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Salary Cuts Imminent: Deloitte Says 27 of the Top 100 Firms on NSE Can’t Sustain Wage Bill – News18

by abhinav | Apr 29, 2020 | News

A study by Deloitte found that 27 companies of the 100 listed on the NSE, won’t be able to sustain current wage bill from cash profits, if their revenue dips by 30 per cent or more. Read More

reported by News18 at News18.com

Coronavirus crisis | Tata Steel’s European units may not receive funding from parent: Report – Moneycontrol

by abhinav | Apr 29, 2020 | News

On April 13, Tata Steel’s board approved a plan to raise as much as Rs 7,000 crore through non-convertible debentures (NCDs). Read More

reported by at Moneycontrol.com

Credit Risk Schemes See Outflows After Franklin Templeton’s Wind-Down – BloombergQuint

by abhinav | Apr 29, 2020 | News

Kotak, Aditya Birla Sun Life and HDFC MFs are among the firms that have seen assets under their credit schemes fall by over 20%. Read More

reported by Yash Upadhyaya at Bloombergquint.com

Glaxo Plans Sale of $3.7 Billion Stake in Unilever India – BloombergQuint

by abhinav | Apr 29, 2020 | News

Glaxo plans to offload part or all of its 5.7% holding in Hindustan Unilever through a series of block trades. Read More

reported by Baiju Kalesh, Anto Antony at Bloombergquint.com

Top 5 BS6 Bikes Priced Under Rs 2 Lakh In India Right Now – GaadiWaadi.com

by abhinav | Apr 29, 2020 | News

As the demand for sporty and capable, yet affordable motorcycles grows across the country, manufacturers continue to target this segment Read More

reported by at Gaadiwaadi.com

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