Tuesday 17 March 2020

IT staff working onsite caught between coronavirus and a hard place

Employees working onsite said they were "scared" to travel to work locations due to the virus.
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NEWS DIGEST

Tue, Mar 17, 2020 | 04:00 PM IST

Dear Reader, here are top stories of the day.

Tech
IT staff working onsite caught between coronavirus and a hard place IT staff working onsite caught between coronavirus and a hard place
Digital payments slip 30% on Covid-19 curbs

Digital transactions processed by leading firms, both online and offline, are bearing the brunt due to restrictions i...

Today's Highlights
Super-rich stranded as bans leave private jets stuck Super-rich stranded as bans leave private jets stuck
Pakistan reports first death from coronavirus

The death was announced on a web portal the ministry launched on Tuesday to keep a track of the spread. It said 195 p...

$5.14-bn loan pact signed for Essar Steel refinancing

The 10-year-term loan would be used to refinance their acquisition of Essar Steel India, now known as ArcelorMittal N...

epaper
Tata bosses in a tense strategy huddle Tata bosses in a tense strategy huddle
Risks to India are getting clearer by the hour

Government estimates up to 50-bps hit in FY21, economists see deeper impact caused by the coronavirus outbreak....

Will know if India is going through community transmission of Covid-19: ICMR

ICMR picks up random samples of people from hospitals to ascertain the stage of transmission....

NRI
Visa freeze by US Embassy may ground IT services cos Visa freeze by US Embassy may ground IT services cos
News
Assam Rifles brass under scanner for lapses in deal Assam Rifles brass under scanner for lapses in deal
Naga-Kuki clash: Mobile internet suspended in Manpiur

"The order has been issued to prevent any disturbance of peace and public order and shall be in force for three days ...

Patanjali fined Rs 75.08 crore for not passing GST benefits to consumers

The authority has directed the company to deposit the amount, along with 18% GST, to consumer welfare funds of Centre...

Panache
Idris Elba tests positive for coronavirus; asks fans to stay at home and be pragmatic Idris Elba tests positive for coronavirus; asks fans to stay at home and be pragmatic
Caught in corona crossfire: How the current crisis has vilified the C word and a Mexican beer all at once

Other uses of the word will find it hard to regain their stature in public discourse....

RISE
Paytm hires former Coverfox CEO after failed acquisition talks Paytm hires former Coverfox CEO after failed acquisition talks
Binance sets up $50 million Indian blockchain fund

The fund, which plans to invest upwards of $100,000 per startup, promises to open up direct access to Binance's globa...

LGT Lightstone Aspada leads $7 million funding round in SmartCoin

Bengaluru-based startup to use proceeds to grow its loan book to Rs 1,500 crore, and double its user base to 10 milli...

Industry
AGR dues: Government files plea in SC for staggered payments AGR dues: Government files plea in SC for staggered payments
Coal India's receivables from power firms touch Rs 13,800 crore in February

A set of state-government owned power plants from Uttar Pradesh, West Bengal, Andhra Pradesh, Tamil Nadu and Rajastha...

Accredited pvt labs to be allowed to test for Covid-19

Asked whether others who are symptomatic but do not fit the current criteria could be tested too, Bhargava said, "All...

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