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Automakers seek tax cut to boost demand after coronavirus hit

Manufacturing

17 April, 2020

Automakers seek tax cut to boost demand after coronavirus hit

Automakers in India want a temporary tax cut on cars, trucks and motorbikes as well as incentives to scrap old ......

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Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier

Infrastructure

17 April, 2020

Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier

Revival prospects for Jet Airways have worsened exactly a year after the carrier operated its last flight as coronavirus has ......

RBI unveils steps for NBFCs, microlenders to tackle virus impact

Finance

17 April, 2020

RBI unveils steps for NBFCs, microlenders to tackle virus impact

The Reserve Bank of India on Friday unexpectedly cut its key deposit rate for the second time in three weeks ......

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Coronavirus delays PE, VC fundraising as investors turn wary

Finance

17 April, 2020

Coronavirus delays PE, VC fundraising as investors turn wary

The coronavirus pandemic has thrown a spanner in the fundraising efforts of private equity and venture capital firms in India, ......

Sensex, Nifty surge as bank stocks rally on RBI boost

Markets

17 April, 2020

Sensex, Nifty surge as bank stocks rally on RBI boost

Indian shares closed over 3% higher on Friday as bank stocks rallied after the country's central bank cut a key ......

Indian newspapers cut jobs and salaries as lockdown hits ad revenue

TMT

16 April, 2020

Indian newspapers cut jobs and salaries as lockdown hits ad revenue

India's vibrant newspaper industry that reaches tens of millions of readers daily has been ravaged by declining advertising revenues due ......

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KKR's McVey on slowing growth, PE opportunities and credit as attractive asset class

Finance

16 April, 2020

KKR's McVey on slowing growth, PE opportunities and credit as attractive asset class

Global alternative asset manager KKR is expecting a period of slower growth, a wave of opportunities for private equity as ......

Real estate sentiments hit historic low in March quarter: Knight Frank report

Infrastructure

16 April, 2020

Real estate sentiments hit historic low in March quarter: Knight Frank report

With the coronavirus crisis bringing business activities to a grinding halt across sectors, the current sentiment of the real estate ......

Lazard boosts restructuring team as coronavirus-hit firms run into trouble

Finance

16 April, 2020

Lazard boosts restructuring team as coronavirus-hit firms run into trouble

Lazard Ltd has bolstered its senior restructuring team as it seeks to win business from companies struggling to stay afloat ......

Indian gold demand could hit three-decade low as lockdown hits festivals, weddings

Consumer

16 April, 2020

Indian gold demand could hit three-decade low as lockdown hits festivals, weddings

India’s gold consumption in 2020 could fall as much as 50% from a year ago to the lowest level in ......