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Maruti Suzuki opens corporate office

“We have got clearance to open the office from the local authorities and are following the guidelines given by the government,” said a spokesperson for Maruti Suzuki India Ltd, the country’s biggest car maker. The company’s Delhi corporate office is at Nelson Mandela Marg.




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Will expedite scrappage policy, extend compliance timelines for auto companies where possible: Gadkari

“I have been trying for the last two years to pursue the scrappage policy. I have asked the Secretary (ministry of road transport and highways) to expedite the scrappage policy. Because this will help reduce production cost,” Gadkari said in an interaction with SIAM Institute on Thursday.




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BMW Group India resumes local production at Chennai plant

German car maker BMW commenced operations at the Chennai plant in accordance with the government-initiated guidelines. The company also stated that the BMW, MINI and BMW Motorrad dealerships across the country would restart the operations in adherence to local government directives.




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20% of auto retailers open shutters on lockdown relaxation; witness muted walkins and enquiries

Maruti Suzuki restarted operations at 680 dealerships till Wednesday, covering almost 35% of the addressable market. The nation’s largest carmaker is seeking permission from local authorities to reopen all but 500 of its remaining over 2,400 outlets. The 500 showrooms are in Covid-19 containment zones.




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Ceat extends warranty on tyres by three months

The decision to extend warranty on tyres has been taken to express solidarity with customers amidst the continued lockdown, Ceat Tyres said in a statement. The extention is valid on tyres whose warranty is due to expire between March 1 and May 31, it added.




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Uber restarts in green, orange zones

Areas designated as Green and orange zones, where the spread of Covid-19 infections is under control, account for more than 80% of India’s 733 districts, Uber said.




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Lockdown: Hyundai rolls out 200 vehicles from Chennai plant on first day of resuming operations

The auto major has commenced production at its Sriperumbudur factory in Tamil Nadu adhering to 100 per cent compliance of safety and social distancing norms, Hyundai Motor India said in a statement.




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ISRO invites proposals for development of technologies for human space programme

The Directorate of Human Space Programme of the city- headquartered ISRO has sought proposals for 18 tentative technology development areas. Four Indian Air Force fighter pilots are currently under training in Moscow and are likely to be potential candidates for the first manned mission to space.​​




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China names its Mars mission Tianwen-1 ahead of its planned launch this year

China on Friday named its first Mars exploration mission to be launched later this year as Tianwen-1 as it celebrated 'Space Day' to mark the 50th anniversary of the launch of the country's first satellite Dong Fang Hong-1 in 1970.




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India may see second wave of COVID-19 outbreak in monsoon, say scientists

The timing of the peak will depend on how India is able to control physical distancing and on the level of infection spreads after restrictions are relaxed, they said.




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NASA develops high-pressure ventilator to fight COVID-19

The device, called VITAL (Ventilator Intervention Technology Accessible Locally), passed a critical test this week at the Icahn School of Medicine in New York, an epicentre of COVID-19 in the US, NASA said.




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Cardiac abnormalities in COVID-19 patients treated with hydroxychloroquine: Study

Recent reports have suggested that the combination of the anti-malaria drug hydroxychloroquine, and the antibiotic azithromycin may help patients with COVID-19, said scientists from the New York University School of Medicine in the US.




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Jadavpur University students develop device which can tell if a coughing person is a COVID-19 carrier

Two students of the Jadavpur University have developed an intelligent device which will analyse if a coughing person is a COVID-19 carrier.




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How a tiny widget waylaid the world’s biggest science experiment

The tale of ITER’s missing shims shows how even the best-laid contingency plans have had to be rewritten.




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Indian-origin scientist identifies four possible drugs to treat COVID-19

The study, published in the journal Pathogens, found that all four drugs were effective in inhibiting, or blocking, the coronavirus' RNA proteins from making genomic copies of the novel coronavirus.




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Intensive farming may increase risk of epidemics, scientists warn

The scientists, including those from the University of Sheffield in the UK, said overuse of antibiotics, high animal numbers, and low genetic diversity caused by intensive farming techniques increase the likelihood of these pathogens becoming a major public health risk.




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CSIR submits 53 genome sequences of coronavirus to global body; to share 450 more by May 15

CSIR's Institute of Genomics and Integrative Biology (IGIB), Delhi, Centre for Cellular and Molecular Biology (CCMB), Hyderabad and Institute of Microbial Technology, Chandigarh are currently sequencing the genomes of the novel coronavirus, he said. Other CSIR institutes are also expected to join the process.




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With a phased opening, India tries to avoid a grave economic toll: Bibek Debroy

Mortality and morbidity apply to enterprises, too; MSMEs more pronounced than most. Baseline GDP growth was already in slowdown mode and a capital crunch was compounded by lockdown’s labour constraint.




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Economy likely to show negative growth in current year: Montek Singh Ahluwalia

The rationale behind the lockdown was not that it would prevent infections but that it would allow us to build the health infrastructure to be able to cope with larger numbers infected, opined Montek Singh Ahluwalia




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Adani Enterprises to raise Rs 1,000 crore through NCDs

The company said that it will seek shareholders' nod for raising up to Rs 2,500 crore through QIP.




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10-year benchmark bond yields fall to 2009 level, may reverse on higher borrowing plan

A hike in taxes on fuels, which will add to government’s revenue, helped lift sentiment.




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Brokers body seeks Sebi, FinMin intervention as Franklin closes 6 MF schemes

FTMF stunned all by deciding to shutter operations of six schemes with assets under management of more than Rs 25,000 crore late Thursday evening, citing redemption pressures and market volatilities in wake of the COVID-19 pandemic.




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Looking for silver lining in the dark clouds? India has plenty

We manufactured a crisis much before the pandemic hit the financial world.




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Wall Street Week Ahead: US data deluge to underscore divide between roaring market, plunging economy

Though bleak, that number was smaller than analysts’ expectations of 22 million jobs lost.




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HDFC AMC Q4 results: PAT falls 10% YoY to Rs 250 crore; firm announces dividend of Rs 28 per share

The company's total income declined 17.90 per cent YoY to Rs 449.62 crore in the January-March quarter




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How to beat lockdown blues: What sports psychologists recommend for athletes

The Covid-19 outbreak brought the world to its knees, leading to sealing of borders, ban on travel, and postponement or cancellation of all major sporting events. So, here they are now, confined to their homes with the Games delayed by a year, no competitions, no proper training and no sign of light at the end of the tunnel.




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India loses hosting rights of 2021 men's world boxing championships

"After New Delhi didn't fulfill its obligations to pay host fee as mentioned in the Host City Agreement terms, AIBA has terminated the contract. Therefore, India would have to pay a cancellation penalty of USD 500," the AIBA said in a statement.




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Legendary footballer Chuni Goswami no more

The iconic sportsperson, who also played first-class cricket for Bengal, was 82 and breathed his last at a hospital here. He is survived by his wife Basanti and son Sudipto.




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I can’t see things getting better anytime soon: Vijender Singh

With restrictions on travelling and no sporting activity allowed, the 34-year-old Haryana boxer is spending time with his family in Delhi.




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Plan to resume national camps shut due to COVID-19 from May end: Sports Minister

Sports Minister Kiren Rijiju on Sunday said his ministry is devising a plan for phase-wise resumption of national camps for Olympic-bound athletes by the end of this month.




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Baseline Ventures signs India’s under-19 cricket captain Priyam Garg

The multi-year deal will see Baseline managing all the commercial interests of Garg. Born in Meerut, UP, Garg made his first-class debut against Goa in 2018 where he went on to score an unbeaten 117. He recently led the Under-19 Indian team at the World Cup in South Africa where they finished runners-up.




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Physical education teachers shouldn’t be seen as second class citizens: Margaret Whitehead

During the webinar, titled ‘Physical Literacy: For Nation’s Development’, the panelists discussed a lot of topics related to physical literacy, including its meaning, the challenges it faces, its need of promotion, the lax attitude towards it and its importance in everybody’s life. The panel also discussed the lax attitude towards physical education in India.




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Tendulkar provides financial support to 4,000 underprivileged people

Tendulkar made the donation to the Hi5 Foundation, a non-profit organisation based out of Mumbai.




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Gold price gains as poor macro data hit risk sentiments

Spot gold markets remained shut due to the lockdown to prevent the spread of coronavirus, according to HDFC Securities.




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Palm oil rises on lower Indonesian inventories; set to post weekly loss

Palm oil has ended lower for the past three sessions, and has lost 5% so far this week.




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Commodity outlook: Energy counters slip; here's how others may fare

Here is how SMC Global expects commodities to fare today:




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Assam hikes liquor prices by 25 per cent

Assam cabinet held its meeting on Friday through video conferencing. Assam Industries and Commerce Minister Chandra Mohan Patowary said the 25 per cent hike will add Rs 1000 crore to the government's kitty.




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New York experiences beyond the Big Apple

The iconic Statue of Liberty. Image courtesy - iStock Welcome to the Empire State, otherwise known as New York. The state is home to profound experiences wi...




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From blue-green lagoons to lush rainforests, explore top attractions of Fiji

It’s time to say ‘Bula’ as Indian filmmakers make plans for filming in Fiji.




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Up your happiness quotient with these brilliant pics from around the world

On ‘World Happiness Day’, instantly quench your global travel quest.




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Amazon says focus on original content to light up FireStick sales

Amazon Fire TV Stick is a content streaming device that plugs into an HDTV and lets customers access Prime Video and other OTT services such as Netflix and Hotstar.




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There is a big misconception that single women aren’t contented: Journalist Kalpana Sharma

In a telephonic interview Mumbai-based Sharma talks about her own experiences as a single woman and what has changed for single women over the years and what hasn’t.




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Racism in food? US, North European cuisines enjoy a privileged status, while others are named 'ethnic'

In NYC and most of the US even today, non-northern European foods termed are 'ethnic'.




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Desi dreams: The rise of Indian internet content creators abroad

Children of Indian immigrants are going against the tide and becoming internet content creators, even if it means giving up stable and well-paying jobs.




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For the love of chicken & mutton biryani: How political gatherings helped caterers grow big

Tamil Nadu’s love for biryani probably stems from the state’s love of rice.




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Target to recoup lost deposits by year end: Prashant Kumar

"After the moratorium, it was expected that there would be outflows."




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No correlation seen between Jio investments and chances of Aramco deal: Axis Securities

‘This deal will probably give Jio access to a lot of enterprise software providers’




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Investors lapping up consumer, insurance, pharma & telecom stocks due to earnings certainty: ASK Investment

‘Investors focusing on predictability, sustainability and better quality businesses’




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States to which migrant labourers are returning must use this to attract investment: Vikram Kirloskar

'Moratorium will probably have to get extended in a lot of cases.'




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Residential real estate strongly poised for a bounce back: Godrej Properties

‘Industry leaders would benefit from both the demand revival as well as consolidation.’