Page 2040 - Coronavirus

Tendering shares gets harder for companies amid coronavirus pandemic

'Due to the Covid-19 crisis and subsequent lockdown, the public shareholder's/ seller's broker(s) are finding difficulty in tendering the shares'

Nifty could shed 22% if lockdown is extended till May: Axis Securities CIO

In a Q&A, Naveen Kulkarni says earnings growth for F21 could go down to minus 15 per cent, depending on the extent of extension

Coronavirus outbreak: Passenger vehicle sales plunge 51% in March

Two-wheeler sales saw a decline of nearly 40%, says Siam

Advertisers blur the line between real life stories and scripted narratives

Experts say brands must tread carefully and the messaging must be sensitive to the emerging situation

Coronavirus impact: Confusion, despair grip MSME cluster in Okhla

A sense of hopelessness pervades the streets in Delhi's Okhla, with row of parked trucks and an ominous silence

Covid an invisible assassin, preserve stability, arrest slump: MPC minutes

They noted that the pandemic hadn't destroyed the economy's production capabilities, and once the situation starts normalising, domestic demand would need to be stimulated swiftly

Liquidity infusion, e-project award top RoadMin revival plan after lockdown

The government will give thrust to the use of technology for speeding up project awards, so that the impact of time lapsed due to the coronavirus disease crisis can be minimised

Economy needs more govt support

Lockdown was a brave decision. Now, policy-making requires a similar display of boldness

Covid-19 pandemic to keep Indian steel exports subdued in near term: ICRA

Since 2014-15, India's steel exports and imports have witnessed a roller coaster run. Both in FY15 and FY16, imports trumped exports significantly

Focus on gradual resumption

Govt should consider the suggestions made by DPIIT

India's only quinine making unit set up in 1874, has been shut since 2001

Covid-19 has triggered a sense of urgency to revive this sick unit, as Hydroxychloroquine, an anti-malarial drug, surfaced as potential medicine to alleviate the symptoms of the disease

Unify the labour market

Time to end divisions between permanent and contract workers

India Inc leans less on foreign debt as weak rupee makes servicing costlier

With the Indian unit having shed 10% to the dollar since January, companies raised $5 bn in March quarter of 2020, against $8.8 billion in the year-ago period

Traders in Chhattisgarh protest agaisnt extension of lockdown, write to CM

Traders in Raipur's biggest commercial centre wrote that an extended lockdown could trigger blood pressure and diabetes, apart from neurological complication

Passenger vehicle sales plunge 51% in March over coronavirus lockdown: SIAM

CV sales dip by as much as 89%, overall auto sales down 45%

Letter to BS: Govt likely to be thinking big with a support package for biz

For sustained momentum, the flywheel has to be big

Letter to BS: Sanitising tunnels in Kerala will do more harm than good

Though people welcomed these initially, many now opine that some of these are unscientific and rather than helping the public

Working capacity at 25% may be unviable as industry awaits end of lockdown

Auto component vendor Nippon Paint India said that at 25 per cent capacity, it will not even meet plant overhead costs, leave alone company overheads.

Letter to BS: Firms will have to return to basics and make a fresh start

The restoration of smooth connectivity between wholesale and retail trade will thus be possible only when consumer confidence is fully restored to pre-Covid-19 scenario

NBFC association to RBI: One-time loan restructuring need of the hour

FIDC has asked the central bank to extend the facility to all customer loans