Page 2056 - Coronavirus

Singapore Airlines offers full refund, bonus credit for cancelled flights

The enhanced options are available to affected customers who bought tickets on or before March 15 for travel from January 24 to May 31

Kotak Bank leadership team takes 15% pay cut for the financial year 2020-21

Uday Kotak, managing director and chief executive officer of the bank opted to forgo his salary, and will receive Re 1, the statement said

Britannia factories running at 25% capacity utilisation amid lockdown

The company is holding an inventory of up to 11 days which is witnessing a depletion for the past one week

Coronavirus outbreak: Quick USFDA approvals for asthma drug makers

Cipla gets nod for drug from USFDA earlier than expected; Lupin in fray

Debt schemes see worst ever outflows in FY20; liquid funds suffer most

Net outflows were seen across debt categories, with liquid schemes accounting for Rs 1.1 trillion of outflows

Internationalising the Covid-19 crisis

If the international community wants to avoid a wave of defaults, it must develop a rescue plan immediately

Industry shutdown must end

Industry must be allowed to resume operations in areas other than the identified hotspots with proper safety guidelines in place as soon as possible

Covid-19 impact: Punjab govt clears 20 mn metric tonnes of grain stock

In order to ensure food availability to the poor amid Covid lockdown, the Centre is giving an increased allocation of 5 kg food grains per person and one kg of pulses per household

A responsible consumer

Strategic oil reserve is an important tool during ongoing crisis

Delhi govt asks trade unions to help find labour amid coronavirus outbreak

State governments, particularly those like Delhi that witnessed an exodus of migrant workers after the lockdown was announced

Coronavirus outbreak: Maharashtra reports over 200 new cases, 25 deaths

The bulk of new cases were reported in Mumbai; APMC, Vashi fruit and vegetable market to shut

DHFL promoters found at farmhouse, detained for violating lockdown order

Police found 23 people including members of the Wadhawan family at their farmhouse, an official said.

Coronavirus to derail affordable housing segment's growth momentum

The current situation has sparked fears around income generation and employment which are going to put further strain on the sales

Govt approves Rs 15,000 crore emergency health fund to fight coronavirus

No Customs duty, health cess on ventilators, masks, PPE, and Covid-19 test kits for 6 months

Coronavirus lockdown: IOC raises LPG imports by 50% amid rise in demand

The company said that the move was to ensure uninterrupted availability of bulk LPG for its bottling plants.

Coronavirus lockdown: IBM India says 99% workforce now working from home

The company provided the option to work remotely to most of its employees even before countries began going under lockdowns

Covid-19 impact: Govt begins mapping of migrant workers for relief measures

The government wants to create a database of millions of such workers to ascertain whether a relief package could be announced for the most affected segment of the workforce

FMCG to remain pricey for a long time despite coronavirus outbreak

Amidst growth concerns in other sectors, better earning visibility and cash surplus position provide comfort

Calling the market-bottom is a mug's game, says Aberdeen's Hugh Young

It feels as though this is going to go on for a fair old time, he said

Amid market weakness, delivery-based trades hit an 11-month high in March

Among sectors, stocks of banks, cement, chemicals, engineering, agro chemicals, automobiles, fast moving consumer goods (FMCG), sugar, aviation have seen increase in delivery-based trades.