The promoter and promoter group of the company have confirmed they will subscribe to the full extent of their aggregate rights entitlement.In addition, they will also subscribe to all the unsubscribed shares in the Issue

'We strongly disagree with the characterization of Amazon in this USTR report,' said an Amazon spokesperson..The list names Amazon India and Snapdeal along with a few other shopping complexes in India.

Auto companies, however, managed to export vehicles due to resumption of port operations.Maruti, Hyundai, M&M, Toyota Kirloskar, MG Motor reported zero domestic car sales for April

IBBI has already said the lockdown imposed by the government will not be reckoned in the resolution timeline.Since its inception, the IBC process has been mired in last-minute litigations with promoters trying hard to retain control of their firms

The worst hit among the top 20 companies was Cipla, whose sales fall by 28%, while that of Zydus Cadila, GSK Pharma and Dr Reddy’s down by 25%, each.There seemes to be less panic buying of medicines for chronic illnesses in the last two weeks of April

The resolution plan would allow lenders to get close to 40% of their claims for both the companies.While the joint resolution plan was approved by the committee of creditors (CoC) in April last year, SSG Capital, the other bidder for these assets contested the decision

Private hospitals say the order in its current form will result in losses and would also affect the salaries of healthcare workers.The reduction in prices for private healthcare providers comes at a time when they are dealing with lower hospital occupancy rates, as patients opt to postpone planned medical procedures due to the pandemic

Over 3,500 coaching centres across 70 cities and towns in India use the platform, says Classplus, which was launched in 2018

Gilead said it was in discussions with 'some of the world’s leading chemical and pharmaceutical manufacturing companies' to produce remdesivir for Europe, Asia and the developing world through at least 2022

Sequoia India launches a microsite to serve as a resource for founders and their teams during the challenging months ahead.The impact of covid-19 can be seen on Indian startups, with several unicorns including Udaan, OYO and Swiggy laying off and furloughing their permanent and contractual staff

This is the phase two of the Modernisation of Airfield Infrastructure programme, the ministry said