A look at the Nifty IT index would suggest that India’s IT services industry is relatively better placed than other sectors amid the covid-19 outbreak.

The index has fallen 28% from its highs in February, compared to a 33% fall in the Nifty 500 index. But that is primarily because the stocks of industry leaders, Tata Consultancy Services Ltd (TCS) and Infosys Ltd, have fallen 23-25%, while those of a few second-tier IT firms have been far worse.

Stocks of Hexaware Technologies Ltd and NIIT Technologies Ltd, for instance, have fallen 42% and 40%, respectively, from their highs in February.

Shares of Mphasis Ltd, Mindtree Ltd and Larsen and Toubro Infotech Ltd have fallen 28-32%. Sonata Software Ltd’s stock is down by as much as 53%.

Read more on livemint.com

All news from livemint.com

The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Will India’s real estate prices finally face a reality check now?

Chennai: A reality check on real estate prices in India often comes through a process known as ‘time correction’, rather than a drop in absolute prices. Time correction refers to a situation where real estate prices remain stagnant for some years, while inflation and incomes rise, thereby resulting in improved affordability.

India county Will city Chennai covid-19 outbreak experts crisis

In fight against virus, will RBI give cash or its wallet to the government?

During times of stress, the Reserve Bank of India (RBI) has stepped up its efforts to support the government raise funds from the market at reasonable rates. After all, the private sector could borrow cheap only if the government got its money at a low cost.

India virus covid-19 economy Government

All 50 Shows Available to Watch When Quibi Launches

Say what you will about Quibi's cost, but the upcoming streaming service is doing everything it can to make sure each subscriber gets their money's worth right away, offering a staggering 50 programs upon launching on Monday, April 6.

Chrissy Teigen Jennifer Lopez Reese Witherspoon Liam Hemsworth experts BBC stars

Daniel Stendel - Steven Gerrard - Steven Naismith - Toby Sibbick lifts lid on his Hearts 'crazy experience' and the special relationship with Daniel Stendel - dailyrecord.co.uk - Germany

Toby Sibbick lifts lid on his Hearts 'crazy experience' and the special relationship with Daniel Stendel

Hearts loanee Toby Sibbick admits he’s pinching himself sharing a pitch with heroes he grew up idolising on Match of the Day.

Daniel Stendel Steven Gerrard Steven Naismith Germany crisis stars Coronavirus Hearts relationship

IndusInd Bank taps CPPIB, GIC to raise $500 million

MUMBAI : IndusInd Bank and its promoter the Hinduja Group have initiated talks with sovereign wealth funds and pension funds, including Canada’s CPPIB and Singapore’s GIC Pte Ltd, to raise as much as $500 million. This is aimed at bolstering investor confidence amid deterioration of the private lender’s balance sheet and flight of deposits after the Yes Bank Ltd fiasco.

Singapore India Canada city Mumbai covid-19 information Government

Naomi Campbell says she lost someone she knew every day this week to coronavirus

Naomi Campbell shared she had lost someone she knew every day this week to coronavirus.

Naomi Campbell covid-19 quarantine doctor Coronavirus

India adds 561 new covid-19 cases as total rises to 3,940

NEW DELHI : India recorded 561 fresh cases of covid-19 on Sunday, taking the total count to 3,940. As many as 19 people died because of the disease on Sunday, taking the toll to 95.

city New Delhi India county Union city Delhi covid-19 infection

Coronavirus: Dharavi sets off alarm bells for Mumbai municipal corporation

Mumbai: Mumbai’s Dharavi reported one more positive case of covid-19 on Sunday, taking the total in Asia’s largest slum to five. For the city’s authorities, a potential spread in Dharavi—home to 850,000 people living cheek by jowl—is a ticking time bomb.

city Mumbai hospital covid-19 quarantine

Trump approves disaster declaration in Delaware

President Donald Trump and Vice President Mike Pence ( Official White House photo by D. Myles Sanders )

Donald Trump Mike Pence Washington state Pennsylvania state New Jersey state Delaware city Sander covid-19 president pandemic Coronavirus

Albertans who are blind, visually impaired urged to continue reaching out amid COVID-19 pandemic

A number of events, concerts and other activities around the globe have been cancelled preemptively due to mounting concerns around COVID-19.

Blind Coronavirus

Coronavirus: Calgary business collects 3,500 pounds of pet food, donations in 4 hours

Calgarians are well-known for their community spirit, and despite the novel coronavirus crisis, that spirit was extended to include pets Saturday.

covid-19 Donations essential service Coronavirus

Coronavirus outbreak: Google data shows Quebec has best social distancing compliance in North America

Quebec Premier François Legault said on Sunday that data from Google shows that the guidelines to stay home during the COVID-19 pandemic were the most respected in Quebec, out of all 50 U.S.

François Legault Canada covid-19 outbreak guidelines Coronavirus

Coronavirus: London, Ont. cases rise to 134, Lambton has 11 people test positive

With the latest numbers, Ontario’s Middlesex, London Health Unit now has well over 100 cases of the novel coronavirus.

Ontario covid-19 coronavirus news Coronavirus

Coronavirus outbreak: Quebec reports 19 new COVID-19-related deaths, total death toll at 94

During a briefing on Sunday, Quebec Premier François Legault said that the province has reported 19 new COVID-19-related deaths, which brings the total death toll to 94.

François Legault outbreak death Coronavirus

Coronavirus outbreak: Quebec extends provincial shutdown to May 4

Quebec Premier François Legault said on Sunday that as the number of COVID-19 cases and deaths in the province continue to rise, the Quebec government will extend its shutdown of the province — which includes the closure of all non-essential businesses, services and schools — until May 4.

François Legault covid-19 outbreak death Coronavirus

23 new cases of COVID-19 in Ottawa on Sunday

Twenty-three new cases of COVID-19 were reported in Ottawa on Sunday.

Public Health city Ottawa covid-19 travelers

My Chemical Romance’s Gerard Way Unveils 4 New Solo Songs

With My Chemical Romance’s reunion tour sidelined due to COVID-19, the band’s frontman is giving fans the next best thing: some new solo music.

My Chemical Romance Reunion covid-19

Prince Charles Keeps a Special Reminder of Princes William and Harry in His Office

Today, the Duke of Rothesay, as Charles is known in Scotland, where he is currently residing, helped to virtually mark the opening of NHS Nightingale Hospital, a conference center in London which has been adapted into a temporary medical facility with space for 4,000 beds.

Scotland city London county Prince William hospital covid-19 NHS Coronavirus

Marymass: Irvine Carters Society confirm decision to cancel this year's Festival

Irvine Carters Society have tonight confirmed that this year's Marymass Festival is CANCELLED.

county Carter city Irvine, county Carter covid-19 Volunteers Coronavirus

Scottish National Blood Transfusion Service is coming to Larkhall Leisure Centre

The Scottish National Blood Transfusion Service will be at Larkhall Leisure Centre on Wednesday and Thursday, April 8 and 9.

Scotland covid-19 travelers

Nine minutes of cheer even as coronavirus cases spiral

New Delhi: The government on Sunday claimed Tablighi Jamaat, a religious event that was held in Delhi’s Nizamuddin area just days before the 21-day lockdown was announced, has contributed to doubling of coronavirus cases in India, undoing India’s efforts to contain the spread.

Lav Agarwal Tablighi Jamaat city New Delhi India city Delhi covid-19 Government Coronavirus

Pharma firms outperform Sensex despite massive sell-off in markets

Despite the massive sell-off in the stock market in March, shares of pharma companies have outperformed benchmark indices. The BSE Healthcare Index gained 12.61%, outpacing the BSE Sensex, which rose 6.2% in the last eight trading sessions, starting from 23 March.

Government medicines patient

Covid-19: 21 further deaths, 390 new cases in Republic of Ireland

The Department of Health has confirmed the deaths of 21 more people diagnosed with Covid-19, and a further 390 new cases.

Tony Holohan county Republic Ireland Coronavirus republic

Kylie Jenner - Travis Scott - Kourtney Kardashian - Khloe Kardashian - Kim Kardashian - Kris Jenner - Kendall Jenner - Rob Kardashian - Stassie Karanikolaou - Kylie Jenner Reveals How Many Kids She Wants -- and It's More Than Mom Kris Has - etonline.com

Kylie Jenner Reveals How Many Kids She Wants -- and It's More Than Mom Kris Has

Kylie Jenner hopes to eclipse her mom, Kris Jenner, as the Kardashian-Jenner family member with the most children.

Kylie Jenner Travis Scott Kourtney Kardashian Khloe Kardashian Kim Kardashian Kris Jenner Kendall Jenner Rob Kardashian Stassie Karanikolaou Babies & Kids

Opinion | Sorry, it’s India first

The most dismal numbers often yield the best decisions in matters of life and death

Donald Trump Narendra Modi China Usa India covid-19 president death doctor

Italy starts to look ahead to 'phase two' as covid-19 death toll slows

MILAN : Italy reported its lowest daily COVID-19 death toll for more than two weeks on Sunday as authorities began to look ahead to a second phase of the battle against the new coronavirus once the lockdown imposed almost a month ago is eventually eased.

Italy covid-19 death Coronavirus

manchestereveningnews.co.uk

05.04.2020 / 19:21

93%

817

How Manchester's top scientists are racing to pinpoint who coronavirus will hit hardest

When China first began reporting cases of a new respiratory disease at the end of December 2019, it barely made headlines in the UK.

China Britain city Manchester virus covid-19 patient Coronavirus

Coronavirus: Canada looking into disinfecting, reusing masks amid shortages, Tam says

As the global demand for personal protective equipment (PPE) continues to grow amid the novel coroanvirus outbreak, Canada’s chief public health officer says the country is looking into whether or not some of these supplies can be reused.

Theresa Tam Canada covid-19 coronavirus news Justin Trudeau Coronavirus

Quebec Walmart worker hit by driver allegedly angered by COVID 19 measures

A Walmart security guard from southern Quebec was fighting for his life on Sunday morning after being struck and dragged by a driver who was allegedly enraged by social distancing policies aimed to curb the spread of COVID-19, local police said.

covid-19 Coronavirus

Half of people with coronavirus have no symptoms, data shows

About half of people who have the coronavirus show no symptoms, according to data from Iceland, the Italian town of Vo, and the Diamond Princess cruise ship.

Italy Iceland death testing symptoms Coronavirus

Coronavirus outbreak: Trudeau releases more details on cash payment to Canadians

Prime Minister Justin Trudeau has announced details for a cash payment for Canadians out of work because of the COVID-19 pandemic. Applications for the Canada Emergency Response Benefit will be accepted starting Monday, offering Canadians who have lost their jobs because of the crisis $2,000 a month.

Justin Trudeau Canada covid-19 outbreak pandemic Coronavirus

‘People tend to underestimate covid-19’s explosive potential’

Halfway into a national lockdown, India now has nearly 4,000 reported cases of covid-19, the global pandemic that has infected over a million people across the world. Despite stringent efforts, cases have surged in the past two weeks, posing a major challenge for authorities. While India continues to struggle with the health crisis, Dr Jayaprakash Muliyil, a noted epidemiologist and chairman of the Scientific Advisory Committee of the National Institute of Epidemiology, Indian Council of Medical Research (ICMR), and former principal of Christian Medical College, Vellore, Tamil Nadu, talked about the effectiveness of the lockdown in containing the virus, potential community transmission and effective measures to deal with the contagion.

India virus covid-19 infection Coronavirus

Opinion | India’s covid-19 trade-off: Lives versus livelihood

If the poverty trend does set in, then the fiscal effort will have to be greater

India covid-19 pandemic economy

OG ‘Trading Spaces’ Cast Virtually Reunites Amid Coronavirus Pandemic

The original cast of TLC’s “Trading Spaces” got together for a reunion on Saturday — virtually, of course.

Happy Birthday Ty Pennington covid-19 pandemic Department Coronavirus Cast

Coronavirus outbreak: U.K. reports total of 47,809 positive COVID-19 tests, 4,934 deaths

British Health and Social Care Secretary Matt Hancock announced on Sunday the nation has administered a total of 195,524 COVID-19 tests, with a total of 47, 806 people testing positive for the novel coronavirus.

Matt Hancock Britain covid-19 outbreak testing Coronavirus

Several IWK staff self-isolating due to COVID-19 exposure

Several staff members at the IWK Health Centre have been advised to self-isolate and get tested for COVID-19 after staff were alerted to a virus exposure in the hospital.

covid-19 Public Health Coronavirus

Streaming services: How to choose which one is right for you

Even before the coronavirus pandemic had us all under lockdown, if you made the decision to stay indoors and never leave your house for the next five years, you’d still have no chance to finish watching all the shows, movies, stand-up specials and documentaries now available on a myriad of streaming services.

Ricky Gervais Mindy Kaling Disney Netflix Amazon Reality shows

Europe sees more signs of hope as Italy's virus curve falls

ROME – Europe is seeing further signs of hope in the coronavirus outbreak as Italy's daily death toll was at its lowest in more than two weeks and health officials noted with caution Sunday that the infection curve was finally descending. In Spain, new deaths dropped for the third straight day,

Angelo Borrelli Italy Spain Britain city Rome virus death Coronavirus falls

Coronavirus Update: Every TV Show, Movie, Sport, or Major Event Canceled or Postponed

The coronavirus global pandemic continues to spread, with over 1 million diagnosed cases worldwide. In the United States, many state and local governments have closed schools, shut down restaurants and nightclubs, encouraging residents to follow the Center for Disease Control's recommendation for "social distancing" as a means to slow the spread of the disease and save lives. An unprecedented number of public events and productions have also been canceled, and no industry has been left untouched.

Usa covid-19 stars Coronavirus

Elton John - Sam Smith - Dave Grohl - Mariah Carey - Alicia Keys - Camila Cabello - Billie Eilish - Tim Macgraw - Living Room Coronavirus Benefit Concert Raises $10 Million, to Reair on Fox Monday - tvguide.com

Living Room Coronavirus Benefit Concert Raises $10 Million, to Reair on Fox Monday

Fox will be presenting an encore airing of Fox Presents the iHeart Living Room Concert for America this week after raising more than $10 million in charitable donations for Feeding America and First Responders Children's Foundation after the original broadcast on Sunday, March 29. The network has announced that it will be re-airing the one-hour special on Monday, April 6 at 9/8c.

Elton John Sam Smith Dave Grohl Mariah Carey Alicia Keys Camila Cabello Billie Eilish Tim Macgraw covid-19 pandemic donates Coronavirus

Amid red alert, Assam hunkers down for a spring without Bihu

In normal times, with the start of spring, Assam would have been abuzz with preparations for the Rongali Bihu, the New Year festival

Narendra Modi Usa Bhutan hospital covid-19 quarantine

Sobering images inside temporary morgue with 'shelves for children's bodies'

These sobering images show inside a temporary morgue being built at a disused military base - which could eventually hold more than 5,000 bodies.

covid-19 death NHS Coronavirus

Lord Sugar rants at 'mad' Piers Morgan for 'making him a murderer' over 'reckless' tweet

Lord Sugar has lashed out at Piers Morgan for "making him a murderer" as their never-ending Twitter feud rumbles on.

Piers Morgan county Essex pandemic stars GMB Coronavirus sugar

Scots dad builds Tiki bar in garden so family can enjoy lockdown heatwave

A Scots dad built a tiki bar in his back garden to stave off lockdown boredom - just in time for weekend sunny spell.

Scotland covid-19 Government

Over 50 more confirmed coronavirus cases in Lanarkshire since yesterday

The Scottish Government today said that 478 people have now tested positive for coronavirus in Lanarkshire.

Nicola Sturgeon Scotland testing Government patient Coronavirus

This city offers clues to the future of India’s virus battle

MUMBAI : Pimpri-Chinchwad, the automotive, engineering and IT hub lying between Mumbai and Pune, could well provide the answer to India’s battle against covid-19. The twin city of 2 million has braved the pre-covid economic slowdown, the coronavirus outbreak and the consequent shutdown. Now, a second wave of patients are testing positive, with six new cases on 4 April.

India city Mumbai city This city Pune virus covid-19 testing patient

Next few days very important: Cabinet Secretary tells states

The lockdown period provides the country a window of opportunities to act positively and be prepared to face any eventuality, Rajiv Gauba told chief secretaries of all states and UTs through video conference

Rajiv Gauba city New Delhi covid-19 testing Coronavirus

As spending soars, Centre will need to revise budget

Covid-19 is set to hit the Indian economy hard during 2020-21. Rating agency Fitch has cut India’s economic growth forecast for the current fiscal to 2%. This slowdown in economic growth will have a huge impact on the government’s revenue collection.Mint takes a look.

India covid-19 2020 economy Government

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

GFC experience shows mid-cap IT firms to be hit more from covid-19

Related News