Page 122 - Latest Updates on Lockdown
Tesla tries to assure workers there's no Covid outbreak at its facilities
In an email to workers Wednesday night, the company said that since January it has had fewer than 10 cases of the virus that causes Covid-19 that were transmitted in the workplace
 "Tesla tries to assure workers there's no Covid outbreak at its facilities")
Best of BS Opinion: A military set free, search for Covid-19 vaccine & more
Here's a selection of Business Standard Opinion pieces for the day
 "Best of BS Opinion: A military set free, search for Covid-19 vaccine & more")
Is the worst over for IT? Q1 earnings of firms send out growth feelers
Pandemic impact bottomed out in Q1, second half likely to see better growth
 "Is the worst over for IT? Q1 earnings of firms send out growth feelers")
Netflix adds 10.09 million subscribers in Q2, forecasts weak growth in Q3
The streaming giant also said it has appointed Chief Content Officer Ted Sarandos as co-chief executive officer
 "Netflix adds 10.09 million subscribers in Q2, forecasts weak growth in Q3")
IT industry headed for Uberisation of workforce: Capgemini India CEO
Capgemini India's Chief Executive Officer Ashwin Yardi talks to Bibhu Ranjan Mishra and Sai Ishwar about the impact of Covid-19 on business
 "IT industry headed for Uberisation of workforce: Capgemini India CEO")
India to resume limited overseas flights to US today, other nations soon
Indian private carriers will also be given an opportunity to fly on such long-haul routes, provided they operate wide-body aircraft for such flights
 "India to resume limited overseas flights to US today, other nations soon")
India's Covid-19 surge: One to almost 1 million cases in less than 6 months
Southern states, where the growth was relatively slow, have increased their tally in a big way recently.
 "India's Covid-19 surge: One to almost 1 million cases in less than 6 months")
Covid-19: Vaccine firms give Moderna a shrug, say no rush on tie-ups
Most players that Business Standard spoke to said they would be concentrating on their own vaccine candidates or the current tie-ups that they have
 "Covid-19: Vaccine firms give Moderna a shrug, say no rush on tie-ups")
Metal producers look to repair dents after taking Covid-19 pandemic hit
The third of the five-part series looks at pick-up in metal sector demand & prices
 "Metal producers look to repair dents after taking Covid-19 pandemic hit")
India bats for inking limited trade deal with US during trade meet
Goyal raises totalisation issue during talks with Ross, also expresses concern over Indian exports being barred due to child labour issues
 "India bats for inking limited trade deal with US during trade meet")
Bank of America profit more than halves in Q2 as heavy loan losses loom
The fall in revenue and profit was broadly in line with other Main Street peers that have suffered from the need to brace for a deep recession
 "Bank of America profit more than halves in Q2 as heavy loan losses loom")
Wipro charters flights to bring back hundreds of staff, kin from US
The company is undertaking similar steps for its employees in the UK and Australia
 "Wipro charters flights to bring back hundreds of staff, kin from US")
Stressed assets
PSBs will need capital to finance economic revival
 "Stressed assets")
Post-Covid transport recast
Consumer interest must be protected if travel maps are redrawn
 "Post-Covid transport recast")
Morgan Stanley posts record profit on trading boom amid Covid-19 crisis
Trading powerhouses Morgan Stanley and Goldman Sachs performed better than Main Street rivals JPMorgan Chase, Bank of America and Citigroup
 "Morgan Stanley posts record profit on trading boom amid Covid-19 crisis")
Over 687,000 stranded Indians returned home under Vande Bharat mission: MEA
The fourth phase of the Vande Bharat mission, which is currently underway, has been augmented with the addition of around 120 flights between July 15-31
 "Over 687,000 stranded Indians returned home under Vande Bharat mission: MEA")
Oxford University Covid-19 vaccine raises hopes with strong trial results
Blood samples taken from a group of UK volunteers given a dose of the vaccine showed that it stimulated the body to produce both antibodies and killer T-cells
 "Oxford University Covid-19 vaccine raises hopes with strong trial results")
Bandhan Bank's pre-tax profit drops 40% in Q1 on higher provisioning
Pre-tax profit of the bank in Q1FY21 stood at Rs 735 crore
 "Bandhan Bank's pre-tax profit drops 40% in Q1 on higher provisioning")
Families struggle to import life-saving drugs as lockdown hits grey market
With no new stock coming in, both patients and grey market vendors started running out of vigabatrin
 "Families struggle to import life-saving drugs as lockdown hits grey market")
Moderna's coronavirus vaccine tested in humans shows early promise
First coronavirus vaccine to be tested in humans uses genetic material from a virus, called mRNA, to prompt the immune system to fight the disease
 "Moderna's coronavirus vaccine tested in humans shows early promise")