Page 1888 - Coronavirus
Kids shows draw record viewers but fail to cheer advertisers
Of the top 10 kids networks almost all - Viacom 18, WarnerMedia, Disney, Sony Yay, Discovery Kids, and Sun Network - have seen a rise of 20-100 per cent in viewership.
 "Kids shows draw record viewers but fail to cheer advertisers")
MSMEs to get loans at 9.25% under Centre's Rs 3-trillion package
100 per cent guarantee coverage will be provided by National Credit Guarantee Trustee Company (NCGTC) for additional funding of up to Rs 3 trillion to eligible MSMEs and interested MUDRA borrowers
 "MSMEs to get loans at 9.25% under Centre's Rs 3-trillion package")
No layoffs, but will take steps to cut costs, says L&T Infotech's Jalona
We are not looking at any layoffs at present, but we are looking at all ways and means to protect profits and save money to minimise the revenue impact, say Jalona
 "No layoffs, but will take steps to cut costs, says L&T Infotech's Jalona")
Voda Idea clubs 22 telecom circles into 10 clusters; move may hit jobs
"...... In the past also, we have seen that over time, it is possible to accommodate most of the people against natural voluntary attrition that keeps happening," Voda said downplaying likely job cuts
 "Voda Idea clubs 22 telecom circles into 10 clusters; move may hit jobs")
Donald Trump says US topping world virus cases is 'badge of honour'
The US has 1.5 million confirmed coronavirus cases and over 91,000 deaths, both the world's highest
 "Donald Trump says US topping world virus cases is 'badge of honour'")
Covid-19 crisis: World Bank to rescue with $160-billion aid to 100 nations
'Covid, shutdown may push as many as 60 mn people into extreme poverty'
 "Covid-19 crisis: World Bank to rescue with $160-billion aid to 100 nations")
Hit by Covid-19, JSW Steel seeks time to pay for Bhushan Power purchase
As steel prices crash, firm facing winner's curse with Rs 19,700-cr acquisition
 "Hit by Covid-19, JSW Steel seeks time to pay for Bhushan Power purchase")
Global merchandise trade volumes likely to nosedive in H1, says WTO
The global body's goods trade barometer (GTB) on Wednesday hinted at further weakening of trade volumes in H2CY20.
 "Global merchandise trade volumes likely to nosedive in H1, says WTO")
Centre considers market borrowing for GST compensation to states
Raising GST rates or rationalisation of tax slabs may be discussed by the GST Council in the next meeting to be scheduled early next month.
 "Centre considers market borrowing for GST compensation to states")
Strides posts pre-tax loss of Rs 217 cr in Q4 as ranitidine ban in US bites
Ranitidine was a $9 million business for Strides in the first half of FY20
 "Strides posts pre-tax loss of Rs 217 cr in Q4 as ranitidine ban in US bites")
Exports help offset domestic woes as Bajaj Auto pre-tax profit falls 8%
The Rajiv Bajaj-led company remains optimistic of the road ahead even as the lock down due to the Covid-19 pandemic has crippled the economy
 "Exports help offset domestic woes as Bajaj Auto pre-tax profit falls 8%")
Cabinet approves new methodology for awarding commercial coal mines
Auctioned mines will now entail reduced upfront payment; coal ministry has also introduced incentive for early production
 "Cabinet approves new methodology for awarding commercial coal mines")
Cash transfer is easier on paper than in reality: Expenditure Secy
In a Q&A, T V Somanathan says govt's actions aren't driven by any fear of a ratings downgrade; what migrants needed more than cash transfers is free food, which the Centre provided
 "Cash transfer is easier on paper than in reality: Expenditure Secy")
Covid-19 delays delivery of first indigenous aircraft carrier by 6 months
The first phase of the warship's trials - termed basin trials - was initially scheduled to begin on March 12 at Cochin Shipyard (CSL), where INS Vikrant has been constructed
 "Covid-19 delays delivery of first indigenous aircraft carrier by 6 months")
Analysts willing to give India Inc long rope amid Covid-19: IiAS survey
Voting advisory firm Institutional Investor Advisory Services surveyed 'sell-side' analysts to get a sense of their views on various governance practices in the current environment
 "Analysts willing to give India Inc long rope amid Covid-19: IiAS survey")
Covid-19 crisis: ACME cancels pact to supply power at record low tariff
Files petition with CERC to prevent SECI and Power Grid Corp from encashing bank guarantee and letter of comfort submitted for project
 "Covid-19 crisis: ACME cancels pact to supply power at record low tariff")
Sebi advises India Inc to make enhanced disclosures on Covid-19 biz impact
Market regulator observed that while many have made qualitative disclosures like shutting down and sanitation measures undertaken, only a few have dwelt on financial impact
 "Sebi advises India Inc to make enhanced disclosures on Covid-19 biz impact")
Cyclone 'Amphan' batters Bengal, Odisha as 650,000 evacuated; 3 dead
West Bengal Chief Minister Mamata Banerjee, who is monitoring the situation from Nabanna, the state secretariat, however, claimed at least 10-12 people lost their lives.
 "Cyclone 'Amphan' batters Bengal, Odisha as 650,000 evacuated; 3 dead")
TCS top management takes pay cut in FY20 to conserve cash amid Covid-19
Pay package of CEO Rajesh Gopinathan fell 16% in last fiscal
 "TCS top management takes pay cut in FY20 to conserve cash amid Covid-19")
Covid-19 crisis: Indiabulls sacks over 2,000 employees to control expenses
The attrition is in line with the process we follow every year, says company
 "Covid-19 crisis: Indiabulls sacks over 2,000 employees to control expenses")