NEW DELHI: The Covid-19 pandemic in India is trending down, except in two or three states, the government said Tuesday, noting that it is “particularly notable” compared to some Northern Hemisphere countries where a A severe increase in the intensity of the spread of the virus is observed. The situation …
Read More »Bangalore coronavirus update: hope in sight? Bengaluru Covid-19 positivity, death rates drop | Bengaluru News
BENGALURU: Although Bengaluru ranks second after Delhi in Covid-19 infections among the country’s cities, the drop in the positivity rate and the case fatality rate, two vital markers for assessing the spread of the virus, has begun to offer hope. “The virus has not disappeared from Bengaluru yet, but it …
Read More »SC Orders Liquidation of UBHL to Regain Kingfisher Quotas of Rs 11 Billion | India News
NEW DELHI: The Supreme Court on Monday allowed the liquidation of United Breweries Holding Ltd (UBHL) to recover fees payable for Kingfisher Airlines to creditors, including banks, and dismissed the company’s claim against its settlement. A bench of judges UU Lalit, Vineet Saran and S Ravindra Bhat defended the Karnataka …
Read More »4% Covid positivity rate hard to maintain, many districts have poor testing, experts say
(This story was first published in the Times of India on October 25, 2020) BENGALURU: KarnatakaCovid’s positivity rate, down from 4% on Saturday, was a welcome relief, but experts say it may not reflect the reality on the ground. Some feel the state is likely to see cases spiraling in …
Read More »Coronavirus Cases in India – Steepest Weekly Drop in Covid Numbers | India News
NEW DELHI: In India’s steepest weekly drop yet in Covid-19 numbers, recent infections recorded this week (Oct 19-25) were nearly 16% less than the previous week’s count, while Deaths from the virus fell 19% during this period. India recorded just over 3.6 lakh of fresh cases during the week, the …
Read More »Onion prices fall to Rs 10 / kg in consumer markets due to government action against hoarding
NEW DELHI: Wholesale onion Prices fell to Rs 10 per kg in key consumer markets such as Delhi, Mumbai and Chennai with an increase in the arrival of the perishable product after the government imposed stock limits on traders to control hoarding and price increases, they showed. government data. Onion …
Read More »Franklin Templeton needs unit owner approval for scheme settlements: Court
NEW DELHI / MUMBAI: The Karnataka the superior court ruled Saturday that Franklin Templeton mutual fund it will need to seek shareholder approval before liquidating six schemes with combined assets of about 280 billion rupees ($ 3.8 billion). One of the largest fixed income fund houses in India, it closed …
Read More »Karnataka CM asks BBMP officials to be on alert as they forecast heavy rains
The address comes a day after various parts of the city, especially the southern region of Bengaluru, faced the brunt of heavy rains due to overflowing storm drains. With the Met department forecasting heavy rains for two more days, Karnataka Chief Minister BS Yediyurappa ordered the city’s civic body on …
Read More »Karnataka HC governs shareholder consent required
Mumbai: Karnataka’s high court ruled on Monday that Franklin Templeton India’s decision to liquidate its set of six debt schemes required the consent of a simple majority of shareholders. The court ordered that the trustees should not take any action on the liquidation of the six schemes until the consent …
Read More »Karnataka Universities to Reopen Nov 17, Optional Online Classes
Each university would have a task force to make sure proper procedures are followed. Bangalore: The Karnataka government has decided to reopen universities in the state as of November 17. This includes engineering, diploma and degree colleges. This decision was made today at a meeting led by Chief Minister BS …
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