Alibaba probe stirs worry about what’s next for Chinese tech – The Economic Times

Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/alibaba-probe-stirs-worry-about-whats-next-for-chinese-tech/articleshow/80005334.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Alibaba and its three largest rivals — Tencent Holdings Ltd., food delivery giant Meituan and JD.com Inc. — have shed nearly $200 billion

From the brink to recovery, India’s retail sector pins hope on 2021 – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/services/retail/from-the-brink-to-recovery-indias-retail-sector-pins-hope-on-2021/articleshow/80007102.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the

Auto parts industry revenue to grow 16-18% in FY22; outlook revised from negative to stable: ICRA – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/auto-parts-industry-revenue-to-grow-16-18-in-fy22-outlook-revised-from-negative-to-stable-icra/articleshow/80009781.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis ICRA expects the domestic auto component industry’s revenue to grow 16-18 per cent in the financial year starting April 2021, supported by factors

Loan restructuring requests much lower than estimated: Analysts – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/loan-restructuring-requests-much-lower-than-estimated-analysts/articleshow/80012185.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Analysts are also forecasting lower credit provisions and better profitability for banks in the next fiscal year starting April 1, on the back

Profitability of NBFCs may be impacted due to loan impairment, low demand: RBI – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/profitability-of-nbfcs-may-be-impacted-due-to-loan-impairment-low-demand-rbi/articleshow/80012924.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The stronger and the deposit-taking NBFCs may however fare better as many have reported strong revival in disbursements and collections, almost to pre-COVID

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