The spread of virus has lead several users switch to digital payments. Nearly 38 per cent respondents started using digital payments for the first time during the lockdown
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IndiGo finds demand holding; plans to issue cash refunds by October
IndiGo hopes that wide-bodies would become uncompetitive; and Indian domestic carriers would emerge stronger in the post-COVID world
Biz EOD: Maruti’s model to help India; pharma to replace Chinese imports; moratorium saves Biyani
Catch top stories from the world of business and economy with BusinessToday.In’s Biz EOD report
Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings
Tata Motors expects to save 5 billion pounds in costs by March 2021 at its Jaguar Land Rover (JLR) unit; It will also reduce capital expenditure at JLR to 2.5 billion pounds for the current fiscal year
WhatsApp launches digital payment feature for users in Brazil
The company has over 120 million individual users in Brazil, its second-largest market behind India
Air India pilot wants middle seats in planes to remain empty; Bombay High Court refuses to accept plea
The division bench observed that the air carriers can book middle seats in flights, but after complying with guidelines of the Directorate General of Civil Aviation (DGCA) on measures to prevent coronavirus spread
US researchers claim specific mutation in new coronavirus increases chances of infection
The research may explain why early outbreaks in some parts of the world did not end up overwhelming health systems as much as other outbreaks in New York and Italy, according to experts at Scripps Research
Coronavirus: Indian exports plunge 36% in May on global demand decline
Merchandise exports were down by 36.47% to $19.05 billion in May, while imports were down 51.05% to $22.20 billion, the data showed
Tata Motors net loss narrows to Rs 12,071 crore in FY20; JLR posts loss at 501 million pound in March quarter
In Q4 FY20, Tata Motors reported consolidated net loss of Rs 9,894.25 crore as compared to net profit of Rs 1,117.48 crore in the same quarter last year, dented by coronavirus lockdown
Coronavirus: Eli Lilly starts trial of rheumatoid arthritis drug baricitinib
The drug is being tested to see if it can reduce deaths from the COVID-19 illness and lessen its severity. Scientists at Lilly believe that baricitinib could help suppress a potentially lethal immune response to COVID-19