Most companies that availed loan moratoriums were facing challenges before COVID-19: Crisil
The RBI introduced the loan moratorium from March to help businesses and individuals impacted by the pandemic. Interest on the loans will keep getting accrued, but a borrower will not be tagged as a defaulter for non-payment.
In a first in India, RPG allows all sales employees to now work from home permanently
The $4 billion group, which has a presence in tyres, IT, health, energy, infrastructure and plantations, has framed a new policy wherein all its sales people will permanently work remotely, whileother employees would WFH 50% of the time. For office-based staff, this can extend to 75% in special cases.
BSE NSE Bulk Deals: HDFC MF Smallcap laps up shares of Transport Corporation of India
Sunil Singhania’s Abakkus Asset Manager LLP and Abakkus Emerging Opportunities Fund bought 1.45 lakh and 17.22 lakh shares of Acrysil respectively at an average price of Rs 101.30, BSE data showed.
Four Indian corporations among companies urging world leaders for net-zero recovery from COVID-19
Four Indian corporations are among over 150 global companies that have signed a statement urging governments around the world to align their COVID-19 economic aid and recovery efforts with the latest climate science that prioritises a faster and fairer transition from a grey to a green economy.
Power Finance Corporation Ltd. shares drop 1.37% as Sensex rises
The stock quoted a 52-week high of Rs 133.3 and a 52-week low of Rs 74.2.
Hindustan Petroleum Corporation Ltd. shares falls 0.1% as Nifty gains
A total of 71,509 shares changed hands on the counter till time (IST).
Virtual innovations enable to honour hiring commitment during COVID-19: L&T
The conglomerate said various virtual innovations helped it hire candidates and the joining of over 940 trainees was done in virtual mode.
Sell Power Finance Corporation, target price Rs 82.6: ICICI Direct
Power Finance Corporation Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 22110.68 Crore) operating in Term Lending Institutions sector.
Buy General Insurance Corporation of India, target price Rs 171: HDFC Securities
The share price moved down by 0.37 per cent from its previous close of Rs 121.80. The stock’s last traded price is Rs 121.35.
Corporate bond issuers caught in a bind
The largest insurer is said to have invested in the 10-year papers sold by the Rural Electrification Corp at 7.25%, about 20 basis points lower than secondary market trades in similar papers.
How some of India's top CEOs faced the pandemic and what they learnt from it
India’s CEOs are navigating their businesses through an unprecedented disruption. ET Magazine asks them how they have adapted and what they have learned.
Container Corporation of India Ltd. share price up 0.83 per cent
A total of 26,757 shares changed hands on the counter till 12:30PM (IST).
IL&FS initiates the process of selling its corporate home in Bandra-Kurla Complex
The company hasn’t set any reserve price for the asset, said two industry sources with direct knowledge of the development. Bids for the property being monetized through a price-discovery mechanism are expected to be submitted by November 20. Last month, ET had reported about the company’s plan to put the asset on the block.
Power Finance Corporation Ltd. shares gain 1.06% as Sensex falls
On the technical charts, the RSI of the stock stood at 57.15.
Hindustan Petroleum Corporation Ltd. shares rise 0.18% as Sensex slides
A total of 37,664 shares changed hands on the counter till 10:52AM (IST)