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Latest Articles in second wave

India Inc. Spent Over Rs 1,600 Cr On Mitigating Second COVID-19 Wave: CSRBOX

More than 400 of the corporate CSR initiatives to combat the second wave of infections were aimed at procuring medical supplies, ventilators, and safety gear like PPE kits.

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Deal Activity Crosses USD 40.7 Bn Via 710 Transactions In First Half Of This Year: Report

The M&A deals space continues to be dominated by domestic deals with activity worth USD 6.2 billion being recorded in the first half of this year and consolidation continued to be a standout trend.

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Shipping Corporation Shares Tumble Nearly 3 % After Earnings

Its total income declined to Rs 1,048.47 crore in the latest June quarter as against Rs 1,178.43 crore in the year-ago period.

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Steady Recovery Seen In Tyre Industry, Long-Term Outlook Favourable : Goodyear

India has one of the lowest rates of farm mechanisation despite having a high dependence on the agriculture sector, making it a high potential market for the growth of the tractor industry

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Recast Loans At Non-Bank Lenders May Double By This Fiscal-End: Report

Factors supporting the liquidity measures at NBFCs include fundraising through special government schemes, improving collections in the second half of fiscal 2021

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GNPAs Of Banks To Improve In FY22 On Higher Recoveries : Report

The NPAs will go lower on higher recoveries and upgrades, and also faster credit growth, Icra said, adding that the fresh accretion to the NPAs will be higher in FY22 due to the absence of any regulatory dispensations like moratoriums.

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India Coming Out Of Second Wave Of Covid-19; Will Witness Strong Economic Recovery: Jaishankar

The evolving situation in the Indo-Pacific region in the wake of China's increasing military muscle-flexing has become a major talking point among leading global powers.

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Average Daily Number Of Tweets About COVID-19 From India Jumped 7X In Apr-May: Twitter

Social media emerged as a lifeline for many during the deadly second wave of the pandemic with people turning to platforms like Twitter and Facebook with SOS calls as they looked for resources like oxygen cylinders, hospital beds, plasma donors, and ventilators.

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Second Covid Wave Derailed Hospitality Industry Recovery: ICRA

ICRA's industry sample is expected to report operating losses in FY2022 as well, although it will be lower at low-single digit, compared to the 23 per cent operating loss witnessed in FY2021.

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Bharti AXA Life Premium Income Rises 4.3 % To Rs 2,281 Crore In FY21

The second wave of the COVID-19 pandemic has impacted the new business premium income, which stood at Rs 783 crore in FY21, compared to Rs 829 crore in FY20

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Covid Second Wave Impacted 58% Of Indian Business Activities: Ficci

The MSME sector has faced the maximum brunt and there is an immediate need for relief to this sector. This view was expressed by nearly 65% of the surveyed companies.

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Need Calibrated Steps To Support Economic Recovery: PHDCCI

Government/ PSU payments must not be delayed due to Work From Home issues or shortage of funds as these are crucial to maintain the working capital cycle

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Second COVID Wave May Worsen Stressed Assets In Financial System: Rakesh Mohan

As per the Financial Stability Report, NPAs of the banking sector were projected to surge to 13.5 per cent of advances by September 2021, from 7.5 per cent in September 2020, under the baseline scenario.

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Despite Hit To Consumption, TV Advertising Grows In Second Wave: BARC

Policymakers are grappling with how to revive the dent to consumption demand as a result of the second wave of the pandemic, which also impacted vast expanses in rural India unlike the first one which was restricted to the urban areas.

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Kotak Mahindra Life Insurance Arm Expects To Incur Up To Rs 275 Cr Loss In Jun Qtr

Kotak Mahindra Life Insurance Company said the foregoing extraordinary development and its potential impact were discussed at a meeting of its board on June 16, 2021.

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