Page 1638 - Coronavirus
Edtech start-up Whitehat Jr sold to Byju's on Zoom for $300 million
The deal is the biggest in the Indian edtech sector by far
 "Edtech start-up Whitehat Jr sold to Byju's on Zoom for $300 million")
Dalmia Bharat's Q1 net profit rises 23.7% to Rs 188 cr, revenue dips 22%
Dalmia Bharat's total expenses fell 25.54 per cent to Rs 1,734 crore in June quarter as against Rs 2,329 crore in Q1FY20
 "Dalmia Bharat's Q1 net profit rises 23.7% to Rs 188 cr, revenue dips 22%")
WFH offers opportunity for Indian security product companies: Report
Indian security product companies have a significant opportunity to help address security challenges that have emerged as a number of enterprises continue to 'work from home' (WFH) amid the COVID-19 pandemic, a report said on Thursday. The Data Security Council of India (DSCI), in a report titled 'Security Use Cases and Solutions', said amid the fear of contagion, working from home has become the new normal for many professionals. "However, with the huge rise in the number of employees working remotely, it is of vital importance that we also take care of our cyber hygiene and be productive simultaneously. As organisations grapple and brace this new normalcy...some of the Indian security product companies can assist you in this journey," it added. The National Centre of Excellence for Cybersecurity Technology Development & Entrepreneurship, a joint initiative of DSCI and Ministry of Electronics and Information Technology (MeitY), scouted for innovative technologies and security ...
 "WFH offers opportunity for Indian security product companies: Report")
AXA CEO confident of XL business after loss in first half due to Covid
AXA bought Bermuda-based XL in 2018 in a $15 billion deal to broaden its range of businesses, but in February this year lowered its 2020 profit guidance
 "AXA CEO confident of XL business after loss in first half due to Covid")
Wall Street opens slightly lower; markets await fresh stimulus package
The Dow Jones Industrial Average fell 30.70 points, or 0.11%, at the open to 27,170.82.
 "Wall Street opens slightly lower; markets await fresh stimulus package")
Bombardier reports earnings miss due to high rail costs, Covid-19 crisis
The maker of business jets and trains recorded a $435 million charge in its rail business during the second quarter, mainly related to costs for several late-stage projects in the UK and Germany
 "Bombardier reports earnings miss due to high rail costs, Covid-19 crisis")
Adani Enterprises posts Rs 138 cr Q1 pre tax-loss as Covid hits volumes
Maintains capex guidance of Rs 10,000 crore for the year
 "Adani Enterprises posts Rs 138 cr Q1 pre tax-loss as Covid hits volumes")
No layoffs so far, but raging Covid-19 a concern: Bata India chairman
As of March, the company had 9,762 employees across functions and locations, of which 4000-4500 are on third-party contract, he said
 "No layoffs so far, but raging Covid-19 a concern: Bata India chairman")
Adani Enterprises reports consolidated loss of Rs 65.67 cr in Q1
The Gautam Adani-led company had clocked a consolidated profit of Rs 570.14 crore in the corresponding quarter a year ago, the company said in a BSE filing
 "Adani Enterprises reports consolidated loss of Rs 65.67 cr in Q1")
India's first batch of IVF buffalo calves born amidst Covid-19 lockdown
This initiative will pave the way for rapid multiplication of superior animals at a much faster pace
 "India's first batch of IVF buffalo calves born amidst Covid-19 lockdown")
WHO asks southeast Asia region members to bolster essential health services
The pandemic has put immense strain on health systems across the South-East Asia Region
 "WHO asks southeast Asia region members to bolster essential health services")
India's Covid-19 recovery rate rises to 67.62%, says health ministry
A total of 46,121 Covid-19 patients have been discharged in a span of 24 hours
 "India's Covid-19 recovery rate rises to 67.62%, says health ministry")
World Coronavirus Dispatch: Facebook, Twitter delete 'harmful' Trump post
Stocks fall, gold nears high on US stimulus talks, BlackRock staff to WFH for rest of year, UK unemployment could rise to 7.5% and other pandemic-related news across the globe
 "World Coronavirus Dispatch: Facebook, Twitter delete 'harmful' Trump post")
Fighting Covid-19: Marico launches Protect range surface disinfectant spray
FMCG major Marico on Thursday announced the launch of Protect range of surface disinfectant sprays, strengthening its portfolio into the fast-growing segment of safety and hygiene after Covid-19.
Closed for vacation: France faces new coronavirus testing troubles
With virus cases rising anew, France is struggling to administer enough tests to keep up with demand
 "Closed for vacation: France faces new coronavirus testing troubles")
Joe Biden not to visit Milwaukee for accepting nomination amid virus fear
Former US Vice President Joe Biden will not accept the Democratic presidential nomination in Milwaukee, Wisconsin
Karnataka coronavirus update: State gets its first mobile testing labs
Karnataka's Medical Education Minister Dr K Sudhakar inaugurated state's first ICMR-approved mobile COVID-19 testing labs
 "Karnataka coronavirus update: State gets its first mobile testing labs")
Glenmark to launch higher strength of FabiFlu to manage Covid-19 dosage
The higher strength will improve compliance for patients by effectively reducing the number of tablets required per day
 "Glenmark to launch higher strength of FabiFlu to manage Covid-19 dosage")
Alcoholism drug may help in fight against coronavirus, says study
The potential drugs were taken from the database of medications approved by the US FDA
 "Alcoholism drug may help in fight against coronavirus, says study")
AstraZeneca in deal with Kangtai Bio to supply Covid-19 vaccine in China
AstraZeneca signed an exclusive framework agreement with China's Shenzhen Kangtai Biological Products to supply its Covid-19 vaccine candidate in mainland China