Page 1961 - Coronavirus

Covid-19 lockdown isn't flattening India curve as in Italy or Spain

India reported 1,909 new coronavirus cases on Tuesday

Tata Motors rally unlikely to last, analysts sceptical on China momentum

The scaling up of operations comes as a relief given that auto sales in China had dropped 80 per cent year-on-year in February and 40 per cent in March

Lockdown 2.0: India's confirmed coronavirus cases cross 30,000-mark

However, the number of deaths per 100 cases is lower than most other countries.

HUL's Q4 numbers a warning signal for those investing in the FMCG sector

With a 7% fall in volumes, topline declined by 9% and pre-tax profit by 11%; analysts see more pressure in coming quarters

Home ministry to take call on passenger trains to transport migrants soon

According to media reports, Indian Railways has lined up a plan to run at least 400 trains for the movement of stranded labourers across the country

Covid-19 impact: Credit growth decelerates in almost all sectors in March

SBI, however, notes that incremental credit to industry is highest in 147 months

India's gold demand slumps to 11-year low of 102 tonnes in March quarter

Investment demand, though lower by 17%, was relatively better as sentiments towards equities turned negative and investors turned to gold's liquidity and safe haven status

Chemists not to sell cold, flu medicines without valid prescriptions

Around five states asked medical shops to keep a record of patients who buy medicines for fever, cough and cold

Fitch downgrades viability rating for four banks on Covid-19 impact

Affirms Issuer Default Ratings for seven banks including these four and Bank of India, Canara and PNB

Equities find their feet after March rampage on reassurance from Fed

Bourses cap April with 14.7% gains, best since '09

Indian air traffic down 33% in March, with zero passengers in last six days

Flights were grounded for seven days in March but weak sentiments worsen fall

Covid-19 outbreak: How states are getting back to work amid lockdown

Several states are preparing to resume operations from May 4

Fed, Covid-19 drug hopes lift indices; monthly gains at 11-year high

Stocks opened gap-up after a sharp rally on the Wall Street overnight, and managed to hold on to most gains despite banking stocks, the index heavyweights, underperforming

E-pass has use cases beyond Covid-19: eGovernments Foundation CEO

Non-profit body eGovernments Foundation has developed an electronic pass, or e-pass, to help governments at various levels to manage people movement

Coronavirus outbreak: Recovery rate rises from 13% to 25% in 14 days

More than 78% who died had co-morbidities; 60+ age group accounts for 51% of deaths, 45-60 age group for 35% of deaths

TCS snatches most-profitable tag from Reliance Industries after 6 years

The Mukesh Ambani-controlled conglomerate, however, remains miles ahead of TCS in other financial parameters such as total revenue, operating profit, net worth, assets, and m-cap.

A post-Covid digital era

Companies which had leveraged technology and automation during normal course have been better placed to manage the situation during Covid

Techies boning up on new techs to deal with future challenges in job market

With experts forecasting a tight job market in the Covid-19 world, mid-career techies are signing up for professional certification e-learning courses to pick up additional skills

RIL oil unit staff face big pay cuts; Ambani to forgo entire year's salary

His company will cut 10 per cent from hydrocarbons segment employees who earn above Rs 15 lakh per annum.

SoftBank Group sees wider loss of $8.4 billion on WeWork write-down

The Japanese company made the announcement in a statement Thursday, citing more than 1 trillion yen of non-operating losses from investments held outside of its $100 billion Vision Fund.