Page 25 - Latest Updates on Covid-19

Covid-19 impact: L&T pre-tax profit plunges 66% to Rs 894.46 cr in Q1

The company's net profit at Rs 303.14 crore for the quarter under review, was 79 per cent lower than the net profit of Rs 1,472.58 crore reported last year

Indian job seekers slowly losing interest in opportunities in US: Report

The downward trend predates impacts of Covid-19, and corresponds instead with uncertainty around and tightening of the US immigration policy

India responding to Covid-19 crisis with utmost urgency from the start: WHO

The country did not witness an exponential increase in cases like some other countries which reported their first few cases, along with India, said WHO Regional Director (South-East Asia)

As Covid-19 reaches hinterland, is India's rural growth story getting over?

A recent report by Credit Suisse cautions that the spread of Covid-19 infections to Tier-III and -IV cities could stall the growth momentum

Indian hedge funds lag market surge amid Covid spike and lockdown

Hedge funds in India typically come under AIF structures, many are managed to ensure clients' assets are protected and aren't focused on delivering massive returns

Hold MP bypolls through ballots in view of Covid-19: Kamal Nath to EC

Byelections are due in 26 constituencies which have fallen vacant following resignations of 24 MLAs of the Congress, and death of two legislators earlier

74% Indians prefer to continue working from home after Covid-19: Report

At least 74 per cent of people in India say they will continue to work from home more than they did before the Covid-19 pandemic, a new survey revealed

Tier-2 and 3 consumers more hopeful of rebound in retail: KPMG report

Nearly 22 per cent consumers in tier-2 cities and 30 per cent in tier-3 towns feel their spending will either increase or remain the same as prior to Covid-19

Uber installing screens and cockpits in 20,000 cars for safer rides

The ride-hailing firm has already fitted them in 8,000 cars; the cost of installation is borne by Uber, and it comes free of cost to drivers

Covid-19: Punjab's garment industry sees 70% drop in orders for winter wear

Unlike previous years when garment manufacturing units would work at full steam during this time of year, most factories are running at just 30-35% capacities

Covid-19 impact: SC rule out possibility of physical hearings for now

A bench headed by Chief Justice S A Bobde said that a seven-judge committee of the apex court would consider after four weeks the aspect of re-starting physical hearing in the top court

Delhi govt to conduct monthly sero-surveys to tackle Covid-19: Health min

The decision comes after the city government analysed the results of the latest sero-survey which showed that 23 per cent of the people here had exposure to the novel coronavirus.

Migrant workers from India, Nepal 'totally hopeless' as UAE economy buckles

The treatment of migrant workers in the Gulf has come under greater scrutiny, with human rights groups saying conditions have deteriorated because of the coronavirus.

Matrimony.com freezes at 20% upper circuit for second straight day

Foreign portfolio investors (FPIs) increased stake in Matrimony.com to 14.74 per cent in the June quarter from 12.51 per cent in the previous quarter.

Rakesh Jhunjhunwala's portfolio outperforms; net worth over Rs 10,000 crore

His stake in Tata Group-owned watch and jewellery maker - Titan Company - and tractor-maker Escorts remained unchanged.

Covid-19: June passenger vehicle sales dip 38% to 126,417 units, says FADA

Commercial vehicle sales plunged 83.83 per cent to 10,509 units as against 64,976 units in the year-ago period

Sero survey finds 23% of Delhi's population infected with Coronavirus

Covid curve for the national capital begins to see declining trend registering less than 1,000 positive cases on Tuesday

Covid-19 impact: Oyo adopts 'hybrid workplace model' for Indian employees

The hybrid model allows more flexibility to workers, which in return has resulted in a noticeable improvement in overall productivity, the company said

Russian military claims Covid-19 vaccine 'ready' even before key trials

Last week, the Russian Defence Ministry had claimed that it has developed a "safe" adenoviral vector-based vaccine, following clinical trials on a group of volunteers

Mining, construction equipment sector may face 20% volume dip in 2020: Icra

The domestic credit rating agency said it continues to maintain negative outlook for the domestic MCE sector based on the prevailing overall scenario