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Railways

The Golden Chariot is again going to hit the tracks in a new look and feel on an exciting week-long itinerary.




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Railways

Soon, passengers to get an affordable lodging facility at the Mumbai Central railway station. Indian Railways is planning to set up its first pod hotel, by December 2020.




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Airlines / Aviation

Currently, most of the airlines are not giving waivers on the cancellation charges and also not refunding in cash.




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Railways

The tunnel sprays sodium hypochlorite solution on people through nozzle sprayers that can disinfect a person fully from head to toe in just 3 seconds.




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Railways

Due to the pandemic, and the ensuing lockdown, millions of people across the country have been left wanting for food - especially those whose income has halted.




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Railways

With the end of the pandemic nowhere in sight and people to be commuted, DMRC is planning to restart services at the end of the lockdown, with proper guidelines in place.




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Airlines / Aviation

As expected, GMR-led Delhi airport has prepared a detailed standard operating procedure (SOP) to maintain social distancing at the airport. So if you are planning to fly after the lockdown from Delhi, get ready for long queues as social distancing will be followed very strictly.




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'Essentials tag' call divides handset makers, retailers

Sharp differences have emerged within handset makers and retailers over the treatment of devices during the lockdown.




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Entry level, refurbished smartphones to be in focus, once sales resume

The share of smartphones priced below Rs 5000, categorized as entry-level, has trailed from 12% in 2017 to 4% in 2019, whereas, for those priced between Rs 5000-Rs 10,000, categorized as basic, it has fallen from 45% to 42%.




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Vivo India donates 15,000 PPE suits, 50,000 litres of sanitizer

Smartphone maker Vivo India has donated 15,000 PPE suits and 50,000 litre of sanitizer to the central government to protect caregivers and healthcare professionals from coronavirus, the company said.




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COVID-19 impact: Global smartphone shipments fall 13 per cent in January-March

Canalys Senior Analyst Ben Stanton said that in February, when the coronavirus was centered on China, vendors were mainly concerned about how to build enough smartphones to meet global demand.




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Mobile phone retailers set to reopen stores where allowed

"All standalone (single) shops, neighborhood (colony) shops and shops in residential complexes are permitted to remain open in urban areas, without any distinction of essential and non-essential," the ministry of home affairs said in a notification on Friday.




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Resumption of mobile phone production depends on state govts: ICEA

India Cellular and Electronics Association (ICEA) Chairman Pankaj Mohindroo said that the two-week lockdown extension notification issued by the Ministry of Home Affairs (MHA) appropriately undertakes significant measures whereby economic and manufacturing activities have been reopened in a calibrated manner.




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Take user privacy seriously, don't collect data without consent: Xiaomi

Xiaomi India Managing Director said that the company does not collect any user data that the user has not explicitly given permission or consent to. He added that in the browser's incognito mode, all user data is completely encrypted and anonymised. He also pointed out that all Mi Browser and Mi Cloud data of Indian users is stored locally in AWS servers in India.




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Xiaomi, Realme says potential of offline sales post Covid-19 intact; consumers may change buying habit

Both Xiaomi and Realme said they will restructure their product plans and portfolio this year with the change in buying habit.




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Mobile phones’ manufacturing to restart

Makers of iphone & Xiaomi phones get requisite permissions from state authorities in South




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Demand to pick up in second half of 2020: Xiaomi

Xiaomi India head Manu Jain has said that there may be an anti-China sentiment among people at play, but expects things to normalise over time and doesn’t see any meaningful impact on its business, with smartphone demand expected to pick up only in the second half of 2020.




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Realme says surge in e-commerce orders post lockdown

The company said it has approached the state government to get necessary approvals for reopening limited production lines with measures to ensure the safety of employees.




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Samsung, Oppo, Vivo & Lava get Uttar Pradesh government nod to restart operations

“Permissions have been received by the majority of the companies, though the workforce has been truncated to 20-30%. It is extremely difficult to reach any kind of optimisation and efficiency in this manner,” Pankaj Mohindroo, chairman of India Cellular & Electronics Association (ICEA), told ET.




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Jobs




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Jobs




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Jobs




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Jobs

TCS is increasing the proportion of variable pay that’s linked to performance for experienced engineers as part of the rejig




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Jobs




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Which bank is giving automatic loan moratorium and which is not: Here's the list

To pay this additional interest, you may get an option to either increase your loan tenure without increasing your EMI amount or increase your EMI amount without increasing your loan tenure or make a one-time payment of the interest in June month.




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Tata Capital loan EMI moratorium: All the terms, conditions and charges

Here are the charges, terms and conditions of availing the three-month equated monthly instalment (EMI) moratorium from Tata capital financial services. These are details as mentioned on Tata Capital's website for financial services.




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IDBI Bank loan EMI moratorium: Terms and charges

If you are an IDBI Bank customer, here are the details of the bank's EMI moratorium facility. These details are as per the bank's website.




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Should you opt for three-month moratorium for debit card EMIs?

If you have converted your debit card payments to EMIs to buy a phone, a consumer durable or converted your e-commerce purchases to EMIs, you can avail of the three-month moratorium. Here is a look at how this will work.




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Bank of Baroda launches personal loan for customers to tackle coronavirus related liquidity issues

According to the bank, "The objective of this loan is to provide ease to tide over the liquidity mismatch to existing customers." The customer can approach their existing branches to avail this personal loan up to a maximum limit Rs 5 lakh




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IRDAI allows insurers to give moratorium on term loan repayment due to coronavirus impact

In respect of term loans, insurers are permitted to grant a moratorium of three months towards payment of instalments falling due between 1st March 2020 and 31st May 2020.




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5 things to know about 3-month EMI moratorium offer by RBI

The 3-month EMI moratorium offered by the Reserve Bank of India (RBI) includes all term loans like home loans, personal loans, credit card dues etc.




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How interest will be calculated if you opt for moratorium on credit card dues amid Covid lockdown

Normally, one can defer payment by paying 'minimum due amount' and roll over the balance outstanding amount to the next month. In this process, the unpaid amount is carried forward to the next billing cycle and 2-4 percent interest is levied on it.




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Should I switch my SBI home loan to a repo rate linked loan by paying Rs 5,900?

The borrower has SBI Max Gain home loan at 8.55 per cent under the MCLR option.




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Should you take loans linked to benchmarks other than repo rate? Which banks offer these?

According to the RBI Monetary Policy Report, 36 banks out of 62 banks have adopted repo rate as an external benchmark whereas six banks have adopted the market-based benchmarks such as CD rate, 3-month treasury bill etc.




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What are the legal liabilities of a loan guarantor?

The amount for which you will stand guarantee will reflect in your credit report as an outstanding liability. Hence, understand the legal implications in case of default by a person you stood guarantor for.




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What are Covid-19 personal loans?

The interest rate on a COVID loan is lower than a personal loan and can vary from 8%-15% per annum. The loan term varies from 6 months to 5 years.




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Have a high CIBIL score? Know the importance of it for a personal loan




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How to check your credit score

It is important to know your credit score while applying for a loan from a bank or any other financial institution.




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Should you pay your rent using a credit card amid coronavirus lockdown?

Rent payment is one of the biggest monthly expenditures, especially for youngsters living away from parental homes. In the case of credit cards, accrual of interest gets tricky.




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Yes Bank moratorium: RBI Board Member explains why it took so much time

Yes Bank moratorium: RBI Board Member explains why it took so much time





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Next year, earnings will have the potential to positively surprise the market: Madhu Kela

Next year, earnings will have the potential to positively surprise the market: Madhu Kela





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Covid-19 outbreak: Donald Trump suspends 'all travel from Europe' to US for 30 days

Covid-19 outbreak: Donald Trump suspends 'all travel from Europe' to US for 30 days





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Covid-19 outbreak: ECB unveils stimulus boost to overcome virus shock

Covid-19 outbreak: ECB unveils stimulus boost to overcome virus shock





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Saving lives more important than stock market numbers: Donald Trump

Saving lives more important than stock market numbers: Donald Trump





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Indian market situation is reflection of global factors: K V Subramanian, CEA

Indian market situation is reflection of global factors: K V Subramanian, CEA





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Covid-19 to impact domestic as well global growth: RBI governor

Covid-19 to impact domestic as well global growth: RBI governor





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AGR tussle: Harish Salve on what SC had to say on telcos over dues

AGR tussle: Harish Salve on what SC had to say on telcos over dues





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Wipro, Azim Premji Foundation commit Rs 1,125 cr to tackle coronavirus crisis

Wipro, Azim Premji Foundation commit Rs 1,125 cr to tackle coronavirus crisis





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GST collections fall below Rs 1 lakh cr-mark, March revenues stand at Rs 97,597 cr

GST collections fall below Rs 1 lakh cr-mark, March revenues stand at Rs 97,597 cr





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Paytm founder Vijay Shekhar Sharma shares tips on braving the Coronavirus impact on business

Paytm founder Vijay Shekhar Sharma shares tips on braving the Coronavirus impact on business