MUMBAI : Inability of promoters to bring in fresh equity could significantly hamper loan restructuring of companies across the board hit by sharp fall in revenues due to extended lockdowns.

While the government and RBI have announced several key measures to aid liquidity flow into stressed companies, bankers who spoke to Mint on condition of anonymity, maintained that the increasingly lopsided debt-equity ratio of many companies could become a major impediment for any potential loan recast, without which the survival of many businesses will be in question.

Promoters in many Indian corporations have in the past have heavily banked on lenders including banks and credit funds to raise equity to infuse in the business.

Read more on livemint.com

All news from livemint.com

The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Unemployment rate falls to 13.3%, US adds 2.5 million jobs

WASHINGTON (AP) - The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added — a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the wake of the viral pandemic.RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updatesThe May job gain suggests that businesses have quickly been recalling workers as states have reopened their economies.Other evidence has also shown that the job market meltdown triggered by the coronavirus has bottomed out.

Usa Washington covid-19 economy Coronavirus

US jobless rate unexpectedly fell in May as hiring rebounded

WASHINGTON : America’s labor market unexpectedly rebounded in May, signaling the economy is picking up faster than thought from the depths of the damage from the coronavirus pandemic.Nonfarm payrolls rose by 2.5 million after a 20.7 million tumble the prior month that was the largest in records back to 1939, according to Labor Department data Friday. The jobless rate fell to 13.3% from 14.7%.Economist forecasts had called for a decline of 7.5 million in payrolls and a jump in the unemployment rate to 19%.Treasury yields and U.S.

Usa Washington economy Department Coronavirus

Kate Garraway admits husband may never recover after Covid-19 during emotional return to GMB

Covid-19 as she opened up during an emotional return to Good Morning Britain. The 53-year-old made her first appearance on the ITV breakfast show since her partner Derek Draper became severely ill.

Kate Garraway Derek Draper Britain virus covid-19 GMB Coronavirus

Coronavirus Scotland: Further nine deaths but number of new cases falling

Ayrshire & Arran region have been diagnosed with the coronavirus which is an increase of five from yesterday's figure.

Scotland hospital death symptoms Coronavirus

U.S. unemployment rate falls to 13.3% in May

COVID-19 pandemic was bottoming.The Labor Department’s closely watched monthly employment report showed the jobless rate dropped to 13.3% last month from 14.7% in April. Nonfarm payrolls rose by 2.509 million jobs after a record plunge of 20.687 million in April.

Coronavirus

Another huge blow to US workers expected in May jobs report

WASHINGTON (AP) - America's workers likely suffered another devastating blow in May, with millions more jobs lost to the viral pandemic and an unemployment rate near or even above 20% for the first time since the Great Depression.Economists have forecast that the government will report Friday that employers shed 8.5 million more jobs last month on top of 21.4 million lost in March and April.

Usa Washington pandemic economy Government Coronavirus

Seth Rogen - Kacey Musgraves - George Floyd - Byron Brown - Seth Rogen, Kacey Musgraves, More React As Buffalo, N.Y. Police Officers Caught On Video Pushing 75-Year-Old To Ground - etcanada.com - state New York - county Buffalo

Seth Rogen, Kacey Musgraves, More React As Buffalo, N.Y. Police Officers Caught On Video Pushing 75-Year-Old To Ground

Two Buffalo, New York, police officers were suspended without pay on Thursday after a video showed them shoving a 75-year-old man to the ground, as protests over the police killing of George Floyd continued into their tenth night.

Seth Rogen Kacey Musgraves George Floyd Byron Brown state New York county Buffalo hospital experts old

Take a virtual cruise down memory lane on the Maid of the Loch

People longing to get back to the Bonnie Banks will be able to set sail on a virtual cruise to help raise funds for a historic paddle steamer.To mark 67 years since the Maid of the Loch first started taking tourists on a journey to some of the loch’s most stunning scenery, the Loch Lomond Steamship Company are offering everyone the chance to step back in time to 1953 while helping to preserve the iconic vessel’s future.Last month the Loch Lomond Steamship Company (LLSSC), which owns the Maid, revealed hopes of getting her sailing again could be dashed by coronavirus, with her doors remaining closed at what is usually the busiest time of year for tourists visiting the loch.The potential blow came after more than £1m was raised to help

Volunteers prevention Coronavirus

Alessandra Ambrosio steps out in linen overalls and a face mask in Los Angeles

As the coronavirus pandemic continues to fade into the background of national media attention, more and more businesses are reopening while new cases of the disease seem to abate.Brazilian supermodelAlessandra Ambrosio was seen stepping out to run errands in the Woodland Hills area of Los Angeles, California.Ambrosio, 39, looked stunning as usual, in a belted linen overall set that hung off her svelte frame beautifully. About time:Alessandra Ambrosio was seen running errands on Thursday in the Woodland Hills area of Los AngelesThe grey garment featured a white striped pattern.Alessandra also carried a tan leather purse on her shoulder, and matching slides on her feet.

Alessandra Ambrosio Los Angeles state California city Los Angeles, state California Brazil pandemic mask Coronavirus

Kate Garraway reveals husband Derek is ‘covid-free’ but may not recover

Good Morning Britain host Kate Garraway has updated fans on her husband’s critical condition after he fell seriously ill with coronavirus ten weeks ago.

Kate Garraway Britain hospital virus doctor Coronavirus

Kate Garraway makes emotional return to GMB admitting Derek 'may not recover'

Kate Garraway made an emotional return to Good Morning Britain on Friday, for her first appearance since husband Derek Draper was hospitalised with coronavirus.

Kate Garraway Derek Draper Britain virus covid-19 GMB Coronavirus

Lana Del Rey posts a gorgeous selfie before she joins friends for another day of protesting in LA

Lana Del Rey recently faced backlash after posting to Instagram from a Black Lives Matter protest.But the six-time Grammy nominee is continuing to show her support, following the police killing of George Floyd in Minneapolis.She posted a beautiful selfie Thursday to Instagram before she stepped out for another day of protesting with friends in Los Angeles. Serving face: Lana Del Reyposted a beautiful selfie Thursday to Instagram before she stepped out for another day of protesting with friends in Los AngelesThe 34-year-old served a fresh beauty look with a black wingtip eyeliner while sporting a white thermal t-shirt.She later posted a set of photos, including one snap of her friends, who appeared to be relaxing on someone's porch.

Lana Del Rey Los Angeles county George county Floyd city Minneapolis, county Floyd pandemic mask

Are we moving at the right pace on the Covid-19 roadmap?

With Ireland set to move to Phase 2 of the roadmap for easing Covid-19 restrictions on Monday, 8 June, Moira Hannon explores what the future might look like in Ireland.

Philip Nolan Ireland Coronavirus

Another huge blow to US workers expected in May jobs report

WASHINGTON –

Usa Washington city Washington pandemic economy Government Coronavirus

Saskatchewan small businesses falling through the cracks

WATCH: Local businesses are facing tough choices as many don’t qualify for federal support and provincial help is limited. As Daniella Ponticelli reports, many are falling through the cracks.

‘Right place, right time. We were there:’ Good Samaritans alert residents of fire at Oviedo on the Park

OVIEDO, Fla. – Residents returned to their homes on Thursday at the Parks Place apartments in Oviedo at the Park days after fire officials said lightning hit the building and caused the fire.

Volunteers donates

Swab error means thousands of Brits may wrongly think they don't have coronavirus

Experts fear that thousands of Brits may have been told they are coronavirus free because swabs used in tests did not go as deep into the nose as is needed.

Britain experts testing Coronavirus

Strictly pro Gorka Marquez shares sweetest snap with sleeping baby Mia

Gorka Marquez Johannes Radebe stars Coronavirus

LA Galaxy to meet with Katai after wife's 'racist' social media

The LA Galaxy will meet with new Serbian winger Aleksandar Katai on Thursday to discuss a series of alarming social media posts by his wife.Tea Katai made the since-deleted posts on her Instagram story this week, the Galaxy confirmed Wednesday night in a statement that called the posts 'racist and violent.'The team says its meeting with Katai, who has appeared in only two games for the Galaxy, will 'determine next steps.' Unfortunate: The LA Galaxy will meet with new Serbian winger Aleksandar Katai on Thursday to discuss a series of alarming social media posts by his wife.

Serbia 2020 pandemic stars Coronavirus

Molly-Mae Hague - Tommy Fury - Olivia Buckland - Oliva Buckland rages at ‘third-party dog breeders’ after Molly-Mae and Tommy Fury’s puppy dies - thesun.co.uk - Russia - city Hague

Oliva Buckland rages at ‘third-party dog breeders’ after Molly-Mae and Tommy Fury’s puppy dies

LOVE Island alumni Olivia Buckland is the latest celebrity to vent her feelings at ‘third-party dog breeders’ in the wake of the death of Molly-Mae and Tommy Fury’s puppy. The reality star, who has several pooches herself, shared a lengthy post to her Instagram on Thursday, warning her followers about the dangers of buying puppies from abroad.

Molly-Mae Hague Tommy Fury Olivia Buckland Russia city Hague death stars shock

Charlotte Crosby puts on raunchy display with new boyfriend Liam Beaumont as they’re spotted together for first time

GEORDIE Shore star Charlotte Crosby has put on a very raunchy display with her new boyfriend Liam Beaumont as the pair are pictured together for the first time. As the pair cleaned her Range Rover together, the two got up close and personal with Liam picking up Charlotte to help her reach the roof.

Liam Beaumont Charlotte, county Crosby city Charlotte, county Crosby county Crosby Government stars Coronavirus

Line of Duty and Dancing On Ice snubbed by BAFTA bosses in favour of ‘high-brow’ The Greatest Dancer

BAFTA bosses have snubbed some of Britain’s best-loved TV shows and stars in favour of a stream of high-brow nominations. BBC blockbuster Line of Duty was ignored for Best Drama while ITV hits Britain’s Got Talent and Dancing On Ice failed to make the Entertainment list.

Olivia Colman Japan Britain pandemic BBC stars Coronavirus

Chrissy Teigen shares heartwarming photo of her blanket-wrapped 'breakfast burritos' Luna and Miles

She's shared many moments of family fun during California's extended coronavirus lockdown.And Chrissy Teigen gave her followers another glimpse into her busy home life on Thursday, by sharing an adorable photo of daughter Luna, four, and son Miles, two.The children she shares with musician John Legend were wrapped up tightly in blankets on the couch for the photo op. Aww: Chrissy Teigen gave her followers another glimpse into her busy home life on Thursday, by sharing an adorable photo of daughter Luna, four, and son Miles, twoThe model mom captioned the post, 'breakfast burritos'.

John Legend Chrissy Teigen state California death donates Coronavirus

Out of work? Here’s how to find Central Florida companies looking to hire

ORLANDO, Fla. – The effects of COVID-19 continue to cause unemployment in Florida with more than 206,000 people filing for jobless benefits last week for the first time.

state Florida city Orlando covid-19 pandemic Coronavirus

Washington, D.C. Protestors Lead ‘Lean On Me’ Sing-Along In Front Of The White House

After months of concerts and performances being cancelled due to the coronavirus pandemic, live music has returned — at protests and rallies across the country.

George Floyd city Washington, area District Of Columbia area District Of Columbia Washington, area District Of Columbia city Minneapolis death pandemic bill Coronavirus

Banks, NBFCs line up to woo MSMEs

MUMBAI : Banks, non-banking financial companies and fintech companies are looking at the government’s ₹3 trillion automatic collateral-free loans to micro, small and medium enterprises (MSMEs) as an opportunity to protect their books more than a business opportunity.

India city Mumbai

Chad Brownlee Apologizes For Social Media Post That ‘Could Be Perceived As Racist’

Canadian country singer Chad Brownlee has apologized after posting a conspiracy theory image criticized as racist and antisemitic on his social media accounts.

George Soros Usa Chad covid-19

Washington, D.C. Protestors Lead 'Lean on Me' Sing-Along in Front of the White House

After months of concerts and performances being canceled due to the coronavirus pandemic, live music has returned — at protests and rallies across the country.

George Floyd city Washington, area District Of Columbia area District Of Columbia Washington, area District Of Columbia city Minneapolis Protests Black Lives Matter

Queen's Brian May 'crawled to home studio' to make music after heart attack

He will, he will rock you – and not even a heart attack and a pain in the backside can stop him.

Brian May stars

Global CO2 levels in atmosphere hit new highs in May despite lockdowns

The drop in worldwide emissions due to the coronavirus outbreak fails to cancel out the large natural variations in carbon emissions caused by how plants and soils react to temperature, humidity and other factors, scientists said

state Hawaii outbreak pandemic Government Coronavirus

Celebrity vet demands probe into death of Molly-Mae Hague and Tommy Fury's puppy Mr Chai

The founder of Lucy's Law Marc Abraham has called for an investigation into the death of Molly-Mae Hague and Tommy Fury's puppy. The Love Island couple were left devastated after announcing on Wednesday, 3 June, that their Pomeranian dog Mr Chai had tragically died due to a seizure and a host of neurological issues, just six days after being imported from Russia.

Molly-Mae Hague Tommy Fury Mae Fury Russia city Hague death

US tech firms line up for stakes in telcos

US technology companies appear to be seeking a foothold in India’s telecom sector through acquisitions of minority stakes that could potentially shore up the fortunes of both.

Morgan Stanley Usa India covid-19 pandemic Coronavirus

Neil Jones: Strictly pro reveals secret request to producers as he addresses new series

Strictly Come Dancing professional Neil Jones, 38, said he believes the show will still take place, despite the current uncertainty due to the coronavirus pandemic.Speaking on Fubar Radio this week, the dancer said the cast will “have a meeting” soon where they will be updated about this year’s show.The current coronavirus pandemic has prompted many shows to be postponed or cancelled, but Strictly Come Dancing could still go ahead, as it doesn’t kick off until September.Despite this year’s show not being confirmed as of yet, Neil admitted he has already given producers his request about his ideal celebrity partner.Neil said he would like to be partnered up with a wheelchair user or somebody who is “hard of hearing”.Rod Stewart's wife Penny

Neil Jones pandemic Strictly Come Dancing Coronavirus

Why men may have more severe COVID-19 symptoms, and using bacteria to track contaminated food

First up this week, Staff Writer Meredith Wadman talks with host Sarah Crespi about how male sex hormones may play a role in higher levels of severe coronavirus infections in men. New support for this idea comes from a study showing high levels of male pattern baldness in hospitalized COVID-19 patients.

Sarah Crespi covid-19 symptoms infection Coronavirus track

Molly-Mae Hague - Tommy Fury - Elena Katerova - Tiffany Puppies - Celebs 'offered puppies like shoes' as stars speak out after Molly Mae Hague saga - mirror.co.uk - Britain - Russia - city Hague

Celebs 'offered puppies like shoes' as stars speak out after Molly Mae Hague saga

Celebrities are being offered free puppies “like pairs of shoes” the Mirror can reveal following the uproar over the death of a dog flown in from Russia to the UK.

Molly-Mae Hague Tommy Fury Elena Katerova Tiffany Puppies Britain Russia city Hague recommendations death stars

Covid-centric malware attacks drop in May, attacks related to jobs rise: Report

India covid-19 information infection

Demand for rental units may go up but supply may not match up

The report states that in a socioeconomic environment where people are not assured of their future employment prospects, there is limited willingness to purchase a property and, therefore, the demand for rental units may go up

India city Mumbai covid-19 pandemic economy

Investigator: Racist slur used as Ahmaud Arbery lay dying

BRUNSWICK, Ga. - A state investigator alleged Thursday that a white man was heard saying a racial slur as he stood over Ahmaud Arbery's body, moments after killing him with three shots from a pump-action shotgun.

Travis Macmichael Greg Macmichael county Brunswick state Georgia outbreak death Department

Olivia Attwood says Molly-Mae Hague and Tommy Fury were ‘conned’ after puppy dies

Love Island star Olivia Attwood has spoken out to say Molly-Mae Hague was ‘conned’ after being offered free puppies herself.

Olivia Attwood Molly-Mae Hague Tommy Fury Mae Hague city Hague Molly Mae Hague

Opinion | Let us prepare for the Great Reset of modern capitalism

Covid-19 offers us a unique opportunity to reflect upon, reset and re-imagine the world that we want for future generations

China Usa covid-19 Government crisis

Opinion | The world needs journalists more than ever right now

The process of news gathering has transformed since the Cold War era of the early 1980s, when Ted Turner’s CNN and I began our careers in journalism, but the pursuit of truth has not changed.

India covid-19 gatherings death crisis

Olivia Attwood - Molly-Mae Hague - Molly Mae - Tiffany Puppies - Olivia Attwood claims she was 'offered free puppies' and that Molly-Mae was 'conned' - dailystar.co.uk - city Hague

Olivia Attwood claims she was 'offered free puppies' and that Molly-Mae was 'conned'

Love Island star Olivia Attwood has claimed she was "offered free puppies" after her stint on the ITV2 show.The 29-year-old reality star also claimed that Molly-Mae Hague was "conned" after hers and Tommy Fury's new puppy tragically died.

Olivia Attwood Molly-Mae Hague Molly Mae Tiffany Puppies city Hague stars

Newmarket Racecourse probing incident as glass pane falls from stand during 2,000 Guineas

Newmarket Racecourse is currently investigating an incident which occurred on Thursday, the first day horse racing has taken place since it was suspended due to the ongoing coronavirus pandemic.

Guinea pandemic stars HORSE RACING Coronavirus

Tottenham take out low-interest £175m loan from Bank of England to plug hole in finances

Tottenham have taken out a low-interest £175m loan from the Bank of England to plug the gaping hole in their finances caused by coronavirus.

Anthony Joshua Daniel Levy Premier League Tottenham Hotspur FC NFL Coronavirus

Books turned into binge-worthy TV series you can stream right now

Vicky Sparks shares her picks for the best books turned into TV series that you can binge in self-isolation.

self-isolation

Brian May Says Health Problems Have Him ‘Crawling Around The House On My Hands And Knees’

Brian May is recovering, but it’s not pretty.

hospital

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Falling promoter equity may throw a spanner in loan recast of companies

Related News