The aggregate FPI ownership, as percentage of overall holdings, has incessantly reduced in the BSE-500 since September 2019. Madras High Court has injucted Patanjali from using the brand name 'Coronil' over trademark violations. Tanishq, the jewellery arm of The Titan Company, is looking at digital route as an important engine of growth in the COVID era, as consumers are increasingly opting for online shopping due to safety concerns.
FPIs sequentially reduced stakes in almost two-third of BSE 500 stocks and their holdings in some 19.2 per cent companies have continually declined since Q2FY20.
Madras High Court on Thursday injuncted Patanjali Ayurved from using trademark 'Coronil' in connection to the products produced by it as immunity boosters.
The branded jewellery retail market has suffered a de-growth of over 70 per cent during the lockdown and jewellery brands have little choice but to capitalise on the digital medium for growth.
Borrowers can avail the new resolution plan by December 31, 2020, and the same must be implemented within 90 days from the date of invocation.
IPL 2020 updates: With Vivo's exit, the BCCI now has a tough task of finding a new title sponsor at a short notice in a market ravaged by the coronavirus pandemic.