India Cellular and Electronics Association (ICEA) Chairman Pankaj Mohindroo said that the two-week lockdown extension notification issued by the Ministry of Home Affairs (MHA) appropriately undertakes significant measures whereby economic and manufacturing activities have been reopened in a calibrated manner.

Both Xiaomi and Realme said they will restructure their product plans and portfolio this year with the change in buying habit.

Makers of iphone & Xiaomi phones get requisite permissions from state authorities in South

“Permissions have been received by the majority of the companies, though the workforce has been truncated to 20-30%. It is extremely difficult to reach any kind of optimisation and efficiency in this manner,” Pankaj Mohindroo, chairman of India Cellular & Electronics Association (ICEA), told ET.

Here are the charges, terms and conditions of availing the three-month equated monthly instalment (EMI) moratorium from Tata capital financial services. These are details as mentioned on Tata Capital's website for financial services.

If you are an IDBI Bank customer, here are the details of the bank's EMI moratorium facility. These details are as per the bank's website.

According to the bank, "The objective of this loan is to provide ease to tide over the liquidity mismatch to existing customers." The customer can approach their existing branches to avail this personal loan up to a maximum limit Rs 5 lakh

Normally, one can defer payment by paying 'minimum due amount' and roll over the balance outstanding amount to the next month. In this process, the unpaid amount is carried forward to the next billing cycle and 2-4 percent interest is levied on it.

According to the RBI Monetary Policy Report, 36 banks out of 62 banks have adopted repo rate as an external benchmark whereas six banks have adopted the market-based benchmarks such as CD rate, 3-month treasury bill etc.

The amount for which you will stand guarantee will reflect in your credit report as an outstanding liability. Hence, understand the legal implications in case of default by a person you stood guarantor for.

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During the past week, Uber has embarked on a blitz of cost-trimming moves. Uber said it will end food delivery operations in more than a half-dozen countries and that its Middle East unit Careem will terminate 31% of employees.

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Earlier this week, Uber said it was cutting 3,700 full-time workers, or about 14 per cent of its workforce, as people avoiding contagion either stay indoors or try to limit contact with others.

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The digital repository that is being launched could include a list of tools such as automated accounting, tax reconciliation, cloud services, cyber security, video conferencing, online meetings available free to MSMEs for a limited period of time.

Besides rental waivers on select plans for micro, small and medium enterprises, the telcos will help manage their bandwidth needs and offer customised digital tools to boost their web presence.

Workers in red zones were also finding it difficult to travel to factories in orange and green zones. Milon Nag, managing director of Pune-based KK Nag Ltd said, “Our factories in rural areas are open. But our managers and all live in Pune and they are unable to reach factories.”

The plan, which has been in the works for months, is likely to be part of the stimulus package.

Yediyurappa announced a special relief package of Rs 1,610 crore to assist people from various affected sectors on Wednesday, which was welcomed by his political opponents.

It further said that although 2020 is a lost year, in terms of trade, India can think long-term and build relations so that it can occupy the space vacated by China.

Available on the Apple App store and the Google Play store, this app is yet another step by Tata Capital to enhance user experience for channel financing and term loan borrowers.

The economy has been severely impacted due to the COVID-19 pandemic but the government and policymakers are looking for segments that are in the best position to help revive the economic activity the quickest.

Credit bureau Trans-Union Cibil has said that two out of three MSMEs entered this lockdown with structurally strong positions.

The objective is to envision and create a seamless 'digital dining' experience that will make the customers feel safe while trying to preserve the warmth and emotion of dining out.