 "Coronavirus spread: Retailers, multiplexes, mall owners spar over rentals")
Cash-starved and desperate, states borrow at steep rate in lockdown
The slowdown caused by the lockdown amid coronavirus pushed states to borrow cash at a steep price from the bond market. Domestic investors demanded states to shell out spreads of 140-200 basis points (bps) over the equivalent government securities and they had to agree. However, 19 states could only manage to raise 32,560 cr instead of their intended target of Rs 37,500 crore. Read More...
IT catches Covid-19 bug: Sector's outlook takes a hit on demand concerns
Top firms are under pressure due to weak demand caused by
