MUMBAI: Several micro and small auto component suppliers, categorized as tier 2 or 3 or even smaller in the supply chain, fear shutdowns as liabilities continue to mount and factories operate at minimal capacities.

Mounting liabilities for these firms mainly include wages, inventory costs, unutilized production capacities, interest on loans and other fixed overheads, several industry executives told Mint. "As the working capital dries up, many MSMEs may shutdown in the coming months.

Many small tool rooms, which function like the MSMEs and are critical link in the value chain, are also struggling for survival," said Nomura Research’s Ashim Sharma.

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.

Lady Gaga tried to wear diamond necklace to fast-food restaurant after 2019 Oscars

Lady Gaga attempted to wear a priceless diamond necklace to a fast-food restaurant following the 2019 Academy Awards.

Lady Gaga Alexander Macqueen The Graham Norton Show Academy awards

Recession ahead! Time to start a business?

What do IBM, Disney and Microsoft have in common? Apart from being reputable business names with strong brand recognition, they were all started during times of recession.

Ireland business Coronavirus

Durdle Door and Lulworth Cove closed to public after four injured jumping 200ft into sea

Two beaches have been closed after four people were injured cliff jumping at the popular Durdle Door tourism spot during lockdown.

covid-19 gatherings self-isolation Coronavirus

Herd immunity as COVID-19 strategy risky, countries must make timely interventions: CSIR

Herd immunity is achieved when the majority of population becomes immune to an infectious disease, either because they have become infected and recovered, or through vaccination

Shekhar Mande city New Delhi covid-19 vaccine infection

manchestereveningnews.co.uk

31.05.2020 / 09:53

36%

648

Four things spotted in Man City training as Leroy Sane shown no mercy

Manchester City players trained for the first time as a squad since March on Saturday after Premier League clubs passed a vote to return to full-contact training.

Kevin De-Bruyne city Manchester city Man testing pandemic Coronavirus

Four-part plan to get fit in lockdown - without having to visit the gym

Visits to the gym might not be an option just yet.

outbreak experts prevention Coronavirus

Strictly Come Dancing 'planning bizarre Masked Singer style costumes so 2020 series can go ahead'

Strictly Come Dancing are considering dramatic measures to ensure the 2020 series can go ahead amid the ongoing coronavirus pandemic – including suggesting contestants wear The Masked Singer style costumes.

2020 mask stars Coronavirus

1 hurt as crews battle 3-alarm fire in Center City

Crews are responding to a fire near 17th and Chestnut, an area where stores were looted a short time before.

Jefferson Hospital city Center

Officers, civilians hurt after a day of protests, riots, looting in Philadelphia

PHILADELPHIA - National unrest in the police custody death of Minneapolis man George Floyd continued in Philadelphia on Saturday, as crowds gathered to demonstrate in various parts of the city.

George Floyd city Philadelphia county Hall city Minneapolis gatherings death

Crews battling large fire at 3 story building in Center City

Crews are responding to a fire near 17th and Chestnut, an area where stores were looted a short time before.

city Center

Woman at George Floyd protest 'threw Molotov cocktail at four NYPD policeman'

A female protester has been charged with four counts of attempted murder after a Molotov cocktail was thrown at a police cruiser during protests over the death of George Floyd.

George Floyd city Brooklyn death

Nadia Sawalha: 'I was neurotic' Loose Women star opens up on 'hard' lockdown with husband

Loose Women star Nadia Sawalha, 55, has spoken out about how she first felt "neurotic" in the early days of the coronavirus lockdown with her husband and TV producer Mark Adderley.The ITV favourite confessed how the lockdown was "really hard" in the beginning as she was often "hysterical" after watching the news.Nadia, who has been married to Mark since 2002, spoke about how she was first dealing with the lockdown restrictions.Speaking to Ok! Online about whether being homebound with her partner had improved their relationship, the actress divulged: "I would, actually."I think at the beginning it was really hard because I was neurotic and I was really over responding to everything, watching news the whole time, being hysterical, which is

Nadia Sawalha Mark Adderley ITV EastEnders Loose Women Coronavirus

UFC free live stream, UK start time and TV channel for Tyron Woodley vs Gilbert Burns

The UFC continues unabated tonight as the promotion returns to Las Vegas for the first time since the coronavirus crisis began.

Dana White Britain state Florida city Las Vegas president crisis Coronavirus

Police cruiser set on fire as George Floyd protests continue in Philadelphia

PHILADELPHIA - National unrest in the police custody death of Minneapolis man George Floyd continued in Philadelphia on Saturday, as crowds gathered to demonstrate in various parts of the city.

George Floyd city Philadelphia county Hall city Minneapolis gatherings death

No new COVID-19 cases reported in Manitoba ahead of next phase of reopening

Right now in the province, there are nine active cases confirmed and 278 people have recovered.

covid-19 coronavirus update Coronavirus Cases Coronavirus

Infected workers, parts shortages slow auto factory restarts

DETROIT – The U.S. auto industry’s coronavirus comeback plan was pretty simple: restart factories gradually and push out trucks and other vehicles for waiting buyers in states left largely untouched by the virus outbreak.

city Detroit Mexico virus testing disinfect infection Coronavirus

Increased demand for backyard oasis as Manitobans stay in for the summer

With the novel coronavirus halting any summer travel plans outside of Manitoba, many residents are looking to spruce up their backyards to create a relaxing space to hang out with the family.

covid-19 Coronavirus

Here's What You Can Do Right Now to Demand Justice for George Floyd

On May 25, George Floyd, a black man in Minneapolis, Minnesota, died during his arrest by a white . Former Minneapolis cop, Derek Chauvin, was filmed pinning Floyd to the ground by kneeling on his neck for nearly nine minutes, even after the 49-year-old truck driver was unconscious.

George Floyd Derek Chauvin state Minnesota city Minneapolis, state Minnesota police violence Police Brutality

Simon Cowell's rigorous fitness plan to maintain four stone weight loss unveiled

Britain's Got Talent boss Simon Cowell has revealed the secret behind his buff new body.

Amanda Holden Simon Cowell Britain hospital doctor

Neil Doncaster in quick-fire Ann Budge response as he promises further update to clubs on investment offer

SPFL chief executive Neil Doncaster has promised further talks with Ann Budge over an offer from philanthropists to put cash into the league.

Neil Doncaster crisis Coronavirus

Simon Cowell does ‘150 press ups every morning’ to stay fit after four stone weight loss

Simon Cowell has reportedly revealed he does 150 press ups every day to help keep himself fit.The 60 year old Britain’s Got Talent star recently opened up about loosing an impressive four stone after following a vegan diet and exercising in lockdown. And, now the BGT star, who recently slammed claims he was accused by his parter Lauren Silverman of having an affair with Mel B, has reportedly revealed one of the ways he’s keeping fit after his lifestyle transformation.

Amanda Holden Simon Cowell Britain stars

Holly Willoughby - Phillip Schofield - Ruth Langsford - Dan Baldwin - Holly Willoughby and Phillip Schofield reunite ahead of This Morning return - dailystar.co.uk

Holly Willoughby and Phillip Schofield reunite ahead of This Morning return

Phillip Schofield and Holly Willoughby have virtually reunited ahead of their return to This Morning on Monday.

Holly Willoughby Phillip Schofield Ruth Langsford Dan Baldwin This Morning

SpaceX presses ahead in historic 1st launch of astronauts

CAPE CANAVERAL, Fla. - Despite more storms in the forecast, SpaceX pressed ahead Saturday in its historic attempt to launch astronauts for NASA, a first by a private company.

Bob Behnken Ireland president testing pandemic Coronavirus

5 hurt in multiple shootings during overnight violence in Philadelphia

All of the cases are under investigation by the Philadelphia Police Department.

city Philadelphia hospital Department

SpaceX presses ahead in historic 1st launch of astronauts

CAPE CANAVERAL, Fla. – Despite more storms in the forecast, SpaceX pressed ahead Saturday in its historic attempt to launch astronauts for NASA, a first by a private company.

Bob Behnken Ireland president pandemic Department Coronavirus

Delhi government four steps ahead of coronavirus: Arvind Kejriwal

Delhi chief minister Arvind Kejriwal on Saturday said the state government is “four steps ahead" in its preparedness to tackle the coronavirus crisis. The Aam Aadmi Party leader reiterated that the national capital cannot be under a lockdown forever.

Arvind Kejriwal city Delhi hospital death Government Coronavirus

Small business owners can now apply for PPP loan forgiveness: Everything to know

A new study shows how Americans are using their retirement savings to cover costs amid the COVID-19 pandemic.

Usa Los Angeles covid-19 2020 pandemic Government Coronavirus

manchestereveningnews.co.uk

30.05.2020 / 13:19

91%

524

“Do not rush back” - Warning to Peak District visitors ahead of sunny weekend

People are being urged 'not to rush back' to the Peak District after the region saw an increase in visitors 're-connecting with the outdoors' following the government’s changes to the lockdown.

hospital virus covid-19 travelers

Auto dealers, customers may find limited financing options on rising defaults

Automobile dealers and customers may find it difficult to borrow from banks and non-banking financial institutions (NBFCs) as defaults from the sector could increase significantly after the loan moratorium granted by the Reserve Bank of India (RBI) is lifted.

India city Mumbai city Pune pandemic Coronavirus

Odisha labour reform: Exempts small firms from Factories Act, hikes firing limit

NEW DELHI: Odisha has amended its key labour laws, exempting a sizable portion of small factories from the purview of Factories Act, 1948, and has allowed companies with up to 300 workers to fire people or close down units without prior approval of the government, a threefold increase from the current threshold in the Industrial Dispute Act, 1947.

city New Delhi India covid-19 pandemic Government firing

Kerala to provide free high-speed internet connections to the poor soon

Thiruvananthapuram: The Kerala government has announced that its ambitious Kerala Fibre Optic Network (K-FON) project, envisaged to provide free internet access to the poor, would be rolled out by December this year.

Pinarayi Vijayan India hospital information economy Government

Delhi govt is four steps ahead of coronavirus, says CM Kejriwal

Delhi Chief Minister Arvind Kejriwal on Saturday said while the coronavirus cases are increasing, the government is four steps ahead of coronavirus in terms of preparations.

Arvind Kejriwal city Delhi hospital Government patient Coronavirus

Merkel won't attend G7 summit in person if US goes ahead

BERLIN – Chancellor Angela Merkel will not personally attend a meeting in the U.S. with the leaders of the world’s major economies if President Donald Trump goes ahead with it, unless the course of the coronavirus spread changes by then, her office said Saturday.

Donald Trump Angela Merkel Usa city Berlin county Summit president pandemic economy Coronavirus

Harry Princeharry - Meghan Markle - Royal Family - prince Harry - Taylor Swift - Meghan Markle and Prince Harry 'could have country life in paparazzi free Nashville' - dailystar.co.uk - city New York - state California - state Tennessee - Los Angeles, state California - city Nashville, state Tennessee

Meghan Markle and Prince Harry 'could have country life in paparazzi free Nashville'

Meghan Markle and Prince Harry could have the privacy and "country life" they crave away from the paparazzi in Nashville, Tennessee, according to a royal commentator.

Harry Princeharry Meghan Markle Royal Family prince Harry Taylor Swift city New York state California state Tennessee Los Angeles, state California city Nashville, state Tennessee

Google Meet Premium now free for schools till September 30

Google Meet has crossed 50 million downloads on Play Store, a massive 900 per cent increase in user base in a span of few weeks as people work from home in the Covid-19 pandemic

India covid-19 pandemic information

Center City shop owner joins "Comfort Project" benefiting frontline workers and helping small businesses

FOX 29's Jennifer Joyce has the story.

Jennifer Joyce city Center hospital covid-19 pandemic information

Crews respond to fire at Oviedo apartment complex

SEMINOLE COUNTY, Fla. – Witnesses sent News 6 photos on Friday of a fire in Oviedo.

state Florida county Seminole information

Center City shop owner joins "Comfort Project" benefiting frontline workers, helping small businesses

FOX 29's Jennifer Joyce has the story.

Jennifer Joyce city Center hospital covid-19 pandemic information

Weather Authority: Pleasant Saturday with warm temps ahead

FOX 29's Scott Williams has the forecast.

Scott Williams

Saskatoon restaurants want free patio space to serve customers, but it’s not an easy get

As Saskatoon restaurants get ready to reopen in phase 3 on June 8, there are concerns that 50-per cent capacity is not enough to pay the bills amid the COVID-19 pandemic.

covid-19 pandemic bill

Saskatoon restaurants want free patio space to serve customers, but it’s not an easy get

As Saskatoon restaurants get ready to reopen in phase 3 on June 8, there are concerns that 50-per cent capacity is not enough to pay the bills amid the COVID-19 pandemic.

covid-19 coronavirus news novel coronavirus Coronavirus

Free face masks available to Albertans at some fast food drive thru windows

The Alberta government plans to distribute 20 million non-medical masks for free at hundreds of McDonald’s, A&W and Tim Hortons drive-thrus. Vinesh Pratap has more.

Tim Hortons Government mask

Simon Cowell does 150 push-ups every morning to keep fit after four stone weight loss

Simon Cowell says the secret to his buff new body is 150 push-ups a day. The music mogul, 60, has shed 4st in a year.

Simon Cowell hospital recommendations doctor

Superdrug launch buy one get one free offer on all cosmetics - but not for long

Beauty lovers, rejoice! Superdrug has unveiled a brand new 'Buy One Get One Free' deal across all cosmetics - and it's available now.

pandemic Coronavirus

For 4th day in a row, Canada adds fewer than 1,000 new coronavirus cases

Canada’s daily coronavirus case count remained under 1,000 for the fourth consecutive day.

Canada covid-19 coronavirus canada Canada Coronavirus Coronavirus

Group seeking volunteers in Calgary and area to help make scrub bags for health-care workers

Like many people, Nicole Proseilo found herself out of work at the onset of the COVID-19 pandemic.

covid-19 Coronavirus

64-year-old latest Hamilton coronavirus death, city says components for increased testing in place

Hamilton, Ont., reported another death connected to the COVID-19 pandemic on Friday.

county Garden county Alexander city Aberdeen covid-19 coronavirus news Hamilton Coronavirus old

Coronavirus: Small businesses working to reopen doors to Nova Scotians with safety in mind

This week the provincial government gave the majority of businesses ordered to close when the pandemic first hit Nova Scotia the green light to reopen on June 5, if they’re comfortable doing so.

Nova Scotians covid-19 coronavirus news covid-19 news Coronavirus

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

Hurt by demand freeze, small auto component suppliers fear closure

Related News