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Top headlines: Provisions for Covid-19 losses, Japan PM to step down, more

Business Standard brings to a snapshot of events which made it to the headlines today

Tamil Nadu has borrowed close to a massive Rs 40,000 crore in four-and-a-half months, compared to Rs 17,000 crore last year
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The S&P BSE 100 companies account for roughly two-third of India’s total listed market capitalisation

BS Web Team New Delhi
Firms, lenders provisions for Covid-related losses cross Rs 27,000 cr
Companies have accounted for Rs 27,312 crore in potential coronavirus-related losses on money owed to them. This includes lenders with outstanding loans as companies that are to collect on trade receivables--amounts owed for goods and services that they provided to customers but on which they are yet to receive payment. Read on...

Edelweiss 'looks to do an HDFC -- scale up and list': Group chief Shah
Edelweiss group has roped in private equity player PAG to invest Rs 2,200 crore in its wealth management business for a 51 per