: Latest #StockMarketNEWS by #MunafaSutra daily updates Around Rs 10.52-trn corporate debt may default

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Latest #StockMarketNEWS by #MunafaSutra daily updates

Around Rs 10.52-trn corporate debt may default over 3 years: India Ratings. Further, around 25 per cent of the vulnerable debt is likely to turn delinquent, resulting in additional Rs 2.54 trillion of delinquent debt

BS-VI transition, supply disruption due to virus put car sales in slow lane. Carmakers also forecast that a continuous shutdown in China due to the spread of coronavirus would start affecting supply chains

Ashok Leyland domestic M&HCV sales down by 47%; bus sales rise 36%. The drop came due to the truck business, which dropped by 58 per cent to 4,706 units from 11,117 units

Bajaj Auto sales drops 10% to 354,913 units in Feb; exports rise 9%. Domestic two-wheeler sales were at 146,876 units last month as against 186,523 units in February 2019, a decline of 21%

TVS Motor domestic two-wheeler sales drops 27%, total exports rise 25%. Three-wheeler sales grew 26.4% to 17,370 units during the month compared with 13,742 units during the same month last year.

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