In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
We are adapting to the situation by innovating new delivery modelss, launching brand campaigns that are impactful in the current context and closely monitoring changes in consumer buying behaviour, he said.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
The sedan portfolio grew 39 per cent in the January-September 2015.
The S&P BSE Midcap and the S&P BSE Smallcap indices slipped in red to shed over 1% each
The S&P BSE Sensex plunged 128 points to end at 25,102.
Housing sales fell 37 per cent year-on-year during the 2020 calendar year while gross office space leasing declined 35 per cent on low demand because of the coronavirus pandemic, but demand improved significantly in the last quarter to cross pre-COVID level, property consultant Knight Frank India said on Wednesday. In its 'India Real Estate - Residential and Office Update H2 2020' report released on Wednesday, the consultant reported that sales of residential properties fell 37 per cent to 154,534 units in 2020 across eight cities as compared with 245,861 units in the previous year.
Experts believe cyclical glitches account for the downturn in mobile-phone sales
Investors accumulated quality stocks at valuable and attractive levels.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
The US and Europe are key markets for the over $ 140 billion Indian outsourcing sector.
Sensex ends in green on boost from bluechip stocks.
China's economy, which suffered 6.8 per cent slump in the first quarter due to the coronavirus pandemic -- the worst in 44 years -- bounced back posting 4.9 per cent growth between July and September buoyed by the government's sweeping efforts to stimulate demand and consumption.
Vodafone Idea, the country's third largest telecom operator, on Wednesday reported a staggering Rs 73,878 crore of net loss in fiscal ended March 2020 -- the highest ever by any Indian firm -- after it provisioned for Supreme Court-mandated statutory dues. The firm, which has to pay Rs 51,400 crore dues after the apex court ordered the non-telecom revenues to be included in calculating statutory dues, said the liability has "cast significant doubt on the company's ability to continue as a going concern".
RCF was burdened by the heavy losses it recorded for FY 2002-03, plummeting 9.54% to Rs 22.75\n\n
Gillette had a brush with gains in early trades on Friday after lowering losses for the fourth quarter and recording a net profit for the full year.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
As Unilever's COO, he is expected to take significant load off CEO Alan Jope, pushing growth across markets and driving go-to-market activities.
'Vaccination is very important for an economy to start functioning properly.'
Sectorally, telecom, realty, auto and banks were among the top losers, shedding as much as 2.22 per cent.
"On demonetisation, across the board for pretty much all of industry, and CPG (Consumer Packaged Goods) in particular because it hit the individual retailer significantly, demonetisation had a significant impact on our India business in Q4," Nooyi said during an earnings call for Pepsi's fourth quarter that ended on December 2016.
Converts part of fixed salary component into variable one
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
'The coronavirus impact is much bigger than what the market had predicted. We are helpless and simply watching the market at present. Nothing can be done,' said Anil Devli, chief executive officer (CEO) of Indian National Shipowners' Association (INSA).
Markets ended weak tracking the expiry of April derivative contracts.
Stock markets will remain closed on Tuesday
Stating that implementation of the demonetisation policy had its "share of challenges", Nooyi hoped that things will return to normal by the second quarter.
The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.
Shares of RIL ended 2.4% higher as it pips TCS to become most valued firm
RIL's profit before interest and depreciation increased by 8%.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation
And why markets could give up 25 per cent of all these gains made since March 2020
Markets end almost flat, bluechips in focus.
Reliance announced a rights issue of Rs 53,125 crore, which it said was the biggest in India.
Brokerage firm CLSA says in its interactions with government officials, measures such as the dollar-deposit scheme were under consideration.
Analysts welcomed the better Q2 GDP readings of 4.8 per cent, which came in above their expectations, but warned that the planned expenditure cuts by the government will be the key thing to watch out going forward.
