Page 325 - Latest Updates on Lockdown
Tendering shares gets harder for companies amid coronavirus pandemic
'Due to the Covid-19 crisis and subsequent lockdown, the public shareholder's/ seller's broker(s) are finding difficulty in tendering the shares'
 "Tendering shares gets harder for companies amid coronavirus pandemic")
Advertisers blur the line between real life stories and scripted narratives
Experts say brands must tread carefully and the messaging must be sensitive to the emerging situation
 "Advertisers blur the line between real life stories and scripted narratives")
Economy needs more govt support
Lockdown was a brave decision. Now, policy-making requires a similar display of boldness
 "Economy needs more govt support")
Covid-19 pandemic to keep Indian steel exports subdued in near term: ICRA
Since 2014-15, India's steel exports and imports have witnessed a roller coaster run. Both in FY15 and FY16, imports trumped exports significantly
 "Covid-19 pandemic to keep Indian steel exports subdued in near term: ICRA")
Focus on gradual resumption
Govt should consider the suggestions made by DPIIT
 "Focus on gradual resumption")
Unify the labour market
Time to end divisions between permanent and contract workers
 "Unify the labour market")
Traders in Chhattisgarh protest agaisnt extension of lockdown, write to CM
Traders in Raipur's biggest commercial centre wrote that an extended lockdown could trigger blood pressure and diabetes, apart from neurological complication
 "Traders in Chhattisgarh protest agaisnt extension of lockdown, write to CM")
Passenger vehicle sales plunge 51% in March over coronavirus lockdown: SIAM
CV sales dip by as much as 89%, overall auto sales down 45%
 "Passenger vehicle sales plunge 51% in March over coronavirus lockdown: SIAM")
Letter to BS: Govt likely to be thinking big with a support package for biz
For sustained momentum, the flywheel has to be big
 "Letter to BS: Govt likely to be thinking big with a support package for biz")
Letter to BS: Sanitising tunnels in Kerala will do more harm than good
Though people welcomed these initially, many now opine that some of these are unscientific and rather than helping the public
 "Letter to BS: Sanitising tunnels in Kerala will do more harm than good")
Letter to BS: Firms will have to return to basics and make a fresh start
The restoration of smooth connectivity between wholesale and retail trade will thus be possible only when consumer confidence is fully restored to pre-Covid-19 scenario
 "Letter to BS: Firms will have to return to basics and make a fresh start")
Uber starts 'Essential' service in Mumbai to ferry passengers to hospitals
The ride hailing company has partnered with the city's traffic police and has identified a select fleet of vehicles for pick-up and drop to or from city hospitals
 "Uber starts 'Essential' service in Mumbai to ferry passengers to hospitals")
CPI inflation slows to 5.91% on easing food prices, may increase in April
Prices are likely to rise again in April, according to analysts, with the actual impact of the Covid-19 and the resultant lockdown yet to be fully seen.
 "CPI inflation slows to 5.91% on easing food prices, may increase in April")
Plea to nationalise healthcare sector during coronavirus 'misconceived': SC
A bench of Justices Ashok Bhushan and S Ravindra Bhat, which heard the matter through video-conference, said such a direction cannot be passed by the court
 "Plea to nationalise healthcare sector during coronavirus 'misconceived': SC")
Tamil Nadu sugar industry asks Centre to rework loans in wake of Covid-19
Sector says new drought-resistant, high-yield and high-recovery cane to be introduced next year
 "Tamil Nadu sugar industry asks Centre to rework loans in wake of Covid-19")
Lockdown: Chhattisgarh units reluctant to restart with state's riders
They say arranging transport and masks for workers is impractical, point out government's reluctance to provide power tariff exemption
 "Lockdown: Chhattisgarh units reluctant to restart with state's riders")
India's 2019-20 fuel demand growth worst in over 2 decades as virus strikes
Due to restrictions on movement and travel advisories, India's consumption of diesel, petrol and aviation turbine declined massively during March
 "India's 2019-20 fuel demand growth worst in over 2 decades as virus strikes")
Covid-19: Govt extends visas of stranded foreigners in India till April 30
The foreign nationals are stranded in the country due to the 21-day lockdown announced on March 24 to curb the spread of the disease
 "Covid-19: Govt extends visas of stranded foreigners in India till April 30")
Coronavirus lockdown may have cost Indian economy Rs 7-8 trillion
Prime Minister Modi is likely to detail the post-lockdown scenario in an address to the nation on Tuesday morning
 "Coronavirus lockdown may have cost Indian economy Rs 7-8 trillion")
Weak economy, lower consumption to dent ad spends in media: KPMG report
OTT, along with online gaming, are emerging out to be winners in the crisis, it said
 "Weak economy, lower consumption to dent ad spends in media: KPMG report")