Page 137 - Latest Updates on Lockdown
Covid-19 impact: Oyo sends letter granting ESOPs to all employees
The move comes as Oyo decided to lay off a large number of its employees in the US last week but reward them with stock options
 "Covid-19 impact: Oyo sends letter granting ESOPs to all employees")
NEET 2020, JEE Mains 2020 latest updates: HRD Panel postpones exams to Sept
Union HRD Minister Ramesh Pokhriyal 'Nishank' said a panel has been asked to decide the feasibility of conducting NEET 2020 and JEE Mains 2020
 "NEET 2020, JEE Mains 2020 latest updates: HRD Panel postpones exams to Sept")
UK allows quarantine-free travel to nearly 50 countries; India, US excluded
Those arriving from higher risk countries will still have to self-quarantine for 14 days under a rule which has angered airlines and travel companies.
 "UK allows quarantine-free travel to nearly 50 countries; India, US excluded")
Uber shuts Mumbai office as part of restructuring; services to continue
When contacted, an Uber spokesperson said, 'Uber continues to provide a high level of service to all its riders in Mumbai'
 "Uber shuts Mumbai office as part of restructuring; services to continue")
Tata Steel Dutch employees safe from job losses, says Labour Union
There are about 9,000 workers at Ijmuiden. FNV said an agreement has also been reached on the company structure.
 "Tata Steel Dutch employees safe from job losses, says Labour Union")
Railtel gives a fillip to Railways' digital drive amid Covid-19 pandemic
While the initiative of e-office got a push in the last three months, the usage of the commercial bandwidth of Railtel increased 1.5 times and retail bandwidth by 2.25 times during this period.
 "Railtel gives a fillip to Railways' digital drive amid Covid-19 pandemic")
2,520 fresh Covid-19 cases take Delhi's count past 94,000; deaths at 2,923
On June 23, the national capital had reported its highest single-day spike so far of 3,947 case
 "2,520 fresh Covid-19 cases take Delhi's count past 94,000; deaths at 2,923")
Hammered by Covid-19 pandemic, Air France announces 7,500 job cuts
Activists from multiple unions protested at Air France headquarters at Paris' Charles de Gaulle Airport as talks began Friday
 "Hammered by Covid-19 pandemic, Air France announces 7,500 job cuts")
Eight days in a Covid hospital
By definition a quarantined Covid unit is a bubble-like entity, with little link to the outside world
Covid-19: Rajasthan distributes maximum free grain to returning migrants
Other big migrant population states, Uttar Pradesh, Bihar, Odisha and Jharkhand fare poorly
 "Covid-19: Rajasthan distributes maximum free grain to returning migrants")
Covid-19 impact: Direct tax refunds down 16% to Rs 64,428 crore in Q1
Corporation tax refunds stood at Rs 40,482 crore, while income tax refunds stood at Rs 23,828 crore in Q1FY21.
 "Covid-19 impact: Direct tax refunds down 16% to Rs 64,428 crore in Q1")
June services activity shrinks for fourth month in a row; PMI at 33.7
Services sector remains in deep downturn as job losses continue
 "June services activity shrinks for fourth month in a row; PMI at 33.7")
Gaming portals to the rescue of pandemic-hit rummy and bridge players
The big rollers who put down serious money have reduced their action. Free online games - like Ludo - have gained more from the lockdown.
 "Gaming portals to the rescue of pandemic-hit rummy and bridge players")
Recovery in crucial urban market will take longer: Havells India CMD
Anil Rai Gupta says how managing costs, shedding bureaucratic shackles, and improving productivity at every level will be crucial to weathering a storm
 "Recovery in crucial urban market will take longer: Havells India CMD")
Borrowings by states double to Rs 1.7 trn in Q1FY21 over Covid-19: Icra
"Icra estimates the net SDL (state development loans) issuance in Q1 FY2021 to have expanded by a sharp 135.6 per cent to Rs 1.4 trillion from Rs 0.6 trillion in Q1 FY2020," it said
 "Borrowings by states double to Rs 1.7 trn in Q1FY21 over Covid-19: Icra")
The cook, war and peace
My wife was the first to volunteer, causing collective anxiety in the family
Needed: Cure for lockdown woes
Sunil Mishra runs a pavement stall selling readymade garments in Delhi's bustling Karol Bagh. He migrated here from Bihar's Madhubani district in 1987
Gold imports fall over 98% at $79.14 mn during Apr-May as Covid-19 bites
Imports of the yellow metal stood at $8.75 billion in the corresponding period of 2019-20.
 "Gold imports fall over 98% at $79.14 mn during Apr-May as Covid-19 bites")
Motorcycle segment to outperform other auto verticals amid Covid-19: Fitch
'While we forecast that India's motorcycle sales will contract by 23.7 per cent year-on-year in 2020-21, we expect motorcycle production to contract by just 16 per cent year on year," it said
 "Motorcycle segment to outperform other auto verticals amid Covid-19: Fitch")
Single-day spike of 20,903 Covid-19 cases in India, tally at 6,25,544
The country recorded 20,903 coronavirus infections in the last 24 hours till Friday 8 am
 "Single-day spike of 20,903 Covid-19 cases in India, tally at 6,25,544")