Indian government announced opening up of many sectors during May.

Indian currency gained nearly 0.5 percent against USD as the country eased lockdowns due to COVID-19 pandemic.

Indian stock markets opened strong on Monday and majority of sectors have witnessed strong buying during the trading session.

Occupancies across hotels in key cities witnessed a sharp decline, as travel restrictions intensified and India continued the lockdown.

Bharti Telcom, the promoter group company of telecom major Bharti Airtel will sell 2.75% stake in the company to raise USD 1 billion.

ITC has signed a share purchase agreement with Sunrise Foods Private Limited to acquire the spices company with strong presence in Eastern India.