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Tag Archives: Union

Buy Shriram City Union Finance; target of Rs 2000: Cholamandalam Securities

SCUF’s, AUM grew by 7.7% YoY to INR 296bn in 4QFY19 predominantly led by growth in SME (14.8%YoY), 2Ws segment (6.9%YoY), and Other Non-gold loans (4.3%YoY). Consequently the loan mix was noted at SME segment (60%), Two Wheeler (18.2%), Loan against gold (9.2%) and Others (12.6%). Overall disbursements remained flat YoY (up 44.3% QoQ) in 4QFY19 at INR 66.1bn, given ... Read More »

German union, car group seek government support for electric shift

FRANKFURT: Germany’s biggest union and its car industry association urged politicians on Tuesday to help with a shift to electric vehicles and not force a phasing out the combustion engine. Volkswagen’s admission in 2015 that it cheated U.S. diesel emissions tests has led to calls for the whole car industry, Germany’s biggest exporter and employer of more than 800,000 people, to cut pollution levels. It has also piled ... Read More »

Amazon Whole Foods Deal Opposed by Retail Workers Union

The United Food and Commercial Workers Union, which represents retail workers, sent a letter to antitrust enforcers on Monday warning about the dangers of Amazon’s purchase of Whole Foods both to workers and consumers. The union, which does not represent Whole Foods employees but 800,00 clerks and other workers at other grocery chains, asked the Federal Trade Commission to carefully scrutinise the $13.7 billion dealbut ... Read More »