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Forecasters predict a bleak outlook for FY21 as coronavirus crisis hits growth – Livemint

by abhinav | Mar 31, 2020 | News

India’s economy is set to slow down sharply as companies face the prospect of going weeks or even months with virtually no revenue.Forecasters have drastically cut growth predictions for India in the next fiscal; the govt now needs to counter the pandemic’s i… Read More

reported by Asit Ranjan Mishra at Livemint.com

Coronavirus lockdown: Airtel extends pre-paid validity till Apr 17, credits Rs 10 talk time – Moneycontrol

by abhinav | Mar 31, 2020 | News

An Airtel official said that the company will not recover Rs 10 credit given to all the pre-paid customers. “In this difficult hour of fighting off the threat of covid-19, Airtel is committed to ensuring that all people remain connected without any disruption… Read More

reported by at Moneycontrol.com

Tracking India’s steps to contain economic fallout of the virus – Times of India

by abhinav | Mar 31, 2020 | News

India Business News: A series of steps announced this year aim to encourage banks to lend. Measures announced by the Reserve Bank of India (RBI) since early February injec Read More

reported by Bloomberg at The Times of India

‘Sell-off in HDFC, HDFC Bank indicates FIIs rebalancing portfolio; volatility to remain high’ – Moneycontrol.com

by abhinav | Mar 30, 2020 | News

Big opportunities will come over time, but the market volatility is not going to end anytime soon, says Amit Khurana of Dolat Capital. Read More

reported by at Moneycontrol.com

COVID-19 lockdown period to be excluded from the time-limit for insolvency resolution process under Section 12 IBC: NCLAT – Bar & Bench – Indian Legal News

by abhinav | Mar 30, 2020 | News

Any interim order/stay order under Insolvency and Bankruptcy Code, 2016 shall continue to operate till the next date of hearing, which may be notified later. Read More

reported by Aditi Singh at Barandbench.com

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