The country's largest carmaker Maruti will resume operations at its Manesar plant from May 12.

The company said it was able to restart operations at the plant in less than 24 hours after receiving permission from local authorities as it had started intensive preparation even before the lockdown in India came into effect in March, DICV said in a statement.

​The app that complements the Aarogya Setu App has been made mandatory for all employees across the value chain, requiring them to update their health status, including close family members, on the app everyday. It has been developed to ensure safety and monitor employees' health on a real time basis.

Component makers are also working overtime to restart factories, but delays in getting approvals are causing hindrance in some states, especially in Maharashtra and Tamil Nadu that have the biggest automotive manufacturing hubs, industry insiders said. This, they said, could weigh on the plans of the automakers.

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.

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.

The company in its statement said that in 4 steps, a customer can avail of online exchange, finance and insurance, personalize & own their chosen Mahindra vehicle.

The tyre maker has commenced production in a graded manner at its manufacturing facilities in Chennai (Tamil Nadu), Kankroli (Rajasthan) and Laksar (through Cavendish industries Ltd - subsidiary company, in Uttarakhand). The company has also resumed operations at its global research and development hub located in Mysore, Karnataka, JK Tyre said.

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.

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.

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.

Kamal Jain, a professor at the institute's civil engineering department, claims that the software will not only reduce testing costs but will also reduce the risk of exposure to healthcare professionals. ​So far, there is no verification of his claim by a medical institution.

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.

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.

While over 20 technical and scientific institutions are working on developing a vaccine for coronavirus, IITs have already set up "COVID-19 specific research centres", encouraging developments in the innovation ecosystem.

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

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.

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.

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

Nitin Gadkari, the minister for MSME and road transport and highways, also called upon the retailers to start exploring option of home delivery.

Seven companies including Aditya Birla Financial Services, Mahindra Financial Services, Bajaj Finance, Tata Capital and L&T Finance collectively raised ₹3,544 crore out of the targeted ₹10,400 crore on Monday and Tuesday.

In the past two weeks, at least five companies have either issued, or announced plans to issue, non-convertible debentures worth a total of Rs 5,500 crore, as per information available from filings with stock exchanges.

These will be issued in three tranches of Rs 500 crore, Rs 300 crore and Rs 200 crores with redemptions due on September 30, 2022, November 28, 2022 and December 29, 2022 respectively, it added.

Perpetual bonds are a standard instrument in the kitty of capital markets today.

In Europe, investment grade-rated companies raised $83.2 billion in April, according to Refinitiv data.

The decision did not apply to the ECB's PEPP coronavirus pandemic-fighting programme.

The coupon on the bonds, to be maturing in December 2021, has been fixed at 7.06 per cent per annum.

The central bank has been aggressively raising liquidity levels in the system.

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

The gross borrowing programme for the year has been increased to Rs 12 lakh crore.

The issue price for Series I (April 20 to 24, 2020) was Rs 4,639 per gram of gold.

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.

This is the first instance when a fund house is shutting its schemes because of coronavirus related pandemic.

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

The company's consolidated net profit stood at Rs 146.7 crore in the quarter ended March 31, 2019.

Analysts in an ETNow poll had projected the number at Rs 3,000 crore.

In all likelihood, England and Wales Cricket Board (ECB) chairman Colin Graves will replace the former BCCI president, who, it is learnt, has decided against seeking an extension for a third two-year-term.

Cricket Australia is under huge financial pressure due to global lockdown and has laid off 80 percent of its staff. India's four-Test tour in December-January could provide a relief to the struggling bldy

"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.

Firms like IOS Sports & Entertainment, Baseline Ventures, Cornerstone Sports & Entertainment are all looking at new digital options to capitalise on their clients’ reach and popularity using online channels.

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

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.

"Due to lockdown on account of outbreak of COVID-19, hard copies of nominations are not required to be sent. Scanned copies of nominations duly signed by the applicant and recommending authority may be sent before last date of submission," read a ministry circular.

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.

US West Texas Intermediate (WTI) crude rose $1.78, or 7.4 per cent, to $25.77, on track for its highest close since April 6 and up more than 30 per cent this week.

Higher exports from India, the world's biggest producer of sugar, could put pressure on global prices and limit shipments from rivals such as Brazil and Thailand.

The metal gained about 2% on Thursday on the back of bleak US economic data.

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

Copper prices on Friday traded 0.48 per cent higher at Rs 408.75 per kg in futures market.