New Delhi [India], May 12 (ANI): The government, the Reserve Bank of India (RBI) and banks need to collectively take measures to ensure that businesses do not collapse en masse due to COVID-19 impact and in turn push banks into a systemic failure, according to a study by lead industry body F
New Delhi [India], May 9 (ANI): The Confederation of Indian Industry (CII) has called for an immediate economic stimulus package of Rs 15 lakh crore -- or 7.5 per cent of the GDP -- to tide over the impact of Covid-19 led countrywide lockdown.
New Delhi [India], May 6 (ANI): The government's increase in petrol and diesel taxes by 21 dollars a barrel and 27 dollars a barrel will result in tax collection increasing by about 21 billion dollars if the tax hike is maintained for a full year, Moody's Investors Service said on Wednesd
Mumbai (Maharashtra) [India], May 1 (ANI): Air conditioning and commercial refrigeration major Blue Star Ltd is issuing non-convertible debentures (NCDs) up to Rs 300 crore through private placement.
Mumbai (Maharashtra) [India], April 25 (ANI): Brickwork credit rating agency has assigned A1-plus rating to Tata enterprise Titan's bank loan facilities of Rs 5,000 crore and proposed commercial paper of Rs 900 crore.
New Delhi [India], April 15 (ANI): Reacting to the highest-ever double-digit decline in monthly exports during March by 34.57 per cent at USD 21.41 billion, the Federation of Indian Export Organisations (FIEO) president Sharad Kumar Saraf on Wednesday said the spread of COVID-19 across the g
New Delhi [India], April 8 (ANI): The Confederation of Indian Industry (CII) has called for a fiscal support package during the current financial year 2020-21 limited to two per cent of the gross domestic product (GDP) in addition to the Rs 1.7 lakh crore provided under the Pradhan Mantri Ga
Pune (Maharashtra) [India], Mar 30 (ANI/BusinessWire India): Working capital management remains a critical part of an SME's operations, either contributing to growth or causing a slump.
Manila [Phillippines], Mar 12 (ANI): The Asian Development Bank (ADB) said on Thursday it will make available 200 million dollars for companies manufacturing and distributing medicines and other items needed to combat the novel coronavirus (COVID-19).
Mumbai (Maharashtra) [India], Jan 20 (ANI): ITI Ltd on Monday announced the launch of its further public offering (FPO) with the issue set to open on January 24 and close by January 28.
New Delhi [India], Jan 15 (ANI): Bharti Airtel on Wednesday announced successful fundraising exercise through completion of qualified institutional placement (QIP) and pricing of foreign currency convertible bonds (FCCBs).
New Delhi [India], Dec 30 (ANI): Muted economic growth, lower working capital requirements and risk aversion among lenders have compressed the incremental credit growth in current financial year (April 2019 to March 2020), according to investment information agency ICRA.