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From an average default rate in collection efficiency at 2-3 per cent in pre-Covid times, non-banking finance companies (NBFCs) are now seeing 6-8 per cent of borrowers missing their payment schedules during the second wave of the pandemic.
PM Modi meets billionaire investor Rakesh Jhunjhunwala, finds him "lively"The prime minister called Jhunjhunwala "lively", "insightful" and "bullish on India"
from Stocks-Markets-Economic Times https://ift.tt/3AdnlTS
… Read MoreCofipalux Invest SA buys stake in Banswara Syntex via bulk dealCofipalux Invest SA today bought 170,000 shares of Banswara Syntex at Rs. 168.35 apiece through a bulk deal on the BSE.
from Stocks-Markets-Economic Times https://ift.tt/3a5wLWZ
… Read MoreSebi extends relaxations for compliance with rights issuesAs per Issue of Capital and Disclosure Requirements norms, an application for a rights issue shall be made only through the ASBA facility.
from Stocks-Markets-Economic Times https://ift.tt/3B1RiYz
… Read MoreTrade Setup: Nifty looks stable, expect select sectoral indices to outperformTuesday's session may see a stable start to the day. The 17,750 and 17,800 levels will act as potential resistance points, while supports will come in at 17,650 and 17,580 levels.
from Stocks-Markets-Economic Times https://i… Read MoreSebi slaps Rs 1.02 cr fine on Aditya Birla Money for mkt norms violationProceedings were initiated against Aditya Birla Money based on a joint inspection conducted by Sebi, BSE, NSE and the depositories in March 2019. A special purpose inspection was also conducted by Sebi in March 2018.
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