With travel sentiments muted and fares capped, airlines are looking at huge losses in coming quarters.Some smaller airlines may find it tough to survive and we could see mergers and acquisitions, and consolidation happen, says an analyst

The latest transaction gives Jio Platforms an equity valuation of Rs4.91 trillion and an enterprise value of Rs5.16 trillion.Facebook, General Atlantic, Silver Lake and Vista Equity have invested in Jio Plarforms over the last one month

In March, RBI had allowed a three-month moratorium on payment of all term loans due between March 1, 2020 and May 31, 2020.

Indian Railways today will re-open the booking and cancellation of train tickets through reservation counters, Post Offices, Yatri Ticket Suvidha Kendra licensee and also through authorized IRCTC agents

RBI has been possibly the first official acceptance that growth rates will slip to negative in this financial year. Das stopped short of giving an estimate of the degrowth of the Indian economy, but said that GDP growth will be negative

Delhi, Patna and Ranchi were the top destinations while Delhi-Mumbai was missing from the list of top sectors

On 18 March, India had suspended the visa-free entry facility granted to Overseas Citizen of India cardholders amid the outbreak of covid-19

With schools shut for months, global lockdowns could set millions of children further back in their learning. Countries such as India are among the worst hit

Serum Institute, the world's largest manufacturer of vaccines by volume, is working on several candidates for the novel coronavirus.The Serum Institute produces more than 1.5 billion doses of vaccines every year, for everything from polio to measles

The new system will ensure that the brightest students being educated in the United States receive preference.The legislation, among other things, explicitly prohibits the replacement of American workers by H-1B or L-1 visa holders

The death toll due to the disease rose to 3,867 after 147 more fatalities.The total number of active cases of the coronavirus disease rose to 73,560

According to depositories data, FPIs invested a net sum of ₹9,089 crore in the equity markets during May 1-22..However, they pulled out a net ₹21,418 crore from the debt markets during the period under review.

This comes in the backdrop of India slowly opening up for business, with factories opening, trains running and domestic airline operations set to resume from major cities from 25 May.According to Posoco, as compared to a peak demand of 4070 million units…

No restrictions were placed on residents’ movements, and businesses from restaurants to hairdressers stayed open

Mint Lite is a quick update to bring you up to speed on all the news you need to know—and some things that are just fun to know—in five minutes before you start your day

Andhra Pradesh and West Bengal will not restart domestic flights from today.The number of incoming passenger commercial flights to Chennai is restricted to 25 per day

Maharashtra, the worst-affected state, now has over 50,000 coronavirus cases, with nearly 41 percent of all deaths in the country so far

Shares of Avenue, which runs the DMart supermarket chain, now trade 116 times the FY20 earnings.Even as March quarter results have been robust despite the covid-19 disruption, management commentary on the near future is cautious and that could well cap the…