Economy 2227 May12:0014:0016:0018:0020:00
Renault and Nissan rule out merger as they unveil survival plan

27 May 13:22 2 articles

Renault and Nissan rule out merger as they unveil survival plan

Companies to cooperate more closely on car production to save costs

27 May 13:22 Gulf News 2086521545209962382.html
From boom to bottom: Renault and Nissan bet on deeper cooperation

As Renault, Nissan and junior partner Mitsubishi repair their alliance, they are under pressure to recover from two years of falling vehicle sales, a problem exacerbated by the coronavirus pandemic

27 May 13:36 Business-Standard 1502508924805508353.html
Sun Pharma Q4 profit declines 37% to Rs 399 cr on one-time exceptional loss

27 May 13:05 2 articles

Sun Pharma share price falls 3.5% post Q4 earnings

Stock price of Sun Pharma has fallen 1.12% in one week and 8% in one month. However, the stock has risen 4.17% since the beginning of the year.

27 May 13:05 Business Today 1145527431992859508.html
Sun Pharma Q4 profit declines 37% to Rs 399 cr on one-time exceptional loss

The company had posted a net profit of Rs 635.88 crore in the same period previous fiscal, Sun Pharma said in a BSE filing

27 May 13:09 Business-Standard 1502508926139712526.html
1 in 10 Indian jobseekers lost job, most think layoff imminent: Survey

27 May 13:46 1 article

1 in 10 Indian jobseekers lost job, most think layoff imminent: Survey

Jobseekers from the IT, pharma, medical or healthcare and BFSI industries were less impacted by layoffs and salary cuts as compared to their counterparts from other industries.

27 May 13:46 Business-Standard 1502508924755060131.html
Donations by companies to PM-CARES Fund notified as CSR, says govt

27 May 13:35 1 article

Donations by companies to PM-CARES Fund notified as CSR, says govt

Finance Minister Nirmala Sitharaman had tweeted on March 29 that CSR Funds can now donate to PM CARES Fund

27 May 13:35 Business-Standard 1502508926231590089.html
Personal loan vs. Line of Credit: Which is better to end cash problem during Coronavirus pandemic?

27 May 13:33 1 article

Personal loan vs. Line of Credit: Which is better to end cash problem during Coronavirus pandemic?

A line of credit gives you access to a pool of funds from which you can draw for any personal or business-related activities.

27 May 13:33 The Financial Express 1288289580807702430.html
A.O. Smith partners with FoxyMoron to enhance digital presence

27 May 13:25 1 article

A.O. Smith partners with FoxyMoron to enhance digital presence

The agency will be responsible for building the brand's social presence and increasing market penetration and consumer engagement

27 May 13:25 The Financial Express 1288289579641013508.html
2 Reasons Target Will Be a Post-Coronavirus Winner

27 May 13:22 1 article

2 Reasons Target Will Be a Post-Coronavirus Winner

Target’s earnings suffered in the past quarter, but two points in the report are reasons to smile.

27 May 13:22 The Motley Fool 2231313659211943490.html
Bankruptcy resolution: In IBC, liquidation an overwhelming outcome rather than revival

27 May 13:54 1 article

Bankruptcy resolution: In IBC, liquidation an overwhelming outcome rather than revival

Of the total 3,774 cases admitted into CIRPs till the end of March 2020, 914 ended into liquidation, which is 24% of the total cases admitted.

27 May 13:54 The Financial Express 1288289581300404661.html
New Google My Business features aim to help SMBs pivot and survive COVID-19

27 May 13:00 1 article

New Google My Business features aim to help SMBs pivot and survive COVID-19

The new tools and capabilities mirror the expanding role of GMB as a gateway to both offline and online services.

27 May 13:00 Search Engine Land 2231653391167839987.html
In Search Of A Grand Unified Theory Of Free Expression And Privacy

27 May 13:00 1 article

In Search Of A Grand Unified Theory Of Free Expression And Privacy

Every time I ask anyone associated with Facebook’s new Oversight Board whether the nominally independent, separately...

27 May 13:00 Techdirt 1456370857340316204.html
Rising global crude price raises India's basket 93% to $33

27 May 13:30 1 article

Rising global crude price raises India's basket 93% to $33

The price of Indian basket, which went down to $16.92 a barrel on April 27, surged by 93 per cent since then to $32.63

27 May 13:30 Business Today 1145527431892328358.html
Demand for real estate to go up in post COVID-19 world: Manoj Gaur

27 May 13:09 1 article

Demand for real estate to go up in post COVID-19 world: Manoj Gaur

In an exclusive interview, Manoj Gaur, MD, Gaurs Group, and Chairman, Affordable Housing Committee, CREDAI (National), talks about the impact of Coronavirus on real estate in India and shares his industry outlook.

27 May 13:09 The Financial Express 1288289579766564529.html
Japan approves fresh $1.1 trn stimulus to combat Covid-19 economic fallout

27 May 13:16 1 article

Japan approves fresh $1.1 trn stimulus to combat Covid-19 economic fallout

The latest package includes 33 trillion yen in direct spending, the Ministry of Finance (MOF) said.

27 May 13:16 Business-Standard 1502508926055103936.html
Coronavirus Lockdown XVII: The economics behind India's Rs 21 lakh crore package

27 May 13:45 1 article

Coronavirus Lockdown XVII: The economics behind India's Rs 21 lakh crore package

The package is completely aligned to self-professed agenda of the IMF of limiting fiscal spending, relying on liquidity and credit to households, privatising government-run companies and more deregulations for private enterprises. This agenda has brought immense grief to a large number of countries to be comforting

27 May 13:45 Business Today 1145527431595316784.html
COVID-19 rent aid for businesses, landlords to cost $520 million, PBO says

27 May 13:35 1 article

COVID-19 rent aid for businesses, landlords to cost $520 million, PBO says

Parliament's spending watchdog estimates a federal program aimed at giving small businesses a break on their rent could cost the public purse $520 million this fiscal year.

27 May 13:35 CP24 1887544295479030758.html
Sensex ends 995 points higher on short covering, banking stocks outperform

27 May 13:01 1 article

Sensex ends 995 points higher on short covering, banking stocks outperform

Earlier indices turned volatile amid weakness in SGX Nifty and lost morning gains. However, bourses climbed in the last hour of session on Wednesday, amid buoyancy in overseas markets and heavy buying in banking and financials.

27 May 13:01 Business Today 1145527431886953537.html
Banks would need additional capital buffer of $20 bn, says Credit Suisse

27 May 13:50 1 article

Banks would need additional capital buffer of $20 bn, says Credit Suisse

Slippage of 20% on loans under moratorium to weigh on capital ratios

27 May 13:50 Business-Standard 1502508926324748449.html
Sebi unlikely to give result disclosure waiver to India Inc for Q1FY21

27 May 13:13 1 article

Sebi unlikely to give result disclosure waiver to India Inc for Q1FY21

CII, FICCI have asked for exemption from disclosing June quarter results; Sebi says yet to take view

27 May 13:13 Business-Standard 1502508925964031146.html
Despite rate cuts, your EMIs may still not fall as much

27 May 13:07 1 article

Despite rate cuts, your EMIs may still not fall as much

Banks have in-built mechanism to include the cost of default in the interest rate that it charges from the borrowers as way of credit risk premium, which can be increased or decreased by the bank

27 May 13:07 Business Today 1145527431616111564.html
PMVVY scheme modified! Senior citizens can get Rs 18,500 per month pension for 10 years

27 May 13:04 1 article

PMVVY scheme modified! Senior citizens can get Rs 18,500 per month pension for 10 years

In the Modified PMVVY, the interest rate will keep varying depending on the financial year in which the investment is made.

27 May 13:04 The Financial Express 1288289580571645701.html
JP Morgan's Kalpana Morparia set to retire; Leo Puri to take over the reins

27 May 13:08 1 article

JP Morgan's Kalpana Morparia set to retire; Leo Puri to take over the reins

Takes charge in the first quarter of Calendar 2021; Murali Maiya to be new CEO

27 May 13:08 Business-Standard 1502508925184604455.html
Locust attack may benefit these stocks as agrochemicals usage shoots up; check target prices

27 May 13:38 1 article

Locust attack may benefit these stocks as agrochemicals usage shoots up; check target prices

Large swarms of locusts were seen across the states of Rajasthan, Madhya Pradesh, and parts of Maharashtra in the past few days, prompting fear of how bad the agriculture could be hit by such pest attacks.

27 May 13:38 The Financial Express 1288289580032839800.html