Business

[ad_1] Asset managers are cutting back on bad investments, seeking bank loans and a liquidity intervention from the Reserve Bank of India (RBI) to stem the consequences of large repayments. As of April 23, four fund houses had borrowed ₹Rs 4,427.68 million to manage bailout pressure, according to the Mutual …

[ad_1] Lawsuit erased by coronavirus Crude oil prices have plummeted by about 80% this year as the pandemic has spread across the world and across all sectors of the economy, killing nearly 180,000 people, routing to financial markets and leading to the worst economic crisis since the depression of the …

[ad_1] Alex Dovbnya Bitcoin (BTC) price hitting $ 10K or your first bar drink since COVID-19 crash? Mike Novogratz wants to know what will come first Content Reopening of the wounded economy Don’t bet against Novogratz Former hedge fund manager Mike Novogratz has asked his followers if they could have …

[ad_1] When the 2020 pandemic timeline is completed, March 24 will be highlighted as a day to remember for everyone from sports fans to anthropologists and cola drinkers. Japan postponed the Summer Olympics that day. India put 1.3 billion people under lockdown. The inhabitants of the United Kingdom woke up …

[ad_1] Multinational companies, BPOs and IT-enabled services (ITES) in Gurugram may have to allow their employees to work from home until the end of July, says VS Kundu, CEO of the Gurgaon Metropolitan Development Authority. Kundu, who is also Haryana’s additional chief secretary, added that several real estate projects, including …

[ad_1] By Angus Whitley Higher fares, fewer routes, pre-flight health checks, and less free food: The coronavirus pandemic is ushering in a new era of air travel. A seismic shift is taking place as the world’s airlines reassess their operations and how they will emerge from the crisis. In eerily …

[ad_1] New Delhi: Five of the top 10 national companies added Rs 1.63,795.48 crore in market capitalization last week, with RIL accounting for the majority of earnings. Tata Consultancy Services (TCS), HDFC Bank, Infosys and Kotak Mahindra Bank were the other companies in the Top 10 list that saw an …

[ad_1] Currently, all Indian airlines remain grounded due to an extension of the government-imposed blockade. But the new normal that will require social distancing will reduce the warmth and hospitality of air services. For example, interactions between business class passengers and cabin crew members during a mid-distance flight will decrease …

[ad_1] The Chinese company OnePlus that launched the OnePlus 8 and 8 Pro flagships this week has laid off several workers in Europe as part of its restructuring plans. The smartphone maker said it is making organizational changes in some existing markets, specifically Germany, France and the UK, adding that …

[ad_1] This weekend has been quite positive for the cryptocurrency market. All the top 10 coins have returned to green. Tezos (XTZ) has had the highest gains, increasing around 4% since yesterday. Top 10 Coinstats CoinsThe recent growth of Bitcoin (BTC) and other currencies has had a positive effect on …