Page 1892 - Coronavirus

L&T Infotech's consolidated net profit rises 13% YoY to Rs 427.5 cr in Q4

Revenue of the Mumbai-headquartered IT services firm rose 21.2 per cent year-on-year to Rs 3,011.9 crore during this period.

Letter to BS: Govt can still make corrections in Covid relief to save lives

The government is probably apprehensive that support to rural labour may induce the disenchanted workers to delay returning to cities for their livelihoods

Letter to BS: Migrant workers could have been provided with food, shelter

For the last seven weeks, millions of migrant labourers, including pregnant women and mothers carrying small children, have been trudging to their homes

Covid-19: Govt's Rs 20-trn rescue package proves to be a damp squib

The reason for discontentment is that the actual fiscal outlay is only a fraction of the amount

PSBs report sharp rise in deposits thanks to YES Bank, Franklin fiasco

Last financial year saw a series of banks failures starting with Punjab & Maharashtra Co-operative Bank and culminated in near collapse of YES Bank, India's 5th-largest private sector bank at its peak

Tragic choices in health care during Covid

We strongly disagree with the ordering of the rationing priorities, with maximisation of lives saved or maximum life-years saved at the top, as it involves favouring the young over the old

Will keep leading virus response after Trump's threat, says WHO chief

Even as Trump has proposed quitting the WHO, the body has received backing and a two-year pledge of $2 billion in funds from China's President Xi Jinping

Centre issues new guidelines for transportation of migrants between states

While issuing the revised SOP, Union Home Secretary Ajay Bhalla said for running 'Shramik' special trains, permission will be given by the Ministry of Railways in consultation with the MHA

As millions of migrants return, will it be a boon or bane for home states?

Govts looking to turn labourers' return into an opportunity, but might have to rely on rural job guarantee scheme in near term

Reality of realty post-Covid-19: Here're factors that may impact growth

With the Covid crisis continuing to wreak havoc in the market, its short-term impact in the coming 6-12 months is likely to be quite a dampener for the recovery of the real estate sector

200 non-AC passenger trains to run daily from June 1; online bookings soon

These trains will have non-air conditioned second class coaches and will run daily

Nestle India's business loss could be more than 30%, says MD Narayanan

Prime Minister Narendra Modi's call for swadeshi was misinterpreted by some. We are here for 108 years. We have 7,200 Indian employees. We work with over 100,000 Indian farmers, says Nestle India CMD

Bharti Airtel to go slow on capex in Q1FY21 amid Covid-19 crisis, Q4 loss

Bharti Airtel reported a consolidated net loss of Rs 5,237 crore in Q4FY20 against a net profit of Rs 107.2 crore in the corresponding quarter last year.

Tariffs unsustainably low, more needs to be done, says Bharti Airtel CEO

Airtel had, on Monday, reported Q4 loss at Rs 5,237 crore, mainly on account of provisioning for paying statutory dues, while its full year losses ballooned to a record Rs 32,183 crore.

India's account surplus to touch $20 bn in FY21 due to Covid-19: Barclays

The country has been perennially struggling with huge current account deficits.

EasyJet reveals hackers accessed 9 mn passengers' travel details, email IDs

It also said that following a forensic investigation, it found that the credit card details of only 2,208 people were accessed and that those affected have already been contacted.

WHO states agree to independent probe of UN agency's coronavirus response

Resolution addresses controversial issue of the origin of the virus, which first emerged in China late last year

10 well-known companies that laid off staff due to coronavirus

Here is the list of major companies that have said they are downsizing their workforce

Govt extends deadline to fulfill contractual obligations by up to 6 months

It further said that the period of extension (three and six months) may be decided based on the specific circumstances of the case and the period for which performance was affected

No consent needed from destination states to run Shramik Specials: Railways

Earlier, a political storm had broken out when Railway Minister Piyush Goyal said that West Bengal, Jharkhand and Chhattisgarh were being laggard in approving these trains