Page 25 - Covid-19

Apparel retailers to post operating losses in Q1FY21 as revenues plunge 80%

Cost cutting efforts unlikely to offset sharp revenue fall

Number of undernourished people in India fell by 60 mn in 2017-19: UN

In percentage terms, the prevalence of undernourishment in the total population in India declined from 21.7 per cent in 2004-06 to 14 per cent in 2017-19

Human clinical trials for Covid-19 vaccine begin in different sites

The health ministry on Tuesday said the rate of growth in daily Covid-19 cases had declined to 3.24% in July, from over 31% in March, even as India crossed the 900,000-mark for Covid cases.

SBI board to meet on Wednesday for tier-I and II capital raising plans

Plans to double registration for its digital-banking app Yono within next six months, from current base of 24 million

Covid-19: Jobless Americans could lose a crucial $600-a-week lifeline

Policy makers are at a standstill in their talks for more stimulus, and whether to include an extension of the extra unemployment benefits

Pharma industry steps up to cure black marketing of Covid-19 drugs

Some firms are now considering starting their own distribution centres in major cities

Godrej group hikes stake in Sobha to 10% in Q1FY21 via market purchases

Real estate analysts say it could be no more than a portfolio investment; Sobha says not in talks with Godrej

Kerala Covid-19 tally touches 9,000; CM warns of community transmission

Kerala has reached a stage where clusters have been found in Thiruvananthapuram, Malappuram and some other districts

Kejriwal launches Delhi's second plasma bank, says therapy really helpful

Covid-19 patients can donate their plasma 14 days after recovery

ITBP's Covid-19 positive personnel to help in Delhi's largest corona ops

A health care staffer is not present near the patient all the time and hence the ITBP and other CAPFs personnel can intimate them in case a patient requires some help

White House coronavirus task force top member says 'none of us lie'

Trump himself has at times disregarded the advice of his medical experts on the task force and continues to play down the threat from the virus as it spikes across the country

Hyundai likely to reach 90% of last year's sales levels by end of July

Consumer sentiment also improved with the reopening of the sales network and robust demand for various models, especially the recently launched new Creta

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

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

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.

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.

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.

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

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

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