Page 1965 - Coronavirus

Microsoft revenue beats estimates as Covid-19 crisis boosts cloud business

Microsoft benefited from strong demand for its Teams collaboration software, which now has 75 million users

New Covid-19 guidelines giving relaxations to be in effect from May 4: MHA

This is in the backdrop of the second phase of nationwide lockdown, which is slated to end on May 3

Covid-19: Registration forms released to repatriate Indians from the US

This registration exercise would help the Government of India to obtain relevant information in respect of Indian nationals wishing to travel to India for "compelling" reasons

Apple, Google release coronavirus contact tracing APIs to select developers

The release is to encourage feedback that will help improve various features of the framework before the final rollout

Pharma index set to post its biggest monthly gain in 21 years amid Covid-19

Analysts, however, do caution against the rich valuation the pharma index and the stocks are trading at

One month of bank merger: Coronavirus lockdown proves a dampener

On April 1, Punjab National Bank (PNB) took over Oriental Bank of Commerce (OBC) and United Bank of India (UBI) to become the country's second-largest lender after SBI in terms of business

Covid-19: Zuckerberg endorses Silicon Valley lockdown, Musk sees 'fascism'

Zuckerberg expresses concerns about easing lockdown measures. Musk calls the move 'anti-democratic'

Stocks up, warehouses shut: Weal and woes of Amazon Inc during Covid-19

The company's website hit 2.54 billion visitors in March, which is a 65 per cent jump from the same period last year

World coronavirus dispatch: Who's liable if those back at work become sick?

From Google parent exceeding market expectations in a virus-ravaged quarter, to Uber considering lay-offs and restaurateurs in the US demanding govt support - read these and more in today's dispatch

Best of BS Opinion: Monetary policy framework, Covid-19 outbreak, and more

Here's a selection of Business Standard opinion pieces of the day

Oil prices surge more than 10% after US crude storage build slows

US West Texas Intermediate (WTI) crude futures settled at $15.06 a barrel, jumping $2.72, or 22 per cent

Wall Street rallies on promising coronavirus drug; Dow, S&P rise over 2%

Big tech companies provided the biggest lift to the S&P 500 and the Nasdaq,

From overweight to underweight, how sentiments have changed for banks

Large brokerages are fast losing their conviction on the sector that has multiple challenges

State Bank of India completes promotion exercise, elevates 14 to Dy MD

Given the extended lockdown, the bank extensively used its digital platform, including video conferencing, to carry out the performance review and promotion exercise

Punjab CM announces 4-hour curfew relaxation, extends lockdown for 2 weeks

Lockdown/curfew will stay for two more weeks. Then we will see the situation, said Singh

Global business bodies nudge FM Sitharaman to defer equalisation levy

The bodies have also approached the US Trade Representative to call for discussion on India's move to impose equalisation levy while the matter is still under discussion at international level.

Policy credibility

Monetary policy framework should not be undermined

Covid-19 outbreak: West Bengal readies ground for life after lockdown

Electronics, stationery, tea stalls, and paint and hardware stores to open from Monday

Oyo to offload more loss-making hotels amid Covid-19 outbreak: Report

The hospitality sector has been one of the worst affected by the coronavirus outbreak, with global and domestic travel coming to a near-halt

Boeing to cut staff, boost liquidity with recovery not coming anytime soon

Chicago-based Boeing burned through $4.7 billion in cash in the first quarter but said it was confident of getting sufficient liquidity to fund its operations