Page 115 - Latest Updates on Lockdown
Emerging stronger from the Covid-19 crisis
Five changes can help India's large businesses position themselves for long-term success
Layoffs during pandemic shows India Inc's lack of empathy: Ratan Tata
Several Tata Group companies, including its airlines, hotels, financial services, and auto business, are severely hit, but have not laid off employees to date
 "Layoffs during pandemic shows India Inc's lack of empathy: Ratan Tata")
Railways to move towards QR code-enabled contactless ticketing: Official
Railway Board Chairman VK Yadav said while 85 per cent train tickets are currently being booked online, a QR code will also be available for those buying tickets from counters
 "Railways to move towards QR code-enabled contactless ticketing: Official")
Bank of Maharashtra reports 25% jump in Q1 profit on higher interest income
The lender had reported a profit after tax of Rs 81 crore in the year-ago same quarter and Rs 58 crore in the quarter ended March 31, 2020
 "Bank of Maharashtra reports 25% jump in Q1 profit on higher interest income")
Stimulus hopes set to lift Wall Street as labor market rebound slows
The number of Americans filing for unemployment benefits rose last week for the first time in nearly four months, a report from the Labor Department showed
 "Stimulus hopes set to lift Wall Street as labor market rebound slows")
No employee will lose job, says Air India, but cuts allowances by up to 50%
On Wednesday, Air India announced reduction in the allowances of its employees, who have a monthly gross salary of more than Rs 25,000, by up to 50 per cent
 "No employee will lose job, says Air India, but cuts allowances by up to 50%")
Religious tourism hit hard by cancellation of kanwar fair, char dham yatra
The cancellation of kanwar yatra has come as the last nail in the coffin for traders in Haridwar
 "Religious tourism hit hard by cancellation of kanwar fair, char dham yatra")
Shops shut, transport off roads as lockdown enforced in West Bengal
Life came to a near standstill across West Bengal on Thursday as the state was put under a complete lockdown to break the chain of rapidly rising Covid-19 cases
 "Shops shut, transport off roads as lockdown enforced in West Bengal")
Tamil Nadu cancels all UG and PG semester exams over coronavirus pandemic
In a statement, Palaniswami said a high level committee has said owing to Covid-19 pandemic exams cannot be held
 "Tamil Nadu cancels all UG and PG semester exams over coronavirus pandemic")
L&T gains nearly 2% after Q1 PBT plunges 66% YoY; brokerages remain bullish
L&T booked orders worth Rs 23,574 crore - a 39 per cent drop from the Rs 38,700 crore in Q1FY20.
 "L&T gains nearly 2% after Q1 PBT plunges 66% YoY; brokerages remain bullish")
Lockdown and uneven rainfall hits tea crop, prices firm up at auctions
The production in north India, comprising Assam and north Bengal, is down by 40 per cent from January to June as compared to the figures of 2019
 "Lockdown and uneven rainfall hits tea crop, prices firm up at auctions")
Covid-19: Lockdown in Bhopal to be imposed from July 24 to Aug 2, says govt
Madhya Pradesh Home Minister Narottam Mishra on Wednesday said that lockdown will be imposed in Bhopal from July 24 to August 2 in wake of the increasing COVID-19 cases in the city
Factories with on-site workers to be operational on Bengal lockdown days
All petrol pumps in West Bengal will remain operational on the three days when the state government has till now decided to impose complete lockdown to stem the spread of the coronavirus
 "Factories with on-site workers to be operational on Bengal lockdown days")
Direct tax refunds down 10% amid Covid-19 pandemic, says CBDT
Only withheld refunds where assessee reply is awaited, says CBDT
 "Direct tax refunds down 10% amid Covid-19 pandemic, says CBDT")
Delhi govt plans more sero-surveys; next to be conducted from August 1-5
The decision comes after the city government analysed the results of the latest sero-survey which showed that 23 per cent of the people here had exposure to the novel coronavirus.
 "Delhi govt plans more sero-surveys; next to be conducted from August 1-5")
Letter to BS: Pandemic has forced reforms in judicial system, other areas
When the average age of the judges is 50 plus, reluctance to pursue changes will surface
 "Letter to BS: Pandemic has forced reforms in judicial system, other areas")
From Lifebuoy to Horlicks, HUL's star brands boost sales growth in Q1
Thanks to in-home consumption and a focus on hygiene and health, HUL said these brands contributed significantly to growth within its essentials portfolio, which constitutes 80% of its business
 "From Lifebuoy to Horlicks, HUL's star brands boost sales growth in Q1")
Covid-19 impact: Govt extends WFH norms for IT, ITeS firms till year end
The decision will help ensure business continuity and employee safety, industry executives said.
 "Covid-19 impact: Govt extends WFH norms for IT, ITeS firms till year end")
Covid-19: Here's why N95 masks with respirators are not recommended
According to the latest notification by the government, there are higher chances of coronavirus spreading from asymptomatic people to uninfected persons through N95 masks which have respiratory valves
 "Covid-19: Here's why N95 masks with respirators are not recommended")
Coronavirus LIVE: Aim is to bring positivity rate below 5%, says govt
Coronavirus latest news: Total number of cases in India is now at 1,170,636. Maharashtra has 327,031 cases, Delhi 123,747, and Tamil Nadu 175,678. Stay tuned for coronavirus LIVE updates
 "Coronavirus LIVE: Aim is to bring positivity rate below 5%, says govt")