Market Today

1. Maruti Suzuki sales down to nil in April as lockdown hurts auto sector

Maruti Suzuki, in a historic first, sold no cars in April as the entire month saw the country under a lockdown to check the spread of Covid-19. With factories closed, showrooms shut and people staying at home, the country's largest car maker, on expected lines, had nothing to show in terms of sales for the entire month.

2. Massive LPG price cut: Check how much cheaper your gas cylinder costs

In a major relief to consumers, the price of LPG cylinders has been steeply cut by Rs 162.5 per cylinder in Delhi today. In the other parts of the country too, the oil marketing companies have slashed LPG cylinder prices.

3. IDFC First Bank to raise Rs 2,000 crore capital from promoter, Warburg Pincus, 3 others

Warburg Pincus affiliate Dayside Investment Ltd and insurance firms ICICI Prudential Life Insurance Company, HDFC Life Insurance, and Bajaj Allianz Life Insurance are likely to infuse capital in IDFC.

4. Asian Paints Forays Into Hand, Surface Sanitiser Segment

The entry into the segment is aimed at supporting the government in its various measures towards Covid-19 relief and address the huge need of hand and surface sanitisation in these testing times, Asian Paints said in a statement.

5. Coal India output declines 11% to 40 MT in April

State-owned Coal India Ltd (CIL) on Friday reported an 11 per cent decline in production to 40.38 million tonnes in April. The company had posted a total production of 45.30 million tonnes (MT) in the corresponding month of the previous financial year, CIL said in a filing to the BSE.