There has been a spurt in the demand for sanitisers following the outbreak of coronavirus in the state and to deal with this, the government issued licences to 27 distilleries and 15 sanitiser-manufacturing companies, Principal Secretary, Excise, Sanjay Bhoosreddy said. … [Read more...] about UP govt issues licences to 42 companies to make 40,000 litres of sanitisers per day
Er that will save your company
“For us, a typical salary negotiation would begin with a 10-15 percent and go upto 40 percent for candidates with high-demand skills. But, now even those with niche skill sets are ready to take up a job offer if it is a 5 percent hike,” said the HR head at a financial services firm. … [Read more...] about Coronavirus pandemic | Worried about pink slips, execs now ready to move jobs with pay-cut
“Likewise similar talks are ongoing for our Advisory business (Edelweiss Global Investment Advisors) that has seen two previous infusions, a few months ago. We will continue to do what is in the best interests of our investors to unlock value, including listing the operating companies at the appropriate time and in consultation with our partners,” it said. … [Read more...] about Exclusive | Edelweiss in talks to raise capital in advisory vertical; demerger & listing next on cards
The 201-odd companies together owed a debt of Rs 14.9 trillion at the end of September 2019. This figure would rise to Rs 17.1 trillion if the figures for the 2018-19 financial year is also considered. Against this, all the 787 non-financial companies together owed Rs 24.2 trillion on September 30, 2019, and Rs 30.7 trillion on March 30, 2019. … [Read more...] about Coronavirus pandemic | Corporate finances to be hit as lockdown endangers debt worth Rs 15 trillion
“There have been instances of loss of invested capital, hence the investor must ensure that he should not end up into value trap in pursuit of high dividend,” he said. Bobade further added that investors should check the source of cash used for a dividend to ensure that the business generates sufficient cash for dividend distribution. … [Read more...] about High-dividend stocks seem safe bet in times of uncertainty; which one should you buy?