coronavirus pandemic - Latest News, Analysis, Opinion

Growth in credit to the private corporate sector, however, declined for the sixth successive quarter and its share in total credit stood at 28.3 per cent.

InterGlobe Aviation Shareholders Approve Plan To Raise Rs 3,000 Cr

Amid the airline industry facing strong headwinds due to the coronavirus pandemic, the company's board, on May 10, gave its nod to raise up to Rs 3,000 crore through sale of shares to institutional investors.

Companies Can Conduct EGMs Through Video Conferencing Till Dec End

The circular has been addressed to DGCoA (Director General of Corporate Affairs), all Regional Directors, Registrar of Companies (RoCs) and stakeholders.

Rajasthan Fin Corp Decides To Provide Relief To Entrepreneurs On EMIs

The Corporation has issued a circular to all the bank branches concerned, to relax the schedule of loan instalment payment for this.

Financial Wealth In India Jumps 11 % In Pandemic Year To USD 3.4 Trillion: Report

India is expected to lead the percentage growth of individuals with fortunes of over USD 100 million till 2025, it said, adding that the number will almost double to 1,400 in the next five years.

India Power Clocks Rs 27 Cr Profit In FY21

Energy & Infra Power

India Power further said its sales increased by 2 million units in 2020-21 despite the impact of the pandemic and lockdown during the first two quarters of the financial year.

IndiGo Expects Further Momentum In Air Travel Demand By July

Economy Policy Aviation

The airline witnessed a modest turnaround in demand in the last week of May and this has continued till early June. This shows that passengers' confidence is returning swiftly with the declining COVID cases

KK Maheshwari Assumes Role Of New Anmi President

The stock brokers' association will make representations with the relevant authorities over the next couple of months on these priority areas.

FM Asks Ministries To Front-Load Their Capital Expenditure

Economy India

The Union Budget 2021-22 provided a capital outlay of Rs.5.54 lakh crore, a sharp increase of 34.5 per cent over the Budget Estimate of 2020-21.

Govt Proposes Making National Permit Fee Payment Online For Goods Vehicles

The procurement of digital signature certificate centrally and customisation of digitally signed documents will take another 20 days after the notification of this advisory

FISME Asks RBI To Defer Installment Payments Under Emergency Credit Line Guarantee Scheme

The Emergency Credit Line Guarantee Scheme is the biggest fiscal component of the Rs 20-lakh crore Self-Reliant India Mission package announced by the government last year.

Ashok Leyland Lines Up Initiatives For Employees Amid Pandemic

The commercial vehicle major said that COVID wardens -- employees in each location who along with their teams ensure that the safety protocols defined are adhered to strictly

Maruti Suzuki Extends Free Service, Warranty Period Amid COVID-19 Second Wave