Page 259 - Latest Updates on Lockdown
Covid-19 outbreak: Metro operators lose Rs 700 crore amid lockdown
DMRC to have the largest chunk of revenue loss estimated at Rs 700 cr
 "Covid-19 outbreak: Metro operators lose Rs 700 crore amid lockdown")
Covid-19 outbreak: Zomato may now get liquor for you amid lockdown
Zomato has already diversified into grocery as the restrictions on movement shuttered some restaurants and people hesitated to order outside food
 "Covid-19 outbreak: Zomato may now get liquor for you amid lockdown")
Covid-19 impact: Karnataka to provide financial aid to migrant workers
Announces Rs 3,000 each for construction workers as part of a Rs 1,630 crore Covid-19 relief package
 "Covid-19 impact: Karnataka to provide financial aid to migrant workers")
Both clients & vendors have to think about adoption of WFH model: Infy COO
With relaxations in the nationwide lockdown induced by Covid-19, Infosys plans to adopt a staggered approach in getting back employees to office.
 "Both clients & vendors have to think about adoption of WFH model: Infy COO")
ITC shares fall 6% amid concerns on stake sale, possible tax hikes
Shares of Axis Bank also fell as much as 5.4 per cent, but recouped most of the losses to end just 0.2 per cent lower
 "ITC shares fall 6% amid concerns on stake sale, possible tax hikes")
Kick-start the economy with cash flow
Pay government dues and enable high-speed connectivity
 "Kick-start the economy with cash flow")
Debt investors feel the pinch after Franklin fiasco highlights risks
Existing investors need to scrutinise portfolios carefully, new ones should take expert help
 "Debt investors feel the pinch after Franklin fiasco highlights risks")
Insurance grace period may give rise to disputes
All policies expiring during the lockdown should be deemed extended for this period and one week thereafter
Microfinance institutions on a knife-edge with collections taking a big hit
With collections taking a big hit, microfinance institutions will be put through the wringer, reports Raghu Mohan
 "Microfinance institutions on a knife-edge with collections taking a big hit")
India to send nearly 1K tonnes of paracetamol raw material to Europe
The Indian government in March put a hold on exports of several drugs including paracetamol to secure supplies for its people after the Covid-19 outbreak disrupted the industry's supply chain globally
 "India to send nearly 1K tonnes of paracetamol raw material to Europe")
We help banks stay on the grid: Sarvatra Technologies' Mandar Agashe
Fifty-five per cent of the banks are on our platform. Even Google Pay and Truecaller Pay are on it. As for competition, you have C-Edge, and Infrasoft, says Agashe
 "We help banks stay on the grid: Sarvatra Technologies' Mandar Agashe")
There is utter confusion among Maharashtra authorities: Rajiv Bajaj
Bajaj Auto's plants in Chakan and Aurangabad haven't been able to achieve "meaningful production" despite getting the requisite approvals and complying with the government guidelines, Bajaj said.
 "There is utter confusion among Maharashtra authorities: Rajiv Bajaj")
Covid-19 outbreak: Mumbai races against time to create health care infra
Scrambles for new and experimental treatment protocol as cases surge past 10,000-mark
 "Covid-19 outbreak: Mumbai races against time to create health care infra")
World shares mixed amid hopes for business pickup, weak economic data
The safe-haven Japanese yen and dollar rose on data showing US private payrolls tumbled to a record 20.2 million in April
 "World shares mixed amid hopes for business pickup, weak economic data")
Maruti, Hyundai bet on first-time car buyers with easy financing schemes
Plan to cut down payments, offer digital shopping & doorstep delivery
 "Maruti, Hyundai bet on first-time car buyers with easy financing schemes")
Covid-19 crisis: Private hospitals get a lifeline from Ayushman Bharat
Scheme has on-boarded 1,000 new hospitals in the last one month
 "Covid-19 crisis: Private hospitals get a lifeline from Ayushman Bharat")
Rating disruption due to moratorium will pinch markets: Raters to Sebi
Extension of moratorium also discussed with Sebi
 "Rating disruption due to moratorium will pinch markets: Raters to Sebi")
Covid-19: As state govts defer or cut pay, employees prepare for battle
Some states ruled by the BJP have been cautious about giving state government employees any cause to complain
 "Covid-19: As state govts defer or cut pay, employees prepare for battle")
Emerging patterns: Businesses that will suffer, or survive, after Covid-19
Which sectors will bounce back fast? Which will lag? Has the consumer changed forever? Some answers
 "Emerging patterns: Businesses that will suffer, or survive, after Covid-19")
Govt leans on unions to make workers stay back in cities as economy sinks
Labour Secretary says focus should now be on reviving industry and gradually opening up the economy, so that there are adequate employment opportunities
 "Govt leans on unions to make workers stay back in cities as economy sinks")