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Industry

Retailers say enough stock if there is no panic buying; put restrictions on purchase quantity

However, the company has not put any such restrictions at its big format Big Bazaar stores, where it is dispensing only essential items following the government's decision to impose a lockdown to contain the Covid-19 pandemic.

Candy Crush unlocks unlimited lives for all players during Coronavirus outbreak

Earlier, the game used to give five lives to a player, and a life was lost every time a player failed to clear a level.

Azim Premji’s foundation, Wipro commit Rs 1,125 crore as India battles with coronavirus

As the country continues its fight against coronavirus spread, Wipro Ltd, Wipro Enterprises Ltd and Azim Premji Foundation have committed Rs 1,125 crore combined.

Office space leasing up 4% in January-March; demand to drop in 2020 due to COVID-19: Colliers

The consultant has pegged office space leasing at 45-50 million sq ft during the 2020 calendar year, a drop from 58.6 million square feet achieved during the last year. 

Govt surpasses procurement target from small businesses but fails dismally in buying from these units

Trade, Imports, Exports for MSMEs: Out of 54 ministries listed on the monitoring portal MSME Sambandh, around 16 ministries have surpassed the 25 per cent target for FY20.

EMI moratorium may not be of much benefit to the borrowers; banks to charge interest later

The three-month suspension of EMI payments may not result in a significant gains for borrowers as they will charge interest for the moratorium period.

PhonePe launches coronavirus insurance policy, offers Rs 50,000 cover at Rs 156

The statement said that PhonePe users can purchase the Corona Care policy on the PhonePe app itself, in the ‘My Money’ section.

Credit quality of Indian companies worsened in FY20: ICRA

Domestic credit rating agency Icra said credit quality of Indian companies worsened in fiscal year 2019-20 as it downgraded Rs 7 lakh crore of debt and warned of "unprecedented strain" on credit profiles of corporates due to the coronavirus pandemic.

Planning to buy a new smartphone after coronavirus lockdown? Prepare to pay more as Samsung, Apple, Xiaomi, Realme hike prices

Your next smartphone purchase will cost you more and coronavirus has nothing to do with it. Check updated prices here.

Coronavirus crisis forces UK banks to axe billions in payouts

Britain's top banks have enough capital to weather severe recessions in both Britain and globally, as markets brace for a potentially huge downturn driven by the COVID-19 outbreak, according to the regulator.

Horlicks, Boost will now be brought by makers of Lifebuoy, Surf Excel, Lakme as GSKCH merges with HUL

Popular milk supplement brands Horlicks, Boost will now be brought by the makers of Dove, Pears and Lipton brands, among others as GlaxoSmithKline Consumer Healthcare Limited (GSKCH) has completed merger with HUL.

MSMEs hail RBI’s time extension for receiving payments on exports from Covid-19 hit countries

Trade, Imports, Exports for MSMEs: The RBI said that the extension will help exporters “realise their receipts, especially from COVID-19 affected countries within the extended period.”

BHEL, its employees contribute Rs 15.72 cr to PM-CARES fund

BHEL is fully geared up to offer assistance in whatever way possible in combating this calamity and will keep stepping up its efforts in this direction.

Bank mergers: All branches of Oriental Bank of Commerce, United Bank of India start functioning as PNB branches

A robust risk governance mechanism has been set up to mitigate risks and make the banking experience secure and safe, PNB noted.

GST hike on mobile phones: Xiaomi, Poco devices get costlier in India, other brands likely to follow suit

The government of India recently hiked GST on mobile phones from 12 to 18 per cent, making all upcoming devices potentially more expensive.

5 steps government should take to save MSMEs amid economic slowdown due to Coronavirus

Ease of doing business for MSMEs: Companies, especially the MSMEs, are struggling to keep afloat as their business activities collapse over time. The subsequent lockdowns have virtually shut down the businesses.

Are Mother Dairy milk supplies on track? Check what problems the company faces in lockdown

Mother Dairy, one of the leading dairy companies in Delhi NCR, has said that while supply-chain problems persist for the company due to the lockdown, it is prepared to handle the situation.

WhatsApp may soon let you simultaneously chat on multiple devices, expiring messages also in the works

One of the most used messaging applications, WhatsApp may come up with new features that will allow multi-device support and expiring messages.

Shared ventilators in times of coronavirus: Start-ups can help govt breathe easier

The company has also tied up with Andhra Pradesh MedTech Zone, an enterprise under the Andhra Pradesh government to create capacity for 5,000 more units.

Contactless delivery: Streamlining food delivery in the times of coronavirus lockdown

Predictive logistics platform FarEye has developed software to help e-tailers scale deliveries safely in the current lockdown situation