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Sunday,20-September-2020

Business

Netflix CEO Reed Hastings departs from Facebook Board

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Facebook, which is reportedly spending $1 billion on producing original content, has announced that Netflix CEO Reed Hastings will not rejoin the company’s board as a director.

Peggy Alford, currently senior vice president of Core Markets for PayPal, will be nominated to join the board of directors, Facebook said on Friday.

Alford will become the first black woman to serve on Facebook’s board, reports TechCrunch.

She has served as the Chief Financial Officer of the non-profit Chan Zuckerberg Initiative.

“Peggy is one of those rare people who’s an expert across many different areas — from business management to finance operations to product development,” said Facebook CEO Mark Zuckerberg.

Peggy said she “looks forward to working with Mark and the other directors as the company builds new and inspiring ways to help people connect and build community”.

The social network is working on original programming for its Facebook Watch platform. In December, over 400 million people viewed at least one video on Facebook Watch.

Facebook’s original video content ranges from Jada Pinkett Smith’s popular talk show “Red Table Talk” to the drama series “Sorry For Your Loss” starring Elizabeth Olsen, reports CNN.

The company also hosts YouTube-like shows from content creators.

Facebook also announced that Erskine Bowles, a former Democratic political staffer, will leave the board.

Both Hastings and Bowles have served on the Facebook board since 2011.

Business

Hyderabad Airport gets AIC’s health accreditation for safe travel

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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.

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

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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.

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Diesel prices fall again on easing global crude prices

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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.

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