 "The first package announced by Finance Minister Nirmala Sitharaman was around 0.8% of GDP, much smaller compared to most other G-20 nations")
The Centre may provide incentives to companies to maintain their labour force in its next stimulus package. Meanwhile, auto industry trade body has told government that sales of cars and trucks could decline by 45 per cent. Here are the top ten business headlines that made news on Monday morning:
Rahul Bhatia-owned InterGlobe Enterprises eyes failed Virgin Australia
InterGlobe Enterprises has shown interest in Australian aviation company Virgin Australia after it entered bankruptcy administration two weeks ago as lawmakers refused financial aid. Read more here
Bad bank may start with Rs 60K-crore NPAs; govt may put in
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