COVID-19 cases, work should be suspended for few days to break this cycle of transmission of disease. We are just seeking temporary suspension of work for few days," Bajaj Auto Workers' Union President Thengade Bajirao told PTI when contacted over the matter.A mail sent to Bajaj Auto regarding the issue remained unanswered.The workers' union, which has around 3,000 members at the Waluj plant, said they have already spoken to the management and have even offered to put in extra hours to compensate for the production loss during the closure."There are already over 400 positive cases and seven deaths have also taken place.
₹900 crore as provisions for covid-19, leading to a 19.4%% year-on-year (y-o-y) decline in consolidated net profit at ₹948.1 crore.“Assets under management (AUM) under moratorium have reduced from 27% as of 30 April 2020 to approximately 15.5% as of 30 June 2020," it said.The lender also said on Monday that that new loans booked in the first three months of FY21 declined 77% on a year-on-year (y-o-y) basis to 1.7 million. While the company is yet to declare its June quarter results, it said that assets under management (AUM) stood at approximately ₹1.38 trillion as on 30 June 2020 as compared to ₹1.28 trillion as on 30 June 2019.
LOS ANGELES: Ventures backed by big-name entertainers Kanye West and Francis Ford Coppola were among those approved for loans under a U.S. government program to help businesses survive the coronavirus pandemic, according to a list released on Monday.Billionaire rapper West's clothing brand Yeezy received clearance for a loan of between $2 million and $5 million under the Paycheck Protection Program, the U.S.
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