Page 1909 - Coronavirus

Changes in consumer behaviour to drive brands to rethink positioning norms

The pandemic is changing consumer behaviour say experts, forcing marketers to rethink the differentiators between mass and premium brands

Letter to BS: Modi needs a trouble shooter to push forward reforms

Prime Minister Narendra Modi's reforms today would be better served by the gift of insight and pervasive intermediation of the likes of an Arun Jaitley

President Kovind to forgo 30% salary, defer limousine purchase

The president's travel will be cut down. He will use technology to reach out to people

MakeMyTrip partners premium hotels to launch online delivery service

With dine-in experiences coming to a halt due to the coronavirus pandemic-triggered lockdown, the company aims to bring culinary experiences from top restaurants to the doorstep of customers

Govt pumps Rs 30,000 crore into Nabard, offers Rs 2-trn loan to farmers

Brings 25 million farmers under concessional loan scheme; experts say these measures do nothing to address basic problem of low farm prices and falling demand

Govt's piecemeal steps of little use, migrants need immediate help: Experts

No announcement on guaranteed minimum basic income which is the need of the hour, no immediate gains from ration card portability, they say

Deep Dive with AKB: Govt's Rs 20-trn package to fight Covid-19 slump

How large Modi’s economic package really is? From where will the govt get the money to finance it? What did the PM really imply when he spoke of ‘Atma-nirbhar’ Bharat? Let’s take a Deep Dive with AKB to understand.

Sebi relaxes 25% minimum public shareholding norms, deadline postponed

Experts said Sebi's relaxation would also benefit companies where promoter holding had increased beyond 75 per cent because of open offers or other acquisitions.

Kerala govt announces special package for MSMEs amid Covid-19 crisis

KSIDC will offer a moratorium on loans and interest to all operating units for three months without penal interest. The Corporation will also offer loans above Rs 50 lakh to MSMEs

Despite lockdown relaxations, courier industry stares at bleak future

The courier industry in India is made up of varied players starting from large multinational firms such as DHL, United Parcel Service (UPS) and FedEx India to domestic firms comprising Blue Dart, DTDC

Antiviral drugs see demand surge in India, but segment declines 5.5%

Data from market research firm AIOCD-AWACS shows that sales of oseltamivir (common brand Tamiflu), used against the influenza virus and also for swine flu, went up by 35.8 per cent in April

Wipro unveils sanitisation walkways, robots to fight the coronavirus

Developed in four weeks, these walkways have already been installed at Wipro's campuses and factories. The walkway has been priced between Rs 1-1.3 lakh per unit

Manappuram Finance posts 30% growth in profit before tax in Q4FY20

Profit before tax from gold loan and others grew 44.5 per cent to Rs 459.47 crore during the quarter, as compared to Rs 317.97 crore during same quarter a year ago

Uber ramps up distribution of PPE kits, starts safety awareness campaign

Uber said it had sourced more than 3 million three-ply face masks, 1.2 million shower caps, 200,000 bottles of disinfectants and 200,000 bottles of sanitisers for free distribution

Equitas SFB posts 8.4% rise in FY20 pre-tax profit, income up 22%

Bank has made a provision of Rs 99.63 cr for the period ended March 31, 2020, based on assessment of recoverability of advances

E-commerce firms may get to sell secondary essentials in red zones: Reports

Consumers in red zones say they want to buy gadgets, home supplies and office and school supplies post upcoming lockdown relaxations.

Delhi sees highest single-day Covid-19 spike; cases jump by 472 to 8,470

Of the total number of deceased patients, 59 were aged 60 and above, accounting for over 51 per cent of the fatalities, the bulletin said

Vande Bharat phase-2: 149 flights to bring Indians home from 31 countries

Second phase from May 16 to 22; so far some 12,000 nationals have been brought back

No limousine, 30% salary cut among austerity steps announced by President

According to the officials, these measures will result in the saving of around Rs 40-45 crore annually by the Rashtrapati Bhavan which has a yearly budget of more than Rs 200 crore

Market Wrap, May 14: Here's all that happened in the markets today

Sectorally, IT stocks took the biggest knock as the Nifty IT index declined 3.5 per cent to 13,293.70 levels. Nifty Bank lost 566 points or nearly 3 per cent to 19,068.50 levels