Economy 1225 May12:0014:0016:0018:0020:00
Germany takes Lufthansa stake in landmark $15b bailout

25 May 19:14 2 articles

Berlin takes the controls at Lufthansa in €9B bailout

The largest aviation rescue in Europe is going to have to be approved by Brussels.

25 May 19:14 POLITICO 2584151345705609581.html
Germany takes Lufthansa stake in landmark $15b bailout

The German government takes a 20 per cent stake in the struggling airline that has been battered by the pandemic.

25 May 19:18 Brisbane Times 2314609338870095737.html
Bharti Airtel promoter to raise $1 billion through equity: Sources

25 May 19:06 2 articles

Bharti Airtel promoter to raise USD 1 billion through equity: Sources

Bharti Airtel promoter firm Bharti Telecom plans to raise USD 1 billion through equity sale to become debt free, according to a source aware of the development.

25 May 19:06 The Financial Express 1288289579710042109.html
Bharti Airtel promoter to raise $1 billion through equity: Sources

Bharti Airtel promoter firm Bharti Telecom plans to raise USD 1 billion through equity sale to become debt-free, according to a source aware of the development. The promoter firm Bharti Telecom plans

25 May 19:39 Deccan Herald 2027555796955710237.html
Delhi gas operators seek tax relief, loan restructuring to deal with lockdown impact

25 May 19:38 1 article

Delhi gas operators seek tax relief, loan restructuring to deal with lockdown impact

 Pummeled by evaporating demand and fall in business due to the lockdown, city gas operators such as Adani Gas, GAIL and Torrent Gas have sought tax relief and loan restructuring to tide over

25 May 19:38 Deccan Herald 2027555797806061652.html
Direct tax mop-up rises 39% amid sharp decline in disbursement of refunds

25 May 19:42 1 article

Direct tax mop-up rises 39% amid sharp decline in disbursement of refunds

Collections may come under pressure once the base effect wears off

25 May 19:42 Business-Standard 1502508925986000042.html
Domestic mutual funds increase ownership of Nifty companies in Q4

25 May 19:25 1 article

Domestic mutual funds increase ownership of Nifty companies in Q4

Compared to the March quarter last year, the ownership is higher by 140 bps

25 May 19:25 Business-Standard 1502508924719629769.html
Coronavirus impact: Will video on demand replace theatres?

25 May 19:16 1 article

Coronavirus impact: Will video on demand replace theatres?

The last one week has seen a heightened row between multiplex owners and film producers in India, when the latter decided to release their upcoming releases on VOD platforms

25 May 19:16 Business Today 1145527432559986388.html
IDFC First Bank senior management takes 10% pay cut

25 May 19:12 1 article

IDFC First Bank senior management takes 10% pay cut

Private sector IDFC First Bank on Monday said its senior management has voluntarily taken pay cut of 10 per cent due to coronavirus pandemic, while the CEO offered to surrender as much as 30 per cent of his salary.

25 May 19:12 The Financial Express 1288289581514597618.html
Japan lifts emergency in Tokyo

25 May 19:13 1 article

Japan lifts emergency in Tokyo

Stimulus plan to be funded by 2nd extra budget, Abe support at record low

25 May 19:13 The Telegraph 2864094128045537449.html
Is deflation set to become Economic Enemy No 1?

25 May 19:21 1 article

Is deflation set to become Economic Enemy No 1?

Amid all the uncertainties that lie ahead is the possibility of deflation setting in post-Covid-19. Negative inflation rates would create an even steeper and longer hill to climb out of economic recession than we are already expecting. It will all come down to whether demand under- or over-shoots supply. The jury is out.

25 May 19:21 Daily Maverick 2373996788370052599.html
Federal government launches hotline to offer businesses advice amid COVID-19 pandemic

25 May 19:57 1 article

Federal government launches hotline to offer businesses advice amid COVID-19 pandemic

The federal government has partnered with the Canadian Chamber of Commerce to launch a hotline to provide free advice to businesses.

25 May 19:57 mobilesyrup 1267416330550110967.html
Solving the space junk problem

25 May 19:57 1 article

Solving the space junk problem

Currently, an estimated 20,000 objects—including satellites and space debris—are crowding low-Earth orbit

25 May 19:57 Infowars 1950426314214238867.html
COVID-19: Dubai Tourism, stakeholders discuss strategies for industry revival

25 May 19:16 1 article

COVID-19: Dubai Tourism, stakeholders discuss strategies for industry revival

Emirates commenced passenger flights between Dubai and nine destinations from May 21

25 May 19:16 Gulf News 2086521543724339915.html