The Confederation of All India Traders (CAIT) has written to Union Finance Minister Nirmala Sitharaman to seek a relief package for traders, including waiver on loan interest for lockdown period....
While several industries reel under the COVID-19 lockdown impact in India, PC and laptop majors like HP and Lenovo have seen a massive surge in bulk buying from corporates and enterprises to keep their workforce stay home, safe and connected....
With the Indian Railways looking to augment the supply of ventilators to meet a spurt in demand amid the coronavirus scare in the country, the Integral Coach Factory (ICF) here has called for Expression of Interest from manufacturers for a collaborative venture....
Production growth of India's manufacturing sector eased in March amid export decline, PMI survey report showed....
Government is unlikely to stick to the targeted levels of borrowings in current fiscal as additional expenditure and funding needs of stimulus measures would push for higher government debt in the second quarter period, Motilal Oswal Institutional Equities has said in its ecoscope report....
Maruti Suzuki India on Wednesday reported sales of only 83,792 vehicles in March due to the COVID-19 outbreak that has dampened economic activity. Accordingly, the company said that March's sales figures cannot be compared on a YoY basis, due to the prevalence of extraordinary circumstances....
The Azim Premji Foundation has donated Rs 1,000 crore for a comprehensive on-ground response to contain coronavirus outbreak in the country, an official said on Wednesday....
The Azim Premji Foundation has donated Rs 1,000 crore for a comprehensive on the ground response to contain the COVID-19 outbreak, an official said on Wednesday....
In the fight against COVID-19, around 2,56,000 employees of the country's largest lender, State Bank of India (SBI), have decided to contribute two days' salary to the Prime Minister's National Relief Fund. ...
The three month moratorium on term loan repayments given by Reserve Bank of India will not result in any revenue loss for lending banks and NBFCs as borrowers opting for deferment will either have to extend their tenure else increase the quantum of EMIs, Emkay has said in its latest report on RBI's decisions on NBFCs....
