 | PNB fraud case: Interpol notice against Nirav Modi's brother put up for public viewing againBased on a request from Indian agencies, the Interpol had issued a Red Corner Notice (RCN) against Nehal Modi and put it up for public viewing to enable gathering of information about him. |
 | ILO expresses deep concerns over labour law suspension, tweaking to PM ModiThe ILO's intervention came after ten central trade unions escalated the issue of suspension and tweaking of labour laws with the international body through a letter on May 14, 2020. |
 | Germany mulls 50,000 euros a month for stricken firmsTo qualify for the support, applicants must prove that their revenues plunged by at least 60 percent year-on-year in April and May, when the impact of the coronavirus lockdowns hit hardest. |
 | German court ruling clears the way to settle VW diesel casesThe decision affects some 60,000 individual claims brought by car owners there; around 262,000 others have already been covered by an 830 million-euro ($904 million) class-action settlement. |
 | Malls lose Rs 90k cr in 2 months, Shopping Centres Association of India seeks adequate reliefIn a statement, the industry body said that the Reserve Bank of India's (RBI) relief measures are not adequate to support the liquidity needs of the industry. |
 | IDFC First Bank senior management takes 10 pc pay cutManaging Director and CEO V Vaidyanathan has voluntarily offered to take a pay cut of 30 per cent in his compensation, including fixed compensation as well as all allowances. |
 | Kotak Mahindra Bank slashes interest rate by 0.50% on savings depositsFrom Monday, daily balance of over Rs 1 lakh will earn 4 per cent interest as against the 4.50 per cent earlier, while those under that threshold will earn 3.50 per cent, the bank said. |
 | Bharti Airtel promoter to raise USD 1 billion through equity: SourcesBharti Telecom holds around 41 percent stake in Bharti Airtel, while foreign promoter entities own 21.46 per cent stake in the telecom firm. |
 | Ikea resumes online service, provides contactless experienceThe Click & Collect service ensures minimal contact between co-workers and customers during the delivery of the products from the store. |
 | Corporate governance: SBI weighed down by its own laws, says IiASIt can be noted that the SBI Act allows for votes to be taken either by show of hands or by a poll. |
 | Major industries, govt agencies owe about Rs 5 lakh cr in outstanding dues to MSMEs: GadkariThe MSME minister said the Centre has decided that its ministries and public sector undertakings will clear outstanding payments of MSMEs within 45 days. |
 | COVID-19: Retailers' body writes to PM Modi, seeks immediate relief for sectorThe association, which has around 15,000 developer members, has sought one-time debt restructuring, lower interest rate on home loans and tax sops to boost liquidity and demand in the sector. |
 | Wishbox 2.0: Check out Mercedes Benz's customised finance options to lure customers backThese smart financing solutions are one-of-its kind and are our own way of supporting our customers' investments and addressing the prevalent market challenges. |
 | Govt wheat procurement surpasses last year's level of 34.1 mn tonnes despite hurdlesWheat procurement target has been set at 40.7 million tonnes (MT) for the 2020-21 marketing year. |
 | Central Board of Indirect Taxes clears Rs 11,052 cr GST refund claims since April 8In a tweet, the CBIC said it is "committed to ensuring liquidity to GST taxpayers especially MSME sectors during the lockdown". |
