by pallanus | Jun 19, 2020 | Business News
World stock markets turned higher on Friday despite concerns that a global economic recovery may be derailed by coronavirus infections. Shares rose in most major markets and US futures surged after Asia got off to a mixed start. Global markets have recovered most of...
by pallanus | Jun 19, 2020 | Business News
Indian shares closed higher on Friday, boosted by a sharp rise in Reliance shares after the oil-to-telecoms conglomerate said it was net-debt free, helping investors briefly shift focus from rising coronavirus infections and border tensions with China. The NSE Nifty...
by pallanus | Jun 19, 2020 | Business News
The micro, small and medium enterprises (MSME) sector faces an existential crisis due to acute shortage of revenue, according to ratings agency Crisil. Latest data suggests revenue growth will plunge into deep negative territory this fiscal because of the Covid-19...
by pallanus | Jun 19, 2020 | Business News
Both petrol and diesel rates have been hiked by over Rs 7 in the past 13 days of revision by oil marketing companies (OMCs). Petrol and diesel rates have been hiked for the 13th consecutive day. (Photo: PTI) HIGHLIGHTS Petrol and diesel rates have been hiked on...
by pallanus | Jun 19, 2020 | Business News
RIL has raised a total of Rs 1,68,818 crore in less than two months; 58 days to be precise. Reliance’s Jio Platforms raised Rs 1,15,693 crore through investments made in it by global tech investors. The rest Rs 53,124.20 crore was raised via the mega rights issues....
