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But, even if lockdown restrictions are eased, labour remains the biggest challenge for both agriculture and industry.
Profitability and cash reserves have halved since the global financial crisis
With the Indian unit having shed 10% to the dollar since January, companies raised $5 bn in March quarter of 2020, against $8.8 billion in the year-ago period
Sebi is likely to allow corporate houses to treat unlisted non-convertible debentures as 'term loans'.
Reputed conglomerates are opting for moratorium on debt servicing
"The government lacks the fiscal space. It will not be feasible to give grants to the industry to take care of its wage bills," sources said.
Pronab Sen, former chief statistician, pointed out, "In the unaffected districts, we should open up the lockdown but not allow movement out of these areas.''
According to BoFA Securities, the measures announced by private firms will not only help fight the virus, but will also boost their prospects at the bourses.
With combined market capitalisation of Rs 13.8 trillion, 74 Indian subsidiaries of global multinationals are now ahead of state-owned listed companies
The social distancing imperative has prompted the company to consider rejigging shifts, so that there is no overlap of workmen between two shifts
Most CEOs favour a partial lifting of the lockdown after April 14
Moody's, too, revises outlook on Indian banks to negative
Chief executives (CEOs) and head-hunters say that besides an across-the-board freeze on hiring, a salary cut for staff starting April is a possibility.
But Avenue Supermart, Bharti Group saw a big YoY jump this fiscal year
Firms to set up isolation rooms, led by Apollo Hospitals
The issues formed key concerns raised by industry during a meeting with Commerce and Industry Minister Piyush Goyal held via video conference on Saturday
Over Rs 2.59 trillion worth of debt papers see downward rating in February
Sebi has also granted three-month extension for yearly committee meetings and has provided temporary exemption to listed firms from publishing newspaper ads