Margins are also projected to soften in the near term.Volume growth was strong at 4.1% and it won projects worth $393 million, the highest in recent quarters.

Meghalaya chief minister Conrad Sangma said that the state will continue with lockdown beyond May 3.From lockdown strategy to starting economic activities in the states, here are the key issues that have been discussed in the meeting

Banks can avail of 90-day funds from the RBI’s repo window and use it to exclusively lend to mutual funds or purchase investment grade corporate papers held by MFs. The scheme will be available from 27 April till 11 May.

Coronavirus test results from kits of Guangzhou Wondfo Biotech, Zhuhai Livzon Diagnostics show 'wide variation in their sensitivity', says ICMR

The covid-19 outbreak has forced people to maintain a physical distance from the office.Technology and the almost-universal feeling of uncertainty have done what most open plan workspaces couldn’t

Assets in debt MFs declined to ₹11.8 trillion as of March from ₹12.8 trillion at the end of December.As of February 2020, the weighted average deposit rate of commercial banks has declined 45 bps over a year

Of these 8,590 cases, 5,776 are from Mumbai alone, followed by 1,193 from Pune .Death toll of Covid-19 patients has now gone up to 369 in the state

Mint Lite is a quick update to up to speed with everything you need to know, and some things that you may not need to know but are just fun to know, in five minutes before you start your day

Care has reaffirmed the rating of CARE A1+ for Shree Cement's commercial paper worth ₹600 crore.Adani Power reported a loss of ₹1,312.86 crore for the March quarter versus profit of ₹634.64 crore a year ago

The death toll in India from coronavirus has gone up to 934.80 districts of the country have reported no COVID-19 cases over the last 7 days: Union Health Minister

Post completion of a series of transactions, Max Life will become a 70:30 joint-venture between Max Financial Services and Axis Bank

Nokia, which is the largest 4G vendor in Airtel network, will help lay the foundation for providing 5G connectivity in the future by deploying 300,000 radio units across several spectrum bands in those circles expected to be completed by 2022.

The Mumbai-based lender made provisions of ₹7,730 crore, including ₹3,000 crore towards Covid-19.However, gross bad loans as a percentage of total loans, a measure of asset quality, eased to 4.86% at March-end from 5% in the previous quarter

Mehul Choksi's company Gitanjali Gems tops the list of these defaulters with a whopping amount of ₹5,492 crore.Vijay Mallya's Kingfisher Airlines figures in the list at number 9

Executives said on an analyst call that repeated purchases of Quaker Oats and other products show consumers aren’t just stockpiling but eating them.The company maintained its 2020 plan for total cash returns to shareholders of about $7.5 billion, which also…

The rating agency had projected 2.5% growth in March.Moody’s said while the shape and magnitude of the initial shock is similar across economies, the recovery is likely to be more drawn out in some countries than others

Mint Lite is a quick update to up to speed with everything you need to know, and some things that you may not need to know but are just fun to know, in five minutes before you start your day

Biocon and Mylan launched biosimilar Fulphila in Canada.Axis Bank has reported a surprise net loss of ₹1,388 crore for the March quarter owing to higher provisions versus profit of ₹1,505 crore YoY

Mumbai, Ahmedabad, Indore, New Delhi, and Chennai accounted for half of all new cases over the past two days