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Top headlines: AirAsia ceases Japan operations, TCS m-cap, and more

Here are the top business headlines on Monday

airasia, flights, airlines, aviation
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AirAsia

BS Web Team New Delhi
AirAsia ceases Japan operations, says recovery 'extremely challenging'
AirAsia Group Bhd. will cease operations in Japan immediately as it tries to reduce cash burn amid the coronavirus outbreak that’s wiped out travel demand globally. AirAsia Japan has stopped operations as of Monday, Southeast Asia’s second-biggest budget carrier said in a statement. That will help the parent conserve cash. Further steps on the decision will be made in accordance with applicable laws and regulations including the Japan Civil Aeronautics Act, it said. Read more...
 
Loan moratorium case: SC grants Centre, RBI a week to file affidavits
The Supreme Court

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