MUMBAI: In an indicator of the cash flow problems faced by industry, a host of blue chips, a couple of triple-A-rated companies and those belonging to top business groups have sought relief on loan repayment. The fact that these companies have availed an RBI-permitted moratorium, where borrowers have to repay […]
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NEW DELHI: Noting a drop in export-import (EXIM) cargo due to supply chain disruptions on account of the COVID-19 pandemic, the government has asked India’s all 12 major ports to defer the lease rentals and licence fees-related charges for April, May and June. They have been asked to waive rentals […]
Airports Council International (ACI) has urged the government to defer aviation specific taxes till December 31 to safeguard airports’ operational and business continuity amid COVID-19 pandemic. In a letter to Prime Minister Narendra Modi on Tuesday, ACI Director General Angela Gittens has said COVID-19 has drastically impacted the airport business […]
MUMBAI: Leading business schools including the Indian Institutes of Management (IIMs) are considering deferring student internships, which were due to start in April, to as late as October-November amid the lockdown forced in several parts of the country by the spread of Covid-19. B-school managements are discussing the options available […]