Sectorally, selling pressure was visible in banks, metals, power, finance, and auto space while some buying was seen in the telecom and healthcare stocks. The Nifty Bank closed 3.1 percent lower at 21,392, weighed down by losses in RBL Bank, IndusInd Bank, Axis Bank, SBI, ICICI Bank, and HDFC Bank. … [Read more...] about Taking Stock: Financials drag market; Sensex plunges 600 points, Nifty holds 10600
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If you decide to move to local market pay rates for distributed employees, you don’t need to do it all at once. Not everyone has to take the plunge like Facebook. Instead, you may decide to align newly remote employees to local target rates as part of the next several raise/review cycles. New hires can be hired at rates appropriate to their location, while current employee rates are adjusted over time to reduce shock to their pocketbooks. This process can take a few years to work through changes, so prepare to revisit this over the next several comp cycles. … [Read more...] about The work-from-anywhere era changes everything about compensation
So questions have been raised on whether this trend can be sustainable since pent-up demand will eventually get exhausted and the market will have to then survive on the fundamental demand. Though manufacturers themselves are not able to clarify if the sales trend will sustain itself given the widespread disruption by COVID-19, some initial trends in retail off-take may provide a better understanding. … [Read more...] about This week in Auto: Has real demand picked up?
"With sharpened product portfolio suiting to customer requirements, entrenched distribution network along with capability build-up in analytics for demand planning and fulfilment, as well as omni-channel, AFL, is strongly placed to recover faster from the impact of ongoing pandemic," it said. … [Read more...] about Arvind Fashions reports Q4 net loss of Rs 208 crore
Dr Reddy's Laboratories on Tuesday announced the launch of over-the-counter Nicotine Polacrilex lozenges in the American market. The company has launched Nicotine Polacrilex lozenges in the strengths of 2 mg and 4 mg in the US, the pharma major said in a filing to BSE. … [Read more...] about Dr Reddy’s Laboratories launches OTC Nicotine Polacrilex lozenges in the US