Page 1628 - Coronavirus
AstraZeneca Pharma India Q1 net profit declines 13 pc at Rs 18.63 cr
Drug firm AstraZeneca Pharma India on Monday reported a 13.38 per centdecline in its net profit to Rs 18.63 crore for the quarter ended June. The company had posted a net profit of Rs 21.51 crore for the corresponding period of the previous fiscal, AstraZeneca Pharma India said in a BSE filing. Revenue from operations stood at Rs 193.57 crore for the quarter under consideration. It was Rs 204.56 crore for the same periodyear ago, it added. The board of directors has declared an interim dividend of Rs 2 per equity share for the financial year 2020-21, the filing said. Shares ofAstraZeneca Pharma India were trading at Rs3,381.65per scrip on BSE, up 1.50 per cent over previous close.
 "AstraZeneca Pharma India Q1 net profit declines 13 pc at Rs 18.63 cr")
78% rural Indians satisfied with govt's steps to fight Covid-19: Survey
A total of 25,371 respondents were interviewed between May 30 and July 16, 2020 during the exercise and all of them were main earners of their households, and thus primarily men
 "78% rural Indians satisfied with govt's steps to fight Covid-19: Survey")
MARKET WRAP: Sensex gains 142 pts, Nifty ends at 11,270; pharma stocks zoom
All that happened in the markets today
 "MARKET WRAP: Sensex gains 142 pts, Nifty ends at 11,270; pharma stocks zoom")
L&T Metro Rail may invoke force majeure to extend operations in Hyderabad
The concession period of the project is 35 years, from the appointed date of July 5, 2012 including the initial construction period of five years
 "L&T Metro Rail may invoke force majeure to extend operations in Hyderabad")
Cipla hits record high on strong Q1 result; Morgan Stanley sees 30% upside
Mumbai headquartered pharma firm posted 20% growth in profit before tax for the first quarter of the current financial year to Rs 799 crore, on a 9% YoY growth in revenues to Rs 4,346 crore
 "Cipla hits record high on strong Q1 result; Morgan Stanley sees 30% upside")
Kunal Shah's CRED aims for revenue through new product launches
Company backed by Sequoia Capital helps credit card users earn rewards for paying their bills
 "Kunal Shah's CRED aims for revenue through new product launches")
HR steps in to ease work from home pressure amid Covid-19 pandemic
"A lot of this is desired but on many occasions fails in implementation. We find policies aplenty, but putting them into action is less common," says Anandorup Ghose, partner, Deloitte India
 "HR steps in to ease work from home pressure amid Covid-19 pandemic")
Why Trump's Covid-19 relief orders may not put money in workers' pockets
Trump's order is likely to exacerbate the debt burden for states and prove costlier in the long term because state governments borrow at higher costs than the federal government
 "Why Trump's Covid-19 relief orders may not put money in workers' pockets")
Covid-19: Rising global tally, update on Vande Bharat Mission & more
Countrywise, US Covid-19 cases surpass 5 million-mark on Sunday. The US is followed by Brazil with over 3 million cases and India with over 2.2 million infected people
 "Covid-19: Rising global tally, update on Vande Bharat Mission & more")
Tricolour sales dip as schools, colleges remain closed due to Covid-19
A factor that is contributing to dipping sales is the online sale of national flags on e-commerce websites, says Khadi Gram Udyog employee
 "Tricolour sales dip as schools, colleges remain closed due to Covid-19")
Delhi tells SC it's cancelling exams in state univs for Covid-19: Report
Kejriwal government asks state universities to cancel all exams on July 11 citing the fast-spreading Covid-19 pandemic
 "Delhi tells SC it's cancelling exams in state univs for Covid-19: Report")
38 fresh cases in Agra as B.Ed examinees flout coronavirus norms
As India's Covid tally breached the 22-lakh mark on Monday, Agra reported a surge of 38 new cases in the last 24 hours, taking its tally to 2,103
Covid-19 pandemic will continue for 6 more months in Iran, says Rouhani
Iranian President Hassan Rouhani has predicted that the COVID-19 pandemic will continue for another six more months in the country which is currently the hardest-hit in the Middle East.
 "Covid-19 pandemic will continue for 6 more months in Iran, says Rouhani")
BJP-led coalition, Congress brace for trust vote in Manipur Assembly
The trust vote will decide the fate of the BJP-led coalition government in the state
 "BJP-led coalition, Congress brace for trust vote in Manipur Assembly")
Israeli jeweller makes world's most expensive Covid-19 gold mask at $1.5 mn
The 18-karat white gold mask will be decorated with 3,600 white and black diamonds and fitted with top-rated N99 filters at the request of the buyer, said designer Isaac Levy
 "Israeli jeweller makes world's most expensive Covid-19 gold mask at $1.5 mn")
UAE coronavirus update: 225 new Covid-19 cases detected, tally at 62,525
The United Arab Emirates (UAE) on Sunday announced 225 new COVID-19 cases, bringing the total confirmed cases in the country to 62,525
Israel coronavirus update: Death toll rises to 600, case tally at 83,000
The Covid-19 death toll in Israel has reached 600 with seven new deaths, Israeli Ministry of Health has said
Covid-19 Factoid: Numbers offer little hope to worst-hit Maharashtra
State sets new record of over 12,000 cases registered in a single day, it also has the most deaths from the disease.
 "Covid-19 Factoid: Numbers offer little hope to worst-hit Maharashtra")
China coornavirus update: 64 19 patients discharged in Chinese mainland
The National Health Commission on Monday said 64 Covid-19 patients were discharged from hospitals after recovery in the Chinese mainland on Sunday
 "China coornavirus update: 64 19 patients discharged in Chinese mainland")
New York governor calls Donald Trump benefits executive order 'laughable'
Andrew Cuomo dismissed Trump's executive orders as laughable" and another chapter in the federal government's botched response to the coronavirus