Corporates

Companies need to be more diligent while choosing partners for implementing COVID-19 relief measures: EY report

With an increasing number of corporates mobilising resources to support the government address the COVID-19 threat, there is a greater need for due diligence by companies on the partners they choose to work with to implement the relief measures, consultancy firm EY said on Wednesday

RBI 3-month EMI moratorium could provide Rs 2.1 lakh cr liquidity to companies: CRISIL Ratings

The Reserve Bank of India's three-month suspension of EMIs could provide a liquidity breather of Rs 2.10 lakh crore if all corporates avail it, says a report

Income Tax Department sends e-mails to 1.72 lakh assessees over outstanding tax dues

The income tax department has sent e-mails to 1.72 lakh assessees, including start-ups, companies and individuals, who have outstanding tax demands as well as tax refunds asking them to provide as update on the payment

Coronavirus Outbreak: Business confidence at 'sharpest moderation' since global financial crisis of 2008-09, FICCI survey

A survey by industry body FICCI has "revealed sharpest moderation" in the confidence level of India Inc since the global financial crisis of 2008-09 as the coronavirus outbreak has adversely affected their businesses

SEBI eases rules for companies on intimation to exchanges about board meetings

Markets regulator SEBI on Friday eased compliance rules for listed companies with regard to prior intimation to stock exchanges about board meetings amid the extended nationwide lockdown to tackle coronavirus pandemic

Corporates appeal to unite CSR efforts to protect vulnerable from coronavirus outbreak

A section of India Inc on Tuesday appealed all corporate social responsibility initiatives to unite and focus efforts towards protecting the vulnerable sections of the society from the COVID-19 pandemic

Coronavirus Outbreak: ICRA says credit quality of Indian firms worsened in FY20; warns increase in stressed assets in FY21

Domestic credit rating agency ICRA said credit quality of Indian companies worsened in the fiscal year 2019-20 as it downgraded Rs 7 lakh crore of debt and warned of "unprecedented strain" on credit profiles of corporates due to the coronavirus pandemic

Coronavirus Outbreak: Govt appeals to top companies for contributions to PM-CARES fund

Seeking more funds for the fight against coronavirus pandemic, the government has appealed to top corporates to make contributions to the PM-CARES Fund

Coronavirus Outbreak: Narendra Modi asks corporates to maintain production lines of essential commodities, prevent black marketing

Prime Minister Narendra Modi on Monday asked Indian companies to maintain production lines of essential commodities and ensure there is no hoarding as well as black marketing in the wake of the country fighting the coronavirus outbreak

ICAI to issue advisory on dealing with coronavirus impact on auditing work; document for corporates, auditors to be released before 31

It will be an advisory for auditors and companies on how to deal with the impact of the coronavirus outbreak