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BusinessToday.In
August 24, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


BusinessToday.In
August 24, 2020
The validity extension will apply to documents that had expired on February 1 or would expire on December 31 and could not be renewed due to the coronavirus lockdown


PTI
August 20, 2020
The private sector lender said it then applied to the RBI, seeking permission for continuation of use of the requested facilities by Gill


BusinessToday.In
August 19, 2020
Taking to Twitter, Ministry of MSME on Wednesday announced that the central government has launched subordinate debt scheme to provide financial facility to stressed MSMEs


Sumant Banerji
New Delhi, August 18, 2020
After getting blitzed out of the market by Chinese smartphone makers, desi brand Micromax is making a comeback. Aided by a rising anti-China sentiment, it wants to regain its old position. Will it succeed?


BusinessToday.In
August 17, 2020
Coronavirus lockdown: All essential and other services will be allowed, while shopping malls, schools, colleges and religious places will remain closed during the period


Divya Baweja | Divya Grover
August 14, 2020
The extension of timelines for filing tax returns and other related tax compliances is a well-thought-out measure, as due to lockdown it is difficult for individual taxpayers to obtain necessary documentation required for preparation of tax returns and file their returns on time


PTI
August 12, 2020
A higher quantum of restructured assets would clearly reflect higher asset quality challenges for NBFCs and could restrict their ability to mobilise funds from banks and capital markets, India Ratings and Research said in a report


BusinessToday.In
August 11, 2020
With the lifting of restrictions in the subsequent periods, industrial activity is resuming, government said while releasing the industrial output data for June


PTI
August 10, 2020
Shot at Salman's Panvel farmhouse, the promo features the 54-year-old actor farming


Anand Adhikari
August 6, 2020
The RBI has stated that the benefit of restructuring will be available to corporates classified as standard accounts and not in default for more than 30 days with any lending institutions as on March 1, 2020


BusinessToday.In
August 6, 2020
India Stock Market Highlights Today: ONGC, followed by Tech Mahindra, TCS, HCL Tech, NTPC, Infosys and HDFC duo were among the top gainers today, while Maruti, Axis Bank, Bharti Airtel, M&M and Reliance Industries were among the laggards.


Chitranjan Kumar
August 5, 2020
Loan book under moratorium have declined sharply across most lenders; however, the last ten percentile of this book will remain the key to the extent of asset quality pain, says ICRA


Prasanna Mohanty
August 5, 2020
India faces a fresh threat of NPAs with RBI warning dramatic rise in loan default rate from 8.5% in FY20 to 14.7% in FY21. A global study shows the Indian corporate sector was most debt-stressed with 43% of long-term loans vulnerable to default even before the COVID-19 pandemic hit


Ajita Shashidhar
August 5, 2020
While the backlash against Chinese brands could be a reason for Vivo backing out, the handset manufacturer is also known to be pushing BCCI for an over 25 per cent reduction in sponsorship fee which didn't go down well with the cricket body


Nirbhay Kumar
August 4, 2020
A bidder had suggested to reduce the minimum net worth requirement to 25% of the indicative project cost as it would encourage competition


Reuters
August 4, 2020
The full court Fed press for more government spending came as Republicans appeared reluctant to spend much more than the $3 trillion Congress had already committed to bolstering the economy in the face of the virus


BusinessToday.In
August 3, 2020
Policy rate transmission by banks has been the fastest in history with banks cutting rates on an average by 72 basis points on fresh rupee loans in 4 months, says the RBI Ecowrap report


BusinessToday.In
July 31, 2020
India Stock Market Highlights Today: HDFC, followed by Kotak Bank, HDFC Bank, Reliance Industries, Tata Steel and Nestle India were among the top losers today, while HCL Tech, TCS, SBI, Infosys, Sun Pharma and Tech Mahindra were among the gainers.


BusinessToday.In
July 30, 2020
Among the relaxations, the state government allowed increasing size of the workforce to 75 per cent in private establishments in non-containment zones which are under Greater Chennai Police limits


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