Search For "slowdown"
Mining and mineral sector hit due to Covid-19 led slowdown: KPMG
Updated : 5 years, 9 months ago IST
New Delhi [India], May 22 (ANI): Both state and central government exchequers are expected to get affected as collections against statutory levies and taxes are lower due to lower volume of mineral production amid the Covid-19 crisis, professional services firm KPMG said on Friday.
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NBFIs face rising liquidity stress with risks looming for broader financia
Updated : 5 years, 10 months ago IST
Singapore, May 19 (ANI): Disruptions from the coronavirus outbreak will worsen economic slowdown in India that has been underway in the past year, accelerating the deterioration in asset quality at non-bank financial institutions (NBFIs), Moody's Investors Service said on Tuesday.
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Vice Media Group to lay off over 150 employees from US, international unit
Updated : 5 years, 10 months ago IST
Washington D.C. [US], May 16 (ANI): Vice Media Group is laying off more than 150 employees from its US and international units, the company said on Friday amid an industrywide slowdown in digital advertising as the world battles the coronavirus pandemic.
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India's CO2 emissions drop by 1.4 pc for first time in four decades
Updated : 5 years, 10 months ago IST
New Delhi [India], May 13 (ANI): Economic slowdown, growth of renewable energy and the impact of COVID-19 lockdown have led to the first year-on-year reduction in India's CO2 emissions in four decades, says Centre for Research on Energy and Clean Air (CREA).
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FICCI warns of massive job losses, calls for 4 to 5 pc of GDP in stimulus
Updated : 5 years, 10 months ago IST
New Delhi [India], May 11 (ANI): There is a critical and immediate need for a significant stimulus of Rs 9 lakh crore to 10 lakh crore or four to five per cent of the GDP to stimulate demand and supply for averting a long-term economic slowdown, the Federation of Indian Chambers of Commer
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Tata Motors withdraws issue of unsecured NCDs of Rs 1,000 crore
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): In a surprise move for many investors, Tata Motors on Thursday decided to withdraw the issue for private placement of unsecured non-convertible debentures (NCDs).
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Care downgrades Ashok Leyland's bank facilities, debentures to AA with neg
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Care Ratings has downgraded Ashok Leyland's bank facilities totalling Rs 4,200 crore and debentures from AA-plus to AA with a negative outlook due to falling demand of commercial vehicles in the backdrop of coronavirus pandemic led economic slowdown
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Tata Motors board panel approves plan to raise Rs 1,000 crore via NCDs
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 5 (ANI): Tata Motors said on Tuesday a board-constituted committee has approved raising up to Rs 1,000 crore by issuing non-convertible debentures (NCDs) on a private placement basis.
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Government to soon announce relief package for MSME sector: Gadkari
Updated : 5 years, 10 months ago IST
New Delhi [India], May 2 (ANI): The government will soon announce an economic relief package for micro, small and medium enterprises (MSMEs) to tide over challenges created by the lockdown after COVID-19 outbreak, Union Minister Nitin Gadkari said on Saturday.
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Tata Motors to raise Rs 1,000 crore through NCDs
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 28 (ANI): Tata Motors said on Tuesday it will be issuing non-convertible debentures (NCDs) worth Rs 1,000 crore to improve liquidity which has taken a hit among all automakers due to the economic slowdown and COVID-10 lockdown.
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Impact of COVID-19 lockdown will manifest in slowdown in domestic activity
Updated : 5 years, 10 months ago IST
New Delhi [India], April 25 (ANI): The Advisory Council to the 15th Finance Commission in its meeting on April 23-24, felt that the impact of COVID-19 lockdown on Indian economy will lead to a slowdown in domestic activity, its impact on cash flows of financial institutions and business e
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Google waives Ad serving fees for news publishers for 5 months
Updated : 5 years, 10 months ago IST
Washington D.C. [USA], April 20 (ANI): Google has announced that it will relinquish a particular charge for news publishers around the world as the Google News Initiative is working to identify ways to provide immediate financial support to the journalism industry. The move is meant to help
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