The extension in the scope of Emergency Credit Line Guarantee Scheme (ECLGS) will support the liquidity of around one third of mid and emerging corporates (MECs), India Ratings and Research (Ind-Ra) said....
The resurgence of Covid-19 will adversely impact the occupancy rates of India's hotel industry for another two-three months, ratings agency ICRA said. ...
A less severe economic impact from the pandemic's second wave and resilient buyer sentiment will support a swift rebound in India's automotive demand after curbs are eased, said Fitch Ratings....
The appointment of the new Chairman and Managing Director of the Oil and Natural Gas Commission (ONGC) has been deferred and a search committee in the Public Enterprises Selection Board (PESB) will set up to finalise the candidate....
ITC's cigarette volumes have recovered to pre-Covid levels allaying concerns on permanent loss of business, Credit Suisse said in a report....
On-demand baggage delivery platform CarterX on Friday said it has secured an undisclosed seed-round from Venture Catalysts....
The Reserve Bank of India (RBI) has lowered its growth projection for the current financial year to 9.5 per cent from the previous estimate of 10.5 per cent. ...
Leading investment firm Blackstone has acquired media and data company International Data Group (IDG) for $1.3 billion....
The Reserve Bank of India (RBI) has retained its key short-term lending rates along with the growth-oriented accommodative stance during the second monetary policy review of FY22 on Friday....
Low-cost carrier Go First, formerly known as GoAir, has ferried 63 oxygen concentrators to Delhi from Mumbai to be distributed across the state. ...