RBI’s loan moratorium may spell trouble for NBFCs looking for funds, as investors’ trust weakens
27 May 15:34 • 2 articles
India may need to pump Rs 1.5 trn into coronavirus-hit state banks: Report
"The situation is very grim," the source said, adding that banks would require fresh funds soon
27 May 15:34 • Business-Standard • 1502508925821335314.htmlRBI’s loan moratorium may spell trouble for NBFCs looking for funds, as investors’ trust weakens
The effect of loan moratorium is expected to make a dent in the liquidity profiles of non-banking finance companies.
27 May 15:45 • The Financial Express • 1288289581251517088.htmlCoronavirus impact: Cement production to witness steepest fall ever of upto 30% in FY21
27 May 15:07 • 2 articles
Coronavirus impact: Cement production to witness steepest fall ever of upto 30% in FY21
The slowdown in cement industry, which was already impacted by tepid economic activity, was compounded by the coronavirus-led lockdown instituted in March
27 May 15:07 • Business Today • 1145527431158025754.htmlAnimal Spirits stuck at the same place as lockdown stall economic activity
The dashboard signals Asia’s third-largest economy had a dismal start to the new fiscal year from April 1, after what’s been an already disappointing beginning to the calendar year.
27 May 15:25 • The Financial Express • 1288289580569031943.htmlTamil Nadu to create 47,000 plus jobs, inks deals for over Rs 15,000 crore investment
27 May 15:09 • 2 articles
BPCL privatisation bid deadline extended; check new date
The company distributes 21 per cent of petroleum products consumed in the country by volume as of March this year.
27 May 15:09 • The Financial Express • 1288289580117275489.htmlTamil Nadu to create 47,000 plus jobs, inks deals for over Rs 15,000 crore investment
The investments, to the tune of Rs 15,128 crore will be in diverse sectors including manufacturing of commercial vehicles and energy, the government said adding nine pacts were signed at the Secretariat in the presence of Chief Minister K Palaniswami and eight other companies firmed up the deals via a virtual link.
27 May 15:36 • The Financial Express • 1288289580360737054.htmlIndian economy may expand by around 5% in FY22: Ex-RBI governor Subbarao
27 May 15:20 • 1 article
Indian economy may expand by around 5% in FY22: Ex-RBI governor Subbarao
According to Subbarao, the country is going to face its worst recession in the current financial year
27 May 15:20 • Business-Standard • 1502508925807511660.htmlBetter Buy: IBM vs. McDonald's
27 May 15:23 • 1 article
Better Buy: IBM vs. McDonald's
Learn which iconic brand is positioned for success after the COVID-19 pandemic.
27 May 15:23 • The Motley Fool • 2231313658905625970.htmlAdani Power gets approval to set up 1,320 MW plant in Madhya Pradesh
27 May 15:27 • 1 article
Adani Power gets approval to set up 1,320 MW plant in Madhya Pradesh
Pench Thermal Energy has signed a power purchase agreement with MP Power Management Company Ltd (MPPMCL) for procurement of 1,320 MW of electricity on long-term basis
27 May 15:27 • Business-Standard • 1502508925634775863.htmlReliance Jio pushed internet usage in India, coronavirus to accelerate it further: Morgan Stanley
27 May 15:43 • 1 article
Reliance Jio pushed internet usage in India, coronavirus to accelerate it further: Morgan Stanley
While Mukesh Ambani’s Reliance Jio brought telecom services revolution in India, the coronavirus pandemic will give a further push to digital adoption in the country as more and more people take to e-commerce to buy products.
27 May 15:43 • The Financial Express • 1288289581511185181.htmlRenault, Nissan rule out merger, unveil plan to save troubled alliance
27 May 15:05 • 1 article
Renault, Nissan rule out merger, unveil plan to save troubled alliance
Renault and Nissan were among the weakest global automakers going into the coronavirus crisis
27 May 15:05 • Business-Standard • 1502508926165808198.htmlHow To Get Nearly $10,000 Off A New 2020 Chevy Silverado
27 May 15:44 • 1 article
How To Get Nearly $10,000 Off A New 2020 Chevy Silverado
Costco offers incentives on the Silverado, Suburban, and Tahoe that combine with Chevy's existing deals that are available elsewhere.
27 May 15:44 • Motor1.com • 1648269241562207550.htmlWith overseas IPO for Jio Platforms, Mukesh Ambani may look to cash in on tech cold war with China
27 May 15:03 • 1 article
With overseas IPO for Jio Platforms, Mukesh Ambani may look to cash in on tech cold war with China
Going to the New York Stock Exchange or Nasdaq would make sense. U.S.-traded Chinese technology firms such as JD.com Inc. and NetEase Inc. are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate, as my colleague Nisha Gopalan wrote this week.
27 May 15:03 • The Financial Express • 1288289580595494947.htmlWhy General Electric Stock Jumped Nearly 10% at the Open Today
27 May 15:02 • 1 article
Why General Electric Stock Jumped Nearly 10% at the Open Today
The conglomerate's turnaround effort took another (small) step forward with the sale of an iconic division.
27 May 15:02 • The Motley Fool • 2231313658961018638.htmlVehant Technologies beats Covid-19 blues with AI-powered products
27 May 15:52 • 1 article
Vehant Technologies beats Covid-19 blues with AI-powered products
Known to be a pioneer in Artificial Intelligence (AI) based solutions, the start-up has sensed an opportunity in the 'colossal crisis'.
27 May 15:52 • Business-Standard • 1502508925909775023.htmlNTPC to enter distribution space, eyes ADAG's two BSES discoms in Delhi
27 May 15:01 • 1 article
NTPC to enter distribution space, eyes ADAG's two BSES discoms in Delhi
The ADAG has two discoms namely BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL)
27 May 15:01 • Business-Standard • 1502508926302582699.htmlEuro zone economy to shrink between 8% and 12% this year: Christine Lagarde
27 May 15:31 • 1 article
Euro zone economy to shrink between 8% and 12% this year: Christine Lagarde
Lagarde said the actual outcome would be between the "medium and "severe" scenarios
27 May 15:31 • Business-Standard • 1502508924721621052.htmlStocks mixed as tech sector weighs on the market
27 May 15:00 • 1 article
Stocks mixed as tech sector weighs on the market
Stocks were mixed Wednesday as a decline in tech shares kept the gains in check.
27 May 15:00 • Msn • 1509165514878161322.html50% of consumers expect to increase ecommerce spends in the next one month: Facebook-BCG Report
27 May 15:49 • 1 article
50% of consumers expect to increase ecommerce spends in the next one month: Facebook-BCG Report
The report also reveals how 43% consumers are expecting decrease in overall spend in the next six months
27 May 15:49 • The Financial Express • 1288289581036815560.htmlBeware of False Bottoms: Comparing Bitcoin and the S&P 500 to 1929’s Great Depression
27 May 15:32 • 1 article
Beware of False Bottoms: Comparing Bitcoin and the S&P 500 to 1929’s Great Depression
False bottoms in Bitcoin and a comparison between the S&P 500 now and in 1929 suggest that more downside could be ahead, just like in 1929.
27 May 15:32 • Bitcoinist.com • 1696346936685271521.htmlGovt orders probe against Jaiprakash Associates, Jaypee Infratech
27 May 15:25 • 1 article
Govt orders probe against Jaiprakash Associates, Jaypee Infratech
The Jaypee group has already sold many cement and power plants to reduce its debt
27 May 15:25 • Business-Standard • 1502508926104751539.htmlBond market signals rocky road ahead for Tata Motors, Jaguar Land Rover
27 May 15:55 • 1 article
Bond market signals rocky road ahead for Tata Motors, Jaguar Land Rover
JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out
27 May 15:55 • Business-Standard • 1502508926338325567.htmlNorthumberland Roman site gets rescue package to help it through coronavirus crisis
27 May 15:59 • 1 article
Northumberland Roman site gets rescue package to help it through coronavirus crisis
Vindolanda Trust gets loan from Lloyds Bank to help mitigate huge loss of visitor income
27 May 15:59 • ChronicleLive • 1984146901261460946.htmlCoromandel International's Q4 PBT rises 91%, total income up 8.84%
27 May 15:01 • 1 article
Coromandel International's Q4 PBT rises 91%, total income up 8.84%
The total income for the quarter rose 8.84 per cent to Rs 2880.82 crore from Rs 2646.96 crore in the year ago period.
27 May 15:01 • Business-Standard • 1502508926442085683.htmlBreaking: Tesla Cuts Model 3, X, & S Prices Up To 6% In North America, Model Y Unchanged
27 May 15:42 • 1 article
Breaking: Tesla Cuts Model 3, X, & S Prices Up To 6% In North America, Model Y Unchanged
According to Reuters, Tesla has cut prices in North America on all of its cars except the Model Y by up to 6%. At the same time, free unlimited Supercharging on Model S and X has been removed. The delivery times for custom ordered Model 3's has been reduced from 5–7 weeks to 3–5 weeks
27 May 15:42 • CleanTechnica • 1065744423437693093.htmlSA plans R357bn infrastructure fund, ANC says
27 May 15:56 • 1 article
SA plans R357bn infrastructure fund, ANC says
Focusing on ‘network industries’ such as rail and ports, energy, broadband connectivity, water, sanitation and human settlements.
27 May 15:56 • Moneyweb • 1092550946627906524.htmlDebt downgrades can push India bank fund raising to $20 billion
27 May 15:11 • 1 article
Debt downgrades can push India bank fund raising to $20 billion
A legacy of bad loans, a shadow banking implosion and a historic bank bailout in March have left Indian lenders weakened coming into the coronavirus lockdown.
27 May 15:11 • The Financial Express • 1288289581597414109.html