BUSINESS

REC Ltd. leads fight against COVID-19, donates Rs 150 crore to PM CARES-Fund

Image Source : TWITTER REC Ltd. leads fight against COVID-19, donates Rs 150 crore to PM CARES-Fund The REC Ltd (Rural Electrification Corporation Limited) is reaching out to thousands of people in this crucial time of COVID-19. REC Ltd. has distributed cooked foods, rations, utility packets, masks, sanitizers and even providing shelters to over 36,500 daily […]

BUSINESS

Maharashtra allows industries to delay lease rental payments

Image Source : ANI (FILE) Maharashtra allows industries to delay lease rental payments To help the industry come out of massive disruptions caused by the COVID-19 pandemic, the Maharashtra industries department on Thursday allowed companies to delay lease rentals. The department will also look into the industry demand for lowering or rescheduling power and water […]

BUSINESS

Coronavirus testing in private labs will plummet if made free: Kiran Mazumdar Shaw on SC’s suggestion

A file photo of Kiran Mazumdar Shaw, the Executive Chairperson of Biocon Limited Kiran Mazumdar Shaw, the Executive Chairperson of Biocon Limited, has rejected the idea of private laboratories conducting tests for coronavirus free-of-cost after the Supreme Court suggested that the Centre should create a mechanism wherein private laboratories conducting COVID-19 tests do not charge […]

BUSINESS

DBS revises India’s GDP estimate to 1.5 pc for FY21

Image Source : PTI DBS revises India’s GDP estimate to 1.5 pc for FY21 Singapore’s banking group DBS on Thursday revised the country’s GDP estimate to 1.5 per cent for the current fiscal amid the current lockdown due to COVID-19. This comes a day after American brokerage Goldman Sachs revised its forecast for the country’s […]