Page 224 - Latest Updates on Lockdown
Limited Flipkart sales in India hit our growth: Walmart CEO Doug McMillon
Closure of stores, warehouses contributed to volatility in first quarter: McMillon
 "Limited Flipkart sales in India hit our growth: Walmart CEO Doug McMillon")
Power reforms won't electrify the sector
At best, the scheme can be viewed as a one-time measure, while the larger problem of insolvency of discoms remains
Fiscal math of the imponderables
Growth holds the key to the government's fiscal deficit slippage
 "Fiscal math of the imponderables")
Make reforms work
Govt has to find a way to remove the stumbling blocks
 "Make reforms work")
WhatsApp sharpens business pitch with efficient bouquet of services
With big brands testing out their business interface, the social messaging app seeks leverage for the vast cache of conversations on its platform
 "WhatsApp sharpens business pitch with efficient bouquet of services")
Covid-19 Factoid: India's case count doubled to 100,000 in just 12 days
The country had taken 96 days to reach the 50,000 mark; in another worrying sign, the death toll in India is doubling at a faster pace than in the 10 most affected nations
 "Covid-19 Factoid: India's case count doubled to 100,000 in just 12 days")
Letter to BS: There is a need to continuously assess Covid-19 situation
It took India 64 days to reach from 100 cases to one lakh as against 35 days by Germany or 25 days by the US
 "Letter to BS: There is a need to continuously assess Covid-19 situation")
L&T Infotech's consolidated net profit rises 13% YoY to Rs 427.5 cr in Q4
Revenue of the Mumbai-headquartered IT services firm rose 21.2 per cent year-on-year to Rs 3,011.9 crore during this period.
 "L&T Infotech's consolidated net profit rises 13% YoY to Rs 427.5 cr in Q4")
Letter to BS: Govt can still make corrections in Covid relief to save lives
The government is probably apprehensive that support to rural labour may induce the disenchanted workers to delay returning to cities for their livelihoods
 "Letter to BS: Govt can still make corrections in Covid relief to save lives")
Letter to BS: Migrant workers could have been provided with food, shelter
For the last seven weeks, millions of migrant labourers, including pregnant women and mothers carrying small children, have been trudging to their homes
 "Letter to BS: Migrant workers could have been provided with food, shelter")
Covid-19: Govt's Rs 20-trn rescue package proves to be a damp squib
The reason for discontentment is that the actual fiscal outlay is only a fraction of the amount
Tragic choices in health care during Covid
We strongly disagree with the ordering of the rationing priorities, with maximisation of lives saved or maximum life-years saved at the top, as it involves favouring the young over the old
Will keep leading virus response after Trump's threat, says WHO chief
Even as Trump has proposed quitting the WHO, the body has received backing and a two-year pledge of $2 billion in funds from China's President Xi Jinping
 "Will keep leading virus response after Trump's threat, says WHO chief")
Centre issues new guidelines for transportation of migrants between states
While issuing the revised SOP, Union Home Secretary Ajay Bhalla said for running 'Shramik' special trains, permission will be given by the Ministry of Railways in consultation with the MHA
As millions of migrants return, will it be a boon or bane for home states?
Govts looking to turn labourers' return into an opportunity, but might have to rely on rural job guarantee scheme in near term
Reality of realty post-Covid-19: Here're factors that may impact growth
With the Covid crisis continuing to wreak havoc in the market, its short-term impact in the coming 6-12 months is likely to be quite a dampener for the recovery of the real estate sector
 "Reality of realty post-Covid-19: Here're factors that may impact growth")
200 non-AC passenger trains to run daily from June 1; online bookings soon
These trains will have non-air conditioned second class coaches and will run daily
 "200 non-AC passenger trains to run daily from June 1; online bookings soon")
Nestle India's business loss could be more than 30%, says MD Narayanan
Prime Minister Narendra Modi's call for swadeshi was misinterpreted by some. We are here for 108 years. We have 7,200 Indian employees. We work with over 100,000 Indian farmers, says Nestle India CMD
 "Nestle India's business loss could be more than 30%, says MD Narayanan")
Bharti Airtel to go slow on capex in Q1FY21 amid Covid-19 crisis, Q4 loss
Bharti Airtel reported a consolidated net loss of Rs 5,237 crore in Q4FY20 against a net profit of Rs 107.2 crore in the corresponding quarter last year.
 "Bharti Airtel to go slow on capex in Q1FY21 amid Covid-19 crisis, Q4 loss")
India's account surplus to touch $20 bn in FY21 due to Covid-19: Barclays
The country has been perennially struggling with huge current account deficits.
 "India's account surplus to touch $20 bn in FY21 due to Covid-19: Barclays")