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The Economic Times newspaper is back in Mumbai and Pune

The Prime Minister has repeatedly spoken of media as an essential service, and several Central government orders have been issued in the past fortnight to back this up – exempting news-gathering and distribution staff from the lockdown, and asking states to facilitate their movement. Before the announcement of the lockdown, the PM also spoke of the “tremendous credibility” of newspapers.

India under lockdown: Broadcasters stare at drop in ad revenues

Top broadcasters, media buyers and advertisers ET spoke with, feel that if the situation doesn’t improve by end of April, the TV industry will end up with a 30-40% drop in ad revenues in April and May. Experts say that while March is usually a slower month for advertising, many top spending categories spend heavily during these two moths on IPL and the summer season.

Covid-19 impact: India's wealthy have started detailing bequests, worried about both mortality & wealth erosion

As the Covid crisis unfolds, legal firms are seeing a sharp rise in consultation on writing wills and estate planning. It’s not just intimations of mortality. The economic and market meltdown caused by the pandemic is also pushing the wealthy to make sure that those they want to take care of do not suffer.

Where there’s Covid, there’s a Will: The wealthy start detailing bequests

India’s rich have started detailing bequests, worried about mortality & wealth erosion.

Coronavirus news: Reliance sets up India's first COVID-19 dedicated hospital in Mumbai

Reliance Industries Limited (RIL) has set up India's first COVID-19 dedicated hospital in Mumbai. This first-of-its-kind-in-Indiacentre is fully funded by Reliance Foundation and includes a negative pressure room that helps in preventing cross contamination and helps control infection. All beds are equipped with the required infrastructure, biomedical equipment such as ventilators, pacemakers, dialysis machines, and patient monitoring devices. 101 positive COVID-19 cases have been reported in Maharashtra so far.Coronavirus news: Reliance sets up India's first COVID-19 dedicated hospital in Mumbai

After 'Ramayan', now 'Shaktimaan' set to return to TV screens amid coronavirus lockdown

The show aired on DD 1 from 1997 to 2005.

One fund manager buys ‘every day’ as market tanks on virus

The fund beat its benchmark in 2019 largely because the U.S. market outperformed India.

Students Come Back Home: From foreign varsities to local prejudice

Social stigma, hostility, near-boycott - Indians who were studying abroad and came back home are facing all of this and then some. Local citizens are responding with various degrees of hostility to those with travel history.

Stocks in the news: YES Bank, HUL, Glenmark Pharma, Dabur India and India Cements

Radico Khaitan has said the company will start manufacturing hand santizer from its Rampur distillery.

(Missing the) Message in a Battle

GoI has failed to ensure informed communication through identified experts who would be made available to mass media, especially TV. Most TV channels filled this gap with semi-informed commentary by celebrity doctors from branded private hospitals with very little expertise in the problem at hand.

PM Modi's 21-day 'complete lockdown' address most watched event on TV

As per data from TV viewership monitoring agency BARC India, the PM’s address was viewed live by 197 million people, across 201 TV channels. The 8 pm speech was views for a record 3.891 billion minutes. In comparison, the last IPL final was viewed by 133 million viewers.

Time spent on watching TV, with smartphone rises as people stay indoors: BARC data

​​ For the week between March 14 to March 20, there was a 6 per cent increase in the reach of the television, while the average time per user went up by 2 per cent, the Broadcast Audience Research Council (BARC) India said in a statement.

Lots of jobs at risk, industry revival will depend on stimulus: Puneet Chhatwal

I am cautiously optimistic that we will have a solution in 2-3 weeks, says MD & CEO of IHCL.

Covid-19 impact: TV, mobile consumption witness major spike

While the daily total time spent per viewer also jumped from 3 hour 46 minutes in January to 3 hours 51 minutes each in week under consideration. The increase in TV viewership was driven by kids (20%) after schools were shut down and kids could even venture out due to restrictions in place.

Uddhav Thackeray asks cops not to beat people randomly on roads

High handedness by police forces confused by mixed signals from the political brass in the state disrupted essential services for citizens in many parts of Maharashtra as people found it difficult to reach their work places.

Renowned chef Floyd Cardoz passes away at 59 due to coronavirus, tributes pour in from around the world

The culinary star was the co-owner of 'Bombay Canteen', 'O Pedro' and 'Bombay Sweet Shop'.

Stocks in the news: YES Bank, Adani Ports, Lakshmi Vilas Bank and TCS

The committee of creditors (CoC) of grounded Jet Airways will meet on March 12.

Too young for senior position? Age-based bias becoming more prominent at workplaces

​​About 33% of Indian employees face or have faced age-based bias at their workplace.

Big Bazaar shares its new doorstep delivery plan for lockdown period

The services will be available in Mumbai, along with Delhi NCR, parts of Uttarakhand, Madhya Pradesh, Himachal Pradesh, Jammu and Punjab. In a series of tweets, Big Bazaar shared phone numbers for different outlets where customers can call and place orders.

Podcasts find their voice during COVID-19 pandemic

Indians, stuck at home due to the lockdown induced by the Covid-19 pandemic, are turning to podcasts to keep themselves entertained as they go about their daily chores, giving a boost to the fledgling industry.

COVID-19: Construction disruption across India in Q4 may hurt companies

Construction work has come to a standstill as the lockdown kicked in, triggering concerns that the companies would see revenues being hurt and may even incur losses on some projects.

Kanika Kapoor tests positive for coronavirus again; 'missing' entrepreneur-friend tests negative

The singer is being treated at SGPIMS, UP.

Maharashtra health minister says newspapers dont cause coronavirus

Maharashtra Health Minister Rajesh Tope on Tuesday slammed rumours that claimed that newspapers were spreading the coronavirus and said that the rumours were ‘baseless’.

Healthy outlook from US banks is good news for Indian IT

US banks, including Citibank, JP Morgan, Goldman Sachs, Wells Fargo and Bank of America have said they would continue to invest in technology to improve internal efficiencies and towards new products and services. Tech spending has been rising in largest and top regional banks in the US, and this has improved the contribution to incremental revenues and growth across Indian IT.

Stocks in the news: YES Bank, Indiabulls Housing, SBI, IndusInd Bank and RIL

DLF said a panel constituted by its board has approved a proposal to raise up to Rs 1,000 crore.

After SC order, India's cryptocurrency space is whirring back into action

​​Even as Coronavirus spread, with sectors such as retail, travel, aviation, realty and others hunkering down to face prolonged economic pain, the small club of cryptocurrency players stood out. They are hiring and are witnessing customers, particularly millennials, flocking in to buy virtual money.

RIL gains 15% amid reports of Facebook looking to buy 10% stake in Reliance Jio

Kotak Institutional Equities said that Facebook’s reported interest may be driven to enhance addressable opportunity in its largest market in terms of subscriber base.

Why Apple's upcoming first India store is making news

Apple currently sells its devices through third-party reseller outlets like Amazon, Flipkart and Paytm Mall. Apple plans to sell its devices through its own website starting the later half of this year and will build a physical store, most likely in Mumbai, next year.

In Mumbai, Microsoft boss Nadella trumpets cloud tie-up with India's Reliance

"We've been working with Reliance across the entire stack - everything from what they are going to be doing with Azure in their own data centres and how they will extend it... It's sort of a great example of a business leader and a company which is in very diverse sectors to take a platform approach, to use technology to create more technology," said India-born Nadella at the event in Mumbai.

'Janata curfew' should have come a week ago: Sanjay Raut

"The curfew should have been imposed a week ago. The government may have different views, but in my personal opinion, the decision of lockdown should have been announced earlier," senior Shiv Sena leader Sanjay Raut said. ​​

ITAT wants Volkswagen to pay taxes for a six-year-old deal with Nicolas Cage

Six years later a tax tribunal has ruled that the payment of $440,000 by Volkswagen Finance, a Volkswagen arm in India, for the celebrity appearance should be taxed in India.

Market recovery continues for 2nd day on US stimulus

The volatility index (VIX) declined 8 per cent to 76.96, after a high of 86.6 in the previous session.

Janata Curfew row: Amitabh Bachchan claims vibrations from clapping destroy virus, Twitter schools him

The actor deleted his tweet after it got backlash from Twitterati.

Circuit breakers and their role in cooling volatility

This is second time since January 21, 2008 and sixth time in the past two decades that trading in India has been frozen because of indices hitting the lower circuit.

Boots on the ground: A thousand in search of singer Kanika Kapoor’s footprints

Over 100 teams, comprising around 1,000 members of the local administration and the UP health department, have been tasked to track down all possible contacts of singer Kanika Kapoor during her stay in the city since March 11. She tested positive for Covid-19 on Friday. On Saturday, the team scanned nearly 22,000 residents living near Kanika’s house.

Covid-19: Some travelers from high-risk countries escaped quarantine in India

The Centre has put seven countries which have seen large-scale outbreak of the virus in "negative" list, and passengers from these places are placed in compulsory quarantine whether they have any symptoms or not, Maharashtra Health Minister Rajesh Tope told a news channel. Maharashtra has reported at least 47 coronavirus patients so far.

Shutting down the market even for a day would be disastrous: Nikhil Kamath

The Co-Founder & CIO of Zerodha says people with a three-year or a five-year kind of outlook are buying into this market. All of that is prudent as long as they are doing this without any leverage. If they are willing to buy a 50% now, and have some cash at hand to buy more if there is a further correction, that would be a good thing to do.

Cadila, Torrent, Ipca Labs surge as malaria drug found effective against Covid-19

Trump touted that generic malaria drug hydroxychloroquine has been used with some success in treating Covid-19.

Tough to say where the market bottom is, say D-Street experts

Trading was halted for 45 minutes at 9.57 am (IST) within the first hour of trade.

Cyber crooks lurk in dark as bank staff work from home

Cybersecurity experts warn that the ongoing situation has made cybercriminals more active as they are increasingly targeting both the bank employees with malware attacks, and the unwitting customers using digital channels with scam messages, to defraud them and gain remote access to secure networks.

Stocks in the news: Bandhan Bank, Voda Idea, YES Bank, IRB Infra and BPCL

BPCL has procured 500 million barrels of distress crude (five shiploads) at a discount of $3-5 per barrel.

View: Coronavirus lockdown is a $28 billion gig-loan buster

While many countries in Asia, Africa and Latin America also use microcredit to grease consumption at the bottom of the pyramid, India’s banks and shadow financiers are already reeling under a severe crisis of confidence.

Offshore funds dump blue chips as Covid-19 fears plague investors

Stoppage of fresh inflows on worries of recession are forcing foreign funds to liquidate holdings.

How shows like 'Ugly Delicious' are helping explode the myth of a universal curry powder

People are passionate about food and like to see their choices validated.

India's coronavirus count crosses 300-mark; ICMR widens testing net

ICMR has widened the scope of testing to include some asymptomatic individuals as well.

After slowdown FM radio industry faces Covid-19; seeks government support

The Covid-19 pandemic is now destroying the industry. FM radio now desperately needs support from the government: short-term life support as well as long-term policy support. AROI, the FM broadcasters’ association has written to Prakash Javadekar, minister for information and broadcasting, seeking his urgent intervention.

Stocks in the news: YES Bank, Vodafone Idea, Shree Cement, Vedanta and Bharti Airtel

Centrum maintained its ‘buy’ rating on Pfizer with a target price of Rs 5,000.

Sensex posts biggest gain in 11 years: Investors richer by Rs 4.7 lakh crore

India Vix snapped two-session winning streak and tumbled 7.94 per cent to close at 76.96

Stocks in the news: Vodafone Idea, DMart, Network18 Media, DHFL, Simplex Infra and Godrej Properties

Bharti AIrtel raised Rs 2,500 crore by selling bonds, even as the telco paid a part of its telecom licence fee dues.

Hiring of top executives likely to be delayed by a quarter due to coronavirus spread

Usually, hiring of top executives such as chief executives, and operations and finance chiefs remains much less affected than others, because companies can't hold off hiring for critical roles. But now, the next few weeks will be the deciding factor and even crucial roles will get impacted if the situation escalates, experts fear.

Corporate chatter: A Mumbai CEO caused a Covid-19 scare by coughing on a flight; Lenskart boss taking masterclasses from Manish Choksi

For Indian IT sector CEOs, travelling in the times of Covid-19 has become fraught with drama.

Stocks in the news: IRCTC, IDBI Bank, SPARC, IndusInd Bank, Hindalco and Info Edge

PI Industries, IPCA Labs, VIP Industries and Natco Pharma are among a few companies which will report Q3 results today.

Stocks in the news: YES Bank, Airtel, GE T&D India, JSW Steel, Adani Green and Voda Idea

Vodafone Idea will drop brand name "Idea" from its postpaid services.

Housing prices in Gurugram fall 7%, Noida by 4% in last 5 yrs: PropTiger

However, Hyderabad saw the average value of apartments increase by 40 per cent to Rs 5,318 per square foot. In Mumbai, the average value rose 15 per cent to Rs 9,446 per sq ft.

Stocks in the news: YES Bank, M&M, Grasim, SBI, IDBI Bank and SAIL

DRL says it would keep focusing on emerging markets and India for business growth.

Rare copy of Kishore Kumar's 1957 film found, 60 yrs after Mumbai HC order to destroy prints

The rare clip features footage of 60 to 70 minutes.

Sucker rally or speculation? Analysts warn YES Bank rally to fizzle out fast

Most market analysts on D-Street advised retail investors to exercise caution.

Private sector banks safe, RBI tells chief secretaries

Apprehension on the safety of deposits in private banks is highly misplaced, the letter says asking chief secretaries.

FIIs pull out $4.9 billion from equities in March; outflows set to surpass 2008 levels

Foreign investors say Dalal Street may be better placed relative to emerging market peers.

Vistara imposes travel ban on Kunal Kamra

On January 28, Kamra was banned by IndiGo from flying with the airline for six months for allegedly heckling a private TV news anchor. The ban period was later reduced to three months. As per norms, any allegation of misbehaviour mid-air by passengers has to be investigated by an internal committee set up by the carrier concerned.

Smallcaps & midcaps look more attractive than largecaps: Nilesh Shah

My past experience is that at the bottom of the market forms at the peak of the crisis because that is where people become most pessimistic, says MD, Kotak AMC.

If you think macros & news flow, you make less money in India: Saurabh Mukherjea

This entire discretionary consumption gamut will have an immensely profitable run over the next 10 years, as they formalise through and further benefit from that 15 per cent tax rate that the FM has offered, says founder of Marcellus Investment.

Fear gauge spikes the most since Aug 2009 as bear grip tightens

VIX, which touched a high of 42.32 intraday, has moved up by 65 per cent in the last three sessions alone.

Travellers from China to be screened for novel coronavirus at Delhi, Mumbai, Kolkata airports

The government has also issued a travel advisory asking citizens travelling to and from China to follow certain precautionary measures. It stated that as on January 11, as many as 41 confirmed cases of the infection by a novel coronavirus have been reported in China, and one person has died.

Coronavirus in India: Death toll at 2; States get into lockdown mode

High-profile events like the Indian Premier League (IPL) was postponed by two weeks, while novel coronavirus-related disruptions continued in various sectors.

2019 - The year of fake news

CAA protests latest in a series of events that triggered extensive spread of misinformation across social media, say fact checkers.

Yes Bank crisis impact: Your money’s safe, private banks tell depositors

RBL, Karnataka and South Indian Bank have clarified that rumours around their financial health are untrue.

Coronavirus fallout: Deepika Padukone to give Paris Fashion Week a miss

France has till now confirmed 130 cases and two deaths from COVID-19.

Modi explores spending boost to contain coronavirus fallout

The RBI wants to keep the rupee stable and will continue using long-term repurchase operations.

Coronavirus cases rise to 283 in India; sees highest rise in a day

The country is also set to observe a janata curfew from 7 am to 9 pm on Sunday after Prime Minister Narendra Modi on Thursday pitched for social distancing, asking people, barring those in essential services, not to get out of their homes.

Covid-19: How the deadly virus hints at a looming financial crisis

Covid-19 has created not just a health emergency but a financial crisis. It could not have come at a worse time for India, already in the middle of a slowdown.

SBI says a 49% stake in Yes Bank will cost $331 mn

SBI Chairman Rajnish Kumar told reporters on Saturday the bank's capital infusion into rescuing Yes Bank would have a "very marginal" impact on SBI's capital adequacy ratio. On Thursday, the Reserve Bank of India (RBI) took control of Yes Bank, imposed limits on withdrawals to protect investors and said it would work on a revival plan.

Stocks in the news: ONGC, IIFL Securities, YES Bank, Aurobindo Pharma and RIL

Sterlite Technologies bagged a Rs 1,800 crore project from Telangana Fiber Grid Corp

Stocks in the news: Sun Pharma, YES Bank, RCom, Tata Motors and SAIL

Steel Authority of India said it has recorded a 47% rise in sales during Dec.

YES Bank says NPA troubles to continue in FY21; CEO-designate confident of surviving storm

The bank witnessed withdrawals of over Rs 72,000 crore of deposits in the last six months to Rs 1.37 lakh crore.

Coronavirus fall to have minimal impact on India's GDP: Report

The Carona virus is slowly spreading to the rest of the world which was largely concentrated in China, and is expected to have adverse economic consequences. If China's economy slows to 1.2 per cent in January-March quarter, the GDP shock to India from the demand side could be about 0.4- 0.5 per cent, the report said.

Stocks in the news: Wipro, IndusInd Bank, Hindalco, Religare Enterprises and Vodafone Idea

The Blackstone Group will invest up to Rs 380 crore in Allcargo Logistics’ warehousing business.

Covid-19 bugs Indian IT's travel, hospitality clients

Analysts see big impact as travel and hospitality firms defer spending in new tech projects as well as bargain for lower prices in existing projects. IT services exporters, especially mid-tier firms, are going to be “hit hard” given their higher exposure to the vertical, analysts said.

Time to get in shape! Here are six easy workout routines and exercises that you can follow while in quarantine

If you’re cooped up and anxious, getting a workout in can do wonders.

Stocks in the news: Infosys, YES Bank, D-Mart, Edelweiss Financial and Snowman Logistics

Drug firm Granules India is recalling over 2.3 crore ranitidine tablets.

M&A deals in India get delayed, called off, as virus spreads

Market corrections have erased 10% of India’s m-cap, prompting a re-look at many deals

Coronavirus impact: Indian auto makers may start getting Chinese supplies soon

Chinese suppliers have prioritized shipments to large Indian automakers, industry sources said.

Biggest rescue of Indian bank will deepen lenders’ funding woes

The dramatic actions are intended to avoid a collapse of India’s fourth-largest private bank.

Auto firms likely to have negative news on Dec sales on New Year’s Day

Prabhudas Lilladher projects 5-6 per cent drop in personal vehicle sales on year-on-year basis.

Anti-CAA protests reach Mumbai; students take to streets

Hundreds of students from the Tata Institute of Social Science (TISS) and the University of Mumbai held protests to denounce the BJP-led government over the Citizen Amendment Act (CAA) and also the proposed National Register of Citizen (NRC).

Stocks in the news: YES Bank, Prince Pipes, SBI, Adani Green and ICICI Bank

Care Ratings downgraded YES Bank’s infrastructure bonds, lower tier II bonds and Tier II bonds.

Applause Entertainment, Firework partner to create short format originals and IPs

Applause Entertainment will develop ambient content around existing shows and IPs, original content in short format for Firework.

Fake news alert: Parineeti Chopra's 'Beti Bachao' contract expired in 2017, not after CAA protest

There were reports that the actor was dropped from the campaign after she called the police action on Jamia students 'barbaric'.

A sucker market rally in offing, but Street needs to be wary

A sharp rebound might be in the offing with central bankers scampering to talk up the market.

On India Inc's social calendar: Bezos bonds with Mumbai A-listers; Rajan Mittal's B'day bash; Shikha Sharma turns gracious hostess for daughter's wedding

As Bezos came calling, he got the red-carpet treatment. Here's what's keeping India Inc busy...

Shaktikanta Das sees room to cut rates as coronavirus dents growth

Options include a rate cut and supporting the market through liquidity measures, says Das.

Maharashtra CM discussed GST compensation, PMC bank issue with PM: Aaditya Thackeray

Aaditya described Uddhav Thackeray's first visit to the national capital after becoming chief minister in November last year, as "smooth" and "cordial". Aaditya, who also holds Protocol department, said the meeting with Congress president Sonia Gandhi was a "political one."

Rupeek gets $60 million led by GGV, Binny Bansal and Bertelsmann

The company has partnered banks such as ICICI Bank, Karur Vysya Bank and Federal Bank to provide loans where customers can get their gold valued at home and receive the loan amount directly into their bank accounts.

Ex-GroupM top executive is Publicis’ new CFO

Vasani told BE, “This was not an easy decision on my part and it took a great deal of consideration. It is always exciting and yet, a bit unnerving to move out of your comfort zone. But, as they say — do what you got to do. I’m headed off to explore my next chapter.”

Sebi ban on Karvy: Why it may be a bad news for discount brokers

Karvy serves 70 million investors and provides investment advice to more than 600 firms.

Stocks in the news: NIIT Tech, Indiabulls Realty, Future Retail, Prestige Estates and Jet Airways

Prestige Estates Projects's board has approved issuing 1.34 crore equity shares to GIC.

For Dalal Street still no light at the end of the tunnel

Analysts expect broader indices to fall by another 3-4%, bank stocks to see increased volatility.

Stocks in the news: YES Bank, Reliance Infra, IDBI Bank, DHFL and KEC International

KEC International said it has bagged orders worth Rs 1,520 crore across various business verticals.

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