- 3 in 4 brands cut marketing budgets post Covid in India: Report(12:22)
New Delhi, Oct 20 (IANS) Over three in four brand marketers (76 per cent) in India have reduced the marketing budgets post Covid-19, shifting advertising budgets towards social media (76 per cent) and paid search (64 per cent) in the post-pandemic environment, a new survey said on Tuesday.
- Kapil Wadhawan offers family assets to repay DHFL lenders(12:36)
By Rituraj Baruah
Mumbai, Oct 19 (IANS) Kapil Wadhawan, promoter of the bankrupt Dewan Housing Finance Corporation Ltd (DHFL), has offered the monetisation of his family's properties which he says are worth around Rs 43,000 crore for repayment towards the lenders.
- Markets to have wilder swings intra-day (Market Watch)(14:12)
By Arun Kejriwal
Markets gained on four of the five trading sessions, yet closed with losses in the week gone by. The BSESENSEX lost 526.51 points or 1.30 per cent to close at 39,982.98 points. NIFTY lost 151.75 points or 1.27 per cent to close at 11,762.45 points. The broader market saw BSE100, BSE200 and BSE500 lose 1.43 per cent, 1.37 per cent and 1.35 per cent, respectively. BSEMIDCAP was down 0.98 per cent while BSESMALLCAP lost 1.40 per cent.
- RBI's loan recast framework to support Covid-hit realty projects(13:44)
New Delhi, Oct 18 (IANS) The Reserve Bank of India's framework for loan recast or stress resolution for the Covid-19 related stress which allows banks to restructure loans of real estate companies at the project level comes as a major relief for developers who have been hit amid the pandemic and their specific projects have come to a halt due to liquidity crunch.