DMart added 18 stores last quarter and 38 for the full year, taking the store count to 214. Photo: Mint
DMart added 18 stores last quarter and 38 for the full year, taking the store count to 214. Photo: Mint

DMart resilient in Q4FY20; tough road ahead

  • Even as March quarter results have been robust despite the covid-19 disruption, management commentary on the near future is cautious and that could well cap the gains in the stock, going ahead

HDFC had reported net profit of  ₹2,862 crore in the corresponding quarter of the previous year.
Passengers wearing face masks maintain social distance at Indira Gandhi International (IGI) airport, (REUTERS)

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A member of the Central Industrial Security Force (CISF) checks the ID of a passenger through a glass shield, (REUTERS)
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Reliance Retail operates 11,784 stores at over 6,600-plus towns and cities. (Photo: Mint)
A passenger scans her ticket as she arrives at Birsa Munda International Airport, following the resumption of domestic flights, in Ranchi, Monday (PTI)
A passenger scans her ticket as she arrives at Birsa Munda International Airport, following the resumption of domestic flights, in Ranchi, Monday (PTI)

'Don't know what to do': Domestic flights restart hits chaos and cancellations

  • New restrictions at major airports, including Mumbai and Chennai, forced airlines to scramble late on Sunday to revise schedules
  • The confusion will make it even harder for airlines to recover from the impact of a two-month lockdown

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The brand will launch deodorant, body wipes and perfumes in the future
The brand will launch deodorant, body wipes and perfumes in the future

Salman Khan launches personal care brand Frsh

  • The brand has been co-created by Scentials Beauty Care and Wellness, co-founded by former tennis professional Mahesh Bhupathi
  • The Frsh sanitisers are 72% alcohol-based and available on its official website

A member of the Central Industrial Security Force (CISF) checks the ID of a woman through a glass shield,  (REUTERS)
Bajaj Allianz life insurance customers can get a loan of up to 90% of surrender value of the policy
Maharashtra recorded the biggest spike in daily COVID-19 count. (MINT_PRINT)
Delhi recorded over 500 coronavirus cases in last 24 hours. (PTI)
Shooting abroad is always more expensive, sometimes 20-30% more than what the same film would have cost to make in India.
Shooting abroad is always more expensive, sometimes 20-30% more than what the same film would have cost to make in India.

Filmmakers to go vocal for local

  • Citing issues of limited cash flows and paranoia around travelling abroad, filmmakers said shooting in small, contained sets within India seems a feasible option for now
  • No producer would want to take risks till the situation seems under control, even if restrictions on flying abroad are lifted

Some companies say operating costs may jump in the wake of an acute labour shortage. (Photo: Mint)
Some companies say operating costs may jump in the wake of an acute labour shortage. (Photo: Mint)

Worker exodus raises wage cost

The exodus of the migrant labour, estimated at 25% of the population in big cities, has affected business across the board

FMPs’ small size allows them to only hold a few debt papers.
CBSE exams, which were postponed in view of the coronavirus lockdown, will now be held from July 1 to July 15.
Madhu Kumari gave birth to a girl on board a special train for migrant workers.
PIA plane crash: PK-8303 tragedy is one of the most catastrophic aviation disasters in Pakistan's history. (AFP)
An Indigo flight directed to Varanasi takes off at the Kamaraj domestic airport during the first day of resuming of domestic flights. (AFP)
Vivan Sharma went on a small holiday to Delhi to visit his grandparents. (ANI)
Photo: Reuters
All the EPFO services have been moved to the Umang app. (Priyanka Parashar/Mint)
Delhi CM Arvind Kejriwal urged the citizens not to worry as the fatality rate is relatively low in the state (PTI)
Passengers at Delhi's IGI airport Terminal 3.  (Pradeep gaur)
Started three years ago, Repos Energy runs mobile petrol pumps and is funded by veteran industrialist Ratan Tata.
Nisha Biswal, president of the US-India Business Council (USIBC).
Union Minister for Health & Family Welfare, Science & Technology and Earth Sciences, Dr. Harsh Vardhan. (ANI)
Union Minister for Health & Family Welfare, Science & Technology and Earth Sciences, Dr. Harsh Vardhan. (ANI)

Covid-19 vaccine: India to begin clinical trials in 3-5 months

  • India is working on 14 vaccines related to Covid-19
  • The Indian government will provide financial support and regulatory clearance to those working on vaccines

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Singapore reported 642 new Covid-19 cases as of noon on Saturday.
Rural unemployment rate of 25.09% is one of the highest since India went to a lockdown in end March
A file photo of Bengaluru airport. (Mint)
Picture for representation. (Mint)
Picture for representation. (Mint)

Covid-19 pandemic open doors for 4-day workweek

  • After quashing coronavairus outbreak in less than 50 days, Ardern floated the idea of having a four-day workweek which has been implemented in some countries
  • There are different models for the shortened week, some of which envision the same output condensed into fewer hours

In this image made from video, New Zealand Prime Minister Jacinda Ardern looks up when an earthquake struck during a live television interview in Wellington, New Zealand, Monday morning. (AP)
In this image made from video, New Zealand Prime Minister Jacinda Ardern looks up when an earthquake struck during a live television interview in Wellington, New Zealand, Monday morning. (AP)

When earthquake hit New Zealand, trains stopped but PM went on with TV interview

  • New Zealand Prime Minister Jacinda Ardern maintained her cool during a live TV interview during an earthquake
  • New Zealand sits on the Pacific Ring of Fire and is sometimes called the Shaky Isles for its frequent quakes

BigBasket looks to go public in India or overseas 12 months from the latest round.  (Photo: Mint)
Bengaluru: A worker sprays disinfectant at Kempegowda International airport  (PTI)
Bengaluru: A worker sprays disinfectant at Kempegowda International airport (PTI)

Bengaluru airport introduces 'contactless journey' to contain Covid-19

In order to contain coronavirus transmission among passengers and staff, the Bangalore International Airport Limited introduced the new feature of contactless journey right from pre-entry check to security check and boarding

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