Nifty, Sensex under pressure– Monday closing report
Moneylife Digital Team
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We had mentioned in previous week’s closing report that Nifty, Sensex were directionless. On Monday, the indices suffered a major correction and ended with huge losses. On the NSE, there were 241 advances, 1,740 declines and 313 unchanged.
The trends of the major indices in the course of Monday’s trading are given in the table below:
Tata Power Company terminated a near USD 2- billion investment deal with Malaysian state-owned oil and gas company Petroliam Nasional Bhd (Petronas) in a proposed renewable energy infrastructure investment trust (InvIT), Mint reported.
Flipkart announced that it will work with Adani Logistics to strengthen Flipkart’s supply chain infrastructure and further enhance its ability to serve its rapidly growing base of customers. In addition, Flipkart will set up its third data centre at Adaniconnex’s Chennai based facility.
Tuesday, 06 Apr 2021 04:18 PM MYT
AirAsia Group CEO Tony Fernandes speaks during a news conference at the AirAsia headquarters in Sepang in this file picture taken on December 13, 2017. Reuters pic
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KUALA LUMPUR, April 6 AirAsia Group Bhd plans to re-hire the employees it had to retrench last year once the airline business starts to pick up.
Recognising that having to terminate the services of some 2,000 employees last year was a tragedy, group chief executive officer Tan Sri Tony Fernandes has vowed to re-hire all of them and is confident that the low-cost carrier will be able to do that.
06 Apr 2021 / 16:37 H. Reuters
KUALA LUMPUR: AirAsia Group Bhd plans to re-hire the employees it had to retrench last year once the airline business starts to pick up.
Recognising that having to terminate the services of some 2,000 employees last year was a tragedy, group chief executive officer Tan Sri Tony Fernandes has vowed to re-hire all of them and is confident that the low-cost carrier will be able to do that.
“We had the tragedy of losing 2,000 staff through Covid-19. Before I retire, I must make sure that I hire everyone back.
“That is my goal and I am very confident we can do that when flying resumes, supported by our other businesses,“ said the aviation tycoon during the virtual Reimagining Malaysia Assets (RESET) 2021 conference held today.
AirAsia aims to re-hire retrenched employees thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Monday, 05 Apr 2021 10:50 AM MYT
Petroliam Nasional Bhd executive vice-president and chief executive officer, upstream, Adif Zulkifli said as an industry tasked with catering to the growing energy demand, it was critical for the national oil company to continue to deliver energy that was affordable, secure and sustainable. Reuters pic
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KUALA LUMPUR, April 5 Oil and gas will continue to make up a significant portion of the energy mix, although at a declining trend of 47 per cent by 2040 from about 54 per cent in 2018 due to the growth of renewable energy.