Virgin owed nearly A$7 billion ($4.76 billion) to creditors when it entered voluntary administration in April with its long-running financial struggles exacerbated by the coronavirus pandemic

YES Bank's net and mobile banking services went down soon after the government placed it under moratorium and capped withdrawals by customers. The government, on RBI's recommendations, imposed a moratorium on YES Bank from March 5 to April 3; President Donald Trump said the U.S. economy might take a hit from the coronavirus outbreak but predicted the challenge would eventually pass and defended his handling of the crisis; UK domestic airline Flybe has gone bankrupt amid the coronavirus outbreak which has significantly impacted the aviation sector. Watch this and more news on News Blast.Also read: SBI, LIC to rescue Yes Bank? Here's what we know so far

YES Bank's net, mobile banking services hit after RBI caps withdrawal limitYES Bank's net and mobile banking services went down soon after the government placed it under moratorium and capped withdrawals by customers. The government, on RBI's recommendations, imposed a moratorium on YES Bank from March 5 to April 3. RBI has assured the private lender's depositors that there is no need to panic and their interest will be fully protected.Change in mercury to not affect COVID-19 spre...

The virus, which originated in Wuhan, China has infected nearly 98,000 people and killed over 3,300

UK's domestic airline Flybe, that dominated 40% of the air traffic has gone bankrupt amind coronavirus fear

Coronavirus live news update India: Both Egypt and South Africa reported their first cases of coronavirus infections, almost three month after the outbreak was first identified

Chairman Ajay Singh's hands-on approach has led to the gradual improvement in market share and financial performance in recent months. However, the challenges in front of SpiceJet are still daunting.