Moneycontrol' Sakshi Batra shares more details on how COVID-19 could spell the worst for the realty sector and what should home buyers do who have already bought a house or are planning to buy one?
Existing investor Tencent leads the round, with Ark Impact, Korea Investment Partners and MACM India Growth Fund joining in.
The hackers took over host controls and posted abusive messages on the participants' chat window.
In a bearish scenario, sector leaders with relatively stronger balance sheets, higher earnings visibility, strong cash flows, and management with a good track record should be preferred.
Hotel room occupancies across India slumped 67 percent by March 21, just three days before the three-week nation-wide lockdown.
From promising no increase in commissions to helping with ensuring strict hygiene standards at partner restaurants, Swiggy and Zomato are coaxing resturants to resume business.
The wholesale commodity markets, including metal and bullion, will remain shut. There will be no trading activity in the forex and commodity futures markets, too.
Officers and employees unions have suggested to RBI’s top management the names of potential suitors — Bank of India (BoI), Saraswat Cooperative bank and a few private banks — that could take over the scam-ridden Punjab and Maharashtra Cooperative Bank (PMC).