April 28, 2020 - Banks have done nothing to help retailers, says Retailers Association of India

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Invite Friends   From the Editor's Desk Popular heartburn medicine being studied as treatment for coronavirus Over the past few weeks researchers have been discreetly studying a new potential treatment for COVID-19 -- and it might not be what you expect. The treatment in question is called famotidine, and it's the active ingredient in Pepcid, an over-the-counter medication commonly used to alleviate heartburn. Since March 13, researchers at Northwell Health, a network of hospitals in New York, have been enrolling patients hospitalized with COVID-19 into their study of famotidine, which is being delivered through an IV in megadoses nine times greater than the typical over-the-counter dose. The drug is being given in combination with the much-touted antimalarial hydroxychloroquine. Continued here TradeBriefs: What's important, not just what's popular! Advertisers of the day Emeritus: PG Diploma in Digital Business by Emeritus in collaboration with MIT Sloan & Columbia Business School Executive Education | Accepting Applications Emeritus: Accepting Applications for the Postgraduate Diploma in Leadership | 6 Months, Online Emeritus: PG Diploma in Innovation & Design Thinking | Accepting Applications Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.     Retail Banks have done nothing to help retailers, says Retailers Association of India 'The banks are not giving any kind of finance to retailers although RBI has stepped in. It is not happening on the ground,' said RAI chief Kumar Rajagopalan. Retail Reimagining stores for retail's next normal As the COVID-19 pandemic erupted, hundreds of thousands of stores across the United States shut their doors, unsure as to when they would reopen. “At some point, retail stores will reopen – but unless apparel and specialty retailers redefine the role of the store and revamp store operations, they will be ill prepared for the … 12 More Retail Stories Finance India considers proposal to guarantee $39 billion of small-business loans India is considering a proposal to guarantee as much as $39 billion of loans to small businesses. Finance RBI announces ₹50,000 crore lifeline for mutual funds: 10 points RBI said stress is confined to the high-risk debt mutual fund segment at this stage.The larger mutual fund industry remains liquid, the central bank said Advt: Work for the best employer - Yourself Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification. Finance India should look to convert world's 'hatred' for China into economic opportunity: Gadkari We will give the clearances and everything to them and attract foreign investment, the Union minister said 8 More Finance Stories Food/FMCG PepsiCo Indias third food manufacturing plant gets nod to re-start work Capacity utilisation at the two units is not more than 25%, but will increase as more people make their way back to work, according to industry sources Food/FMCG FMCG companies step up new product launches in health and hygiene space Most launched hand sanitisers initially, but are expanding their portfolio by entering newer categories such as floor and surface cleaners, disinfectant sprays and immunity building products. 3 More Food/FMCG Stories Software Over one million IT employees will continue to work from home post-lockdown: Kris Gopalakrishnan The Chairman of early stage startup accelerator and venture fund, Axilor Ventures, also said that many of the smaller Indian startups have found that .. Software Ex-Wipro staffers allege 'racial discrimination' File class-action suit in the US Software Can IBM's New CEO Help The Firm Catch Up With The Big Three Cloud Companies? Since IBM's CEO, Arvind Krishna took control, he has faced profound questions that seek to address whether he is ready to make disruptive changes to the company. Will these changes lead to the company catching up to the top three in cloud? If so, IBM will not be the first to deliver accelerated performance in… Software Sequoia Capital's Surge backs 7 Indian early-stage startups According to Sequoia India, 80% of the startups in its latest batch are coming onboard with institutional co-investors.Surge is a 15-week long accelerator programme, which provides $1-2 million of seed capital to each startup 15 More Software Stories Ecommerce Covid-19 fear: Carmakers change track to online sales, contactless delivery Amid shuttered dealerships and deserted roads, leading car brands including Mercedes Benz, Honda Cars, Volkswagen, and BMW have embarked on campaigns and dedicated online portals Ecommerce Paytm Mall partners with 10,000 shops for deliveries, digitally enable small businesses Paytm Mall, owned by Paytm Ecommerce Private Limited, today announced that it will partner with over 10,000 Kirana stores, small shops, and businesses for hyperlocal deliveries, as per the company' 9 More Ecommerce Stories Digital Vision Fund Chief On SoftBank's Moves In India; Impact Of Jio-Facebook Deal On Paytm More Digital Quarantine And Social Media Earnings: Eyes On User Data, Ad Revenue, India Investment If Facebook (FB) was trying to throw a distraction at investors ahead of earnings this Wednesday, it might be hard-pressed to find a bigger bone than its $5.7 billion purchase last week of a piece of India's Jio Platforms. Digital The Social Media Game Of Mumbai Police Proves It Is The Coolest 'Influencer' In India Digital Facebook targets Zoom with 50-person Messenger Rooms | Digital Users will be able to discover and drop in to rooms, as well as use AR filters and custom backgrounds. 12 More Digital Stories Franchise Timaru-based McCain Foods gets a big order as McDonalds reopens at alert level three The Timaru economy is set to get a boost as fast food chains prepares to reopen with an order for 233,000 kilograms of South Canterbury potatoes. Franchise Without weddings and fewer Indians in a celebratory mood, Titan's sales to remain muted for the next 2 years Goldman Sachs equity research said Titan would see a slower store addition across categories due to impact of social distancing, weak demand and potential 2 More Franchise Stories HR Thinking about a career change during the coronavirus pandemic? Here are 8 things to consider Though India does not have similar jobs data reporting structure during this pandemic, it is easy to see that the job market this year will be the most challenging that we have seen in our lifetimes. HR Can IBM's New CEO Catch Up To The Big Three Cloud Companies? Since IBM's CEO, Arvind Krishna took control, he has faced profound questions that seek to address whether he is ready to make disruptive changes to the company. Will these changes lead to the company catching up to the top three in cloud? If so, IBM will not be the first to deliver accelerated performance in… 16 More HR Stories Logistics Amazon India to use more rail routes for faster deliveries amid lockdown Amazon India will transport consignments via rail across the country and is leveraging the 'COVID-19 Parcel Special Trains' introduced by the Indian Railways to ramp up its operations to 55 lanes during the lockdown period, according to a statement. Logistics No relief here: On the front lines of COVID-19 fight, trucking community continues to be in a limbo To ensure the smooth running of the country's logistics industry, the government, in the phase-2 of the nationwide lockdown, brought in many relaxations to aid the transportation sector. But did it result in any material change on the ground? 15 More Logistics Stories Construction 6-month GST payment freeze for worst-hit sectors, a lower rate for realty among Covid options mulled Other proposals include switch to a cash-based tax system from current invoice-based one. Construction Zaha Hadid Architects held to ransom by cyberhacker A computer hacker has attempted to extort money from Zaha Hadid Architects (ZHA) after breaking into its servers and stealing confidential information Construction Meeting a Challenging Moment for the Design Professions 10 More Construction Stories Marketing How companies are opting other ways to promote brands except for TV ads due to Coronavirus? Chaaya Baradhwaaj, Founder, BC Web Wise ponders upon a few important questions that you have been worried about -- 'if large businesses should communicate Marketing Treat ad costs as investment, give tax relief: Advertising Agencies Association of India to government The objective is to encourage a higher level of expenditure by profitable companies, which will in turn accelerate the revival of economic activity. 6 More Marketing Stories Politics Coronavirus Outbreak: Centre making conflicting statements on lockdown, not providing funds to states, alleges Mamata Banerjee West Bengal Chief Minister Mamata Banerjee on Monday claimed the Centre is making contradictory statements on enforcement of the lockdown, and alleged funds are not being provided to the state for fighting the COVID-19 pandemic. Politics Donald Trump Appears To Confirm That North Korea's Kim Jong-Un Is Alive US President Donald Trump on Monday appeared to confirm that North Korean leader Kim Jong Un is alive, saying he wished him well after days of speculation over the dictator's whereabouts. 3 More Politics Stories Sports 'I was on course for top-15': Lakshya Sen counts losses amid Covid-19 lockdown The 18-year-old Lakshya Sen was in sensational form in the senior circuit as he claimed five titles, including two BWF World Tour Super 100 top honours — SaarLorLux Open and Dutch Open. Sports Tokyo Olympics: A multitude of questions but few answers in face of pandemic The Tokyo Olympics were postponed a month ago. But there are still more questions than answers about the new opening on July 23, 2021, and what form those games will take. 7 More Sports Stories Entertainment Over 30 Tamil film producers come out in support of direct OTT release In a joint statement, the film producers argued that they should have the freedom to release small and medium budget films directly on OTT platforms. Entertainment Akshay Kumar donates Rs 2 crore to Mumbai Police Foundation On Monday, Mumbai Police Commissioner, Param Bir Singh, took to his official Twitter handle to thank Akshay for his contribution. 16 More Entertainment Stories Work Inside the Dystopian, Post-Lockdown World of Wuhan Work A herd immunity strategy could actually work in youthful India 19 More Work Stories Life 'I Just Can't Do This.' Some Overwhelmed Parents Are Opting to Abandon Pandemic Homeschooling A barrage of learning apps, video meet-ups and e-mailed homework has made distance learning difficult for some families Life Nyakim Gatwech, the 24-year old model known as the Queen of the Dark is worth $4 million Nyakim Gatwech, the 24-year old model known as the Queen of the Dark, took her battle with colorism and turned it into a thriving modeling career. 11 More Life Stories Telecom Broadband body rejects net neutrality, data sharing concerns around FB-Jio deal Policy think tank Broadband India Forum (BIF) dismissed the concerns around net neutrality and data sharing resulting out of Jio Platforms-Facebook de.. Telecom Airtel digitally onboards 50 summer interns from top B-Schools amid nationwide lockdown Bharti Airtel said that it has kept its commitment to summer interns from top B-schools and has digitally onboarded them even as some companies beginn.. 8 More Telecom Stories TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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