Covid 19 Affects Businesses

Covid 19 Affects Businesses

  • Posts

    Until Covid-19 vaccine arrives, nitric oxide can cure patients, save lives | Study

    A recent study has found that nitric oxide, a cell-signaling molecule that the body produces naturally, could be a potential treatment for coronavirus infection until a vaccine arrives.Prevention is the best strategy to fight Covid-19, a pandemic caused by a coronavirus named SARS-CoV-2. The world is waiting with baited breath for a clinically approved...

    • 7 days ago
  • Industry News

    Amid demand revival, steel companies hike prices by Rs 2,000/T

    In a sign of economic activity gradually picking pace in the unlock phase, steel companies have increased the price of the metal for the fourth month in a row in October on the back of demand revival and firm price trends in the overseas market.Benchmark hot rolled coils (HRC) prices have increased by Rs 1,000-2,000 per tonne for October deliveries to Rs 43,000-43,500 per tonne...

    • 3 weeks ago
  • Topstories

    DDCA suffered Rs 1.72 crore loss in FY 2018-19: Forensic audit report

    New Delhi, Oct 5: The Delhi and District Cricket Association (DDCA) suffered a loss of Rs 1.72 crore in financial year 2018-19, a forensic audit report of the balance sheet has revealed. The DDCA's total income was Rs 36.93 crores, but the books show that it spent Rs 38.66 crores. The DDCA sustained this loss, as the forensic report indicates, largely due to a highly...

    • 3 weeks ago
  • Business

    Adani Group stocks in focus; jump up to 7.6 pc after GVK deal

    Adani Group stocks on Monday surged up to 7.6 per cent, after the group said it will acquire GVK's stake in Mumbai airport to become the country's biggest private airport operator. On BSE, Adani Green Energy jumped 7.65 per cent, Adani Ports and Special Economic Zone rose by 5.24 per cent and Adani Power 4.97 per cent. Shares of Adani Enterprises also gained 3.22 per cent...

    • 2 months ago
  • Featured Stories

    ICICI Bank sells 2% stake in ICICI Securities to meet norms

    Mumbai, Aug 28 ICICI Bank has sold 2 per cent stake in ICICI Securities for around Rs 310 crore ... Mumbai, Aug 28 ICICI Bank has sold 2 per cent stake in ICICI Securities for around Rs 310 crore through open market sale in a step towards meeting the minimum public shareholding norms. The bank sold 64.42 lakh equity shares of face value of Rs 5 each, it said in a regulatory filing....

    • 2 months ago
  • Market News

    ICICI Securities share slips over 3% as ICICI Bank to sell stake

    Share price of ICICI Securities fell over 3% today after promoter ICICI Bank said its board has approved to offload up to 2 per cent stake in broking and investment banking unit. ICICI Securities stock fell up to 3.39% to Rs 488 against previous close of Rs 505.80 on BSE. ICICI Securities share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. The...

    • 2 months ago
  • Home

    This Week: Consumer Confidence, GDP, Consumer Spending

    A look at some of the key business events and economic indicators upcoming this week: EYE ON CONSUMERS The economic fallout from the pandemic has eroded consumers confidence. An index measuring consumers views about the short-term outlook for income, business and labor market conditions declined from a reading of 130.4 in January to 85.7 in April. It has improved since then as large swaths...

    • 2 months ago
  • Auto

    China's Geely Automobile First-Half Profit Drops 43% Due to Coronavirus Hit

    SHANGHAI China's Geely Automobile Holdings Ltd said on Monday first-half net profit fell 43%, as the coronavirus outbreak slammed the brakes on auto sales in the world's biggest market. Geely, China's highest-profile automaker globally due to the group's investments in Volvo Cars and Daimler AG, posted January-June profit of 2.3 billion yuan ($331.37 million), versus...

    • 2 months ago
  • Home

    Japan sees worst Q2 GDP contraction in 40 years amid COVID-19

    Japan's economy in April to June period shrank an annualised 27.8 per cent in real terms from the previous quarter, the sharpest contraction in 40 years as COVID-19 pandemic upended the economy, reports said. It is the worst result since comparable data became available in 1980, said NHK World, as personal consumption plunged while people stayed at home and businesses closed...

    • 2 months ago
  • World

    Japan sees worst Q2 GDP contraction in 40 years amid COVID-19

    Tokyo: Japan's economy in April to June period shrank an annualised 27.8 per cent in real terms from the previous quarter, the sharpest contraction in 40 years as COVID-19 pandemic upended the economy, reports said on Monday. It is the worst result since comparable data became available in 1980, said NHK World, as personal consumption plunged while people stayed at home and...

    • 2 months ago

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