India’s Economy Contracts 7.3% In FY21, Worst In Over Four Decades – NDTV Profit
During the first quarter of 2020-21, India’s GDP had shrunk by 24.38 per cent, hit mainly by the Covid-19 pandemic. Read More
reported by at NDTV News
PF Rule Change: EPFO Members Can Now Withdraw Money Citing COVID-19. Know Detail – News18
In a bid to help citizens amid the second wave of novel coronavirus pandemic, the Employee Provident Fund Organization (EPFO) has allowed its members to withdraw money from the retirement fund as a non-refundable advance. Read More
reported by Anulekha Ray at News18
SsangYong looks for a new investor, plans to complete sale process by October: Report – Moneycontrol
SsangYong Motor had filed for bankruptcy, or court receivership, in December 2020 after defaulting on loan repayments. Read More
reported by at Moneycontrol
Aurobindo Pharma Q4 | Profit falls 7%, revenue from operations slips 2.5% YoY – Moneycontrol.com
Revenue from operations fell 2.5 percent YoY and 5.7 percent QoQ to Rs 6,001.5 crore in the March quarter. Excluding sales from divested Natrol, the revenue from operations increased by 2.1 percent. Read More
reported by at Moneycontrol
GDP fall likely to be less than earlier estimate – Times of India
India Business News: Growth recovery which started in the third quarter of 2020-21 is likely to be maintained in the January-March quarter while the full-year contraction Read More
reported by Surojit Gupta at The Times of India
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