Coronavirus impact


Covid-19 Impact: Lufthansa Lays Off 103 Of Its 135 Cabin Crew In India

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The German carrier, which operated 42 flights per week to India prior to lockdown, now operates 10 services per week und... Read more

ITC PAT Falls 18.23% To Rs 3,413 Cr In Sept Quarter, Revenues Rise 2%

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Segment revenues in cigarettes during the quarter stood at Rs 5,627.67 crore compared to Rs 5,841.91 crore in the corres... Read more

News Corp Shuts Dozens Of Newspapers In Australia Amid Coronavirus Pandemic

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As a result of the changes, the bulk of News Corp's regional and community titles would move to purely digital publishin... Read more

Lufthansa In Advanced Talks For State Rescue Deal Worth About $10 Billion

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The deal includes state taking a 20% stake in the company Read more

Cash-strapped Blue Star To Raise Rs 300 Crore Via NCDs To Meet Expenses

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The nationwide lockdown has impacted the company's cash flow and the firm needs funds for its business continuity and gr... Read more

Tata Sons To Infuse More Capital Into Five Firms Impacted By Coronavirus

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FY2021 Budget planning upset in all five firms, funds will be used repay dues, keep them well-capitalised and finance pr... Read more

Covid Impact: Domestic Sugar Consumption Likely To Dip 2 Million Tonnes

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According to estimates, domestic institutional sales account for 65-70 per cent of the total sugar sales with the remain... Read more

Drug Shortages In US Market, Compliance Gains Positive For Pharma Exporters

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Shortage of drugs in the US market is at five-year highs Read more

ArcelorMittal India FY20 Steel Output At Record Level Of 7.23 Mn Tonnes

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Production up 5% from last year despite challenging economic conditions, including Covid-19 fallout Read more

Covid 19 Fallout: Faced With Existential Crisis, Hotels Re-imagine Business

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Executive lounges with happy hours and complimentary hors d'oeuvre, free pickups, and complimentary laundry that have be... Read more

Auto Firms Say Won't Make Cars Till There Is Clarity On Retail Sales

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Hyundai, Renault extend suspension of production; Maruti, Tata yet to take a call Read more

Electronics Makers In A Race To Resume Manufacturing But Hurdles Galore

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From satisfying local authorities to meeting requisite workforce and safety parameters, various challenges lie ahead of ... Read more

Covid-19 Impact: BPM Firm Startek CEO To Forgo Cash Salary For 2020

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This makes it one of the first companies in the IT-BPM sector whose CEOs have decided to not take salary Read more

Be Prepared For The Worst Of Covid-19: Venture Capitalists Tell Start-ups

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In an open letter to start-ups, these VCs pointed out that start-up founders will 'inevitably be faced with difficult de... Read more

Covid19 Impact: Steel Companies Struggle With Labour Shortage Post Lockdown

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The public sector steel major is currently operating at 60 per cent production level and will be scaling down gradually,... Read more

Covid-19: E-commerce Firms In A Fix Over Definition Of Essential Goods

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Bigbasket sent out a message to customers that deliveries could not be processed because of restrictions imposed by loca... Read more

Contagion: How Coronavirus May Change India's Entertainment Industry

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Social distancing, future contagions to reduce theatre traction Read more