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Coronavirus: Bengaluru shuts down; firms ask employees to work from home

Coronavirus: Bengaluru shuts down; firms ask employees to work from home

After a Google employee in Bengaluru tested positive on Thursday, the US-headquartered company has shut its office in the city for a day asking all employees to work from home as a precautionary measure.

We can confirm that an employee from our Bangalore office has been diagnosed with COVID-19. They were in one of our Bangalore offices for a few hours before developing any symptoms. The employee has been on quarantine since then, and we have asked colleagues who were in close contact with the employee to quarantine themselves and monitor their health, said the company in a statement.

Govt extends deadline to submit bids for Air India sale till April 30

Govt extends deadline to submit bids for Air India sale till April 30

The government on Friday extended the deadline for submitting bids for buying 100 per cent stake in Air India till April 30.

The deadline was originally set at March 17.

The government had allowed access to the virtual data room of Air India to interested bidders late in February and allowed them further time till March 6 to pose queries.

India registers first coronavirus death as Karnataka man, who passed away on Tuesday, tests positive for COVID-19

India registers first coronavirus death as Karnataka man, who passed away on Tuesday, tests positive for COVID-19

In what has now been confirmed as the first death in India due to the Novel Coronavirus pandemic, the samples of a 76-year-old man who passed away on Tuesday in Karnataka's Kalaburagi have now tested positive for the virus infection.

A statement issued by B Sriramulu, Minister for Health and Family Welfare of Karnataka, read, "The 76-year-old man from Kalburgi who passed away and was a suspected COVID 19 patient has been Confirmed for COVID 19. The necessary contact tracing, isolation and other measures as per protocol are being carried out. Telangana government has also been informed since he went to a private hospital there."

Coronavirus can be controlled: Over 68,000 have recovered so far globally

Coronavirus can be controlled: Over 68,000 have recovered so far globally

The Coronavirus outbreak has taken the world by a storm, with governments globally scrambling to control the outbreak, which has so far infected over 125,000 people and killed more than 4,500 across 114 countries. Even as the virus forces countries to quarantine citizens, lock down borders and suspend travels, the number of recoveries across the world so far has been 68,000, according to data collated by the Johns Hopkins University & Medicine.

The data show that over 50,000 people have recovered in China’s Hubei province alone. Hubei has been the most affected by the outbreak.

SBI to invest Rs 7,250 cr in crisis-hit YES Bank as part of RBI rescue plan

SBI to invest Rs 7,250 cr in crisis-hit YES Bank as part of RBI rescue plan

State Bank of India (SBI) on Thursday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity as part of the Reserve Bank of India-mandated bailout plan.

SBI will pick 7,250 million shares at Rs 10 each, and its shareholding will remain within 49 per cent of the paid-up capital of the private sector lender.

Maharashtra govt 'threatening' people over coronavirus: Raj Thackeray

Maharashtra govt 'threatening' people over coronavirus: Raj Thackeray

Maharashtra Navnirman Sena (MNS) chief Raj Thackeray on Wednesday said that the Maha Vikas Aghadi (MVA) government is 'threatening' the people over the novel coronavirus.

Thackeray also said that imposing restrictions on the citizens is making them 'panicky'.

Moratorium on YES Bank could impact most corporates briefly: India-Ratings

Moratorium on YES Bank could impact most corporates briefly: India-Ratings

The moratorium on Yes Bank could have a transitory impact on most corporates exposed to the bank, and delays in resuming normal services may impact the near-term liquidity of some of its customers, rating agency Ind-Ra said.

India Ratings and Research (Ind-Ra) has carried out a first-cut assessment of the impact of the recently imposed moratorium on Yes Bank's...withdrawals till April 3, 2020. The disruption could be transitory for most corporates exposed to the bank, given the administrator's statement of resuming the full operational status by next week, the rating agency said.

As Bengaluru battles COVID-19, tech platforms come handy for IT workforce

As Bengaluru battles COVID-19, tech platforms come handy for IT workforce

With the coronavirus reaching tech parks, campuses of multinational companies and even schools and colleges in Bengaluru, the IT city is gearing up to shoot the trouble with the help of technology. The city has so far reported four positive coronavirus cases.

As more employees opt for work from home in this time of crisis, start-ups are launching a suite of products to support collaboration and communication among workers.

Coronavirus crisis: India suspends all visas with few exceptions

Coronavirus crisis: India suspends all visas with few exceptions

In an unprecedented move, India has suspended all visas till April 15 barring few exceptions as fears grow over coronavirus outbreak. This comes into effect on March 13, Friday at 1200 GMT. The exceptions are provided for diplomatic, official, UN/International Organizations, employment & project visas.

Visa-free travel facility granted to OCI cardholders has also been suspended till April 15, 2020, and come into effect from 1200 GMT on March 13, 2020, at the port of departure.

Police arrest PFI president, secretary arrest for alleged involvement in Delhi riots

Police arrest PFI president, secretary arrest for alleged involvement in Delhi riots

The special cell of Delhi Police on Thursday arrested Popular Front of India president Parvez and secretary Mohammad Illiyas for their alleged connection with the Shaheen bagh protest. The latter is a resident of Shiv Vihar and has even contested election from Karawal Nagar.

Police have also claimed that PFI was involved in the recent riots in northeast Delhi.

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