Astral in wait-and-watch mode
Astral Poly Technik, a FORTUNE INDIA 500 lister since 2016, and one of FORTUNE INDIA’s TOP 100 Wealth Creators in 2019, sees consolidation picking up in the pipe industry due to the Covid-19 pandemic.
coronavirus lockdown
May 2020
April 2020
Covid-19: VC-backed healthtech deal values soar
Venture capital investment in healthtech hits $8.2 billion in the first quarter of 2020, the highest quarterly total on record, says Preqin; large deals continue to be made.
Covid-19: Impact on alternative assets
The alternatives industry faces short-term disruption due to the Covid-19 pandemic, but the longer-term impact is more positive, says Preqin.
Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
Net redemptions in credit risk funds drop 81.5%
Mutual funds industry body AMFI cites the central bank’s ₹50,000 crore special liquidity facility for the development.
Markets close in the green in April
Both the Sensex and the Nifty 50 stage more than 14% recovery. The Sensex market capitalisation is up by nearly ₹7.63 lakh crore with 13.48% monthly growth.
‘Digital is the new reality for life insurance’
The MD & CEO of Bajaj Allianz Life Insurance Company says the industry saw new business fall 32% in March as a result of Covid-19.
RBI opens special liquidity facility for MFs
The central bank announces ₹50,000 crore special liquidity facility for mutual funds to help debt funds tide over market disruptions caused by Covid-19.
Covid-19: Challenges businesses need to address to emerge stronger
As businesses plan to resume operations post the lockdown, resurrecting supply chains and making them more resilient will be the biggest challenge for organisations.
In pictures: India under lockdown
India completes one month under the nationwide lockdown, implemented to control the spread of the Coronavirus.
