Economic Times
 
Business Standard
Ø  Moody's rating downgrade not surprising: SBI report
Ø  Banks need recapitalisation of Rs 4 lakh crore: Kotak
Ø  Extension of moratorium may affect liquidity of NBFCs
Ø  Modifications in NPS financially untenable: FinMin
Ø  Lenders’ woes may be worse than thought: Moody's
Ø  RIL rights issue oversubscription reaches 129.8%
Ø  Coal India subsidiary asks customers to extend validity of bank guarantees
 
Ø  Walmart-Flipkart deal: AAR rejects Tiger Global plea on withholding tax
Ø  Adverse weather conditions, lockdown to hit output of Rabi crops: Report
Ø  Vocal for local: India's $6.7 bn plan to boost electronics manufacturing
Ø  Oil prices increase ahead of Opec+ meeting on extended output cuts
Ø  Nearly 70% listed firms' turnover below new MSME threshold due to lockdown
Business Line
 
Mint
Ø  Tata Motors resumes manufacturing across all plants
Ø  IndiGo reports net loss of Rs 870.8 crore in March-quarter
Ø  Moody's downgrades 11 Indian infrastructure companies
Ø  BEML dispatches prototype of mainline electric multiple unit to Railways
Ø  IATA request govts to implement ICAO’s global guidelines
Ø  Strides Pharma Global gets USFDA approval for ointment
 
Ø  NRIs are not permitted to purchase any agricultural land in India
Ø  Production at 80-90% of normative levels: Hindustan Unilever
Ø  Biocon arm Syngene develops ELISA test kits, ties up with HiMedia for production
Ø  FMCG revenue to de-grow 2-3% in FY21: Crisil Ratings
Ø  Britannia Industries March quarter profit up 26%
Fina1ncial Express
 
Deccan Chronicle
Ø  US economy: CBO projects coronavirus impact could trim GDP by $15.7 trillion
Ø  Steel players’ operating profit to decline 20-30% in FY21: India Ratings
Ø  Maruti, Hyundai, Mercedes offer teaser car loans as RBI softens stance
 
Ø  Moody's cuts India's rating to lowest investment grade with negative outlook
Ø  Carmakers tie-up with banks to offer low interest rate schemes to attract customers