Page 75 - Latest Updates on Lockdown
Caught in Covid air pocket, SpiceJet posts Rs 593-crore pre-tax loss in Q1
Market leader IndiGo had registered a pre-tax loss of Rs 2,849 crore during the same period
 "Caught in Covid air pocket, SpiceJet posts Rs 593-crore pre-tax loss in Q1")
Retail prices of tomatoes, onions, potatoes rise due to supply disruptions
This could be result of continued supply-side disruptions, say experts
 "Retail prices of tomatoes, onions, potatoes rise due to supply disruptions")
Covid-19 impact: India's economy to contract 9% in FY21, says ADB
This will be the first time in four decades that the Indian economic growth will contract
 "Covid-19 impact: India's economy to contract 9% in FY21, says ADB")
Future Enterprises reports Q1 net loss at Rs 323 cr due to Covid lockdown
Its total expenses were at Rs 639.27 crore as against Rs 1,440.93 crore, down 55.63 per cent
 "Future Enterprises reports Q1 net loss at Rs 323 cr due to Covid lockdown")
How US-China split can affect the shift towards sustainable energy
There is a compelling logic to link Covid-19 and its geopolitical makeover to a change in energy fortunes
 "How US-China split can affect the shift towards sustainable energy")
Coronavirus LIVE: Maharashtra tally crosses 1.09 mn; deaths go past 30,000
Coronavirus latest update: Worldwide there are 29,433,091 cases of coronavirus. India's total number of corona cases has surged to 4,837,952. Stay tuned for coronavirus India LIVE updates
 "Coronavirus LIVE: Maharashtra tally crosses 1.09 mn; deaths go past 30,000")
Covid-19 impact: SpiceJet posts Rs 600.5 crore loss for June quarter
Budget carrier SpiceJet reported a net loss of Rs 600.5 crore for the first quarter ended June 30, owing to the suspension of flight operations due to the coronavirus-induced lockdown
Multiplex group appeals to govt to reopen cinemas, says jobs are at stake
Appealing to the govt to allow theatres to reopen, the Multiplex Association of India said the sector that provides employment to lakhs had lost an estimated Rs 9,000 crore in the last six months
 "Multiplex group appeals to govt to reopen cinemas, says jobs are at stake")
Lockdown from Mar 25 to May 31 controlled progression of Covid-19: Govt
The lockdown from March 25 to May 31 successfully controlled the aggressive progression of Covid-19 in India but there has been a steady rise in the number of cases in the post-lockdown phase
 "Lockdown from Mar 25 to May 31 controlled progression of Covid-19: Govt")
India Coronavirus Dispatch: Monsoon session starts without hustle-bustle
Demand for medical oxygen at record high, bed shortage in Bhubaneswar and 11 districts account for 42% of total deaths--news on how the country is dealing with the pandemic
 "India Coronavirus Dispatch: Monsoon session starts without hustle-bustle")
World Coronavirus Dispatch: Citigroup to resume job cuts after pause
Hong Kong plans new stimulus as economy falters, China's recovery gathers speed on retail rebound, some jobs may permanently move to machines and other pandemic-related news across the globe
 "World Coronavirus Dispatch: Citigroup to resume job cuts after pause")
Sales, aftersales showing very positive results: Lamborghini India Head
Optimism over Covid-19 vaccine and gradual opening of the economy has resulted in improved business outlook and is helping Italian super sports car maker Lamborghini generate new orders in India
 "Sales, aftersales showing very positive results: Lamborghini India Head")
$100 mn fund for small business: Facebook invites applications for grant
The small business grants programme worth $100 million was announced by the tech giant as part of its commitment to businesses
 "$100 mn fund for small business: Facebook invites applications for grant")
Rahul launches attack on Centre over migrant workers' death during lockdown
Did no migrant workers die during the COVID-19 induced lockdown phase if the Centre does not have any record of the same, said Congress leader Rahul Gandhi on Tuesday targeting the Central government
 "Rahul launches attack on Centre over migrant workers' death during lockdown")
Best of BS Opinion: Virtual shareholder meetings, job losses, and more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Virtual shareholder meetings, job losses, and more")
Covid-19 impact: WFH turns out cheaper and greener for IT companies
Indirect emissions account for a major chunk of emissions by Indian IT firms
 "Covid-19 impact: WFH turns out cheaper and greener for IT companies")
Gyms open after six months but the road to recovery looks painful
For months, gym owners in Delhi had been urging the Centre to allow them to resume business
 "Gyms open after six months but the road to recovery looks painful")
Weekly economic indicators: More shoppers stepping out, road traffic higher
High-frequency indicators show signs of gains amid talk of second wave
 "Weekly economic indicators: More shoppers stepping out, road traffic higher")
McLeod Russel pre-tax loss at Rs 94.9 cr in Q1 due to crop loss, lockdown
Total income for quarter down 28% at Rs 245.83 cr, net loss stood at Rs 90.52 cr as against a loss of Rs 11.64 cr a year ago
 "McLeod Russel pre-tax loss at Rs 94.9 cr in Q1 due to crop loss, lockdown")
Enrich Salon pauses expansion plan, sees 25% fall in revenue this year
Hair and beauty salon chain Enrich has put on hold its store expansion plan for the year due to the coronavirus pandemic, and expects to close the ongoing fiscal with around 22-25% fall in revenue
 "Enrich Salon pauses expansion plan, sees 25% fall in revenue this year")