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.
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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.
Markets are yet to bottom out
Analysts with varied views have the 2008 global financial meltdown as the nearest comparable to the Covid-19 pandemic. But they are agreed on one thing: the need for caution.
‘India won’t get stuck in 5% GDP growth scenario’
As a result of the Covid-19 crisis, India can become an attractive investment destination, says Jaspal Bindra, executive chairman, Centrum Group.
U.S. to probe M&M over Fiat Chrysler complaint
Mahindra said Fiat Chrysler’s complaint is without merit. It said that it and its North American unit had filed a public interest statement with the ITC and had begun proceedings in a Michigan court.
