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“Very important to change sentiment right now, we have to move on in life with the requisite social distancing norms, we are optimistic about the future, HDFC Bank is back to pre-Covid levels there is no strain on our balance sheet,” said Aditya Puri.
Banks target Sintex, NBFCs for insolvency proceedingsThe move to initiate insolvency proceedings follows the expiry of the six-month deadline for resolving the default in respect of these companies. In terms of the RBI’s June 2019 circular, banks are required to make additional… Read MoreStocks in the news: YES Bank, DMart, Infosys, BHEL, Tata Motors and Apollo HospitalsBHEL said it is still grappling with uncertainties with regard to resumption of normal business operations.
from Stocks-Markets-Economic Times https://ift.tt/3grxxiG
… Read MoreSGX Nifty up 40 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 42 points, or 0.38 per cent higher at 10,953.50, in signs that Dalal Street was headed for a positive start on Tuesday.
from Stocks-Markets-Economic Times https://ift.tt/2XrzYdz… Read MoreBiyani’s personal debt final item in $3 billion RIL-Future dealThe Mukesh Ambani-led RIL is also likely to acquire up to a 10-15% minority stake in the group’s fast-moving consumer goods (FMCG) business Future Consumer, said these sources.
from Stocks-Markets-Economic Times https://ift.… Read MoreTata Motors to drive in foreign partner in India passenger car businessThe move to bring in a strategic partner in the India car business comes 12 years after Tata Motors acquired Jaguar Land Rover (JLR) from Ford for $2.3 billion. The deal catapulted the Indian company into the club of the larg… Read More
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