Page 174 - Latest Updates on Lockdown
Buyout offers coming, but we're well-capitalised: Grofers CEO Dhindsa
E-grocery is a very different business, compared to e-commerce and food delivery, he says
 "Buyout offers coming, but we're well-capitalised: Grofers CEO Dhindsa")
Explained: How Covid-19 pandemic upended 20 million lives in Mumbai
Although the coronavirus pandemic's toll has been much lower, there are grim parallels
 "Explained: How Covid-19 pandemic upended 20 million lives in Mumbai")
Worst year for aviation, global airlines to lose $84 bn in 2020: IATA
A sharp fall in demand and revenue has forced airlines to slash costs and governments are stepping in to infuse funds and keep airlines afloat
 "Worst year for aviation, global airlines to lose $84 bn in 2020: IATA")
Challenge for us is supply chain rather than demand: Maruti's R C Bhargava
Bhargava said Maruti was only an assembler of cars and depended on each of the 370-380 vendors and tier 2 and tier 3 suppliers to provide components
 "Challenge for us is supply chain rather than demand: Maruti's R C Bhargava")
Delhi govt's alarm bell: 550,000 Covid cases by July-end, says Deputy CM
Estimate about 20 times more than current number
 "Delhi govt's alarm bell: 550,000 Covid cases by July-end, says Deputy CM")
Coronavirus may have been spreading in Wuhan in August: Harvard study
The research, which has not been peer-reviewed by other scientists, used satellite imagery of hospital parking lots in Wuhan - where the disease was first identified in late 2019
 "Coronavirus may have been spreading in Wuhan in August: Harvard study")
Kejriwal tests negative for coronavirus; Jyotiraditya Scindia positive
The BJP leader's mother Madhavi Raje Scindia has also tested positive
 "Kejriwal tests negative for coronavirus; Jyotiraditya Scindia positive")
Cathay Pacific unveils $5-bn bailout plan amid coronavirus pandemic
Cathay Pacific proposed the bailout as it struggles to survive the near collapse of regional travel due to the pandemic
 "Cathay Pacific unveils $5-bn bailout plan amid coronavirus pandemic")
ICMR sero-survey: Initial reports hint at widespread Covid-19 infection
Some reports suggested that about one-third of the country's population may have already been infected with the novel coronavirus
 "ICMR sero-survey: Initial reports hint at widespread Covid-19 infection")
Slowdown blues: Post-lockdown, consumer confidence remains low
A grim economic outlook amid an ever-growing spread of the Covid-19 pandemic has turned consumers jittery
 "Slowdown blues: Post-lockdown, consumer confidence remains low")
Hero MotoCorp Q4 PAT falls 26% to Rs 613 cr, revenue at 6,333.8 cr
For the fiscal year ended March 31, the company posted a consolidated PAT of Rs 3,641.12 crore as compared with Rs 3,451.37 crore in the previous fiscal
 "Hero MotoCorp Q4 PAT falls 26% to Rs 613 cr, revenue at 6,333.8 cr")
Covid-19 crisis: Maruti Suzuki production fell by 98% in May to 3,714 units
Maruti had first resumed production at its Manesar plant in Haryana on May 12 after closing down production for about 40 days
 "Covid-19 crisis: Maruti Suzuki production fell by 98% in May to 3,714 units")
Covid-19: Securitisation volumes to shrink 30-40% this fiscal, says Icra
According to ICRA, the total volumes are expected to be Rs 1.2-1.4 trillion in FY21, as against Rs 2 trillion in the last fiscal year
 "Covid-19: Securitisation volumes to shrink 30-40% this fiscal, says Icra")
India's gold imports fall 99% for a second month on Covid-19 lockdown
Inbound shipments fell to 1.3 tonnes last month from 105.8 tonnes a year earlier, according to a person familiar with the data
 "India's gold imports fall 99% for a second month on Covid-19 lockdown")
Covid-19 impact: Airlines expected to lose $84.3 bn in 2020, says IATA
Even as the number of coronavirus cases continue to rise globally, various countries have restarted domestic and international air travel, albeit with precautions
Delhi sitting on a time bomb? 550,000 cases by July-end, says Sisodia
Delhi Chief Minister Arvind Kejriwal has tested negative for Covid-19, an official said on Tuesday
 "Delhi sitting on a time bomb? 550,000 cases by July-end, says Sisodia")
Covid-19 impact: Maruti Suzuki cut production by 98% in the month of May
The company had produced a total of 1,51,188 units in the same month last year
 "Covid-19 impact: Maruti Suzuki cut production by 98% in the month of May")
Covid-19: ICC approves new rules, bans use of saliva to shine ball
In the five new regulations, recommended by the Anil Kumble-chaired Cricket Committee, and ratified by the Chief Executives Committee (CEC), the teams will also be allowed an additional DRS
 "Covid-19: ICC approves new rules, bans use of saliva to shine ball")
Over half of India Inc's Covid-19 spends went to PM-CARES Fund: Crisil
Concerns about transparency have been expressed about the PM-CARES Fund
 "Over half of India Inc's Covid-19 spends went to PM-CARES Fund: Crisil")
Bring in second new ball in Tests after 55 overs: Sachin after saliva ban
In Test cricket, suddenly if the surfaces are not good, the standard of playing drops down, Tendulkar said
 "Bring in second new ball in Tests after 55 overs: Sachin after saliva ban")