New Delhi, Feb 24 (IANS) Airlines are expected to remain cash negative until 2022, the International Air Transport Association's analysis showed on Wednesday.However, previous analysis in November 2020 indicated that airlines would turn cash positive in the fourth quarter of 2021.Estimates for cash ...
Readmore Jaipur, Feb 24 (IANS) Industry players have welcomed the Budget announced by Chief Minister Ashok Gehlot on Wednesday."The Rajasthan Budget 2021-22 is an exemplary budget in extraordinary times and lays a strong foundation for the sustainable development of the state," said Ashok Kajaria, Chairman, ...
Readmore Bengaluru, Feb 24 (IANS) A day after Amazon India said it has deployed nearly 100 Mahindra Treo Zor three-wheelers, e-commerce marketplace Flipkart on Wednesday said it will deploy more than 25,000 electric vehicles in its supply chain by 2030.Flipkart said it has already started piloting and deploy...
Readmore Mangaluru, Feb 24 (IANS) Mangaluru on the west coast would be the next IT and IT services industry cluster in Karnataka after Bengaluru, said state Deputy Chief Minister C.N. Ashwath Narayan on Wednesday. "We have identified the port city of Mangaluru as the next IT and IT e-service industry cluster...
Readmore New Delhi, Feb 24 (IANS) Reiterating the government's commitment towards privatisation of PSUs and asset monetisation, Prime Minister Narendra Modi on Wednesday said that the motto of his government is to "monetise and modernise".Addressing a webinar on the Budget announcements for Department of Inv...
Readmore New Delhi, Feb 24 (IANS) The government has lifted the embargo on private sector banks to undertake Central and state government business, which is still a forte of the public sector banks and three large private players in a limited way -- ICICI Bank, Axis Bank and HDFC Bank.With the permission, al...
Readmore <br>In Brahminpura village, women raised their voice for prohibition. As a result of this, alcohol is not consumed or served during wedding ceremonies or any other social events in the village. A person who comes to the village after drinking liquor is fined Rs 500 to Rs 1,000.The prohibition ...
Readmore New Delhi, Feb 24 (IANS) Taking note of the around four-hour-long "trading halt" on the National Stock Exchange (NSE), SEBI has directed the bourse to carry out a detailed analysis of the incident and submit its report to the regulator at the earliest.In a statement, the capital market regulator has...
Readmore New Delhi, Feb 24 (IANS) In a major boost for domestic manufacturing of IT hardware ranging from laptops, PCs to servers, the Union Cabinet on Wednesday approved the Production Linked Incentive (PLI) Scheme for IT Hardware, entailing a cost of around Rs 7,350 crore.The scheme proposes production lin...
Readmore Mumbai, Feb 24 (IANS) The BSE Sensex soared over 1,000 points on Wednesday afternoon after the trading session for the equities and equities derivatives segment was extended till 5 p.m.Around 4.30 p.m., the Sensex was at 50,782.40, higher by 1,030.99 points or 2.07 per cent from the previous close o...
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