How Covid-19 gave Nirav Choksi's fintech a leg-up
CredAble, a supply chain financing fintech, has seen monthly disbursal jump from an average ₹100 crore to ₹1,000 crore through the Covid-19-induced lockdown.
novel coronavirus
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Global FDI flows fall by 49%: UNCTAD
According to the UN body, global foreign direct investment flows fell 49% in the first half of 2020, compared to 2019, due to the economic fallout from Covid-19.
Covid-19 shadow on FPI flows
In the five years since 2016, FPIs recorded their second worst performance on total flows in the nine months ended September 2020, with debt flows recording their worst show of five years.
Re-evaluating earn-outs
It is time to re-evaluate earn-out clauses, a key component of M&A deals, in light of the Covid-19 crisis.
COVID-19: The dilemma company directors face
Due to the pandemic, it is not just businesses; even directors seem to be caught between a rock and a hard place.
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.
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.
‘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.
When fear overtakes greed
Franklin Templeton India has closed six yield-oriented schemes—which accounted for 63.4% of its total debt-oriented funds’ average AUM. It links the closure to Covid-19-related market dislocations.
