News digest: Q3 earnings, hybrid technology, Singapore Exchange, and more

A year after demonetisation-induced economic disruption, corporate earnings are yet to move into high gear as expected by the Street

Bank haircuts on NPAs go up to 80%; 9 of 12 firms enter bidding stage

As nine of the 12 companies on the Reserve Bank of India’s (RBI’s) first list of non-performing assets (NPAs) enter the bidding stage, the average haircut on bad loans, or loss to banks based on the offers made by suitors in five cases, ranges between 50 per cent and 80 per cent. Read More1

Earnings improve, but not yet in high gear; combined net profit up 10.6%

A year after demonetisation-induced economic disruption, corporate earnings are yet to move into high gear as