The company said in its statement that its cargo business hive-off would be completed in third quarter (Q3). The airline said it was expecting significant operational improvements and restructuring benefits starting during the third quarter (Q3).
The company said in its statement that its cargo business hive-off would be completed in third quarter (Q3). The airline said it was expecting significant operational improvements and restructuring benefits starting during the third quarter (Q3).
Mumbai (Maharashtra) [India], August 26 (ANI): The Indian stock market's key indices, Sensex and Nifty, were trading with gains of over half per cent in the afternoon session on Friday helped by good buying support in banking and IT stocks.
Mumbai (Maharashtra) [India], August 26 (ANI): Electronics manufacturing services company Syrma SGS Technologies on Friday made a strong debut on Dalal Street with the stock starting the trade at Rs 262 on the BSE, around 19 per cent higher than its issue price of Rs 220 per equity share.
Bangalore (Karnataka) [India] June 14 (ANI/NewsVoir): Multiply Ventures, an early-stage VC fund started by former Myntra, Flipkart, and Paytm Executives, Raveen Sastry, Sanjay Ramakrishnan and Bhushan Patil announces the closure of its maiden fund. A thesis-driven, domestic fund that specializes in investments in consumer tech, has raised Rs 260 Crore for its maiden fund, a little above the targeted Rs 250 Crore. The fund focuses on early-stage deals across 4 core sectors - Fintech, Edtech, Retail, and Health.
Bengaluru Mar 30 PTI Union Minister for Home and Cooperation Amit Shah will have a series of engagements in Karnataka on April 1 including a visit to a prominent Lingayat Mutt and attending the ruling BJPs core committee Chief Minister Basavaraj Bommai said on Wednesday Shah will also lay the foundation stone for a medical college and attend a conference of cooperatives The union minister who will arrive in Bengaluru late on March 31 will be visiting Siddaganga Mutt in Tumakuru and Muddenahalli in Chikkaballapura the next day before heading back to the city At 1030 am on April 1 he Shah will be participating in the 115th birth anniversary and Guru Vandana programme of late Shivakumara Swamiji of Siddaganga Mutt Post lunch there he will heading to Muddenahalli to participate in ground breaking ceremony of new medical college and public function at 2 pm Bommai told reporters here Later in the day Shah will be in Bengaluru to participate in the Sahakara Sammelana Conference of Cooperatives at the palace grounds where he will be releasing the logo of the state governments proposed Nandini Ksheera Abhivruddi Bank and relaunch the Yeshashwini Scheme he said adding that at 7 pm Shah will be participating in the state BJPs core committee meeting at the party office here Interestingly Congress leader Rahul Gandhi is also visiting Siddaganga Mutt on March 31 to pay his respect to late Shivakumara Swamiji who is highly revered in the state Visits by Shah and Gandhi gain significance as both BJP and its rival Congress are preparing for assembly polls in the state scheduled next year even as there are speculations about the possibility of early elections Noting that the Nandini Ksheera Abhivruddi Bank was announced in the budget and a government order has also been issued Bommai said this has been done following the demand and realisation about the need for a financial institution to support dairy farmers The share capital of Rs 100 crore will be provided by the state government for this and a total of Rs 260 crore will be provided by milk cooperative societies and federations and unions This is the first such a bank in the country he said adding it will further give a boost to the dairy industry in the state and increase the income of the farmers There are about 26 lakh dairy farmers 14900 milk producers cooperative societies and 15 milk unions in the state Stating that the government has decided to reintroduce Yeshashwini scheme with modifications to fulfill the demands of the farmers Bommai said in two-three weeks we will work it out aimed at providing quality medical facilities to farmers and their families with the help of farmers cooperatives The state government had provided Rs 300 crore for this in the recent budget PTI KSU SA SA
New Delhi Mar 26 PTI The Modi government on Saturday extended the scheme to provide 5 kg offoodgrains free of cost to the poor by six months till September 30 at a cost of Rs 80000 crore as it looks to continue providing support to vulnerable amid a rebound in the COVID-19 pandemic The scheme which started when India went into stringent lockdown two years back was to end on March 31 In the last two years around Rs 26 lakh crore has already been spent under this scheme and it will cost another Rs 80000 crore with the extension of six months In March 2020 the Centre had launched the scheme -- Pradhan Mantri Garib Kalyan Anna Yojana PM-GKAY -- to provide free 5 kg foodgrains per person per month to over 80 crore beneficiaries covered under the National Food Security Act NFSA to reduce the hardships of people during the COVID pandemic In keeping with the concern and sensitivity towards poor and vulnerable sections of society the Union Cabinethas extended thePM-GKAY scheme for another six months ie till September 2022 Phase VI an official statement said The Phase-V of PM-GKAY scheme was to end in March 2022 The government has spent approximately Rs 260 lakh crore so far and another Rs 80000 crore will be spent over the next six months till September 2022 taking the total expenditure under PM-GKAY to nearly Rs 340 lakh crore the statement said The extension of the scheme shows the Modi governments sensitivity towards poor Food Minister Piyush Goyal tweeted The additional free grains are over and above the normal quota provided under the NFSA at a highly subsidised rate of Rs 2-3 per kg Even though the COVID-19 pandemic has significantly abated and economic activities are gathering momentum this PM-GKAY extension would ensure that no poor household goes to bed without food during this time of recovery the statement said Under the extended PM-GKAY each beneficiary will get additional 5 kg free ration per person per month in addition to his normal quota of foodgrains under the NFSA This means that every poor household would get nearly double the normal quantity of ration the statement said The government had allocated about 759 lakh tonnes of free foodgrains under the PM-GKAY till Phase V With another 244 lakh tonnes of free foodgrains under this extension Phase VI the aggregate allocation of free foodgrains under the PM-GKAY now stand at 1003 lakh tonnes of foodgrains it added The benefit of free ration can be availed through portability by any migrant labour or beneficiary under One Nation One Ration Card ONORC plan from nearly 5 lakh ration shops across the country So far over 61 crore portability transactions have benefitted the beneficiaries away from their homes This has been made possible due to the highest ever procurement despite the centurys worst pandemic with the highest ever payment to farmers by the government the food ministry said For this record production in the agricultural fields Indian farmers Annadata deserves to be complimented it added This scheme has been extended several times with the recent one until March 2022 Initially in 2020-21 the PMGKAY scheme was announced only for a period of three months of April May and June 2020 Phase-I Later the government extended the scheme from July to November 2020 Phase-II With the COVID crisis continuing in 2021-22 the Centre in April 2021 had re-introduced the scheme for a period of two months of May and June 2021 Phase-III and extended it for another five months from July to November 2021 Phase-IV The scheme was again extended from December 2021 to March 2022 Phase-V In the beginning the government had also distributed 1 kg of pulses under this scheme but it was discontinued later PTI MJH ANZ MR
Mumbai (Maharashtra) [India], February 19 (ANI): With the former Lok Sabha MP Kirit Somaiya going on a trail to identify assets owned by Maharashtra chief minister Uddhav Thackeray's wife Rashmi Thackeray, Rajya Sabha MP and Shiv Sena leader Sanjay Raut on Saturday alleged that work is underway on the BJP leader's Rs 260 crore project in Palghar questioning the source of the money on his project.
Jaipur Oct 18 PTI The Rajasthan government on Monday decided to make payment of Rs 476 crore of gratuity payable to retired employees of the Rajasthan State Road Transport Corporation RSRTC before Diwali Chief minister Ashok Gehlot held a meeting to review gratuity and other benefits being given to the retired employees of RSRTC during which it was decided to make payment of the gratuity Out of Rs 476 crore payable gratuity approval of Rs 200 crore will be issued by the finance department this week and the remaining dues of Rs 260 crore will be arranged through loan according to an official release The Chief Minister said the orders for the recruitment of 250 conductors have been issued on Monday He also said that the dependents of 175 deceased employees have been given compassionate appointments by the corporation management in the last four months He said that compassionate appointments will be provided to the remaining others by March 2022 The decisions have been taken at a time when RSRTC employees have threatened to go on a one-day strike on October 27 to press for their demands including revision in pay new recruitment and payment of pension benefits to retired employees The strike has been called on a day when the RAS recruitment exam prelims 2021 will be held and the state government has announced free travel to the candidates appearing in the exam In a tweet later the chief minister said the state government is serious about all the demands of the RSRTC employees He also called upon the employees to withdraw the proposed strike PTI SDA MGA MGA
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