Coronavirus


The Fed Is On 'wartime' Footing And Still May Be Asked To Do More

AMERICA - Published date: .

The moves go beyond anything the Fed during the financial crisis in 2008-09, both in scope and speed. Read more

Covid-19: Tyre Companies Face Rising Inventories, Plan Production Cuts

Banking - Published date: .

The lifting of tyre stock from factories and transporting the same to auto manufacturers came to a grinding halt after t... Read more

Covid-19 Woes: IndiGo To Discontinue On-board Meal Service, Says CEO

Banking - Published date: .

The company will also run its airport buses at 50 per cent capacity when service resumes Read more

Industry To Face 'new Normal' Once Covid-19 Crisis Ends: Suresh Narayanan

Banking - Published date: .

Apart from adapting to changes like remote workplaces and stricter hygiene measures at manufacturing units, the crisis m... Read more

Air India Afloat Despite 'crippling Effect' Of Covid-19, Says Rajiv Bansal

Banking - Published date: .

Bansal, in a message on Thursday, also assured the employees of providing all the "essential armoury" in carrying out ev... Read more

Coronavirus To Derail Affordable Housing Segment's Growth Momentum

Banking - Published date: .

The current situation has sparked fears around income generation and employment which are going to put further strain on... Read more

Unlisted NCDs May Be Treated As Terms Loans, Carry RBI Moratorium Benefit

Banking - Published date: .

Sebi is likely to allow corporate houses to treat unlisted non-convertible debentures as 'term loans'. Read more

Cognizant Withdraws FY20 Revenue Growth Guidance Amid Coronavirus Lockdown

Banking - Published date: .

Firm builds up war chest by drawing down $1.7 bn worth of revolving credit Read more

Marico, Godrej Consumer May See Revenue Decline In Q4 Due To Lockdown

Banking - Published date: .

Marico said it would see a "modest decline" in its Ebitda for the March quarter due to an unfavourable product mix Read more

IT Sector Braces For A Rough Ride As ISG Predicts Delay In Client Spending

Banking - Published date: .

According to ISG, the demand contraction is likely to be felt the most in the second quarter (April-June) period of this... Read more

Coronavirus Lockdown Likely To Adversely Impact Titan's FY21 Revenue

Banking - Published date: .

Growth in the segment, which accounts for over 80 per cent of the consolidated sales, was robust in January and February... Read more

Britannia Factories Running At 25% Capacity Utilisation Amid Lockdown

Banking - Published date: .

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

Bill Gates: Schools Will Reopen In The Fall, But Economy Won't Magically Return To The Way It Was

AMERICA - Published date: .

The Microsoft co-founder sees poor students getting hit the hardest as schools close down across the U.S. Read more

US Weekly Jobless Claims Jump By 6.6 Million And We've Now Lost 10% Of Workforce In Three Weeks

AMERICA - Published date: .

That brings the total claims over the past three weeks to more than 16 million. Read more

Private Labs To Ask SC For Relief On Directive To Offer Free Covid Tests

Banking - Published date: .

Thyrocare, Paras Healthcare, and Neuberg say if free tests are to be provided, help is needed from different agencies Read more

Kotak Bank Leadership Team Takes 15% Pay Cut For The Financial Year 2020-21

Banking - Published date: .

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

Coronavirus Outbreak: Quick USFDA Approvals For Asthma Drug Makers

Banking - Published date: .

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

Coronavirus Lockdown: IBM India Says 99% Workforce Now Working From Home

Banking - Published date: .

The company provided the option to work remotely to most of its employees even before countries began going under lockdo... Read more

Work From Home A Success For Many Companies, May Become New Normal

Banking - Published date: .

This period will serve as a reckoning for remote work and may help to spur on digital transformation Read more

Uber Starts Disbursing Money To Drivers From Rs 25 Cr Dedicated Corpus

Banking - Published date: .

Firm also plans to roll out hospital cash insurance for its drivers, covering Covid-19 and other illnesses requiring hos... Read more