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Lockdown impact: Oil refiners stare at <span class='webrupee'>₹</span>25,000 crore loss in inventories, fall in margins

Inventory losses would be more for refineries located away from the coast because they have to stock crude oil for longer periods.Besides inventory losses, operating performance of refiners is expected to remain weak in the first quarter of fiscal 2021 due to lower volumes and weak GRMs




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Telcos rush to increase recharge options under lockdown

Paytm and Vodafone Idea partner to power prepaid mobile phone recharges.COAI asks states to issue requisite instructions to enable 'mobile recharging retailers' to open their outlets for offering telecom services to the public




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Cinema owners panic as filmmakers eye OTT premieres

The film exhibition sector is dealing with zero revenue and the biggest loss ever to their business.The big worry for exhibitors is that viewers, especially families, will fear stepping out into large crowds even after theatres reopen




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Lenders to focus on corporates as retail loans expected to drop

Retail loan growth is likely to be subdued because of the recent spate of job losses and a sense of uncertainty.Some banks are already seeing higher growth in their corporate book, as compared to their retail loan book




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Delhi HC lets Bharti Airtel claim GST refund of <span class='webrupee'>₹</span>923 crore

The telecom operator had excess input tax credits but could not use them to adjust its final tax liability.The HC allows Bharti Airtel to rectify its returns for the September quarter of 2017




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India’s active internet user base to hit 639 mn by year-end

Currently estimated at 574 million, the number of monthly active internet users has grown 24% over that of 2019, indicating an overall penetration of 41% last year




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Pak PM tests negative for COVID-19; cases cross 10,000 mark

Khan, 67, agreed for the test after Faisal Edhi, the son of late philanthropist Abdul Sattar Edhi and chairman of the Edhi Foundation, who met him last week tested positive for the coronavirus.




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SEE: The last time we saw Irrfan on the ramp

The simple actor was known for his charismatic style both on and off the ramp.




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Alessandra's bikini pic has an inspiring message

'Summer will come and this too will happen,' it says.




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How I went from 0 to 50 surya namaskars in a day

Mandar Jog shares a list of things he learned during the lockdown.




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Fighting COVID-19: Why washing hands is not enough

Shiva Kumar, 49 from Bangalore shares some tips to maintain hygiene.




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'Middle class has a selfish attitude'

'Oh god, these workers will now spread the virus! Their only concern was to think about themselves.'




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'Visakhapatnam gas tragedy is NOT another Bhopal'

'All is well in Visakhapatnam for now.'




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Bengal Governor: 'I was stunned by Mamata's response'

'Does it mean that till the COVID-19 fight is over, the governor should be non-functional, in sleep mode, and fiddling in the Raj Bhavan while the state is burning?'




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'After migrants, COVID-19 crisis to hit middle class'

'The government will have to provide something for migrant workers or 'Farmers will still survive because they will eat what they produce.'




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Why coronavirus has an advantage over humans

'What is happening now is the virus is trying to survive inside us, and we are also trying to survive.'




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Vizag gas leak: 'Fear hangs over the city'

'All the animals -- buffaloes and dogs -- in the proximity of the factory are dead.'




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Belarusian club puts mannequins in stands as fans stay away




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Mumbai City’s Subhashish Bose provides meals for daily wage labourers




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Kenny Dalglish contracting COVID-19 was real shock, says Jurgen Klopp




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Scottish football finds itself in meltdown after chaotic season-ending vote




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‘Didn’t even know who Graeme Souness was’: Paul Pogba hits back at Liverpool legend




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‘Watched mum work without masks, gloves… how could I stay at home?’




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Time running out on hopes for full season: Major League Soccer




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Newcastle takeover link puts spotlight on Saudi human rights




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UEFA has a plan for Champions League final in late August




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CAS ruling on Clement Lenglet case insists clubs pay sell-on fee




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Top four to qualify for Champions League even if season abandoned: Spanish FA




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On This Day: VAR steals headlines as Spurs knocks out City in seven-goal UCL thriller




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Newcastle United urged to reject ‘immoral’ Saudi-backed £300million takeover bid




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Mohun Bagan declared I-League champions, rest of season cancelled




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Spain set to finish La Liga season without fans in stadiums




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Eden Hazard has recovered well from surgery, says Belgium coach




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Marcus Rashford says planned to rush back from injury for Euro 2020




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Mesut Ozil refuses to take 12.5% pay cut for Arsenal, faces widespread backlash




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UEFA eases stance on European leagues that want to end season early




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Kerala Blasters appoint Kibu Vicuna as coach after parting ways with Eelco Schattorie




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UEFA postpones Women’s Euros to 2022, avoids Olympic clash




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East Bengal fan groups come forward to support ‘Lozenges Didi’ in Covid-19 times




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Hugo Lloris says health has priority over football




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La Liga players ask for clarity on testing as return looms




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FIFA to release $150million to member associations due to Covid-19 pandemic




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No Eredivisie title to be awarded this season, says Dutch FA




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Newcastle United, a proxy war, piracy allegations and a Saudi takeover bid




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France mull restarting season with Coupe de France, Coupe de la Ligue finals




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Aston Villa players, coaching staff accept 25% wage deferrals




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East Bengal prematurely terminate player contracts citing Covid-19 pandemic




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As Premier League aims a mid-June restart, hurdles outnumber hopes




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La Liga season unlikely to resume before summer, says health minister




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Pitches and balls to be sterilised when football season restarts, says doctor