Page 3197 - Company News

Edtech firms' moment in the sun as lockdown forces institutes to shut

Closing of educational institutions during lockdown offers promise of huge gains

Fighting Covid-19 crisis: LIC customers get more time to pay premium

LIC has said all death claims related to Covid-19 would be treated on a par with other causes of death and payments would be made on an urgent basis

Bengal Chemicals gears up to make key drug HCQ in battle against Covid-19

Firm faces major raw material crunch in catering to huge spike in demand for the drug; CII to explore feasibility of growing cinchona, from where the key ingredient is extracted

Fighting Covid-19 crisis: Co-living firms open doors to health care staff

Some also rent out their premises to IT firms' employees

Fighting Covid-19: Donations to CM fund won't qualify as CSR, says MCA

Ex-gratia payments to workers will be treated as CSR, provided these are over and above wages

Health insurance premiums set to rise as firms to follow Irdai mandates

The rise in premiums could be in the range of 5-25 per cent, depending on the features that each insurance company adds on its products

LIC gives 30-days extension for premiums due in March, April amid Covid-19

The insurer assured its policyholders that the death claims arising due to COVID-19 will be treated at par with other causes of death and payments shall be made on an urgent basis.

TRAI recommends making interoperability of set top boxes mandatory

TRAI also recommended the mandatory provisioning of a USB port-based common interface for all digital television sets in India.

Myntra to Flipkart, firms join hands to provide essential needs

E-commerce companies are exploring unique models to ensure business continuity amid the lockdown imposed by the government to contain the spread of the coronavirus infection.

Centre likely to lower tariff for discoms to ensure uninterrupted supply

The demand met was down by about 29 per cent at 121.38 GW on April 10 compared to 170.52 GW on the same day last year.

Adani Wilmar cuts production of Fortune cooking oil brand by 40 per cent

In the packaged edible oil segment, Adani Wilmar is a market leader with over 20 per cent share.

Industry to face 'new normal' once Covid-19 crisis ends: Suresh Narayanan

Apart from adapting to changes like remote workplaces and stricter hygiene measures at manufacturing units, the crisis may alter the way brands communicate with their consumers

Local industry cries foul over nil import duty on Covid-19 medical supplies

Indian players who have invested in their units to rise up to the occassion say they may end up with idle capacity once Chinese firms ramp up production and bring prices down

Telcos find some relief in lockdown, revenues rise 15% as usage picks pace

Top line gets boost in March qtr as more people work from home

Covid-19 woes: IndiGo to discontinue on-board meal service, says CEO

The company will also run its airport buses at 50 per cent capacity when service resumes

Coronavirus lockdown: Amazon delivers groceries at door step in hotspots

Amazon, along with Brihanmumbai Municipal Corporation, on Thursday made contactless deliveries to a containment zone in Mumbai on a pilot basis.

India-focused agri-input players with strong balance sheet better placed

The lockdown-led supply disruption may weigh more on earnings of export-oriented players, say analysts

Workers to owners count losses as Bengal's small factory hub shuts down

Howrah is the hub for castings, machine parts, forged and assembled parts and it caters to India and the world.

Unlisted NCDs may be treated as term loans, carry RBI moratorium benefit

Sebi is likely to allow corporate houses to treat unlisted non-convertible debentures as 'term loans'.

Nasscom urges Centre to reimburse 'paid leave' to employees during lockdown

Nasscom requested the FM to allow expenses incurred by companies in enabling Work from Home (WFH) for its employees as an eligible business expense