While most sugar mills remain operational as sugar falls under essential commodities as per the Essential Commodities Act 1955, issues such as supply chain disruptions, labour shortage and reduced user industry demand will impact the sales of sugar companies, says India Ratings and Research...
While the majority of businesses have been hit hard because of the corona virus (COVID19) pandemic, online education has been witnessing unprecedented surge in demand as schools, universities and offline classes are closed. Identifying this as a perfect time to double down its bet on the...
The Supreme Court has allowed appeal filed by New Delhi Television Ltd (NDTV) to quash the notice issued by the income tax (I-T) department seeking reassessment of income assessment for the financial year 2007-08 for allegedly round-tripping hundreds of crores of rupees from foreign sources....
Intensifying COVID-19 pandemic and a looming global recession have cast an unprecedented cloud over the credit quality outlook of India Inc, which has already been impacted by a slowing economy. This has forced CRISIL to slash its base-case gross domestic product (GDP) growth forecast for...
Hit hard by the COVID-19 outbreak that has dampened economic activity and low consumer sentiment, automobile manufacturers' March sales dwindled.
The sector's sales during the month were impacted mainly due to the suspension of operations in view of the coronavirus crisis and the...
