2 Reliance Power reports consolidated net loss of Rs 4206.38 crore in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 17:40:00 +0530 Sales rise 13.39% to Rs 1798.05 crore Full Article
2 Swaraj Engines standalone net profit declines 4.86% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 17:48:00 +0530 Sales decline 8.53% to Rs 175.13 crore Full Article
2 Reliance Capital reports consolidated net loss of Rs 2124.00 crore in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 18:12:00 +0530 Sales decline 33.91% to Rs 3580.00 crore Full Article
2 Reliance Infrastructure reports consolidated net loss of Rs 153.84 crore in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 22:47:00 +0530 Sales decline 9.01% to Rs 3625.86 crore Full Article
2 Assembly Elections 2016: Exit polls show Mamata may buck anti-incumbency trend By www.business-standard.com Published On :: Tue, 17 May 2016 09:34:00 +0530 Most exit polls see loss for Jaya; Assam for BJP; left turn for Kerala Full Article
2 Assembly Polls 2016 results: Counting of votes begins in 4 states By www.business-standard.com Published On :: Thu, 19 May 2016 07:30:00 +0530 The counting of votes will decide the fate of approximately 8,300 candidates Full Article
2 Tamil Nadu Assembly polls: AIADMK leads in 5 seats, DMK in 2 By www.business-standard.com Published On :: Thu, 19 May 2016 09:22:00 +0530 AIADMK was leading in Mayiladuthurai, Poompuhar, Sankari, Udhagamandalam and Athur, the EC said Full Article
2 Assembly Elections 2016: 5 stars who made a difference By www.business-standard.com Published On :: Fri, 20 May 2016 00:40:00 +0530 A look at key faces who helped their parties cross the finish line Full Article
2 Assembly elections 2016 results: BJP spreads wings, Congress shrinks By www.business-standard.com Published On :: Fri, 20 May 2016 07:20:00 +0530 BJP wins in Assam, opens account in Kerala; Congress loses two states; Left sweeps Kerala; Mamata decimates Opposition in West Bengal Full Article
2 Jayalalithaa to be sworn in as CM on May 23 By www.business-standard.com Published On :: Sat, 21 May 2016 20:28:00 +0530 28 others, including her trusted lieutenant and Finance Minister in outgoing Cabinet O Panneerselvam, to also take oath Full Article
2 Railways' budgetary support may be up 12% By www.business-standard.com Published On :: Wed, 21 Dec 2016 00:49:00 +0530 From the next financial year, the railways will not have to pay any dividend, which will save the carrier approximately Rs 10,000 cr Full Article
2 Railways might miss capex target by over 20% By www.business-standard.com Published On :: Sat, 21 Jan 2017 02:34:00 +0530 But rail officials expect to achieve at least last year's actual, which is close to Rs 1 lakh crore Full Article Premium
2 Dr Reddy's Labs hits 52-week high after Srikakulam facility gets EIR from USFDA By www.business-standard.com Published On :: Fri, 08 May 2020 10:27:00 +0530 Dr. Reddy's Laboratories jumped 4.84% to Rs 4020 after the company said its manufacturing plant at Srikakulam in Andhra Pradesh received the Establishment Inspection Report (EIR) from US drug regulator. Full Article
2 ICICI Securities firms up after Q4 PAT rises 28% to Rs 156 cr By www.business-standard.com Published On :: Fri, 08 May 2020 11:29:00 +0530 ICICI Securities jumped 3% to Rs 388.30 after consolidated net profit rose 28.3% to Rs 155.88 crore on a 12.5% rise in total income to Rs 481.94 crore in Q4 March 2020 over Q4 March 2019. Full Article
2 Adani Gas gains after Q4 PAT jumps 60% to Rs 121.41 cr By www.business-standard.com Published On :: Fri, 08 May 2020 15:06:00 +0530 Adani Gas rose 3.55% to Rs 107.85 after standalone net profit surged 61% to Rs 122 crore on 1% fall in revenue from operations to Rs 490 crore in Q4 March 2020 over Q4 March 2019. Full Article
2 Quick Wrap: Nifty Pharma Index rises 2.13% By www.business-standard.com Published On :: Fri, 08 May 2020 16:00:00 +0530 Powered by Capital Market - Live News Full Article
2 How the 2020 Presidential Campaign Is Starting to Resume By Published On :: Mon, 04 May 2020 09:30:00 GMT As fears of the novel coronavirus spread through the U.S., the high-contact tradition of presidential campaigning came to a halt. WSJ's Gerald F. Seib explains what Americans may see as campaigning resumes. Photo: Shutterstock/Zuma Press Full Article
2 Mahindra Holidays & Resorts India reports consolidated net loss of Rs 164.57 crore in the March 2020 quarter By www.business-standard.com Published On :: Sat, 09 May 2020 14:54:00 +0530 Sales decline 2.83% to Rs 616.61 crore Full Article
2 Adani Transmission consolidated net profit declines 35.72% in the March 2020 quarter By www.business-standard.com Published On :: Sat, 09 May 2020 15:15:00 +0530 Sales rise 25.20% to Rs 3186.96 crore Full Article
2 ICICI Bank consolidated net profit rises 6.92% in the March 2020 quarter By www.business-standard.com Published On :: Sat, 09 May 2020 16:53:00 +0530 Total Operating Income rise 11.47% to Rs 21740.68 crore Full Article
2 Avantel standalone net profit rises 27.55% in the March 2020 quarter By www.business-standard.com Published On :: Sat, 09 May 2020 16:53:00 +0530 Sales rise 49.79% to Rs 21.69 crore Full Article
2 HDFC Asset Management Company standalone net profit declines 9.54% in the March 2020 quarter By www.business-standard.com Published On :: Sat, 09 May 2020 18:50:00 +0530 Sales decline 2.13% to Rs 476.13 crore Full Article
2 Govt raises market borrowing plan to Rs 12 lakh crore for FY2021 By www.business-standard.com Published On :: Sat, 09 May 2020 00:10:00 +0530 RBI issues revised Calendar for issuance of Marketable Dated Securities for the remaining period of H1 (11 May - 30 September 2020) Full Article
2 ICICI Bank Q4 PAT rises 26% to Rs 1221 cr By www.business-standard.com Published On :: Sat, 09 May 2020 17:06:00 +0530 ICICI Bank on Saturday (9 May 2020) said its net profit rose 26.04% to Rs 1,221.36 crore on 12.09% rise in total income to Rs 23,443.66 crore in Q4 March 2020 over Q4 March 2019. Full Article
2 2 arrested in slaying of Michigan guard over face mask order By www.business-standard.com Published On :: Sat, 09 May 2020 08:56:56 +0530 Two men were arrested Friday in the fatal shooting of a security guard who demanded a woman wear a mask while shopping at a store. Genesee County authorities said Ramonyea Bishop, 23, was taken into custody at an apartment in Bay City. His alleged accomplice, Larry Teague, 44, was arrested Thursday near a motel in Houston. The men and Sharmel Teague, the wife of Larry Teague, are charged with first degree murder in the May 1 shooting of Calvin Munerlyn at a Family Dollar store in Flint. Munerlyn was shot at the store just north of downtown Flint a short time after telling Sharmel Teague's daughter she had to leave because she lacked a mask, according to Genesee County Prosecutor David Leyton. Teague argued with Munerlyn, 43, before leaving. Two men later came to the store and allegedly shot the security guard to death.. Bishop's sister, Brya Bishop, was previously charged with tampering with evidence, lying to police and being an accessory to a felony. Leyton has said she attempted to Full Article
2 Growatt ranked No.8 for global PV inverter shipments in 2019 By www.business-standard.com Published On :: Sat, 09 May 2020 11:54:52 +0530 / -- In 2019, global PV inverter shipments increased by 18% on a YOY basis with total shipments reaching 126,735 MW according to the report released by Wood Mackenzie. Growatt shipped a total capacity of over 5GW for the year and ranked No.8 among the inverter suppliers. The company has been pursuing a global strategy of localization in recent years and has gained strong growth momentum across the world. "Over the years, we've established 13 offices and warehouses worldwide, and we've also built strong and experienced local teams in key markets," said Lisa Zhang, Growatt Marketing Director. "Besides our extensive service network, we've developed the X generation inverters, which feature high efficiency, safety, intelligence as well as elegant design. These advanced PV solutions have brought us additional advantages over other suppliers in the market." Growatt has been present in Europe for 10 years and its products are well received in the region for its high efficiency, superior ... Full Article
2 Temuera Morrison to play Boba Fett in 'The Mandalorian' S2 By www.business-standard.com Published On :: Sat, 09 May 2020 11:54:56 +0530 Temuera Morrison will be making a return to the "Star Wars" universe as the actor is set to play Boba Fett in the second season of Disney Plus series "The Mandalorian". Morrison, 59, had earlier played the role of Jango Fett, the father of Boba Fett, in George Lucas' 2002 movie"Star Wars: Attack of the Clones". Boba Fett is a famed bounty hunter who first appeared on the big screen in 1980's"Star Wars: The Empire Strikes Back" and later in "Return of the Jedi". Jeremy Bulloch had essayed the role in the original films. According to The Hollywood Reporter, Morrison will have a small role as Boba Fett. The character also had a cameo appearance in the first season of "The Mandalorian". The show takes place after the events of "Return of the Jedi",in which fans saw Boba Fett die in sarlacc pit. "The Mandalorian" is set after the fall of the Empire and before the emergence of the First Order. The series depicts a lone bounty hunter in the outer reaches of the galaxy far from the authority . Full Article
2 US awards border wall contract in Texas to begin in 2021 By www.business-standard.com Published On :: Sat, 09 May 2020 12:40:53 +0530 The U.S. government has awarded a $275 million border wall contract for construction that would begin in South Texas in January, at the start of President Donald Trump's second term if he is re-elected. Caddell Construction Company, based in Montgomery, Alabama, won the contract to build 14 miles (22.5 kilometers) of barriers in and around Laredo, Texas, a city of 260,000 people on the Rio Grande, the river that runs between Texas and Mexico. U.S. Customs and Border Protection announced the contract award Friday night using funds it had previously received from Congress rather than military funding re-directed to the wall. The CBP said construction would begin in January 2021 pending availability of real estate. There is little existing wall separating Laredo and its sister city of Nuevo Laredo, Mexico. Much of the planned construction would cut through private land in neighborhoods close to the edge of the Rio Grande, requiring the government to take property through its power of ... Full Article
2 European 2021 equestrian championships cancelled By www.business-standard.com Published On :: Sat, 09 May 2020 17:52:59 +0530 European equestrianism on Saturday became the latest sport to adjust its calendar because of the postponement of the Olympics with the announcement that it had cancelled its 2021 eventing championships. With the Tokyo Games put back to next summer, other sports that had planned major championships for 2021 have been forced to react. The European equestrian championships were scheduled for Haras du Pin in Normandy from 11 to 15 August, which meant they were due to start just three days after the rearranged Olympics ends. The French equestrian federation, which announced the cancellation in a press release, said a postponement had been considered but rejected and, instead, Haras du Pin was "positioning itself for the organisation of the European Eventing Championship in 2023." Eventing sees a single rider and mount compete at show-jumping, dressage and cross-country. Full Article
2 Seoul shuts down more than 2,100 nightclubs By www.business-standard.com Published On :: Sat, 09 May 2020 19:46:56 +0530 South Korea's capital has shut down more than 2,100 nightclubs, hostess bars and discos after dozens of coronavirus infections were linked to club goers who went out last weekend as the country relaxed social distancing guidelines. The measures imposed Saturday by Seoul Mayor Park Won-soon came after the national government urged entertainment venues around the nation to close or otherwise enforce anti-virus measures, including distancing, temperature checks, keeping customer lists and requiring employees to wear masks. Park said the entry bans on the facilities will be maintained until the city concludes that risks of infection have been meaningfully lowered. South Korea's Centers for Disease Control and Prevention, or KCDC, said earlier in the day that 18 new cases were reported in the 24 hours to midnight Friday, all but one of them linked to a 29-year-old man who visited three clubs in Seoul's Itaewon district last Saturday before testing positive days later. But Park said 16 more Full Article
2 First repatriation flight from London takes off for Mumbai with 326 Indians By www.business-standard.com Published On :: Sat, 09 May 2020 19:48:53 +0530 The first Air India flight from the UK, as part of the Vande Bharat Mission to repatriate Indians stranded overseas due to the coronavirus lockdown, took off from London's Heathrow Airport on Saturday with 326 passengers to Mumbai. The packed flight took off with Indian students and tourists, who were seen queuing with their luggage at the airport from early on Saturday as they prepared for the journey home. Each one of them underwent temperature tests before boarding and face 14 days of quarantine at a hotel or other location designated by the Maharashtra government on landing, with those details to be made available on arrival in Mumbai in the early hours of Sunday. While there is no social distancing possible on the packed flight, Air India is providing a kit for all passengers confirmed to fly, with meals, snacks, sanitizer, mask and gloves. Finally going back to India! Although it was at the last moment but I was lucky enough to get the ticket of the first flight to India under .. Full Article
2 Assam govt hikes excise duty on IMFL by 25 per cent By www.business-standard.com Published On :: Sat, 09 May 2020 00:26:52 +0530 The Assam government has decided to increase the excise duty on Indian Made Foreign Liquor (IMFL) by 25 per cent, state Industry Minister Chandra Mohan Patowary said after a Cabinet meeting on Friday. This will generate an additional income of Rs 1,000 crore for the state to meet the unexpected financial burden and expenditure arising out of the COVID-19 crisis, he said. Many states, such as Uttar Pradesh, Andhra Pradesh and Delhi have already hiked liquor prices to give boost to their fledging revenue income. The Cabinet also decided that the tea industry will start operation in full strength maintaining social distancing norms as against the 50 per cent work force deployed since April 13. At meeting the Cabinet also decided to give nod to the Assam Agricultural Produce and Livestock Marketing (Promotion and Facilitation) Ordinance, 2020, and repeal the Assam Agricultural Produce Marketing Act 1972. It further decided that the government will release fund for salary of Assam ... Full Article
2 Record single-day spike of 21 cases push Jharkhand COVID-19 tally to 153 By www.business-standard.com Published On :: Sat, 09 May 2020 00:36:52 +0530 Jharkhand on Friday reported its highest single-day spike in COVID-19 cases with 21 people testing positive, taking the total number of infections to 153 in the state, officials said. Of the total 455 swab samples tested during the day, 21 tested positive for COVID-19, said the Director of the Rajendra Institute of Medical Sciences (RIMS), Dr D K Singh. He said 25 more people recovered from the infection, bringing the total number of cured people in the state to 77. The officials did not provide any details of the 21 people who tested positive for COVID-19 in the state on Friday. Since the outbreak of the pandemic on March 31 in the state, two persons have died of the infection while one COVID-19 patient died due to underlying health condition after testing negative. Full Article
2 17 fresh COVID-19 cases in Odisha; total rises to 287 By www.business-standard.com Published On :: Sat, 09 May 2020 09:30:53 +0530 Odisha on Saturday reported 17 new COVID-19 cases, taking the total number to 287, the Health and Family Welfare Department said. Twelve new cases were reported from Ganjam district, three were detected in Mayurbhanj and one each in Bhadrak and Sundergarh district, it said. The total number of infected people rose to 83 in Ganjam district. The number of cases in Bhadrak stood at 25 and total 13 cases were detected in Sundergarh. At present, there are 222 active cases in the state and 63 people have recovered. Two people from Bhubaneswar have succumbed to the disease, an official said. There are currently 298 people in hospital isolation in the state, he said. The state health department had on Friday conducted 3,348 tests for COVID-19, he said, adding that Odisha has so far tested 56,322 samples. As per an analysis by the department, 240 of the state's total 287 cases have been reported from five districts. Ganjam reported 83 cases, Jajpur 55, Khurda 50, Balasore 27 and Bhadrak 25. In Full Article
2 Death toll due to COVID-19 rises to 1,981; cases climb to 59,662 By www.business-standard.com Published On :: Sat, 09 May 2020 09:42:55 +0530 The death toll due to COVID-19 rose to 1,981 and the number of cases climbed to 59,662 in the country on Saturday, registering an increase of 95 deaths and 3,320 cases in the last 24 hours, according to the Union health ministry. The number of active COVID-19 cases stood at 39,834, while 17,846 people have recovered and one patient has migrated, it said. "Thus, around 29.91 per cent patients have recovered so far," a senior health ministry official said. The total number of cases also include 111 foreign nationals. A total 95 deaths deaths were reported since Friday morning, of which 37 in Maharashtra, 24 in Gujarat, nine in West Bengal, seven in Madhya Pradesh, four each from Rajasthan and Uttar Pradesh, three from Andhra Pradesh and Tamil Nadu and two from Delhi and one each from Punjab and Haryana. Full Article
2 Tally of Nashik's COVID-19 patients grows by 50 to 622 By www.business-standard.com Published On :: Sat, 09 May 2020 10:59:01 +0530 The number of coronavirus positive cases in Nashik district of Maharashtra jumped to 622 after 50 more persons were found infected, officials said on Saturday. As many as 49 of the 50 new patients were from Malegaon and one from Nashik city, the district administration said in statement. Of the total 622 COVID-19 patients in the district, 497 are from Malegaon, 45 from Nashik city and 61 from other parts, it said. The death toll due to the virus is 19 so far in the district, the statememt added. There are 19 patients from outside the district who are receiving treatment in hospitals here. A total of 46 patients- 41 patients from Malegaon, three from Nashik Municipal Corporation limit and two from other parts of the district- have recovereed from the infection so far, it said. Full Article
2 Mumbai: 2 police officers, constable injured in chopper attack By www.business-standard.com Published On :: Sat, 09 May 2020 11:02:52 +0530 Two police officers and a constable were injured after a 27-year-old man attacked them with a chopper in south Mumbai early today, police said. Karan Pradip Nayar, resident of Silver Oaks estate near Breach Candy, attacked the policemen who were on routine 'nakabandi' duty at 1.30 am, senior police inspector of Marine Drive police station Mrityunjay Hiremath told PTI. The policemen, all deployed at the Marine Drive police station, received injuries on their shoulders and hands and were taken to the state government-run JJ hospital, he said. "When our policemen saw the man walking with a large chopper near the Pransukhlal Mafatlal Hindu Swimming Bath and Boat Club, they tried to stop him. He ran away and they chased him. When they tried to catch him, he attacked them with the chopper," Hiremath said. Nayar, an architecture graduate, has been arrested, the police officer said, adding a case has been filed against him under various sections of the IPC, including 307 ... Full Article
2 Kohima COVID-19 test lab to be functional by May 12, Dimapur unit within 2 weeks: Govt in HC By www.business-standard.com Published On :: Sat, 09 May 2020 11:03:02 +0530 The Nagaland government has assured the high court that the laboratory in Kohima for conducting COVID-19 detection tests will be functional by May 12. The state government informed the Kohima bench of the Gauhati High Court that finishing works for the lab have been completed and it would be functional by May 12. Additional Advocate General T B Jamir, however, told the bench comprising of Justice Songkhupchung Serto and Justice Hukato Swu that since the same technicians would be setting up the lab in Dimapur, at least two weeks are required to make that unit functional. The state government made the submission through an interim application filed on Thursday, praying for extension of time after the court on April 27 directed it to make the two labs functional within 10 days. The court on Friday directed the state government to make all efforts to make the lab at Kohima functional within five days and the one at Dimapur within two weeks. After two weeks, the state ... Full Article
2 Kingpin of 532 kg heroin haul case arrested in Haryana By www.business-standard.com Published On :: Sat, 09 May 2020 11:12:52 +0530 The Punjab Police on Saturday arrested from Haryana a drug smuggler who was wanted in a 532 kg heroin seizure case, police said. Ranjeet Singh Rana was arrested from a hideout in Sirsa in Haryana, Punjab Director General of Police (DGP) Dinkar Gupta told PTI. Rana was wanted in a narcotics haul case in which the Customs department last year had seized 532 kg of heroin worth Rs 2,700 crore in rock salt consignments at the Integrated Check Post at Attari in Amritsar. He was the kingpin of the narcotics haul. Rana was nabbed following recent arrest of Hizbul Mujahideen operatives in Amritsar. "Following up further on arrests of Hizbul operatives in Jammu and Kashmir and Punjab, the Punjab Police juggernaut moved further to nab Ranjeet of Amritsar, one of the biggest drug smugglers of India from Sirsa today. Cheeta was wanted in 532 kg heroin haul from Attari in June 2019," the DGP tweeted. Along with Rana, his brother was also arrested in an operation conducted by the Punjab Police in .. Full Article
2 ZEE5 to release Nawazuddin's 'Ghoomketu' on May 22 By www.business-standard.com Published On :: Sat, 09 May 2020 11:18:53 +0530 Nawazuddin Siddiqui-starrer "Ghoomketu" will finally see the light of the day as the movie is set to premiere on ZEE5 on May 22. The film, directed Pushpendra Nath Mishraand produced by Phantom Films and Sony Pictures Networks (SPN), also features filmmaker Anurag Kashyap and actors Ila Arun, Raghubir Yadav, Swanand Kirkire and Ragini Khanna. Amitabh Bachchan, Ranveer Singh, Sonakshi Sinha, Chitrangada Singh,Lauren Gottlieb and filmmaker Nikhil Advani have made special appearances. "Ghoomkety" is a comedy- drama told from the viewpoint of an inexperienced writer (Nawazuddin) struggling to make it big in the film industry in Mumbai. "On his quest to come up with a great story, he is inspired by day to day mundane life activities. Will his ambition and determination exceed his talents? Or will a corrupt cop (Kashyap), who is on a mission to find Ghoomketu, put a brake on his 30-day escapade?" the official plotline of the movie read. Nawazuddin described 'Ghoomketu' as a quirky and ... Full Article
2 COVID-19 lockdown: Delayed academic plans and uncertainty---anxiety grips CBSE class 12 students By www.business-standard.com Published On :: Sat, 09 May 2020 12:16:53 +0530 17-year-old Pratyusha Jha, wakes up scrambling for newspapers these days to look for any news about her pending board exams and is anxious about what the future has in store for her. Similar concerns are shared by Bipin Kumar, a class 12 student, who says the announcement of board exams from July 1 to 15 brought limited clarity as the larger questions remain unanswered. The COVID-19 lockdown, came with a different set of concerns for class 12 students, whose board exams were postponed midway following the outbreak of coronavirus, putting on hold their future plans as well. "Everyday I have been looking for news about the exams and about entrance exam dates. I feel unfortunate that this happened during the year I was supposed to take the big college leap. I don't want my future decisions to be shaped by this very year as what I opt to study now will remain with me lifelong," Pratyusha told PTI. Ending some uncertainty for students, HRD Minister Ramesh Pokhriyal 'Nishank' on Friday ... Full Article
2 Father of 2 victims of train tragedy recalls last conversation By www.business-standard.com Published On :: Sat, 09 May 2020 12:34:56 +0530 Just a day before he was killed in the train accident in Aurangabad, 28-year-old Brajesh Singh had informed his father that he would be reaching their village by a special train soon. For Gajraj Singh, a resident of Antoli village in Madhya Pradesh's Shahdol district, that phone call was the last conversation he had with his sons Brajesh and Shivdayal (25). Bodies of the two brothers, along with those of 14 other labourers, would be reaching their village on Saturday. At least 16 labourers, who were travelling to their home state Madhya Pradesh on foot, were mowed down by a goods train while they were sleeping on tracks near Karmad station in Maharashtra's Aurangabad district early morning on Friday. "Only a day before the mishap, my sons informed me that they had left on foot to board a train from Maharashtra and will reach Shahdol soon. They told me that they would sit in the train on Friday. But instead of my sons, the news of their death has reached me," said an ... Full Article
2 Lockdown: Hyundai rolls out 200 vehicles from Chennai plant on first day of resuming operations By www.business-standard.com Published On :: Sat, 09 May 2020 13:02:53 +0530 Hyundai Motor India on Saturday said its Chennai-based manufacturing facility rolled out 200 cars on the first day of resuming production. The company re-started manufacturing activities at its plant in Sriperumbudur (near Chennai) on May 8. The auto major has commenced production at the facility adhering to 100 per cent compliance of safety and social distancing norms, Hyundai Motor India said in a statement. In line with the government's objectives of reviving the economy and company's global vision of progress for humanity, the commencement of manufacturing operations is aimed at boosting economic activities and bringing back normalcy, it added. Several industries are resuming operations in a phased manner following an over month-long shutdown due to the coronavirus lockdown. Full Article
2 Lava resumes manufacturing operations with 20 pc capacity By www.business-standard.com Published On :: Sat, 09 May 2020 13:34:53 +0530 Homegrown mobile phone maker Lava on Saturday said it has resumed manufacturing operations with 20 per cent capacity. "Lava has resumed production at its manufacturing facility in Noida. The company has started operating with 20 per cent of its production capacity, post receiving an approval from the state authorities. 600 out of its 3500 workforce have resumed work," Lava said in a statement. The factory has been shut since the time the government announced the coronavirus lockdown. However, it kept meeting export requirements through its facility in China, it added. The government has given permission to mobile phone companies to start work at factories but the firms are expected to face bottlenecks in component supply and worker availability. "We welcome the government's move to permit mobile phone companies to resume operations. Though, we might face some challenge due to the delayed availability of manpower & materials, we have sufficient inventory to maintain the pace of our Full Article
2 Situation 'normal' in village where gas leak claimed 12 lives: AP govt By www.business-standard.com Published On :: Sat, 09 May 2020 14:02:52 +0530 The Andhra Pradesh government on Saturday said the situation was "normal" in RR Venkatapuram village, where a styrene vapour leak from the LG Polymers plant claimed 12 lives and left over 300 people hospitalized with various ailments. Director General of Police D Gautam Sawang and Special Chief Secretary (Industries) Karikal Valaven inspected the plant and spoke to the LG management and later told reporters that "everything is normal and there is no need to panic." Temperature at the styrene storage tank, where the vapour leak occurred, has come down, as also the PPM (ambient air quality) level. "Definitely the air is also fresh and there is nothing to worry about. In the coming days, life will come back to normalcy," the DGP said. "Just to be on the safe side, as per protocol, people are being asked to stay away for 48 hours. That period will end tomorrow. Scientists and experts from different parts of the country, including New Delhi, are coming here. They will review . Full Article
2 Odisha trains 1.72 lakh health personnel to combat COVID-19 in state By www.business-standard.com Published On :: Sat, 09 May 2020 14:10:59 +0530 The Odisha government has trained 1.72 lakh health personnel to fight COVID-19 in the state, where a spike in the number of positive cases was recently witnessed following the return of Odia migrant workers from other parts of the country, a senior official said. The state government has trained 1,72,499 health personnel to deal with the novel coronavirus outbreak, Chief Secretary A K Tripathy said while launching the 'COVID-19 workforce portal' here on Friday. Altogether 129 fresh novel coronavirus cases were reported in the state since May 3, when the return of the stranded migrant workers began. Of these, around 114 COVID-19 patients are returnees who were stranded in Gujarat, a health official said. A total of 8,023 doctors, 8,296 staff nurses, 4,105 paramedical staff and laboratory technicians, 4,114 AYUSH doctors, 4,905 ambulance drivers, 1,35,820 ANM/ASHA/AWW workers and 7,236 sanitation workers have been drafted into the COVID-19 workforce, Labour and ESI ... Full Article
2 Train from Chennai carrying 1,200 stranded people of Manipur to reach Jiribam on May 12 By www.business-standard.com Published On :: Sat, 09 May 2020 14:14:53 +0530 At least 1,200 people from Manipur stranded in Chennai will be brought back in a special train that will reach Jiribam at the state's border with Assam on May 12, Chief Minister N Biren Singh said. The train will start from Chennai later on Saturday, he said in a video message on Friday night. From Jiribam they will be brought to Imphal, around 200 km away, in special buses, Singh said. All of them will have to undergo isolation at the institutional quarantine centres set up at schools and colleges with the assistance of local MLAs and other organisations. Singh said that they will undergo full medical checkup before leaving Chennai and will further undergo check-up, including thermal screening, after reaching Jiribam. The cost of ferrying the stranded people from Chennai to Jiribam is around Rs 12,00,600, while the cost of transporting them in 50 buses is around Rs 1,05,000, Singh said. Two other special trains carrying migrants will also depart from Punjab and ... Full Article
2 It's like 2nd innings of Test match: Kumble on fight against COVID-19 By www.business-standard.com Published On :: Sat, 09 May 2020 14:44:55 +0530 Former India captain and coach Anil Kumble compared the fight against the dreaded COVID-19 pandemic to the "second innings" of an intense Test match where people can't afford let their guard down. The coronavirus outbreak has wreaked havoc, claiming over 2,76,000 lives so far while infecting more than four million people. Among other things, the unprecedented health crisis has also brought sport to a standstill, leading to cancellation and postponement of several events, including the Tokyo Olympics and European Football Championships and the Indian Premier League. "If we have to fight this coronavirus pandemic, we need to be in this together. It's like a Test match. Cricket Test matches are of five days but this has been longer," Kumble said in a video posted on his Twitter account. "Cricket Test matches are only two innings each, but this can be even more. So don't be complacent that we had a slender lead in the first innings because the second innings can be really rough." "We ... Full Article
2 Chidambaram welcomes Centre's decision to borrow additional 4.2 lakh cr By www.business-standard.com Published On :: Sat, 09 May 2020 14:48:54 +0530 Senior Congress leader P Chidambaram on Saturday welcomed the Centre's decision to borrow additional 4.2 lakh crore and said it should be used to provide relief to the poor and re-start the economy. "After resisting our appeals, especially through statements of the CEA, the government has finally decided to borrow an additional amount of Rs 4.2 lakh crore taking the projected fiscal deficit to 5.38 per cent. We welcome the decision," he said in a statement. The senior Congress leader, however, said, "It is not enough to borrow more unless the amount is used to provide relief to the poor and to re-start the economy. We look forward to the revised expenditure budget for 2020-21." Echoing similar sentiments put forth by several eminent economists, he had appealed to the central government to shed its reservations and borrow more in 2020-21. "In our view, the budgeted fiscal deficit of 3.5 per cent should not be a constraint in these extraordinary times," he said in the statement. The ... Full Article
2 Maha: COVID-19 death toll rises to 12 in Amravati By www.business-standard.com Published On :: Sat, 09 May 2020 15:28:54 +0530 The number of COVID-19 fatalities in Maharashtra's Amravati district rose to twelve on Saturday with the death of a 53-year-old man at the COVID facility here, an official said. The deceased, a resident of Masanganj locality in the city, tested positive for coronavirus on Friday night, he said. He was suffering from fever and breathing difficulty, the official said, adding that swab samples of the patient were taken on May 7. "There are now 60 active patients at the COVID ward. While five have been recovered, another patient was referred to Nagpur," the official added. Full Article