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Indian Railway is going to start Kisan Rail service from 7 August; American President Donald Trump has signed special orders to ban the popular Chinese app, TikTok and WeChat in the US; Chinese Smartphone Maker, Vivo has decided to part with two more Title Sponsors after being excluded from IPL 2020 Title Sponsorship; For the first time since the Financial Crisis of 2008, the Reserve Bank of India announced on August 6 that it would bring loan restructuring facilities from companies to the general public; Mindspace Business Park REIT shares begin trading today; Kia Sonet, the much-awaited car of Kia Motors, has been launched in India today; According to the pharmaceutical company lupine, its Consolidated net profit declined by 64.72% to Rs 106.90 crore during the June 2020 Quarter due to Coronavirus epidemic; Global brokerage firm UBS has downgraded Reliance Industries' rating.

Chiness Smartphone Maker Vivo decided to part ways with two more Title Sponsors after being excluded from IPL 2020 Title sponsorship of pro Kabbadi League and Television show Boss. Vivo was paying 60 Crores every year for Pro Kabaddi League and Rs 30 Crores for every Season for the television show Bigg Boss...
Due to the India and Chine tension, the company's manageme not has decided that it will not spend much on branding and promotion this year. The company 's focus will be on selling the product through Retail Discount. Until the situation becomes normal between the two countrias, the company is thinking of moving ahead with this strategy.
The reserve bank is constantly trying to help people in this biggest Crisis that has come in the last 100 year. This loan restructuring scheme will put the Government's Insolvency & bankruptcy code on hold for some time. some businesses such as hotels, airlines and even factories have either shut down or are producing far less then their capacity . The reason for causing is to follow social distancing to maintain health and also to have less Demand , which is causing a lot of jobs this can harm the bisiness in the long run. Reserve bank Governor Shaktikanta das , referring of this, has decided to give the facility of loan restructuring.
KIa Sonet, the much awaited car of Kia Motors, has been launched in india today. This will be the Letest car from KIA in india , The company has launched it under the sub 4 meter i.e.SUV space less then 4 meters long. kia has so far launched two cars in india. The kia sonet will be the company's third model in the indian market after the kia seltos and kia carnival. This car has been biscussed for a long time. The car can give a tough competition to other brands in this segment.
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