Page 1603 - Coronavirus

How China is helping Trump blacklisted-AI firm thrive in pandemic era

The Hong Kong-based startup's revenue surged 147% to 5 billion yuan ($720 million) in 2019 and its customer base increased by about 500 to 1,200 clients, according to co-founder Xu Bing

Coronavirus LIVE: Andhra Pradesh's Covid-19 tally crosses 300,000-mark

Coronavirus latest news: India cases have crossed the 2.7-million mark. Maharashtra coronavirus tally at 6,04,358. Stay tuned for coronavirus LIVE updates

18.9 mn salaried people lost jobs since April, 5 mn in July, says CMIE

The loss of around 5 million jobs in July comes after around 3.9 million jobs were gained in June, as per the data

Covid-19 Factoid: Maharashtra's sixth 100,000 cases came in just 9 days

India has conducted more than 700,000 tests every single day since August 11, and added over 50,000 fresh cases on each day this month

Softbank dispatches senior executives to help Covid-19 hit Oyo: Report

Oyo has struggled in Japan even with the full endorsement of SoftBank

Oil steadies as demand fears due to Covid-19 offset high OPEC compliance

Brent crude futures rose 9 cents to settle at $45.46 a barrel. US West Texas Intermediate (WTI) crude futures ended unchanged at $42.89 a barrel

Flipkart sales have crossed pre-Covid-19 levels, says Walmart CEO

McMillon said that he is pleased with how the teams at Flipkart managed the Covid-19 environment in a really effective way

Between lab and jab: Miles to go before India has a Covid-19 vaccine

There is a reason why most of those involved in the race for a vaccine are studiously non-committal about a timeline

Zee Entertainment expects advertising growth to bounce back in Q3

Its operating profit fell 67 per cent on weak revenues, investments

Covid-19 crisis: World's largest sovereign wealth fund reports $21 bn loss

The decline followed record earnings in 2019, when the fund raked in profits of $180 billion as global stock markets soared

S&P 500 completes recovery from Covid-19 sell-off, hits record high

It has taken the benchmark S&P 500 about two months longer as surging Covid-19 cases sparked fears of another round of shutdowns that would again cripple business activity

Help govt in providing low-cost homes for migrants: Pradhan to steel firms

Pradhan said the government has set a target of providing 100,000 such houses, but the industry should build many more steel-intensive, low-cost houses, which will be a model for others to emulate

Global funds leave Indian bonds in spate as Covid-19 crisis worsens

Overseas funds have sold $14.6 billion of Indian corporate and government bonds this year, the most among emerging-Asian nations

Builders in Noida get extension till Dec 2021 to complete pending projects

According to the zero period policy, announced last December, builders will be exempted from paying penal interest on outstanding land dues for the number of years their projects were stuck

DMRC slashes employees perks, allowances by 50% as Covid-19 bites

The Delhi Metro Rail Corporation (DMRC) has suffered loss of nearly Rs 1,300 crore since the closure of services on March 22 due to the Covid-19 situation, sources said

Havells' bet on the Indian consumer fails to fire its growth engine

In FY20, firm reported its first decline in annual revenues and profits after 2 decades of uninterrupted growth; quarterly revenues declined for 3rd quarter in June

Covid impact: VRL Logistics, India's biggest trucker, to scrap 15% of fleet

The operator of about 5,000 vehicles, including tankers, cranes and buses, has identified some 700 low capacity trucks for possible scrappage

Will settle all RERA complaints in the next six months: Supertech

Supertech said of the 864 complaints, it has settled 334 since the opening of the lockdown by providing alternative flats or compensation to complainants

Walmart beats on profit, posts record growth in online sales amid Covid-19

The near-doubling of online sales in the second quarter helped the retailer trounce Wall Street expectations for quarterly profit and same-store sales

Govt permits exports of certain non-woven fabrics used for making masks

However, export of melt blown fabric of any GSM (grams per square metre) continues to be banned