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Mahindra & Mahindra (M&M) has decided not to make sedans, hatchbacks and smaller SUVs, while looks to have an all-new brand of premium, electric SUVs under its Italian subsidiary Pininfarina, which could be priced up to Rs 40 lakh, new MD & CEO Anish Shah has said.
Wall St week ahead: Fed meeting in focus as stocks wobble and coronavirus bill stallsThe Fed slashed rates to near zero in March as stocks plunged on fears of the economic impact from the coronavirus, and has rolled out lending programs to support businesses and households.
from Stocks-Markets-Economic Times… Read MoreHow combative mutual funds could dash small-cap party hopesMutual funds are looking at various possibilities to help multi-cap schemes avoid forced purchases of small- and mid-cap stocks to comply with new Sebi norms.
from Stocks-Markets-Economic Times https://ift.tt/2GX6P4H
… Read MoreRural demand for paints fast recovering: Kansai NerolacThe demand for industrial paints, in which the company is the market leader, will take longer to recover, Bharuka said. Demand for paint from automotive companies, which account for a large share of industrial paints, has bee… Read MoreIndia's secondary listing plan for firms joining foreign markets irks investors: SourcesThe new policy, aimed at helping local firms achieve better valuations, could be a shot in the arm for Indian unicorn start-ups valued at over $1 billion and Reliance’s digital unit which is eyeing a U.S. listing after raisin… Read MoreReliance’s market heft becoming liability for Indian stock fundsReliance’s shares rose 12% to a record last week, lifting the company’s market value past the $200 billion mark, as people familiar said Amazon.com Inc. and KKR & Co. are in talks to buy stakes in its retail business.
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