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Yaruqhullah Khan

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Moneycontrol

Vistara gets Rs 465-crore fund infusion from Tata Sons, Singapore Airlines

TRENDS

Vistara gets Rs 465-crore fund infusion from Tata Sons, Singapore Airlines

Vistara plans to expand its operation significantly by 2023, which is the primary reason behind the carrier’s aggressive capital infusion moves. The airline has already started flying to London and Tokyo this year and has filed for permission in the US to fly from September.

Hoarding, black marketing of medicines and oxygen devices soars in Delhi

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Hoarding, black marketing of medicines and oxygen devices soars in Delhi

The acute scarcity of medicines and devices needed for COVID-19 patients has led to hoarding and black marketing by some unscrupulous chemists, doctors, hospital staff, ambulance drivers and medical salespersons. Delhi police has booked many people including a restauranteur who hoarded 500 oxygen concentrators.

Railway Board Chairman Suneet Sharma says over 1,900 personnel succumbed to COVID-19 since last year

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Railway Board Chairman Suneet Sharma says over 1,900 personnel succumbed to COVID-19 since last year

Sharma added that presently around 4,000 patients, including both staff and family members of railways staff, are admitted in hospitals run by the national carrier.

Second wave of COVID-19 could bring down GDP growth to 8.2% if cases peak by June-end, says Crisil

TRENDS

Second wave of COVID-19 could bring down GDP growth to 8.2% if cases peak by June-end, says Crisil

The rating agency had projected India's GDP to grow 11 percent in 2021-22 at the beginning of the current financial year. In case the COVID-19 pandemic reaches a peak number of cases by May-end, the GDP growth will fall to around 9.8 percent, it says.

Explained | How India’s vaccination drive for the aviation sector will cost around Rs 30 crore and take about six to eight weeks

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Explained | How India’s vaccination drive for the aviation sector will cost around Rs 30 crore and take about six to eight weeks

The country’s aviation industry employees are estimated to be close to 250,000 and the average cost of vaccinating each employee is likely to be Rs 1,200; Civil Aviation Ministry asks airports to setup temporary structures for expediting inoculations

COVID-19 | Government comes out with guidelines for vaccinating of aviation personnel

TRENDS

COVID-19 | Government comes out with guidelines for vaccinating of aviation personnel

The Ministry of Civil Aviation, in a notification, has asked airport operators to tie-up with State governments or private service providers such as hospitals to set up COVID-19 vaccination centres.

Exclusive | Adani Ports’ acquisition of Gangavaram Port hits stumbling block

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Exclusive | Adani Ports’ acquisition of Gangavaram Port hits stumbling block

Gangavaram Port promoters fear ties with Myanmar military could hurt Adani Ports valuations; want cash for half their stake instead of shares in Adani Ports.

COVID-19 crisis: Air India pilots' union threatens strike if members not vaccinated at the earliest

TRENDS

COVID-19 crisis: Air India pilots' union threatens strike if members not vaccinated at the earliest

In its statement, the union said with no healthcare support to the flying crew, no insurance, and a massive opportunistic pay cut pilots are in no position to continue risking their lives without vaccination.

Government makes vehicle location tracking essential for oxygen containers

TRENDS

Government makes vehicle location tracking essential for oxygen containers

The road ministry said that GPS tracking will ensure that there is no diversion or delay in delivering oxygen tankers, which have been in high demand across the country due to the outbreak of the second wave of the COVID-19 pandemic.

Seven trains carrying 422 MT of oxygen on their way to states currently: Indian Railways

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Seven trains carrying 422 MT of oxygen on their way to states currently: Indian Railways

Of the aforementioned seven trains carrying 27 tankers, two trains carrying 120 MT and 85 MT of oxygen are expected to reach Dehli and Gurugram, respectively on May 4th.

How BV Srinivas and his team are answering cries of medical help during COVID

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How BV Srinivas and his team are answering cries of medical help during COVID

The Youth Congress leader and his team of volunteers are able to procure and pass medical supplies, including oxygen cylinders, to patients with apparent ease. How are they doing it?

Government extends income tax, GST compliance timelines due to outbreak of second wave of COVID-19

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Government extends income tax, GST compliance timelines due to outbreak of second wave of COVID-19

Will deliver 120 metric tonnes of oxygen to Delhi by May 2: Indian Railways

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Will deliver 120 metric tonnes of oxygen to Delhi by May 2: Indian Railways

The national carrier will also deliver 124.26 metric tonnes of oxygen to Telangana by May 2.

Minister Nitin Gadkari invites US companies to invest in India's road sector, assures handsome returns

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Minister Nitin Gadkari invites US companies to invest in India's road sector, assures handsome returns

Gadkari said he was confident that companies would get at least twice the return in India as compared to investing in the US.

Rising COVID cases and lockdowns may force railways to cut train operations further

INDIA

Rising COVID cases and lockdowns may force railways to cut train operations further

The Indian Railways has adopted a flexible approach, cancelling trains when demand drops, and quickly adding new ones if there is a rush. Officials said that if the pandemic continues to rage and more restrictions are imposed, railway operations may take a significant hit.

Coronavirus update | Indian Railways converts 4,000 coaches into COVID-19 wards with 64,000 beds

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Coronavirus update | Indian Railways converts 4,000 coaches into COVID-19 wards with 64,000 beds

As many as 169 coaches have been handed over to Delhi, Uttar Pradesh, Madhya Pradesh, and Maharashtra.

Govt in talks with multiple countries for import of oxygen concentrators after China imposes travel ban

INDIA

Govt in talks with multiple countries for import of oxygen concentrators after China imposes travel ban

Govt is also in talks with private firms like BPL Medical Technologies and Philips India to increase their domestic production of oxygen concentrators and increase imports. Govt has also granted full exemption of basic customs duty and health cess on import of medical-grade oxygen and oxygen concentrators for three months.

Explained | How the resurgence of COVID-19 will hit the government's asset monetisation plans for road and aviation

BUSINESS

Explained | How the resurgence of COVID-19 will hit the government's asset monetisation plans for road and aviation

A fall in the speed of construction, work-from-home and lockdown restrictions is expected to hit valuations and market interest, attributable to a drop in the utilization of highways and airways

COVID-19 second wave | Delhi, Andhra Pradesh have asked for liquid medical oxygen: Railway Board chairman

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COVID-19 second wave | Delhi, Andhra Pradesh have asked for liquid medical oxygen: Railway Board chairman

The Indian Railways is looking to supply oxygen to Delhi from Rourkela in Odisha, while demand for Andhra Pradesh will be met from Angul in Odisha.

Maruti Suzuki looking to cut shifts at its Gurugram and Manesar plants for COVID protocols

TECHNOLOGY

Maruti Suzuki looking to cut shifts at its Gurugram and Manesar plants for COVID protocols

The automobile industry, including market leader Maruti Suzuki, is following safety protocols, but there are concerns that sales would fall if restrictions imposed to control the alarming rise in the number of COVID-19 cases are prolonged

In Delhi, hospitals run out of supplies, ask patients’ kin to get oxygen, Remdesivir

TRENDS

In Delhi, hospitals run out of supplies, ask patients’ kin to get oxygen, Remdesivir

As hospitals run at full capacities, even non-COVID patients are not being admitted. One doctor even advised people to go to hospitals only in an emergency, as the chances of contracting COVID are high.

Govt mulls reducing seating capacity in domestic flights amid sharp spike in COVID-19 cases

TRENDS

Govt mulls reducing seating capacity in domestic flights amid sharp spike in COVID-19 cases

Top officials from the Directorate General of Civil Aviation, Airports Authority of India, and the Civil Aviation Ministry are likely to meet next week to come out with a decision, the source said.

Explained | Here’s what the government is doing to supply oxygen across hospitals in the country

BUSINESS

Explained | Here’s what the government is doing to supply oxygen across hospitals in the country

PM suggests increasing oxygen production, using surplus stocks in steel plants; 100 hospitals with PSA plants for manufacturing nutrient identified; 162 sanctioned under PM-Cares; permit-free movement of tankers cleared

Have urged Tesla to start manufacturing in India as early as possible: Union minister Nitin Gadkari

BUSINESS

Have urged Tesla to start manufacturing in India as early as possible: Union minister Nitin Gadkari

Gadkari said he had spoken to the management of Tesla and had assured them that the government would help them set up industrial clusters in the country.

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