A set of graphics tracking how the number of coronavirus positive cases have moved on a daily basis since India's total touched 100 on March 15

Experts say while the decision is positive, it may not make any significant contribution

Provisioning costs higher than expected; FY21 EPS estimated to decline by 2-4 per cent

However, the virtual shutdown of the economy and the question mark surrounding the return to normalcy mean the markets are not yet out of the woods

Among the 247 actively traded scrips, 17 have shed more than 50 per cent this calendar year. About 40 per cent have slid more than the Sensex, which is down 23 per cent year-to-date

According to the International Monetary Fund, the pandemic is expected to cause the biggest recession since the Great Depression

Firm suspends guidance because of pressure in key geographies

The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the Covid-19 lockdown

Equity funds account for 42 per cent and 52 per cent of AUMs for HDFC AMC and Nippon AMC, respectively

The industry is at the cusp of a transformation, according to an EY report that came out in the early weeks of the Covid-19 onslaught

With job losses and redundancies looming large, firms have taken to the idea of reskilling their workforce with gusto

Costs unlikely to fall; does not bode well for earnings

The earnings were better than what most of the analysts had expected. Kotak Securities, for instance, estimated the private lender to log net loss at Rs 4,404.4 crore in the quarter under review

Organic volumes for the company got severely impacted in the last 10 days of March due to the spread of Covid-19 and the subsequent lockdown restrictions, the company said.

Analysts believe the bank will be unable to maintain high AUM growth and will likely see a sharp rise in credit cost & deterioration in incremental deposit mix, amid the current lockdown

Asian Paints, Berger Paints India, Kansai Nerolac Paints and Akzo Nobel India slipped in the range of 2 per cent and 5 per cent on the BSE.

Unacademy says its internal investigation had found e-mail data of around 11 million users was compromised.

HCL has provided 7,000 PPE kits complying to the SITRA and HLL specifications, 20,000 three-ply masks, 55 liters of sanitizer and two hands-free wash basins to the district administration.

Beauty products segment witnesses 0.8% decline in March, says Nielsen

GSK leads the charge with staggered return-to-work, others plans yoga sessions and health care webinars for salesperson's family

The number of Covid-19 patients in Dharavi, Mumbai's biggest slum sprawl, reached 808 on Friday as 25 more persons tested positive for the infection, a senior official of the Brihanmumbai Municipal Corporation (BMC) said. The death toll in the area also rose to 26, he said.

An anaesthetist in the city said he had to postpone two surgeries on Friday as he couldn’t prescribe Covid-19 tests after the BMC order late on Thursday barring tests except when approved by the civic health officer. “Testing on a private doctor’s prescription is currently not permitted,” said a message from one of the private labs to a doctor. “If physicians, surgeons cannot advise a test, what is the point of coercing us to open clinics and hospitals?” said a Goregaon-based doctor.

Some lockdown images and words get seared to your consciousness. That of a migrant woman carrying a big bag on her head, a child on her right hip, walking from Mumbai to Karnataka to go home under a scorching May sun. A smiling migrant worker saying philosophically that they are trying to cover long distances on foot 'Ram-bharose' (at the mercy of God).

Amid prevalent chaos and uncertainty over access to the essential services and commodities during the lockdown, we bring you the latest updates from your city.

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