BizVd Morning Bulletin | 31 July 2020 |
1. Telecom operator Bharti Airtel on Wednesday reported a loss of Rs 15,933 crore for the June quarter period compared to last year Rs 2,866 crore in the same period. Airtel posted its fifth straight quarter of decline due to additional provision for statutory dues.
2. Sitting on the world's largest private gold stockpile, Indian families are racing to invest against their jewels as the precious metal surges to peaks and the coronavirus pandemic sparks an economic slowdown. Today, finance companies and banks are leveraging the market to attract more moneylenders clients.
3. The initial public offer (IPO) of Blackstone backed Mindspace Business Parks REIT has been subscribed 13 times on the third and last day of bidding.
4. Markets regulator SEBI announced relaxation of one month till September 15 to publicly listed companies for submitting their June quarter results amid coronavirus pandemic.
5. Tech Mahindra has entered into a global strategic alliance with Cyber Security solutions company CyQureX, part of the Hinduja Group, to assist customers through positive digital transformation.
2. Sitting on the world's largest private gold stockpile, Indian families are racing to invest against their jewels as the precious metal surges to peaks and the coronavirus pandemic sparks an economic slowdown. Today, finance companies and banks are leveraging the market to attract more moneylenders clients.
3. The initial public offer (IPO) of Blackstone backed Mindspace Business Parks REIT has been subscribed 13 times on the third and last day of bidding.
4. Markets regulator SEBI announced relaxation of one month till September 15 to publicly listed companies for submitting their June quarter results amid coronavirus pandemic.
5. Tech Mahindra has entered into a global strategic alliance with Cyber Security solutions company CyQureX, part of the Hinduja Group, to assist customers through positive digital transformation.
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