Page 129 - Latest Updates on Lockdown
NBFCs, HFCs shed risky real estate loans to remain asset light
Though moratorium on loan repayment is available for developers till August this year, developers could struggle to repay money to lenders, say experts
 "NBFCs, HFCs shed risky real estate loans to remain asset light")
West Bengal Covid-19 update: Lockdown in Kolkata's 25 containment zones
West Bengal government has imposed lockdown with strict restrictions in 25 containment zones in Kolkata for seven days in the wake of rising Covid-19 cases.
 "West Bengal Covid-19 update: Lockdown in Kolkata's 25 containment zones")
Covid-19: No community transmission yet; 26,500 new cases in 24 hours
Recent spike in Covid-19 cases has halted the revival in Surat's synthetic textiles hub. With roughly 215 daily cases, business activity across the textile value chain has come to a near-standstill
 "Covid-19: No community transmission yet; 26,500 new cases in 24 hours")
Personal car, 2-wheeler preferred mode of transportation post Covid: Survey
The research shows that the pre-owned vehicle will see a good traction as 96 per cent of the respondents want to purchase used car
 "Personal car, 2-wheeler preferred mode of transportation post Covid: Survey")
India fuel demand extends recovery from 13-yr low as economic opens up
On a year-on-year basis, demand for diesel registered its fourth straight decline in June at 15.4%
 "India fuel demand extends recovery from 13-yr low as economic opens up")
Coronavirus LIVE: UP announces complete weekend lockdown till Monday
Coronavirus latest news: The US now has 3,120,388 Covid-19 cases and 134,229 deaths. Brazil has 1,683,738 cases, and India 771,866 cases, 21,174 deaths. Stay tuned for coronavirus LIVE updates
 "Coronavirus LIVE: UP announces complete weekend lockdown till Monday")
Deputy CM Sisodia invites retail, e-commerce players to invest in Delhi
Sisodia was addressing the 'Invest India Exclusive Investment Forum' via a webinar on Thursday, attended by leading retail and e-commerce players
 "Deputy CM Sisodia invites retail, e-commerce players to invest in Delhi")
Covid-19: UP govt imposes lockdown from Friday night to Monday morning
The decision was taken after reviewing the present state of Covid-19 and to effectively check its spread, the chief secretary said in the order
 "Covid-19: UP govt imposes lockdown from Friday night to Monday morning")
Spike in Covid-19 cases halts revival of Surat's synthetic textile industry
Business activity across value chain is at 5-10% of the pre-pandemic level
 "Spike in Covid-19 cases halts revival of Surat's synthetic textile industry")
Godrej Agrovet: Good prospects, but investors should look at stock on dips
Valuation, however, limits upside in the near term
 "Godrej Agrovet: Good prospects, but investors should look at stock on dips")
Spending 50% of capex target by September: An uphill task for PSUs
Union Finance Minister Nirmala Sitharaman had earlier this week asked public sector companies to undertake half their capex for the current year by September.
 "Spending 50% of capex target by September: An uphill task for PSUs")
DCGI asks manufacturers to prevent black-marketing of Covid-19 drugs
Rajesh Bhushan, the Officer on Special Duty, Union Health Ministry, told an online media briefing Thursday that it has been noticed that certain drugs are not available freely in the market
 "DCGI asks manufacturers to prevent black-marketing of Covid-19 drugs")
Covid-19 weighs on TCS numbers in Q1; net profit falls 13.8% to Rs 7,008 cr
IT major says pandemic impact may have bottomed out
 "Covid-19 weighs on TCS numbers in Q1; net profit falls 13.8% to Rs 7,008 cr")
Oil slips 2% as resurgent Covid-19 makes investors worry about US demand
Brent crude futures fell 85 cents, or 2 per cent, to $42.44 a barrel by 12:58 p.m
 "Oil slips 2% as resurgent Covid-19 makes investors worry about US demand")
GST compensation period: States likely to push for five-year extension
Set to seek higher borrowing limits as revenues dry up
 "GST compensation period: States likely to push for five-year extension")
ICMR plans pan-Indian survey to find out exposure of population to Covid-19
The final results of the sero-survey conducted by the ICMR in May, which focused on infections of mid-April is still under process
Unsure of hiring fresh graduates, IT companies venture off campus
The technology industry is one of the largest recruiters for fresh graduates in the country.
 "Unsure of hiring fresh graduates, IT companies venture off campus")
Govt plans to raise Rs 20,000 crore by selling stakes in CIL, IDBI Bank
In case of Coal India, if valuations are not attractive, company will buy back shares from the govt
 "Govt plans to raise Rs 20,000 crore by selling stakes in CIL, IDBI Bank")
Six-month report card: India's share in global Covid-19 deaths on the rise
Growth rates vary, but every country has struggled to contain the pandemic, shows an analysis of the numbers.
 "Six-month report card: India's share in global Covid-19 deaths on the rise")
As Asian deals disappear, India becomes unlikely hotspot for M&A
Thanks to investments in Jio, India accounts for more than 12 per cent of announced deals in the Asia Pacific region so far this year, the highest ratio since at least 1998.
 "As Asian deals disappear, India becomes unlikely hotspot for M&A")