Page 303 - Latest Updates on Lockdown
Titan's jewellery division to roll out digital initiative for clients: CEO
Ajoy Chawla, CEO of the jewellery division at Titan, tells Samreen Ahmad that the company is gearing up to train nearly 25,000 people in Titan's ecosystem in two weeks to restart post-lockdown work.
 "Titan's jewellery division to roll out digital initiative for clients: CEO")
Covid-19: Oil crashes into negative territory for the first time in history
The May US WTI contract fell $55.9, or 306 per cent, to settle at a discount of $37.63 a barrel after touching an all-time low of -$40.32 a barrel
 "Covid-19: Oil crashes into negative territory for the first time in history")
Wall Street drops on oil price crash, earnings anxiety; Dow falls over 2%
The S&P energy index tumbled 3.7 per cent after the front-month May US West Texas Intermediate (WTI) contract actually turned negative
 "Wall Street drops on oil price crash, earnings anxiety; Dow falls over 2%")
Infosys won't pause hiring even as it freezes salary hikes and promotions
Plans to make 35,000 jobs offers this year, including fresher and laterals, says won't layoff staff owing to Covid-19 business
 "Infosys won't pause hiring even as it freezes salary hikes and promotions")
Covid-19 clouds Infosys' prospects as Q4 results indicate quantum of pain
Firm suspends guidance because of pressure in key geographies
 "Covid-19 clouds Infosys' prospects as Q4 results indicate quantum of pain")
WTI crude oil trades in negative for first time at -$37.63 per barrel
In a first, MCX crude oil, too, expires below Rs 1,000
 "WTI crude oil trades in negative for first time at -$37.63 per barrel")
Lockdown 2.0: With state govts cautious, relaxation some way off
Teams from Samsung to LG, Vivo, and Oppo, had held several rounds of discussions with the state labour department, industrial authorities and the district magistrate's office
 "Lockdown 2.0: With state govts cautious, relaxation some way off")
Jewellers stare at missed Akshaya Tritiya opportunity due to virus lockdown
Likelihood of customers coming to sell their own gold holdings when stores open adds to their worries
 "Jewellers stare at missed Akshaya Tritiya opportunity due to virus lockdown")
Covid makes it harder to estimate short-term earnings, says analyst
The uncertainty stemming from the virus and countries' efforts to contain it have made it harder to estimate short-term earnings
 "Covid makes it harder to estimate short-term earnings, says analyst")
Sebi extends trading curbs to contain market volatility till May end
Market regulator has introduced curbs on short selling, increased margins and penalties
 "Sebi extends trading curbs to contain market volatility till May end")
Govt invokes Sec 35 of Disaster Management Act to fight Covid, states fume
The Act permits the Union government to constitute inter-ministerial central teams (IMCTs) and despatch them to states to make on-spot assessments
 "Govt invokes Sec 35 of Disaster Management Act to fight Covid, states fume")
India's ban on flying to stay until coronavirus no longer a danger
The ban will be lifted only when the government determines that the virus is no longer a threat, Hardeep Singh Puri wrote in a Twitter post
 "India's ban on flying to stay until coronavirus no longer a danger")
'Respect' govt decision on sale of non-essential goods: Flipkart
In a mail to employees, Krishnamurthy also encouraged them to explore innovative ways to drive value for the ecosystem including sellers, brands, kirana stores and customers
 "'Respect' govt decision on sale of non-essential goods: Flipkart")
Toll booths open to biz, but India's oldest highway wears deserted look
Constructed by Sher Shah Suri in the 16th century, the original road over the years extended right up to Kabul in Afghanistan (in the west) and Chittagong in Bangladesh (in the east).
 "Toll booths open to biz, but India's oldest highway wears deserted look")
Indices give up early gains amid Covid-19 fears; Sensex up 59 points
After swinging over 566 points during the day, the 30-share index ended 59.28 points, or 0.19% higher at 31,648
 "Indices give up early gains amid Covid-19 fears; Sensex up 59 points")
Market breadth turns healthy after March as Covid-19 cases decline globally
In simpler terms, each day of April, on an average, there have been two stocks that close with gains for every one stock that ends with losses
 "Market breadth turns healthy after March as Covid-19 cases decline globally")
States push ahead to include non-card holders for free rations under PDS
UP to distribute dry rations even to those without Aadhaar, Jharkhand to reach out even to those whose ration cards were cancelled, Delhi starts e-coupon system
 "States push ahead to include non-card holders for free rations under PDS")
FDI policy changes to impact investments from China amid Covid-19 lockdown
This is also expected to reduce the inflow of investments in new companies as well as the merger and acquisition scenario in the country
 "FDI policy changes to impact investments from China amid Covid-19 lockdown")
Brands get creative with customer engagement to stay relevant amid crisis
New services, new offers, new alliances and with a little help from technology, brands reimagine their relationship with consumers
 "Brands get creative with customer engagement to stay relevant amid crisis")
Binge-reading and -watching
Binge-watchers filling up empty days may ask: Why read a book when there's the movie? Apart from putting the cart before the horse, it's a lazy question
