ICICI Bank was the top laggard in the Sensex pack, sinking over 10 per cent, followed by Bajaj Finance, HDFC, IndusInd Bank, Axis Bank and Maruti. Bharti Airtel and Sun Pharma were the gainers in the BSE index. NSE Nifty suffered a heavy loss of 566.40 points, or 5.74 per cent, to settle at 9,293.50.

In four to five days production in the Baddi hub would touch 60-70 per cent of its capacity. As of now around 243 units are operational there. All the big pharmaceutical plants, including multinationals like Abbott, Sun Pharmaceutical Industries, Zydus Cadila, and Wockhardt, are operational.

The Wadia group, which, owns low-cost airline GoAir also drew comparison with other western economies which have provided financial assistance to their airlines for payment of salary and restructuring their operations.

The government can issue recapitalisation bonds, or the RBI's huge reserves of over $127 can also be dipped into to help the state-owned bank's recapitalisation needs.

Temperature screening will be done by CISF with automated thermal cameras at all terminal entry points with provision of social distancing markers. Automatic hand sanitizer dispensers at terminal entry points have also been placed, sources said.

The order, which set aside the August 9 ruling of a single-judge bench, prevented the group entities from publishing the voting results of the last AGM. However, the firms will now be able to execute decisions taken at the AGM last year. People in the know said the Birlas would appeal against the order in a higher court.

'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay.

Vashi APMC traders see supplies to Mumbai impacted over movement curbs. A number of trucks sent to Mumbai from the market has reduced from 600 per day in recent times to around 300.

Other than Kapoor, the complaint, running into more than 10,000 pages, named his wife, Bindu; three daughters Rakhee, Roshini, and Radha; and three firms, Morgan Credits, RAB Enterprises, and Doit Urban Ventures, allegedly controlled by them.

The government of Maharashtra decided to shut operations at APMC Vashi mandi between May 11 and 17 after confirmed cases of Covid-19 surpassed 80 in the APMC and over 450 across Navi Mumbai, where the mandi is located.