- Indian Railway is gradually starting its passenger train operations, starting with 15 set of trains each day from May 12.
- Reliance Industries has fixed May 14 as the record date for its rights issue. RIL is raising Rs. 53,125 Crore through the 1:15 rights issue.
- Nomura has revised its projection for India's real GDP growth in FY21 to -5.2% from -0.4%.
- NHAI has deferred its fund raising plan through TOT model by two months.
- According to a report of Ministry of Statistics, 400 infrastructure projects having a cost of Rs. 150 Crore or more have suffered cost overruns of more than Rs. 4.06 Lakh Crore.
- Power consumption in April has fallen by 22.75% YoY mainly due to low demand amid the ongoing lockdown.
Monday, May 11, 2020
News Updates: May 11, 2020
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