Economic Times
Business Standard
Ø Moody's rating downgrade not surprising: SBI report
Ø Banks need recapitalisation of Rs 4 lakh crore: Kotak
Ø Extension of moratorium may affect liquidity of NBFCs
Ø Modifications in NPS financially untenable: FinMin
Ø Lenders’ woes may be worse than thought: Moody's
Ø RIL rights issue oversubscription reaches 129.8%
Ø Coal India subsidiary asks customers to extend validity of bank guarantees
Ø Walmart-Flipkart deal: AAR rejects Tiger Global plea on withholding tax
Ø Adverse weather conditions, lockdown to hit output of Rabi crops: Report
Ø Vocal for local: India's $6.7 bn plan to boost electronics manufacturing
Ø Oil prices increase ahead of Opec+ meeting on extended output cuts
Ø Nearly 70% listed firms' turnover below new MSME threshold due to lockdown
Business Line
Mint
Ø Tata Motors resumes manufacturing across all plants
Ø IndiGo reports net loss of Rs 870.8 crore in March-quarter
Ø Moody's downgrades 11 Indian infrastructure companies
Ø BEML dispatches prototype of mainline electric multiple unit to Railways
Ø IATA request govts to implement ICAO’s global guidelines
Ø Strides Pharma Global gets USFDA approval for ointment
Ø NRIs are not permitted to purchase any agricultural land in India
Ø Production at 80-90% of normative levels: Hindustan Unilever
Ø Biocon arm Syngene develops ELISA test kits, ties up with HiMedia for production
Ø FMCG revenue to de-grow 2-3% in FY21: Crisil Ratings
Ø Britannia Industries March quarter profit up 26%
Fina1ncial Express
Deccan Chronicle
Ø US economy: CBO projects coronavirus impact could trim GDP by $15.7 trillion
Ø Steel players’ operating profit to decline 20-30% in FY21: India Ratings
Ø Maruti, Hyundai, Mercedes offer teaser car loans as RBI softens stance
Ø Moody's cuts India's rating to lowest investment grade with negative outlook
Ø Carmakers tie-up with banks to offer low interest rate schemes to attract customers
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