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The spread of the second wave of Covid-19 pandemic has created challenges for every business. "We are anticipating the collections to witness a temporary decline in Q1 FY22 on account of several intermittent lockdowns/restrictions being imposed across various states," managing director Udaya Kumar Hebbar 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 MoreAshok Soota, the 77-year-old Happiest Mind who hit a second IPO jackpotThe septuagenarian, whose Happiest Minds is the second company to go public after Mindtree, seems to have been right on digital services as the Bengaluru-based firm garners 97% of its revenue from digital technology-led servi… Read MoreIndia Inc likely to speed up foreign fund-raising plansIndian firms obtained ECB (External Commercial Borrowings) sanctions worth $ 3.5 billion or an estimated Rs 26,000 crore in April-June'2020, show latest RBI data. This is about one-third of the sum - $11.9 billion-they borrow… Read MoreDow ends higher but Wall Street posts 2nd straight weekly drop on tech slideThe tech sector posted its fifth decline in six days and biggest weekly percentage decline since March as investors sold companies such as Apple Inc that have spearheaded the dramatic rally from coronavirus-driven lows in Mar… Read MoreTata Sons moves urgent plea in SC against SP Group's definitive agreement to raise capitalThe SP Group is asking the Supreme Court to dismiss Tata’s application at the threshold by highlighting the settled position in law that a mere creation of a pledge on shares would not amount to a transfer of title of the sha… Read More
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