Lockdown 4.0: Restart risks at Maruti, Hyundai as coronavirus strikes

wayne


Two of India’s top automakers have reported first cases of among their workers in less than two weeks of opening up after the government relaxed nationwide rules.


India, which sells one in every two cars in the country, has said one worker at Manesar plant had tested positive and there was the possibility of a second case. A Maruti spokesperson said “more information was being sought”.



Hyundai Motor India, the country’s second largest car manufacturer, said on Sunday three of its employees have tested positive for Covid-19. And, test results of 16 more workers who possibly came into contact with the infected employees are expected over the next two days, a senior government official told Reuters.


Hyundai said the company started operations at its Irungattukottai plant, near Chennai, on May 8, and within the first week of operations three of its employees had shown mild symptoms of cough and cold. The firm said those employees were immediately asked to meet medical expert team for further evaluation.


ALSO READ: After govt hikes market borrowing limit, states redraw their roadmaps


“They subsequently tested positive

Thousands Protest In Hong Kong Over China Security Law Proposal

wayne

Police fired tear gas and water cannon at thousands of Hong Kong pro-democracy protesters who gathered Sunday against a controversial security law proposed by China, in the most intense clashes for months.

As the demonstrators and police were facing off in the semi-autonomous financial hub, Chinese Foreign Minister Wang Yi insisted in Beijing that the proposed law must be imposed “without the slightest delay”.

The planned legislation — expected to ban treason, subversion and sedition — comes after Hong Kong was shaken last year by months of massive, often-violent protests, and repeated warnings from Beijing that it would not tolerate dissent.





Campaigners fear the proposed new law could spell the end of Hong Kong’s cherised freedoms
 AFP / Anthony WALLACE

With campaigners warning the proposal could spell the end of the city’s treasured freedoms, thousands gathered and chanted slogans in the busy Causeway Bay and Wan Chai districts, while some masked protesters set up makeshift barricades to stop police vehicles.

“People may be criminalised only for words they say or publish opposing the government,” 25-year-old protester Vincent told AFP.



Pro-democracy protesters and police clashed in Hong Kong after a controversial security law proposal by China sparked outrage


Pro-democracy protesters and police clashed in Hong Kong after a controversial security law proposal by China sparked outrage
 AFP / Anthony

Bryah shares surge on high-grade discovery

wayne

Login

(existing subscribers)



The password field is case sensitive.

Request new password

Problems, questions, feedback? Please call +61 8 9288 2100

(function(d, s, id){ var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); js.id = id; js.src = "http://connect.facebook.net/en_US/sdk.js"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); …

Don’t fear CBI, CVC, CAG; extend loan to eligible borrowers: FM to bankers

wayne


Finance Minister on Saturday said have been asked to extend loans automatically to eligible borrowers without fear of 3Cs — CBI, CVC and CAG.


She said clear instructions have been given in a meeting with CEOs and MDs of public sector and financial institutions on Friday that the should not be scared to extend loans as 100 per cent guarantee is being given by the government.


In case of default, the individual bank or official will be hauled up, she said in a conversation with BJP leader Nalin Kohli uploaded on the party’s social media platforms.


“Yesterday, I reiterated that by saying, if a decision goes wrong, and if there is a loss, the government has given 100 per cent guarantee now. It is not at all going to be on the individual official and on the bank, and therefore without fear they should take this automatic route in the sense, everybody eligible for additional term loan and additional working capital should be given,” she said.


As part of the Rs 20.97 lakh crore comprehensive economic package, the government announced the Emergency Credit Line Guarantee

Subscribe Now