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Page 31 - Latest Updates on Covid-19

SBI to institute work-from-anywhere infra, hopes to save Rs 1,000 cr

SBI chief said the focus will be on cost reduction, rationalization and reskilling of workforce, improving staff productivity and redeployment of workforce from admin offices to sales roles

SBI to institute work-from-anywhere infra, hopes to save Rs 1,000 cr
Updated On : 14 Jul 2020 | 4:05 PM IST

Foot-operated flushes to ionised AC air, post-Covid train coaches are here

The features, detailed in a booklet circulated by the Railways, include a host of foot-operated fixtures including taps, soap dispensers, lavatory doors, flush valves and door latches

Foot-operated flushes to ionised AC air, post-Covid train coaches are here
Updated On : 14 Jul 2020 | 3:39 PM IST

Infosys Q1 preview: Revenue may dip 4%; magnitude of pricing pressure eyed

The fall in EBIT margin could be limited due to the benefit from rupee depreciation, cut in travel costs, and optimisation on variable costs, according to analysts.

Infosys Q1 preview: Revenue may dip 4%; magnitude of pricing pressure eyed
Updated On : 14 Jul 2020 | 2:22 PM IST

Mindtree gains 1% ahead of Q1 nos; here's what to expect from the IT firm

Travel and Hospitality vertical contributes nearly 16 per cent to Mindtree's total revenues.

Mindtree gains 1% ahead of Q1 nos; here's what to expect from the IT firm
Updated On : 14 Jul 2020 | 2:12 PM IST

Tata Communications hits over 2-year high; stock zooms 112% in 3 months

The stock of the Tata group company was trading at its highest level since December 15, 2017.

Tata Communications hits over 2-year high; stock zooms 112% in 3 months
Updated On : 14 Jul 2020 | 11:12 AM IST

India GDP to fall 7.5% if Covid-19 vaccine delayed, 4% in base case: Report

Many analysts are expecting the Indian economy to contract by 5 per cent in FY21 as a result of the nationwide lockdowns, with some also estimating a contraction of up to 7.2 per cent in the GDP

India GDP to fall 7.5% if Covid-19 vaccine delayed, 4% in base case: Report
Updated On : 14 Jul 2020 | 2:02 AM IST

Covid-19 provisions may consume maximum 1% capital, says YES Bank CEO

The private lender is in the capital market to raise equity worth Rs 15,000 cr via an FPO in the Rs 12-13 price band

Covid-19 provisions may consume maximum 1% capital, says YES Bank CEO
Updated On : 14 Jul 2020 | 1:34 AM IST

Banks to resume wage revision talks with trade union leaders on July 22

Discussions will factor in the impact of the pandemic on banks' finances

Banks to resume wage revision talks with trade union leaders on July 22
Updated On : 14 Jul 2020 | 6:05 AM IST

I-T dept pares relief to taxpayers as revenue mop-up thins amid lockdown

The directive has come in the wake of a significant drop in the direct tax collection in the first quarter of the FY21

I-T dept pares relief to taxpayers as revenue mop-up thins amid lockdown
Updated On : 14 Jul 2020 | 12:11 AM IST

Bullet train project acquires 60% land, but may fail to meet 2023 deadline

Apart from land acquisition, another major cause for concern before the project is cost escalation owing to a fall in the rupee against the Japanese yen.

Bullet train project acquires 60% land, but may fail to meet 2023 deadline
Updated On : 13 Jul 2020 | 11:08 PM IST

Biocon eyes international markets to supply Itolizumab for Covid-19 therapy

Its partner Equillium is planning to carry out a clinical trial in the US, which could lead to huge spike in demand for the product

Biocon eyes international markets to supply Itolizumab for Covid-19 therapy
Updated On : 13 Jul 2020 | 10:48 PM IST

Glenmark cuts price of Covid drug FabiFlu by 27% within a month of launch

Higher yields and better scale allowed a price cut, said Company

Glenmark cuts price of Covid drug FabiFlu by 27% within a month of launch
Updated On : 13 Jul 2020 | 10:33 PM IST

Why Modi govt's plan to help small businesses has done little to save them

Businesses from textiles to sports goods and furniture are shuttered or working at a bare minimum, and cows roam streets that would be normally packed with workers and vehicles

Why Modi govt's plan to help small businesses has done little to save them
Updated On : 13 Jul 2020 | 8:44 PM IST

Tech Mahindra helps bring back over 200 staff and families stuck in US

A chartered flight carrying the employees and their families took off from Fort Worth International Airport on Monday and is expected to land in Hyderabad tomorrow

Tech Mahindra helps bring back over 200 staff and families stuck in US
Updated On : 13 Jul 2020 | 8:43 PM IST

Covid-19: Dharavi adds 6 new patients; active cases now below 100

The civic body has, however, stopped disclosing COVID-19 deaths, if any, in the slum-dominated area since the last month

Covid-19: Dharavi adds 6 new patients; active cases now below 100
Updated On : 13 Jul 2020 | 8:08 PM IST

Russia's Covid-19 vaccine production likely in fall at earliest: Virologist

According to the virologist, a biological preparation has to go a long way with several phases of trials before it can begin industrially produced

Russia's Covid-19 vaccine production likely in fall at earliest: Virologist
Updated On : 13 Jul 2020 | 7:45 PM IST

Eastern Railway coming up with new facility for serious Covid-19 patients

The Eastern Railway is cominp up with a new unit for serious COVID-19 patients at the B R Singh Hospital here, a senior official said on Monday. The city-headquartered zonal railway, which at present treats patients with non-severe symptoms at its Howrah Orthopaedic Hospital, is likely to set up the unit by next week, medical director of B R Singh Hospital, D C Bhuniya said. "We are finalising the nitty-gritties for starting the unit, and the number of beds in it will be decided upon the requirement," he said. Railway employees, retired staff and their dependents will have access to the new facility in Sealdah area. With the number of people infected with COVID-19 increasing, the authorities felt the need for a unit to treat those developing serious symptoms, sources said. B R Singh Hospital was selected as it is the main medical facility of the Eastern Railway, they said.

Eastern Railway coming up with new facility for serious Covid-19 patients
Updated On : 13 Jul 2020 | 6:57 PM IST

Ireland keen to hire Indian health workers, fintech staff: Indian envoy

In a Q&A, Sandeep Kumar says Ireland, with its strategic positioning, can become the next 'speak-to country' for India, post-Brexit, for leveraging its business interests in EU institutional platforms

Ireland keen to hire Indian health workers, fintech staff: Indian envoy
Updated On : 13 Jul 2020 | 6:44 PM IST

July sees more people recovering from Covid-19 than contracting it in Delhi

The recoveries from July 1-12 too have been sharp six days saw recoveries in the range of 2,000, three days in the range of 3,000 while one day (July 9) saw over 4,000 recoveries

July sees more people recovering from Covid-19 than contracting it in Delhi
Updated On : 13 Jul 2020 | 6:33 PM IST

Chinese city on high alert after suspected case of Bubonic plague

The suspected bubonic plague case was reported on Saturday by a hospital in Bayannur

Chinese city on high alert after suspected case of Bubonic plague
Updated On : 13 Jul 2020 | 5:57 PM IST