Page 200 - Latest Updates on Lockdown
Earnings drought
Corporate results would get a lot worse in the coming quarters
 "Earnings drought")
Letter to BS: It's right to ask pvt hospitals to share Covid treatment cost
At least, the private hospitals can waive consultation, laboratory and ward charges
 "Letter to BS: It's right to ask pvt hospitals to share Covid treatment cost")
Shramik special trains face heat over on-board deaths, food, water issues
The Supreme Court on Thursday said food and water should be provided to the passengers on Shramik Special trains by the Indian Railways
 "Shramik special trains face heat over on-board deaths, food, water issues")
Beyond financial numbers
The need to present investors with meaningful business commentary is greater during periods of extreme disruption like the one we are going through than when it's business as usual
 "Beyond financial numbers")
Unboxing the revenge shopper
This brand of customer is waiting with bated breath for the lockdown to ease so she can head out to the nearest luxury products store
Script goes wrong: Caught in a social media storm, Kent looks for cover
Despite an apology and withdrawal of an ad that was seen as insensitive and prejudiced, outrage and threats of boycott persist
 "Script goes wrong: Caught in a social media storm, Kent looks for cover")
Lockdown 4.0: Not looking for dole, need better policies, say Meerut MSMEs
The fourth of a five-part series looks at the situation in the industrial heartland of Western UP where firms prefer GST refunds, supportive policies over handouts
 "Lockdown 4.0: Not looking for dole, need better policies, say Meerut MSMEs")
BookMyShow lays off, furloughs 270 employees to cut costs amid low revenues
He said the company has tried to do it best to offer financial support, continued health insurance cover and outplacement support for those impacted by the downsizing exercise
 "BookMyShow lays off, furloughs 270 employees to cut costs amid low revenues")
Hopeful of V-shaped recovery for steel sector: CEO Vedanta Electrosteel
'Expectedly, steel enterprises like ours acquired from the sickbay have suffered major production setback since the outbreak of Covid-19'
 "Hopeful of V-shaped recovery for steel sector: CEO Vedanta Electrosteel")
Rising bankruptcies among global retailers to hurt Indian IT firms
Retail majors JC Penney, Neiman Marcus and Aldo Group collectively owe $8.7 million to TCS, say bankruptcy filings
 "Rising bankruptcies among global retailers to hurt Indian IT firms")
Flexibility helps RIL beat peers, achieve 90-100% capacity under lockdown
In comparison PSU refiners were able to achieve 60%; RIL's oil-to-chemical biz can shift quickly from fuel to chemicals, domestic to exports
 "Flexibility helps RIL beat peers, achieve 90-100% capacity under lockdown")
Realtors plan bigger houses to accommodate a 'home office' inside them
Social distancing, work-from-home spur realtors to increase share of 3-BHK apartments so that one room can be used as an office
 "Realtors plan bigger houses to accommodate a 'home office' inside them")
Covid-19 may push 86 mn children into household poverty by 2020-end: Report
The deadly virus has so far infected 5,695,290 people and claimed 355,692 lives globally, according to a tally by the Johns Hopkins University.
 "Covid-19 may push 86 mn children into household poverty by 2020-end: Report")
Kia Motors to invest extra $54 mn in Andhra Pradesh plant amid Covid-19
Kia had earlier said the company has a long-term commitment to the Indian market and invested $1.1 billion in the manufacturing plant at Anantapur
 "Kia Motors to invest extra $54 mn in Andhra Pradesh plant amid Covid-19")
Kolkata Airport resumes ops with 11 flights, serves about 3,000 flyers
Sources said usually Kolkata airport handles about 240 flights a day but owing to Covid-19 and the state govt's request, number of flights have been staggered
 "Kolkata Airport resumes ops with 11 flights, serves about 3,000 flyers")
India among Houseparty's top ten markets, won't monetise user data for ads
Houseparty began picking up in India and globally in the last three months since lockdowns in most parts of the world forced people to stay at home.
 "India among Houseparty's top ten markets, won't monetise user data for ads")
Karnataka bars travellers from 5 states, cites spike in Covid-19 cases
Domestic air travel resumed only on Monday after nearly two months of Covid-19 induced lockdown
 "Karnataka bars travellers from 5 states, cites spike in Covid-19 cases")
BJP's Sambit Patra admitted to hospital after showing Covid-19 symptoms
BJP leaders and many others posted their wishes for a speedy recovery of the articulate party spokesperson, who is one of the more widely followed Indian politicians on Twitter
 "BJP's Sambit Patra admitted to hospital after showing Covid-19 symptoms")
Nearly 2.3 mn in quarantine, Maharashtra has the highest: Govt estimates
Maharashtra has the highest number of people in quarantine facilities -- 602,000 -- followed by Gujarat, which has kept a total of 442,000 lakh people in quarantine centres
 "Nearly 2.3 mn in quarantine, Maharashtra has the highest: Govt estimates")
India's cement production to fall 25-30% in FY21 as Covid-19 saps demand
This is billed as the steepest fall for the industry in any year. Capacity utilisation in FY21 is seen at 40-45 per cent
 "India's cement production to fall 25-30% in FY21 as Covid-19 saps demand")