Ministry refuses equity support to AIThe government’s decision not to fund Air India’s losses comes after it took on over 60% of the airline’s debt while preparing to sell the national carrier. The airlines debt stands reduced from Rs 62,000 crore to Rs 23,286 crore, which the government said is the current valuation of the … Read more
Superstar Amitabh Bachchan, on Saturday, along with his son Abhishek, tested positive for Covid-19. Senior Bachchan has been admitted to Mumbai’s Nanavati hospital where he is being kept in an isolation ward, reports Filmfare. After the news of the Big B being admitted started circulating on Saturday night, the thespian confirmed on Twitter. The 77-year-old … Read more
Three months after it reopened its economy, Wuhan’s uneven recovery offers a glimpse of the hard road back to normality for cities after containing the coronavirus. As of May, factory output, retail sales and exports in the city were nowhere near the same level as last year. That’s even though some factories worked throughout the … Read more
NEW DELHI: The helpline set up by the National Institute of Mental Health and Neuro-Sciences (NIMHANS) has received about 300,000 distress calls in the past three months as Covid-19 has wreaked havoc on people’s mental health. Most of the calls related to helplessness and anxiety of being separated from families, NIMHANS director BN Gangadhar told … Read more
NEW DELHI: The spread of Covid that touches all continents will have serious implications for international trade and effective measures are imperative to sustain trade multilateralism. “While economic, social and political life across the world got disrupted as a result of Covid-19 and is expected to unfold further in the coming weeks, months and may … Read more
GENEVA: The World Health Organization on Tuesday acknowledged “evidence emerging” of the airborne spread of the novel coronavirus, after a group of scientists urged the global body to update its guidance on how the respiratory disease passes between people. “We have been talking about the possibility of airborne transmission and aerosol transmission as one of … Read more
SAO PAULO: Brazilian President Jair Bolsonaro said on Tuesday he tested positive for the novel coronavirus, adding in a television interview that he was in good health despite running a fever. The right-wing populist, who has played down the severity of the virus which he has called a “little flu,” took the test on Monday … Read more
Mumbai: There has been a 200 per cent rise in cyber incidents in India in the last two months, but those cannot be blamed to Chinese actors, chief information security officer in the Prime Minister’s Office, Gulshan Rai, said on Monday. He, instead, blamed a shift in the service sector to work from home (WFH) … Read more
BENGALURU: Wipro chief executive officer Thierry Delaporte said the company would aim to achieve industry leading growth and strive for improvement in all spheres despite the short-term challenges. “Despite the immediate challenges, I have no doubt that we will emerge stronger. We must strive for improvement in all spheres and aim to achieve industry leading … Read more