NEW DELHI: The Central Bureau of Investigation acted swiftly to arrest DHFL promoters Kapil and Dheeraj Wadhawan. Rather than waiting for May 5, the next date of hearing, when a court in Mumbai was to resume hearing a petition filed by Wadhawans seeking stay on their arrest, CBI moved the […]
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Kolkata: Large and small retail stores stayed shut in most parts of the country over the weekend despite the ministry of home affairs (MHA) announcing certain exemptions from the Covid-19 lockdown on Friday. Some states refused to relax the shutdown and retailers said there was lack of clarity on what […]
New Delhi: Demand for cheese, noodles, frozen non-veg snacks, butter, rice, digestive biscuits, chocolates and lemon shot up 50-150% sequentially in the first three weeks of the lockdown in India, executives at companies and retail chains said. While companies have to push through supply constraints to meet increased demand in […]
New Delhi: India’s major urban centres mostly remained shut on Monday without any relaxations amid concern that five big cities — Delhi, Mumbai, Pune, Indore and Ahmedabad — accounted for nearly 60% of Covid-19 deaths. The PM had said the shutdown would be partially eased in areas that had managed […]
NEW DELHI: As Australia repatriated 444 of its nationals on a special flight from New Delhi to Melbourne over the weekend, many others, particularly from the US, are opting to remain here, as US becomes the country worst hit by Covid-19. Earlier this week, US officials said a number of […]
With India planning to go dark for nine minutes on Sunday night at 9 pm on call from Prime Minister Narendra Modi, there have been talks of a potential nation grid collapse due to sudden fall in demand. Let me tell you, the fears are grossly exaggerated. The big question: […]
MELBOURNE: In a relief to foreign students, including from India, facing financial hardships during the coronavirus pandemic, the Australian government has announced that those who have completed one year of stay in the country were eligible to access their superannuation. The latest move comes a day after Prime Minister Scott […]
Mumbai | New Delhi: Covid-19 forced work-from-home on companies. WFH may stay even after the pandemic scare fades. HR heads of major companies say WFH is a “trial run on a big scale” and a “silver lining in the whole calamity”. Employers and employees benefit from WFH even in normal […]
New Delhi: India’s electricity demand plummeted this week as factories and offices were forced to close due to the Covid-19 lockdown. Peak demand touched a low of 135 GW on Sunday against an average of about 155 GW in March last year, pushing spot power prices on the Indian Energy […]
Companies in India are scrambling to ensure that the millions who staff the back offices of Wall Street banks and take on work outsourced by firms from airlines to insurers can keep going as the nation mandates increased work from home amid a spike in coronavirus cases. UBS Group AG, […]