Page 299 - Latest Updates on Lockdown
ACC stock gains over 3.6% post-March quarter results; turns flat later
ACC's volumes were down 13 per cent YoY to 6.56 million tonnes due to the shutdown of operations from March 24, 2020
 "ACC stock gains over 3.6% post-March quarter results; turns flat later")
Italy PM signals longer lockdown; France's Covid-19 death toll at 20,796
Italy's virus death total of 24,648 is still Europe's highest and second globally after the United States
 "Italy PM signals longer lockdown; France's Covid-19 death toll at 20,796")
Plan to use HCQ for Covid-19 treatment receives setback after death reports
Trump administration has stockpiled more than 30 million doses of hydroxychloroquine, a large chunk of which has been imported from India
 "Plan to use HCQ for Covid-19 treatment receives setback after death reports")
Brent price crash adds to oil chaos even as OPEC+ rushes to cut output
Over 20 per cent fall comes despite OPEC+ agreeing to reduce production
 "Brent price crash adds to oil chaos even as OPEC+ rushes to cut output")
Health Ministry issues guidelines to handle remains of Covid-19 patients
The packaging shall be buried following the norms for burial for human remains with high-risk pathogen
 "Health Ministry issues guidelines to handle remains of Covid-19 patients")
Market Ahead, April 22: Top Factors That Could Guide Markets Today
The Mukesh Ambani-led conglomerate today announced that it has signed binding agreements for an investment of Rs 43,574 crore by Facebook into Jio Platforms
 "Market Ahead, April 22: Top Factors That Could Guide Markets Today")
Firms await stimulus, warn of layoffs: Ficci survey on coronavirus impact
The Covid-19 crisis has already caused an unprecedented collapse in economic activities over the last few weeks, says survey
 "Firms await stimulus, warn of layoffs: Ficci survey on coronavirus impact")
Coronavirus impact: Airlines dismiss proposal to keep middle seat vacant
Suggest mandatory masks, gloves for passengers to ensure safety
 "Coronavirus impact: Airlines dismiss proposal to keep middle seat vacant")
Covid-19 Factoid: Confirmed cases in Gujarat are doubling every six days
While Iran, the first country to be affected significantly outside of China, is seeing definite signs of recovery, Singapore has seen a late spurt in cases
 "Covid-19 Factoid: Confirmed cases in Gujarat are doubling every six days")
India coronavirus dispatch: Continuing legislative work through a crisis
From a continued shortage of safety gears for health workers, to unforeseeable dangers of mass surveillance, and whether to do rapid tests or not - read these and more in today's India dispatch
 "India coronavirus dispatch: Continuing legislative work through a crisis")
Best of BS Opinion: Beyond Covid-19 red zones, oil price crash, and more
Here's a selection of Business Standard opinion pieces of the day
Kerala's approach to containing corona
Its people-centric response has mobilised the whole state against the pandemic
 "Kerala's approach to containing corona")
The communal virus
Muslims should not be targeted for Tablighi Jamaat's errors
 "The communal virus")
Netflix adds 15.8 mn customers during quarantine, warns boost is temporary
Total revenue rose to $5.77 billion from $4.52 billion. Analysts on average had expected $5.76 billion
 "Netflix adds 15.8 mn customers during quarantine, warns boost is temporary")
High expectations raise risk for stocks of general insurance companies
Benefits of lower claims could get offset by subdued premium collection and fixed costs
 "High expectations raise risk for stocks of general insurance companies")
Wall Street tumbles as oil crash stirs Covid-19 fears; Dow falls over 2%
All 11 S&P 500 sector indexes fell 1.6 per cent or more, with energy sliding for the seventh time in eight sessions
 "Wall Street tumbles as oil crash stirs Covid-19 fears; Dow falls over 2%")
Coronavirus clouds Infy's prospects; firm suspends guidance over pressure
Q4 results also indicate the quantum of pain Infosys is witnessing due to the Covid-19 pandemic
 "Coronavirus clouds Infy's prospects; firm suspends guidance over pressure")
It's a better option to take advance EPF than a loan during tough times
The usual advice is that one should not withdraw from their EPF account because it hurts the retirement corpus
 "It's a better option to take advance EPF than a loan during tough times")
Mango growers in UP want institutional procurement to tide over lockdown
They also seek 24-hour power supply and want corrugated box units to function, so that packing material is easily available when dussehri is ready for harvest
 "Mango growers in UP want institutional procurement to tide over lockdown")
World Gold Council plans consumer marketing in India, promotes digital gold
Move spurred by unprecedented decline in demand; WGC is also working with large institutions for a bullion exchange in India, and with assaying centres to build consumers' trust
 "World Gold Council plans consumer marketing in India, promotes digital gold")