 "Top headlines: Weekend curfew to stay in Delhi; JSW Steel Q3 net rises 63%")
Delhi: LG allows pvt offices to run with 50% staff, weekend curfew to stay
The Delhi government on Friday proposed lifting the weekend curfew and ending the odd-even scheme for opening shops in view of the COVID-19 situation but Lieutenant Governor Anil Baijal directed that status quo be maintained on the restrictions till the situation is better in the national capital.
The LG office, however, approved the government's proposal to allow private offices to function with 50 per cent staff strength, official sources said. Read more
JSW Steel Q3 PAT up 63% YoY to Rs 4,357 cr on robust domestic operations
Sajjan Jindal-led JSW Steel reported a consolidated net profit of Rs 4,357 crore in the December quarter, up 63 per cent from corresponding period last year on the back of strong revenues mainly from India operations.
The net sales of the company in the period under review stood at Rs 37,462 crore, up 74 percent from the same period last year because of increased domestic sales in automotive, solar and appliance segments. Read more
Netflix, Peloton bring pandemic-stock era to a shuddering halt
The Covid-19 pandemic isn’t over yet, but the boom it helped create for stay-at-home stocks appears to be vanishing.
Netflix Inc. and Peloton Interactive Inc., two of the highest-profile stars of the lockdown era, both plunged Thursday -- the latest sign that investors have moved on from the so-called pandemic trade. Netflix expects to add a paltry 2.5 million users in the current quarter, well short of estimates. Peloton, meanwhile, is slashing costs to cope with slowing demand for its stationary bikes. Read more
Govt asks airlines to enforce one handbag rule to ease airport congestion
Aviation security regulator BCAS has asked airlines to strictly enforce the rule which mandates that only one hand bag is allowed per passenger.
A memo issued by the security regulator to airlines and airports said that not enforcing the rules was a primary reason for congestion at airports. Read more
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%