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Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

Infrastructure

19 March, 2020

Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered ......

Indian banks shelve fundraising as coronavirus derails markets

Finance

18 March, 2020

Indian banks shelve fundraising as coronavirus derails markets

Two state-owned Indian banks that were aiming to raise funds to meet growth targets and build up capital for regulatory ......

As airlines battle virus turmoil, Jet Airways gets time till June to find buyer

Infrastructure

18 March, 2020

As airlines battle virus turmoil, Jet Airways gets time till June to find buyer

A bankruptcy court has extended the time to find a buyer for Jet Airways (India) Ltd even as the coronavirus ......

Govt, RBI mull relaxing bad loan rules for sectors hit by coronavirus

Finance

18 March, 2020

Govt, RBI mull relaxing bad loan rules for sectors hit by coronavirus

India’s government and central bank are considering giving relief to banks, aviation and other hospitality sectors hit by the coronavirus ......

Sensex, Nifty tumble over 5% as virus fears linger

Markets

18 March, 2020

Sensex, Nifty tumble over 5% as virus fears linger

Indian shares skidded over 6% in the waning moments of trading on Wednesday, with financial stocks suffering the most, as ......

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Blackstone's biggest India deal just got a little bigger

TMT

17 March, 2020

Blackstone's biggest India deal just got a little bigger

Blackstone Group Inc, the world’s largest private equity investor, has raised its exposure to an Indian software services firm as ......

Govt halts key policy plans as revenues shrink

Finance

17 March, 2020

Govt halts key policy plans as revenues shrink

India has dropped at least three crucial policy initiatives, including lowering import taxes on vegetable oils, as the outbreak of ......

Banks to seek relief from RBI on bad loans amid coronavirus concerns

Finance

17 March, 2020

Banks to seek relief from RBI on bad loans amid coronavirus concerns

The coronavirus pandemic has sparked concerns about a fresh surge in bad loans at India’s lenders, and the industry body ......

Sensex, Nifty erase gains as coronavirus fears grip global markets

Markets

17 March, 2020

Sensex, Nifty erase gains as coronavirus fears grip global markets

Indian shares gave up gains to slide more than 3% in the last hour of trade on Wednesday, in line ......

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How the rupee's slide after the virus outbreak may hurt PE, VC firms

Finance

17 March, 2020

How the rupee's slide after the virus outbreak may hurt PE, VC firms

Ever since the coronavirus outbreak became a global pandemic, world markets have been in turmoil. The pandemic, which has already ......