The decision to scrap the deal was conveyed last week, ending year-long negotiations between Tata Group and Petronas

More than production, the COVID-19 lockdown has impacted the movement of the cement outside the plant, said Rajnish Kapur, COO at JK Cement on Monday.

Several banks, including State Bank of India (SBI), have been imposing excessive charges on certain services provided to poor persons having zerobalance or Basic Savings Bank Deposit Accounts (BSBDA), a study by the IITBombay has revealed. The study observed that the SBI's decision to levy a charge of Rs 17.70 for every debit transaction beyond four by the BSBDA account holders cannot be considered as "reasonable." It highlighted that the imposition of service charges resulted in undue collections to the tune of over Rs 300 crore from among nearly 12 crore Basic Savings Bank Deposit Account (BSBDA) holders of SBI during the period 201520.

In the first wave of the coronavirus pandemic, India saw an unprecedented impact on migrant labour and overall jobs. As the fear of another lockdown haunts the second wave surge, CNBC-TV18 tries to assess its impact on jobs with N Ravi Vishwanath, Group CFO at Quess Corp, and Rituparna Chakraborty, Co-founder & Executive VP at Teamlease.