes of India through the three months of summer, Titan reported a June-quarter loss of Rs 270 crore, compared with a profit of Rs 371 crore in the year-ago period.
MFIs at risk of rating cuts as bad loans riseAny such possible downgrades will likely raise MFIs' funding costs compounding the problem of asset-liability mismatch at a time when collection efficiencies have deteriorated amid localized lockdowns.
from Stocks-Markets-Ec… Read MoreSebi inks securities regulation pact with Luxembourg supervisory authorityThe objective of the Memorandum of Understanding (MoU) is to strengthen cross border cooperation in the area of securities regulation, Sebi said.
from Stocks-Markets-Economic Times https://ift.tt/3uNWBGU
… Read MoreCement prices stay firm in May despite pandemicAnalysts are bullish on cement companies following firm prices and a gradual relaxation in lockdown across states. They believe the strategy of focusing on prices instead of volume improvement will pay off in terms of stable … Read MoreNSE-BSE bulk deals: HDFC Mutual Fund raises stake in Power MechPinewood Strategy’s India Opportunities Growth Fund bought 8,70,000 Shilpa Medicare shares through a bulk deal at Rs 511 per share.
from Stocks-Markets-Economic Times https://ift.tt/3vRzJYp
… Read MoreFed should talk about taking foot off policy pedal: Robert KaplanThe U.S. unemployment rate was 6.1% in April, and a government report due Friday is expected to show it falling further.
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