Page 22 - Covid-19

Covid-19 pandemic disrupts Arvind Ltd's Rs 440 cr cost-cutting plan

Company expects a sharp fall in demand for its products and sagging sales in the first quarter of the current fiscal

Improving outlook, margin performance to support HCL Technologies stock

Valuations too are attractive, at a 35 per cent discount to Infosys

Financial situation very challenging, LWP for staffers win-win: Air India

The national carrier in a press statement said the scheme primarily enables employees to proceed on LWP "on voluntary basis"

Coal India sees 'uncertain' July-Sep as some states still under lockdown

The state-owned miner produced 18.05 MT of coal from July 1 to July 16 against 19.61 MT produced in the same period last year

Wall Street opens higher as investors bet on stimulus-led economic revival

The Dow Jones Industrial Average rose 39.91 points, or 0.15%, at the open to 26,774.62.

June vehicle registrations dip 43% to 967,000; tractors up 10%: Report

A total of 16,93,569 vehicles were registered at regional transport offices across the country in June 2019

World Coronavirus Dispatch: US sets record with 77,000 new cases

Russian spies target vaccine research, Global air passenger slump to last until 2023, UK readies more funds for health sector and other pandemic-related news across the globe

Britannia Q1 pre-tax profit jumps 88% to Rs 737 cr, revenue up 26%

Firm attributes encouraging show to its nimble culture, which helped it quickly adapt to the Covid-19 situation and meet market demand

June FMCG sales back to pre-Covid-19 levels, thanks to rural India: Nielsen

According to Nielsen, both urban and rural sales are growing but the recovery/sales from the undeveloped semi-urban/rural quarters are much faster

1.98 mn people flew domestically in June; airline load factor was low: DGCA

Moreover, the occupancy rate or load factor for five out of six major Indian airlines was between 50 and 60 per cent in June 2020, it said

B'luru police Commissioner isolates self after driver tests Covid positive

Rao said he would get himself tested on Monday, which will be his fifth test in the past three months

Compound found in cannabis may help avert lung damage in Covid-19: Report

CBD, a non-intoxicating cannabinoid found in the ingredients of cannabis (marijuana), may reduce lung inflammation in Covid-19 patients

Bharat Biotech starts human trials of Covid-19 vaccine in PGI Rohtak

Bharat Biotech got the country's drug regulator's approval to start clinical trials of its anti-Corona vaccine Covaxin recently

HCL Tech pegs revenue growth at 1.5-2.5% for FY21; wins 11 deals

The Noida-based firm reported a PBT of Rs 3,862 cr, up 31.7% YoY, while it remained flat sequentially

End of the jumbo: British Airways retires entire Boeing 747 fleet early

BA had been planning to retire the aircraft in 2024 but with passenger numbers decimated this year and forecasts that it will be years before they recover

Demand for herbal plants on the rise in UP during Covid-19 crisis

Many nurseries are now focusing on herbal saplings, setting aside plans to grow fruits, as they see sustained demand even after the pandemic ends

US work visa suspension 'unfortunate'; to have 'minimal impact' on ops: HCL

Larger rival TCS had called the move by the US government "unfortunate and unfair"

Icra sharply revises forecast, expects economy to shrink by 9.5% in FY21

It has earlier estimated a 5% contraction; Q1 may have seen 25% fall

HCL Tech to announce Q1 result today; here's what brokerages expect

HCL Tech, according to ICICI Securities, is expected to report 8 per cent quarter-on-quarter (QoQ) dip in dollar revenues to US$2339 million

Coronavirus LIVE updates: India's case count crosses one million mark

Coronavirus latest news: Total number of Covid-19 cases in India is now at 979,719. Maharashtra has 284,281 cases, Delhi 116,993, and Tamil Nadu 156,369. Stay tuned for coronavirus LIVE updates