Page 78 - Latest Updates on Lockdown
Suzuki Motor ups stake in Maruti to 56.37%, buys 284,322 equity shares
Prior to the transaction, Suzuki held a 56.28 per cent stake in Maruti Suzuki
 "Suzuki Motor ups stake in Maruti to 56.37%, buys 284,322 equity shares")
Bata India re-rating hinges on strong show by revenue spinning premium biz
Analysts believe Bata's margin and earnings growth would see relatively more pressure than players like Relaxo Footwears
 "Bata India re-rating hinges on strong show by revenue spinning premium biz")
Despite volume uptick, Maruti's rally may fizzle out on multiple headwinds
Competitive pressures, lower share of utility vehicle segment and margins are key worries
Family matters: Be clear if your employer's group health plan covers them
With a pandemic raging, you must buy your own personal health cover for your family to supplement the group cover
 "Family matters: Be clear if your employer's group health plan covers them")
ITC's appetite for staples grows as it moves away from tobacco
The company is betting on its non-cigarette FMCG portfolio to deliver growth and convince the markets that it is moving away from its tobacco dependence
 "ITC's appetite for staples grows as it moves away from tobacco")
Inflation targeting: Indian experience may have lessons for the world
Rather than butting heads with the fiscal authority, or meekly toeing its line, the central bank should insist on pragmatic, rules-based cooperation
 "Inflation targeting: Indian experience may have lessons for the world")
Kolkata Metro to resume operations on Sept 14, no services on Sundays
Metro Railway services in Kolkata will resume on September 14 after remaining suspended for more than five months, its General Manager Manoj Joshi announced
 "Kolkata Metro to resume operations on Sept 14, no services on Sundays")
How long will local train services be restricted: HC asks Maharashtra
The Bombay High Court asked the Maharashtra government about how long it plans to restrict suburban train services here in view of the Covid-19 pandemic
 "How long will local train services be restricted: HC asks Maharashtra")
World Coronavirus Dispatch: Is South Africa becoming a failed state?
China's vaccine frontrunner says its shots are safe, Canada flight cancelled over child without mask, Auto stocks bounce back in Europe and other pandemic-related news across the globe
 "World Coronavirus Dispatch: Is South Africa becoming a failed state?")
Over 453,000 people returned to Himachal Pradesh during lockdown: Minister
Over 453,000 people returned to Himachal Pradesh during the coronavirus lockdown, a state minister informed the assembly Thursday
 "Over 453,000 people returned to Himachal Pradesh during lockdown: Minister")
India Coronavirus Dispatch: How to stop Metros from becoming superspreaders
Fear and mistrust in rural Punjab, Delhi cases hit new high, and What going back to school will be like--news on how the country is coping with the pandemic
 "India Coronavirus Dispatch: How to stop Metros from becoming superspreaders")
No complete lockdown in Bengal on Sept 12 for NEET candidates: Mamata
The state-wide complete lockdown on September 12 has been withdrawn in the interest of the students appearing for NEET, West Bengal Chief Minister Mamata Banerjee announced
 "No complete lockdown in Bengal on Sept 12 for NEET candidates: Mamata")
UK epidemiologist warns of virus 'uptick', wants lockdown re-imposed
The epidemiologist whose modelling heavily influenced UK government to impose a lockdown in March has warned that fresh restrictions may have to be re-imposed in coming weeks
 "UK epidemiologist warns of virus 'uptick', wants lockdown re-imposed")
SC adjourns hearing on loan moratorium as RBI seeks time to file affidavit
The apex court ordered that all decisions taken by the RBI, the Government of India or the banks be placed before it for consideration
 "SC adjourns hearing on loan moratorium as RBI seeks time to file affidavit")
Coronavirus LIVE: UP govt permits resumption of inter-state bus services
Coronavirus India update: Worst-hit states are Maharashtra (943,772) Andhra Pradesh (517,094), Tamil Nadu (474,940), Karnataka (412,190), and UP (278,473). Stay tuned for coronavirus LIVE updates
 "Coronavirus LIVE: UP govt permits resumption of inter-state bus services")
RoSCTL scheme to help enhance competitiveness of apparel exporters: AEPC
Apparel Export Promotion Council (AEPC) Chairman A Sakthivel welcomed the release of funds for paying the dues under the scheme for fiscal 2020-21
 "RoSCTL scheme to help enhance competitiveness of apparel exporters: AEPC")
Eveready Industries PBT rises 234% to Rs 30.29 crore in June quarter
Eveready's Q1 PBT rises 234% on upward price revision, better product mix
 "Eveready Industries PBT rises 234% to Rs 30.29 crore in June quarter")
HLFL in talks to raise up to $100 million to support growth: Sachin Pillai
"A full-fledged turnaround should be in place by the end of the last quarter or spilling over to the next FY," said Sachin Pillai, Managing Director & Chief Executive Officer, HLFL
 "HLFL in talks to raise up to $100 million to support growth: Sachin Pillai")
Banks' asset quality to worsen but face less risk of defaults: Moody's
The disruptions from the coronavirus outbreak will strain finances for households and small businesses more severely
 "Banks' asset quality to worsen but face less risk of defaults: Moody's")
Covid-19 treatment cost must not fall on migrant workers: Govt tells states
Labour ministry guidelines say workers returning to cities must get housing, health insurance, facemasks
 "Covid-19 treatment cost must not fall on migrant workers: Govt tells states")