Edition:
India

Abhirup Roy

RPT-INSIGHT-More patients than beds in Mumbai as India faces surge in virus cases

26 May 2020

MUMBAI/NEW DELHI, May 25 When Manit Parikh's mother tested positive for the new coronavirus, she was rushed by ambulance to Mumbai's private Lilavati Hospital, but officials told the family no critical-care beds were available.

More patients than beds in Mumbai as India faces surge in virus cases

25 May 2020

MUMBAI/NEW DELHI When Manit Parikh's mother tested positive for the new coronavirus, she was rushed by ambulance to Mumbai's private Lilavati Hospital, but officials told the family no critical-care beds were available.

INSIGHT-How one Indian company could be world's door to a COVID-19 vaccine

23 May 2020

By Abhirup Roy and Euan Rocha PUNE If the world is to gain access to a vaccine for COVID-19, there's a good chance it will pass through the doors of Serum Institute of India.

How one Indian company could be world's door to a COVID-19 vaccine

23 May 2020

PUNE If the world is to gain access to a vaccine for COVID-19, there's a good chance it will pass through the doors of Serum Institute of India.

NMC founder owes over $250 million to Bank of Baroda - court document

19 May 2020

DUBAI/MUMBAI Bank of Baroda is seeking to recover loans worth more than $250 million from NMC founder BR Shetty and his companies and an Indian court has barred him and his wife from selling or transferring some properties while it hears the case, a court document showed.

RPT-ANALYSIS-Cash-strapped India's economic plan unlikely to soften coronavirus blow

19 May 2020

* Wary of ratings cuts, govt doesn't want to let deficit widen

Cash-strapped India's economic plan unlikely to soften coronavirus blow

18 May 2020

NEW DELHI India's $266 billion economic rescue package rests mostly on boosting company credit but contains scant new public spending, tax breaks or cash support to revive demand and prevent firms from collapsing, business leaders and economists say.

RPT-ANALYSIS-By default: Virus threatens to derail retail boom for Indian lenders

18 May 2020

MUMBAI, May 15 Indian lenders are facing a jump in coronavirus-related defaults on credit card dues, personal and vehicle loans, forcing them to set aside hundreds of millions of dollars and take steps like asking sales staff to track down borrowers who have vanished.

India to privatise state-run companies and halt fresh insolvencies amid COVID-19 pandemic

17 May 2020

NEW DELHI/MUMBAI India said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year, as the country battles with the economic fallout from the coronavirus pandemic.

By default: Virus threatens to derail retail boom for Indian lenders

16 May 2020

MUMBAI Indian lenders are facing a jump in coronavirus-related defaults on credit card dues, personal and vehicle loans, forcing them to set aside hundreds of millions of dollars and take steps like asking sales staff to track down borrowers who have vanished.

World News