US aerospace major Boeing on Friday announced a USD 10 million (about ₹74 crore) emergency assistance package for India to support the country’s response to the current surge in COVID-19 cases. The assistance from Boeing will be directed to organisations providing relief, including medical supplies and emergency healthcare for communities and families battling the pandemic, […]
Day: May 1, 2021
Boeing announces USD10 million aid for India’s fight against Covid-19
Boeing on Friday announced a USD10 million emergency assistance package to support India’s Covid-19 response. The assistance from Boeing will be directed to organisations providing relief, including medical supplies and emergency health care for communities and families battling Covid-19, the company said in a statement. “The Covid-19 pandemic has devastated communities across the globe and […]
US extends face-mask requirement on planes until September
If you’re traveling on a plane, train or bus, don’t put that face mask away yet. The Transportation Security Administration said Friday it will extend its mask requirement, which also applies in airports and train stations, through Sept. 13. The rule took effect February 1 and was set to expire May 11. The agency said […]
Airlines add flights out of ravaged India to bring citizens home
International and domestic airlines are adding flights out of India to bring home residents and citizens as the nation’s coronavirus outbreak goes from bad to worse. Air India Ltd. plans to increase its weekly frequency of flights to the U.S. to 32 starting May 11, up from the current 29. That compares with about 33 […]
Covid-19: Air India to resume flights to UK from Saturday
National carrier Air India will restart flights to the United Kingdom from May 1. The airline had suspended to and from flights to the UK between April 24 and 30 following the UK government’s decision to include India in the red list of countries over a surge in coronavirus disease (Covid-19) cases here. Air India […]
International passenger flights’ suspension extended till May 31
The Directorate General of Civil Aviation (DGCA) on Friday extended the suspension of international flights until May 31 amid the second Covid-19 wave that has triggered the worst surge in infections and overwhelmed hospitals. “…the competent authority has further extended the validity of circular issued on the subject cited above regarding Scheduled International commercial passenger […]
India extends international passenger flights ban till May 31 amid Covid surge
The Directorate General of Civil Aviation (DGCA) on Friday extended the suspension on international flights from and to India till May 31 in view of the second wave of the coronavirus pandemic, during which the country has been reporting more than 300,000 Covid-19 cases daily for over a week now. “…the competent authority has further […]
Core sectors’ output grows 6.8% in March due to low base
NEW DELHI : Output of six infrastructure sectors posted 6.8% growth in March—a 32 month high—as a fourable low base effect kicked in giving a false sense of normalcy even as the rampaging second wave of coronavirus pandemic and slow vaccine rollout are widely believed to delay any meaningful economic revival in Asia’s third largest […]
Reliance more than doubles consolidated Mar quarter net profit
Mumbai: Reliance Industries Ltd (RIL) more than doubled its March quarter consolidated net profit from a year ago to ₹14,995 crore, even as revenue rose a more sedate 14% to ₹1.72 trillion. For FY21, consolidated net profit came in at ₹53,739 crore, up 35% from ₹39,880 crore a year ago, while consolidated revenue for the […]
RIL Q4: Net profit surges to ₹13,227 crore; recommends dividend of ₹7/share
Reliance Industries (RIL) on Friday reported a consolidated net profit of ₹13,227 crore for the quarter ended March 31 as compared to ₹6,348 crore (including exceptional) in the same quarter last year. The conglomerate had a one-time gain of ₹797 crore for the period. It had posted a one-time exceptional loss of ₹4,267 crore in […]
PowerGrid InvIT IPO subscribed 61% on second day
The public issue of PowerGrid Infrastructure Investment Trust was subscribed 61% on Friday, the second day of the bidding. The issue received bids for 25.82 crore equity shares against the issue size of 42.54 crore shares, according to stock exchange data. The portion of the share sale reserved for qualified institutional investors was sub- scribed […]
NASA’s Ingenuity Mars helicopter to begin new demonstration phase
NASA’s Ingenuity Mars Helicopter has a new mission. Having proven that powered, controlled flight is possible on the Red Planet, the Ingenuity experiment will soon embark on a new operations demonstration phase, exploring how aerial scouting and other functions could benefit future exploration of Mars and other worlds. This new phase will begin after the […]