Page 3209 - Company News

Coronavirus pandemic: Stocks of diagnostic firms could prove safe bets

Though details of Covid19-testing reimbursement are crucial to ascertain the earnings impact, other growth levers remain intact

War on Covid-19: IGL follows lockdown rule book, pares CNG supply in NCR

Just over a third of the 150 stations run by the company will be operational during lock down toll March 31

Softbank plans $41-billion asset sale to expand buyback, cut debt

The Japanese conglomerate, which also operates the $100 billion Vision Fund, is considered especially vulnerable to economic shocks

RBI needs to ease asset quality norms, cut repo rate: HDFC Bank's Puri

RBI doesn't have a choice but to provide some relaxation on the asset classification norms, says Aditya Puri

Internet speed may slow down on high traffic owing to Coronavirus lockdown

Three OTT players have responded positively to the request by the Cellular Operators Association of India (COAI) to reduce bandwidth

Maintain production line of essential commodities, PM Modi tells India Inc

Both the industry bodies have called for cash transfers of Rs 5,000 each to workers and those earning below Rs 5 lakh as well as a one-time payment of Rs 10,000 for senior citizens

Electronics hubs in complete lockdown amid coronavirus outbreak

Operations at the plant, which manufactures large appliances like refrigerators and washing machines, have been suspended till March 25

Reliance Jio gives free broadband to new customers, doubles data

The company has also doubled data limits for top-up voucher and bundle-free calling minutes to non-Jio networks in these vouchers

Covid-19: Airtel urges uninterrupted internet in outreach to other telcos

Calls for joining hands and paving the way for intra-circle roaming pacts as country goes under lock down in war against coronavirus

Soap success: Medimix reports business surge as coronavirus spreads

The medicinal soap brand is seeing a sharp spurt in demand across the country

Covid-19 throws up drug supply opportunity for Ipca, other pharma firms

Sun Pharma, Dr Reddy's, Torrent Pharma, Cipla, Cadila Healthcare and Natco Pharma would also benefit from malaria drug supplies, Alembic Pharma from azithromycin sales

Loans to MSMEs, India lockdown to make Axis Bank's bad loans worse

SME slippages so far in FY20 are just little shy of FY19's Rs 11,200 crore, and may increase due to lock-outs imposed

Irdai extends premium renewal period by 30 days as lockdown continues

Life Insurance Corporation has offered relaxation to policyholders on payment of premiums due on inforce policies up to April 15

Auto sector braces for tough road ahead as lockdown hits business

Two-wheeler space worst hit, given higher BS-IV inventory

Ola sets up fund for driver partners impacted by coronavirus in Australia

This will help compensate the loss for business revenue of drivers

Companies offer to help fight Covid-19 will be treated as CSR activity

Schedule VII includes funds such as the Prime Minister's National Relief Fund and Swachh Bharat Kos

Tamil Nadu govt prohibits food delivery to contain spread of Covid-19

In the list of commercial and private establishments that are exempted from restrictions include e-commerce, pharmaceutical, and other essentials

Corporate bond yields spike as coronavirus-induced fears grip investors

The 10-year bond yields closed at 6.38 per cent

PhonePe extends 'work from home' to offline sales, customer service agents

All PhonePe employees, including over 8,500 offline sales agents and more than 1500 customer service agents including third-party contract workers, have been mandated to work from home

Eyeing 10% market share in premium segment: Piaggio India's Diego Graffi

Piaggio India has seen its scooter sales in the 125cc segment growing from 39,779 units in the April 2018 to February 2019 period to 43,355 units in April 2019 to February 2020