Exports, retail, consumer durables and most service sectors — aviation, hospitality, food, travel and tourism among others — have been hit by the 21-day lockdown that began on March 25.

The Reserve Bank of India (RBI) on Monday said it will issue certain series of government securities (G-secs) under the "fully accessible route".

Earlier, on March 20, IBA had made a representation to RBI on this issue.

The government has not extended the current 2019-20 fiscal year and it will end as scheduled on March 31, the finance ministry said Monday.

To provide respite to companies and Limited Liability Partnerships (LLPs) in the wake of COVID-19, the Ministry of Corporate Affairs has introduced the ‘Companies Fresh Start Scheme, 2020’ and revised the ‘LLP Settlement Scheme, 2020’.

The Shapoorji Pallonji Group, controlled by billionaire Pallonji Mistry and his family, is in preliminary discussions to borrow as much as $1 billion to repay maturing debt using part of its stake in Tata Sons as collateral, said people with knowledge of the matter.

Home-grown diversified FMCG firm CavinKare, responding to the Covid-19 crisis and requirement, has come up with quality hand sanitiser products starting at Re 1.

Reliance Industries Ltd.

Despite e-commerce companies saying they're resuming their services, many of them still face challenges in delivering even essential products to consumers.

E-commerce major Amazon India has resumed services in some cities, including Bengaluru, Noida, Gurugram, Hyderabad, Kolkata, Ahmedabad and Mumbai, but deliveries would continue to be delayed because of movement restrictions and extensive lockdowns.