Infosys, India's second largest information technology (IT) services company, is likely to book an impact of less than $1 million (Rs 6 crore) due to the financial irregularities in the accounts of its business process outsourcing (BPO) arm, which led to the dismissal of the unit's chief financial officer, Abraham Mathews earlier this week.

India suffered a double blow, losing its third and fourth round matches to Europe and top-seeded China by similar 1.5-2.5 margins, on the second day of the FIDE-Chess.com Online Nations Cup on Wednesday. Five-time World champion Viswanathan Anand came up against a strong opponent in Ding Liren and the two agreed to sign peace in 54 moves. P Harikrishna held higher-rated Yu Yangyi to a draw while long-time rivals Koneru Humpy and Hou Yifan drew their game.

Resumption of professional and local sport within days, says the country's sports and recreation minister.

The executive board, which is expected to meet later this month, will discuss holding the session "remotely through a secure electronic system" on July 17, with a possible "electronic voting system" in place.

India badminton coach Pullela Gopichand highlighted the importance of support from the top leadership to promote the need for Physical Literacy and see it as a key pillar for the national level development.

The seasoned Anand beat Russian GM Ian Nepomniachtchi in just 17 moves in a fifth round match. But India were held to a 2-2 draw by Russia in the ongoing Online Nations Cup.

India played out a 2-2 draw against Europe in Online Nations Cup chess tournament in the eighth round, a setback after their first win in the event notched up against the Rest of the World. Vidith Gujrathi ended his barren spell with a win over Levon Aronian of Europe with white pieces while Jan-Krystozf Duda beat P Harikrishna to level the scores in the match on Friday.

The company is to also repurpose its business on digital fitness offerings, including tele-consultants.Apart from layoffs, Cure.fit has moved 90% of trainers across its gyms to a variable pay model to cut costs

Sequoia India launches a microsite to serve as a resource for founders and their teams during the challenging months ahead.The impact of covid-19 can be seen on Indian startups, with several unicorns including Udaan, OYO and Swiggy laying off and furloughing their permanent and contractual staff

ICRA downgrades multiple Edelweiss Group companies.Mutual funds have a collective exposure of around Rs3,300 crore to Edelweiss companies as of 31 March