Business

The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) was set up on March 28 to raise money for combating coronavirus outbreak and to provide relief to the affected

Senior Tata executive referred to the Clauses in the Articles of Association that say shares cannot change hands including to lender or other parties.

Asian shares faced another leg lower on Wednesday as the virus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly decline in more than a decade.

All personnel who are assigned the charge of these essential services are required to be available in office on all working days in order to facilitate the trade as well as ensure smoother operation of related services across the country.

Average user time spent on news apps also jumped by 76% during the same period. Additionally, there has been a 34% spike in daily average reach for the group.

Oil markets have been plunging for weeks as lockdowns and travel restrictions imposed by governments worldwide to fight the virus sapped demand.

Announcing a three-month moratorium, RBI Governor Shaktikanta Das said the decision will be applicable to all commercial banks, regional banks, rural banks, co-operative banks and NBFCs, including Housing Finance Companies.

Finance Minister Nirmala Sitharaman said such employees, unless renumerated, will face hardship due to social distancing and isolation measures to contain the spread of coronavirus.

India has already been facing growth deceleration, with GDP growth falling to 4.7 per cent in the third quarter of FY2020. The impact of COVID-19 is likely to drag it down further in the fourth quarter.

According to data compiled by Morningstar India, all the equity scheme categories -- equity linked saving scheme (ELSS), mid-cap, large & mid-cap, large-cap, small-cap, mid-cap and multi-cap have given negative return in the range of 25-26 per cent betwe...

On March 6, FM Nirmala Sitharaman had said the Anil Ambani Group, Essel Group, ILF&S, DHFL and Vodafone were among the stressed corporates Yes Bank had exposure to.

Economists continued to slash their projections as more governments institute measures to clamp down on most commercial activity, except for essential services.

The court asked the jail authorities to take proper care and provide Kapoor medicines as per the advice of the medical officer.

V Vaidyanathan sold 2.75 crore shares to close to repay the residual Employee Stock Option Plan Loan as prices of stocks came down due to the virus panic.

The brokerage cut PVR’s FY20-21 EBITDA (earnings before interest, tax, depreciation and amortisation) estimates by 10-23%, but retained its FY22 estimates.

The virus, which originated in China, has spread quickly around the globe, killing more than 8,000 people and battering economic activity, which has raised fears of a global recession.