by Lois C. Ferrara | May 8, 2020 | Business News
New Delhi: India’s Covid-19 fight has a Mumbai problem and it’s getting out of hand. The virus spread in the country’s financial capital has moved in a trajectory that’s taking it away from the national curve, and closer to some of the European cities. Such is the concern at the highest echelons of the government […]
by Lois C. Ferrara | Apr 28, 2020 | Business News
The government will chart out a plan for evacuation of seafarers stuck on international waters amid COVID-19 pandemic, Union Minister Mansukh L Mandaviya said on Monday. Thousands of Indian seafarers are currently stuck aboard cruise ships and cargo vessels in far off...
by Lois C. Ferrara | Apr 26, 2020 | Business News
KOLKATA | MUMBAI: Government-owned lenders such as State Bank of India and Punjab National Bank are working on plans to help exporters, who had hedged their foreign currency exposures with them but are unable to meet their obligations amid the Covid-19 outbreak and...
by Lois C. Ferrara | Apr 26, 2020 | Business News
NEW DELHI: The Modi government is contemplating to evacuate those nationals facing difficulties owing to job losses in Gulf besides short term tourist visa holders besides students from certain zones facing challenge due to lockdown situation. The Ministry of External...
by Lois C. Ferrara | Apr 26, 2020 | Business News
Lenders to IL&FS Tamil Nadu Power Company (ITPCL), which is undergoing insolvency proceedings, are likely to meet this week to finalise a restructuring plan, a source said. ITPCL is a special purpose vehicle (SPV) incorporated by the IL&FS Group under its...
