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SoftBank doubles Vision Fund chief, Rajeev Misra’s, pay despite record loss – Economic Times

by abhinav | May 30, 2020 | News

The pay hike for Rajeev Misra comes at a time when the Vision Fund is planning deep cuts in staffing. Read More

reported by Bloomberg at The Times of India

Chinese Covid-19 vaccine expected to begin mass output this year – Hindustan Times

by abhinav | May 30, 2020 | News

The production line for the vaccine will be fully disinfected and closed in preparation for output to start Saturday, and will have a full manufacturing capacity of 100 million-120 million vaccines each year. Read More

reported by Bloomberg | Posted by: Shankhyaneel Sarkar at Hindustan Times

Large companies fear losing out on GST credit if vendors, suppliers go bankrupt due to Covid crisis – Economic Times

by abhinav | May 30, 2020 | News

Vendors face indemnity papers, blocked payments as firms try to ringfence them from defaults. Read More

reported by Sachin Dave and Vinod Mahanta at The Times of India

SEBI extends power of attorney norms implementation date to Aug 1 – Moneycontrol

by abhinav | May 30, 2020 | News

Besides, title transfer of securities to the client collateral demat account of the TM/ CM for margin purposes will not be permitted. Read More

reported by at Moneycontrol

Decoding GDP data: India’s economy suffered a double whammy last fiscal and the worst is yet to come – Moneycontrol

by abhinav | May 30, 2020 | News

The Gross Fixed Capital Formation (GFCF), which is a major indicator that shows investment activity on the ground, contracted by 2.8 percent in FY2020 as against a growth of 9.8 percent in the previous fiscal year Read More

reported by at Moneycontrol

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