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coronavirus

Global coronavirus cases surpass 3.5 mn, but rate slows

General

04 May, 2020

Global coronavirus cases surpass 3.5 mn, but rate slows

Global coronavirus cases surpassed 3.5 million on Monday, with deaths nearing a quarter of a million, although the rate of ......

Indian banks' bad debt could double in coronavirus crisis

Finance

04 May, 2020

Indian banks' bad debt could double in coronavirus crisis

India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, ......

Govt extends lockdown, allows relaxations in lower-risk zones

General

01 May, 2020

Govt extends lockdown, allows relaxations in lower-risk zones

India said on Friday it would extend its nationwide coronavirus lockdown for another two weeks after May 4, but would ......

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Infra M&As reach $4.5 bn on a few deals even as pandemic flogs PE investments

Infrastructure

30 April, 2020

Infra M&As reach $4.5 bn on a few deals even as pandemic flogs PE investments

The Indian infrastructure sector saw a similar number of M&As in the first quarter of 2020 compared with the year-ago ......

Nifty, Sensex log best month since 2009, track global cheer on virus drug hopes

Markets

30 April, 2020

Nifty, Sensex log best month since 2009, track global cheer on virus drug hopes

Indian shares recorded their best month in 11 years on Thursday, tracking gains in global markets on signs of progress ......

Serum Institute to make millions of potential coronavirus vaccine doses

Healthcare

29 April, 2020

Serum Institute to make millions of potential coronavirus vaccine doses

The Serum Institute of India said on Tuesday it plans this year to produce up to 60 million doses of ......

Coronavirus cases in India climb towards 30,000

General

28 April, 2020

Coronavirus cases in India climb towards 30,000

India was nearing 30,000 coronavirus infections on Tuesday, second only to China in Asia, a steady rise that would make ......

Axis Bank reports surprise $183 mn loss on COVID-19 provisions

Finance

28 April, 2020

Axis Bank reports surprise $183 mn loss on COVID-19 provisions

Axis Bank Ltd, India’s third biggest private-sector lender, on Tuesday reported a surprise 13.88 billion rupee ($182.96 million) loss for ......

Fitch warns India against further deterioration in fiscal outlook

Economy

28 April, 2020

Fitch warns India against further deterioration in fiscal outlook

India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the ......

SEBI slashes filing fees for public offerings, rights issues

Markets

27 April, 2020

SEBI slashes filing fees for public offerings, rights issues

The Securities and Exchange Board of India (SEBI) has reduced filing fees by 50% on draft IPO proposals filed between ......