Covid may not have serious impact: Rajkiran Rai, Union Bank CEO

This time the disruption is short. We started opening up in June, so April and May should not matter to business, but it depends on how long it takes to come back. If businesses take three months, it will have an impact but if we can get back to normal in June-end or July, things can recover quickly.
Ravi Parthasarathy, ex-chief of IL&FS group, arrestedRavi Parthasarathy, the former chief executive and chairman of debt-ridden Infrastructure Leasing & Financial Services Ltd (IL&FS), has been arrested by the Chennai police in connection with a cheating and fraud case registered by its Economic Offences Wing (EOW).
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