Wednesday, 4 March 2020

28 confirmed cases of coronavirus in India

"There is one patient in Delhi, one in Telangana and six in Agra who have tested positive for COVID-19. Apart from these, 16 Italian nationals have tested positive for the disease. the driver of the group of Italian nationals, who were touring in Jaipur, has also tested positive," said Harsh Vardhan.
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NEWS DIGEST

Wed, Mar 04, 2020 | 04:38 PM IST

Dear Reader, here are top stories of the day.

News
28 confirmed cases of coronavirus in India 28 confirmed cases of coronavirus in India
What if you can't afford to fight coronavirus?

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Coronavirus fall to have minimal impact on India's GDP

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Today's Highlights
PSB merger gets Cabinet nod; four mega banks soon PSB merger gets Cabinet nod; four mega banks soon
Govt approves more amendments to companies law

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Lok Sabha passes Direct Tax Vivaad Se Vishwas Bill

A bill to provide an opportunity to taxpayers to settle their tax disputes by paying just due taxes with complete wai...

Industry
Amid coronavirus scare, Jio may opt for multiple vendors Amid coronavirus scare, Jio may opt for multiple vendors
Coke's Quincey talks retail tieups with Mukesh Ambani

"The discussion was about how Coca-Cola could come on board with Reliance for various sponsorships and furthering the...

How long will India's coronavirus medicines hold out?

A committee formed by the government has assured that India need not worry about drug shortages. The committee, in it...

RISE
Filings show Uber Eats sold India unit for $206 million Filings show Uber Eats sold India unit for $206 million
E-tailers to rejig supply chains on shortage fears

Both Flipkart and Amazon, through their private labels like MarQ, AmazonBasics and Solimo, sell large appliances. The...

Amazon gets first case among US staff

The company said on Sunday two employees in Milan, Italy, had been infected with the virus and were under quarantine....

Tech
Infosys sees a billion dollar in the cloud Infosys sees a billion dollar in the cloud
One Intel employee in Bengaluru potentially exposed to coronavirus, under quarantine

The company said it is monitoring the coronavirus situation closely and working to ensure that its employees have the...

Banking ban on cryptocurrencies considered disproportionate by SC

IAMAI had argued in the SC that the RBI circular was disproportionate. "They (Three-judge bench) have cited the grou...

Wealth
You can save more than Rs 62,000 tax via NPS You can save more than Rs 62,000 tax via NPS
Jobs
Average pay hikes for India Inc likely to be around 7.8% for 2020: Deloitte Survey Average pay hikes for India Inc likely to be around 7.8% for 2020: Deloitte Survey
Panache
India Inc feels coronavirus jitters, Mahindra pushes for work from home culture India Inc feels coronavirus jitters, Mahindra pushes for work from home culture
Mutual Funds
Should you stop investing in ELSS mutual funds after this financial year? Should you stop investing in ELSS mutual funds after this financial year?
Focused funds with concentrated bets outshine their large-cap peers

Over these time periods, focused schemes have given average returns of 8.6%, 7.7%, 6.2% and 10.5%, respectively. By c...

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