Page 179 - Latest Updates on Lockdown
Saving viable cos more important than liquidating unviable ones: IBBI chief
MS Sahoo backed the decision to bring in the IBC amendment ordinance to suspend triggering of corporate insolvency resolutions against cos for any default for at least six months, starting March 25
 "Saving viable cos more important than liquidating unviable ones: IBBI chief")
Policies should be set keeping in mind everyone is in trouble, says Gadkari
By removing the export turnover, these units will export more and the country will benefit. This will also boost employment, Nitin Gadkari said
 "Policies should be set keeping in mind everyone is in trouble, says Gadkari")
Eating out in Covid times: Glass walls, disposable crockery, hygiene champ
Crosses and circles would be drawn outside Peter Cat so that guests could maintain social distancing while waiting to be seated
 "Eating out in Covid times: Glass walls, disposable crockery, hygiene champ")
Covid-19: Hotels ready with new 5-star drill as govt eases lockdown curbs
Many changes have been made for the safety of guests and staff including temporary closure of spas, bars, gyms, and swimming pools
 "Covid-19: Hotels ready with new 5-star drill as govt eases lockdown curbs")
Covid-19 crisis: Emirates, Etihad extend 50% salary cuts till September
The basic salary reduction, which took effect on April 1, will be applied to all employees at grade 4 and above, the airline said
 "Covid-19 crisis: Emirates, Etihad extend 50% salary cuts till September")
NTPC, Power Grid charged up with demand picking up, decent valuations
Rebound in power demand, reducing concerns over receivables, and decent valuations among multiple headwinds
 "NTPC, Power Grid charged up with demand picking up, decent valuations")
We should see relief rally sustain, though with interruptions: S Mukherjea
'India accounts for a mere $3 trillion of economic activity in a world with nearly $80 trillion of activity'
 "We should see relief rally sustain, though with interruptions: S Mukherjea")
We can bring in huge benefits for Indian farmers, says Flipkart CEO
Krishnamurthy said the biggest learning for the company during the pandemic has been to collaborate with the ecosystem and quickly adapt to the changing situations
 "We can bring in huge benefits for Indian farmers, says Flipkart CEO")
AstraZeneca reaches out to rival Gilead with a merger proposal: Report
The UK-based firm informally contacted Gilead last month to gauge its interest in a possible tie-up
 "AstraZeneca reaches out to rival Gilead with a merger proposal: Report")
Firms rush to register as MSMEs, but most may not get loans: Officials
The government had last month announced loans worth Rs 3 trillion for an estimated 4.5 million MSMEs that are facing a liquidity crunch since last year
 "Firms rush to register as MSMEs, but most may not get loans: Officials")
Domestic fund managers up stake in beaten-down stocks, shows data
According to the shareholding data sourced from Capitaline, MFs have raised stake in 233 companies that saw such steep corrections during the March quarter
 "Domestic fund managers up stake in beaten-down stocks, shows data")
NCLT needs clear set of protocols to flatten bankruptcy curve, say experts
Debt restructuring schemes under company law, and introduction of Code-based pre-packs are worth exploring, say experts
 "NCLT needs clear set of protocols to flatten bankruptcy curve, say experts")
BJP picks Adesh Kumar Gupta to regain traditional voters, uniting the party
Even for the most optimistic supporters, Gupta, 50, former mayor of North Delhi Municipal Corporation and sitting councillor, cannot promise a miracle
 "BJP picks Adesh Kumar Gupta to regain traditional voters, uniting the party")
Malls to re-open on Monday with contactless shopping, social distancing
The managements of the malls and shopping complexes have issued detailed guidelines to shop, office and restaurant owners to keep the infection at bay
 "Malls to re-open on Monday with contactless shopping, social distancing")
HDFC Bank adds 250,000 customers via instant account opening in lockdown
Banks were classified as an "essential service" and allowed to be open, but the lockdown meant fewer customer footfalls, making the online alternative helpful to open new deposit accounts
 "HDFC Bank adds 250,000 customers via instant account opening in lockdown")
Unlock 1.0: UP targets to create 10 mn jobs for migrants, says Chief Secy
Adityanath issued directives to speed up big-ticket projects, including expressways, roads, canals, medical colleges, universities etc to employ migrants and other workers
 "Unlock 1.0: UP targets to create 10 mn jobs for migrants, says Chief Secy")
In pics: Here is a list of what will open from June 8 and dos and don'ts
Religious places of worship for public, hotels, restaurants, shopping malls and other hospitality services will be opened from June 8
 "In pics: Here is a list of what will open from June 8 and dos and don'ts")
World Coronavirus Dispatch: Is Brazil trying to hide the true toll numbers?
Meanwhile, India enters the list of top 5 infected nations; European airlines set to resume operations
 "World Coronavirus Dispatch: Is Brazil trying to hide the true toll numbers?")
India coronavirus dispatch: How Covid spreads from a contaminated surface
From five lessons India should learn from the crisis, to state of sport post-Covid, read these and more in today's India dispatch
 "India coronavirus dispatch: How Covid spreads from a contaminated surface")
'Please protect yourself & others': Lockdown pictures that tell a story
The total number of confirmed coronavirus cases in India rose to 2,36,657 with a record single-day spike of 9,887 cases in 24 hours
 "'Please protect yourself & others': Lockdown pictures that tell a story")