Page 1660 - Coronavirus

LIC's total premium clocks 12% growth in FY20 at Rs 3.79 trillion

Settled 561 Covid-19 death claims amounting to Rs 26.74 crore

Dettol rides hygiene wave to expand business amid Covid-19 pandemic

The recent declaration from RB suggests Dettol now holds some 14% of the local soap market

Letter to BS: It's better to wait and watch for RBI's next move

All the previous repo rate cuts by the RBI have failed

Cognizant expects revenue to dip 2% in 2020 amid Covid-19 crisis

In the June quarter, Cognizant saw its net profit decline 29 per cent at $361 million, compared to $509 million, while it fell 1.63 per cent sequentially

Reliance Retail's Ebitda down 47% in June quarter on Covid-19 pandemic woes

Around 50 per cent of Reliance Retail's nearly 12,000 stores were fully shut in the quarter, while 29 per cent were partially open, the company said on Thursday

Reliance Jio pre-tax profit zooms 147% in June quarter, revenue up 33.7%

Ebitda for the June quarter grew 55.4 per cent to Rs 7,281 crore

PM Modi meets financial regulators, discusses steps to revive economy

According to sources, the meeting discussed various steps that regulators, especially the Reserve Bank of India, can take to push economic growth staring at the risk of contraction

Covid-19 impact: FMCG growth to be flat in 2020, says Nielsen survey

Flat growth will be on account of 18 per cent decline in April-June quarter

Over 878,000 Indians returned home under Vande Bharat Mission: MEA

Under the Phase 4 of the Vande Bharat Mission, a total of 1,083 flights have been scheduled so far, including 849 international flights and 234 feeder flights

RIL's pre-tax profit dips 40% as Covid-19 hits energy, retail businesses

Net profit surges 31%, boosted by exceptional gain of Rs 4,966 crore from BP transaction

Innovating in pandemic, around a third of companies will have new products

Nearly half of companies surveyed were evaluating acquisitions, says PwC India report

Covid-19 impact: Honda Cars India comes up with voluntary retirement scheme

It's a voluntary scheme for associates over 40 years of age or who have completed 5 years of service

Unlock 3.0: Not opening multiplexes to impact millions of jobs, says MAI

"We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown," MAI Member Alok Tandon said

Rating models for MSMEs need to be revisited amid Covid-19 crisis: Experts

The credit rating models for micro, small and medium enterprises should be revisited in the wake of the coronavirus crisis, financial experts said on Thursday.

Special flights carrying 1,153 Gujarat residents to arrive during May 10-13

Five special flights carrying 1,153 residents of Gujarat, who have been stranded in various countries due to the coronavirus-induced lockdown in India, will land in Ahmedabad between May 10 and May 13

Hit by Covid-19, Westlife Development posts net loss of Rs 57.5 cr in Q1

Westlife Development Ltd on Thursday reported a consolidated net loss of Rs 57.56 crore for the quarter ended June 2020, hit by the Covid-19 pandemic.

UK offers one-month grace period for visa extensions until August 31

Right across the immigration system, this government has introduced measures to help those who have been impacted by global travel and health restrictions throughout this pandemic

Readymade garment makers to see 25-30% fall in revenue in FY21: Crisil

For exporters, the fall will be more because of tepid discretionary spending in the US and European Union, which account for 60 per cent of India's RMG exports, it said

Covid-19: US economy records worst quarterly plunge ever, GDP shrinks 33%

The previous worst quarterly contraction, a 10 per cent drop, occurred in 1958 during the Eisenhower administration

China sales help Huawei overtake Samsung as top smartphone seller: Report

Analysts at Canalys said Thursday that Huawei shipped 55.8 million devices in the second quarter of 2020