COMPANIES
With third investment in three weeks, Jio Platforms barrels into the FAANG club
Vista deal a ringing endorsement of the opportunity presented by digital India and the execution/tech capability of Reliance Industries to take advantage of said opportunity
BUSINESS
4 private equity players express interest in JB Chemicals: Report
KKR, Carlyle, Apax Partners and PAG have placed separate non-binding bids that value JB Chemicals at Rs 4,800-5,000 crore
INFOGRAPHIC
Chart of the day | O, what a fall was there, my countrymen!
PMIs show economic activity in India slumped to its lowest level since the surveys began over 14 years ago
BUSINESS
Chart of the Day: How was FMCG sales growth doing before COVID-19 hit?
There was surprisingly good news on this front as both urban and rural markets were preparing for a bounce before COVID-19 executed a washout
INFOGRAPHIC
Chart of the Day | How badly will the current squeeze affect India Inc’s debt servicing ability?
Firms with interest coverage ratio of less than one expected to increase sharply in FY21
ECONOMY
PMI shows Indian manufacturing sector shrank at record pace in April
The reduction in employment was the quickest in the survey’s history
BUSINESS
Silver Lake investment a feather in the cap for Reliance Industries
The deal, in the midst of the pandemic and at a premium to the Facebook investment, is another sign of confidence in Reliance Jio’s enormous potential
INFOGRAPHIC
The one chart that captures the market puzzle
Indian stocks are ignoring COVID-19 data
INFOGRAPHIC
The bulk of economic activity in the country is in the red zones
Green zone districts account for a mere 5.9 percent of outstanding bank credit in the country
BUSINESS
Counter the Dragon: Why the Jio-Facebook deal makes strategic sense
Unlike Chinese self-aggrandisement, the partnership is also a true reflection of Indian ethos: Jio aur Jeene Do.
INFOGRAPHIC
Fitch Ratings revises GDP forecasts for the second time in a month
It’s very likely they will have to revise them again very soon
INFOGRAPHIC
World Bank says remittances will fall sharply this year
Remittances accounted for 2.8 percent of India’s GDP in 2019
BUSINESS
Jio's Facebook deal enhances its share of a digital consumer's life
Ambani’s belief, and the ambition to transform the lives of 1.3 billion Indians got a big validation today
INFOGRAPHIC
Chart of the Day: The downside risk for valuations
A cut in earnings estimates for FY21 may take the sheen off low valuations
MARKETS
Chart of the Day | Hardly any sign of a crisis on the Nasdaq long-term chart
Is it an argument for long-term investing or recognition of the resilience of frontline tech stocks?
INFOGRAPHIC
Chart of the Day | India’s fiscal support so far much lower than other countries
IMF says India’s fiscal stance should be eased
INFOGRAPHIC
Chart of the Day | Fiscal deficit, what is that?
Governments across the world are throwing deficit concerns out of the window to fight the pandemic
ECONOMY
Was industry on the road to recovery in February, before the virus hit?
Mild steel slabs contributed 2.25 percentage points to the overall IIP growth of 4.5 percent
ECONOMY
Chart of the day | Bank credit growth didn’t fall off a cliff in March
But the worst is yet to come
ECONOMY
Chart of the day | WTO says trade slump this year will be worse than during global financial crisis
Services trade may be the component of world trade most directly affected by COVID-19 through the imposition of transport and travel restrictions
ECONOMY
CMIE: Unemployment skyrockets
It’s obvious that unemployment will increase as a result of the lockdown in the economy
MARKETS
Chart of the day | India’s under-performance over EMs may be due for a reversal
A long term analysis of India's markets versus an EM benchmark shows severe under-performance is followed by a reversal
MARKETS
SEBI directive to credit rating agencies muddies the waters
There is a good possibility that COVID-19 will cause permanent damage to some firms. We can’t always be sweeping bad news under the carpet.
ECONOMY
UNCTAD says things will get much worse for developing countries before they get better
The flight to safety has already caused record capital outflows from emerging economies, triggering large currency depreciations against lead currencies and widening spreads
