Bharat Heavy Electricals Limited (BHEL) continues its boom
It has now risen nearly 10 percent to Rs 29.30, up from the previous closing price of Rs 26.65, the first round has now been adjusted. Keep in mind that it climbed more than 25 percent in Wednesday's trade. Last week, BHEL demanded EOIs from foreign companies seeking to use the currently unused factories for manufacturing in India. It was now reported that a large number of shares were purchased at a cost of Rs 29.15. Shares of Bharat Heavy Electricals gained 4.50% to close at Rs 7.85 on the BSE, closing at Rs 266.65 today. At this price, the company has a market capitalization of Rs 9697.55 crore. It has a 52-week high of Rs 75.50 and a 52-week low of Rs 19.20.
IndiGo will cut salary of pilots taking training by 50%
Indigo has changed the contract of the pilots to training at present. According to the new terms added by the airline in the contract, after changing the list (work schedule), the salary can be reduced by 50%.
Under the new contract, these pilots are on a two-week job, not a two-week job. Often the pilot is asked to remain available for the entire month, and this depends on the holiday list. Shorter flight time affects the benefits offered to the pilot.
IndiGo CEO Ronjoy Dutta wrote a letter to employees, stating that it would take 1.5 to five days to leave without pay depending on the crew of the employees. A serious level of staff will not be affected among our employees. The company said the pay cut was from May, which was withdrawn with an announcement in April.
Earlier in April, the company withdrew its March cut notice following a government request not to reduce the pay if the company shut down.
In the next three to six months, the insurance premium may increase by 20–40%.
The premium for a one-term insurance policy will be 20 to 40 percent more expensive over the next three to six months. According to the insurance wholesale policy market, the premium for term insurance will increase in the coming months.
According to Santosh
Aggarwal, Chief Business Officer (Life Insurance), Policy Bazaar, "In the
last one month, some insurance companies have already raised the premium for
term life insurance by 20 per cent. They will be increasing by another 20% in the next three to six months. Can. Companies that have not yet
increased the premium of insurance can together increase the premium by 40%.
"
Maruti Suzuki to present Q4
results, forecast 30% drop in profits
Maruti Suzuki will deliver the quarter today. It is estimated that the company will reduce YOY's revenue by 30% this quarter due to the impact of the lockout. Please tell that 10 days of March room have been affected by locks.
In the fourth quarter, the company could see a return of 15 to 20 percent on annual revenue. The reason for this would be a 16 percent drop in the company's sales.
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