Connect with us
Sunday,20-September-2020

Business

Bharti Airtel up 3 per cent; top Sensex gainer so far

Published

on

Sunil-Bharti-Mittal

Shares of telecom major Bharti Airtel rose on the BSE by over 3 per cent on Thursday after the company fixed a “record” date to determine the shareholders eligible to apply for equity shares in the proposed rights issue.

The company also became the top gainer on the Sensex during morning trade on Thursday.

On Wednesday, the “Special Committee of Directors for Fund Raising” of the company decided that it would select the eligible applicants for the rights issue on April 24, 2019.

Around 10.40 a.m, its share price was up 3.22 per cent at Rs 351.00 per share.

At 11.34 a.m, the Bharti Airtel stocks on the BSE traded at Rs 348.25, higher by Rs 8.20, or 2.41 per cent, over its previous close of Rs 340.05.

The company plans to raise Rs 25,000 crore through the rights issue.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Hyderabad Airport gets AIC’s health accreditation for safe travel

Published

on

Hyderabad-airport

Hyderabad International Airport on Sunday said it has achieved the Airport Council International’s Airport Health Accreditation for safe travel.

Airport operator GMR said this recognition comes when passenger safety is the topmost priority of airport operators due to the Covid-19 pandemic.

Hyderabad is among the first airports in the Asia Pacific region to have received this coveted accreditation.

The Airport Health Accreditation (AHA) programme was launched by the ACI in July to assess the new health measures and procedures adopted by airports as a result of the pandemic.

In accordance with the recommendations of the International Civil Aviation Organisation (ICAO) Council’s Aviation Recovery Task Force, the programme assesses procedures like cleaning and disinfection, physical distancing, staff protection, physical layout, passenger communications and passenger facilities.

The ACI assessment covered the health and safety measures undertaken by the Hyderabad International Airport for passengers and staff in all the terminal areas including departures, arrivals and transfers, transportation services, food and beverage services, escalators and elevators, lounges, facilities, baggage claim area etc.

The assessment also captured the initiatives that the airport took for safety and well-being of employees and stakeholders.

According to the airport operator, with the growing passenger confidence, the airport is steadily seeing an increase in passenger traffic. The airport handles an average 16,000 domestic passengers and over 170 domestic air traffic movements daily.

The airport also regained its 50 domestic destinations till August 31 out of 55 pre-Covid destinations.

The top five destinations in terms of passenger footfall are Delhi, Kolkata, Chennai, Bengaluru and Mumbai.

“ACI Airport Health Accreditation emboldens our commitment and consistent drive towards the safety of passengers and the entire airport community. This has been a collaborative effort and we thank everyone at the airport who have put in their heart and soul throughout this period of global pandemic,” GHIAL CEO Pradeep Panicker said.

He said during the extraordinary times, Hyderabad Airport has been agile and adaptive to the latest government regulations and norms to ensure airport operations are running even during the lockdown, keeping essential services active with utmost level of health and hygiene for everyone with consistency and quality assurance.

“We congratulate the Rajiv Gandhi International Airport for being accredited through ACI’s Airport Health Accreditation programme which demonstrates that they are focused on the health and welfare of travellers, staff, and the public. Public confidence in air travel will be crucial as our industry prepares to sustain continuing operations, and the Rajiv Gandhi International Airport is leading the way by providing to passengers and employees high globally-recognized standards on health and hygiene,” ACI World Director General Luis Felipe de Oliveira said.

Continue Reading

Business

Andhra Pradesh’s second Kisan Rail chugs off for Delhi with tomatoes, fruits

Published

on

Kisan-Rail

Eleven days after the virtual flagging off of the first South Indian Kisan Rail from Anantapur in AP, the second one chugged off on Sunday morning from the southern state, laden with tomatoes and fruits to Nagpur and New Delhi.

“Second rake of Kisan Rail has started from Anantapur station in the early hours of Sunday to reach Adarsh Nagar in New Delhi,” said a South Central Railway (SCR) zone official.

Loaded with 262 tonnes of agricultural produce, the Kisan train is ferrying 239 tonnes of tomatoes and 23 tonnes of fruits such as papaya and others.

Expected to reach the national capital on Monday, the 12-parcel van train will unload three vans carrying 67 tonnes of tomatoes in Nagpur in Maharashtra, enroute to Delhi.

Nagpur is 882 km north of Anantapur while New Delhi is roughly 2,000 km north of the Rayalaseema town.

Kisan Rail is Indian Railways bit to fulfil Prime Minister Narendra Modi’s vision of doubling farmers’ income in India.

“An announcement was made in the Union Budget 2020 – 21 about the operation of Kisan trains and accordingly Kisan Rails were started,” he said.

These trains are enabling farmers to ship their produce to places where there are markets to buy their wares.

Continue Reading

Business

Diesel prices fall again on easing global crude prices

Published

on

Petrol

Diesel prices continued to decline for the fourth consecutive day on Sunday on the back of falling global crude prices.

In the national capital, diesel was priced at Rs 71.58 per litre, down from Rs 71.82 on Saturday.

Similarly in the other metros of Mumbai, Chennai and Kolkata, the fuel was sold for Rs 78.02, Rs 76.99 and Rs 75.09 on Sunday, respectively, against the previous levels of Rs 78.27, Rs 77.21 and Rs 75.32 per litre.

The recent fall in transport fuel prices comes in the wake of softening of global oil prices as an extended run of Covid-19 has depressed demand and created a glut in the market.

Prices of petrol, however, remained unchanged for the second straight day at Rs 81.14, Rs 87.82, Rs 84.21 and Rs 82.67 per litre across Delhi, Mumbai, Chennai and Kolkata, respectively.

Continue Reading
Advertisement
Advertisement

Trending