While the legality of the issue will get sorted out in the coming days, one thing is certain that the scramble for a share in the thriving business of rapid diagnostic kit supplies for COVID-19 is leaving several grey areas for potential legal tussles
As per the fund house, 'there has been a dramatic and sustained fall in liquidity in certain segments of the corporate bonds market on account of the COVID-19 crisis and the resultant lockdown of the Indian economy which was necessary to contain the pandemic'
The newly-formed Jio Platform houses all of Reliance's digital businesses, such as telecom arm Jio (mobile and broadband), Jio's suite of apps, digital investments (KAI-OS, Haptik), and tech capabilities like big data, AI and IoT
Although big players are expecting 50 per cent cut in earnings, they are still in a better position than smaller ones to raise bank loans. However, the uncertainty around how long the corona crisis will last will add to their problems
Curbs on short selling, a steep increase in margins, a 10-fold increase in penalties, and lowering the outstanding positions available for derivatives trading were a few measures the capital markets regulator had announced on March 20.