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Tuesday,13-April-2021

Business

Vande Bharat flight from San Francisco lands in Bengaluru

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Air-India

Air India’s fifth evacuation flight to Karnataka landed here from San Francisco in the US via New Delhi with 109 passengers, an official said on Friday.

“Air India Airbus A320-251N from San Francisco arrived here at 9.20 a.m., with 109 passengers via New Delhi,” an official of the state-run national carrier told IANS here.

The aircraft left the US west coast city on Thursday morning and landed in New Delhi’s international airport early on Friday, where many returnees deboarded before it took off for Bengaluru.

The foreign returnees to the southern state were stranded for overseas for over 50 days due to the suspension of international air services by the government since March 23 and extended lockdown since March 25 to contain the coronavirus spread across the country.

The passengers were received by the state health department and the airline officials in the arrival terminal.

The returnees were given new masks to wear and sanitizer to wash their hands and told to maintain social distancing till they exit the airport.

“As per the standard operating procedure and protocols to be observed by all foreign returnees, the passengers were screened and tested to ensure they were asymptomatic and free from the Covid-19 virus,” a state official told IANS.

After completing the formalities, the passengers will be ferried in state-run chartered buses in batches for the mandatory 14-day quarantine in star hotels booked for them in the city.

Passengers who did not have an Indian mobile connection were given a new sim card by the local operators. It was activated to download the mandatory quarantine app, the Aroygya Sethu app and Apthamitra app before leaving the airport.

As part of the government’s evacuation programme ‘Vande Bharat Mission’, Air India operated five flights to the southern state, including four to Bengaluru and one to Mangaluru on the west coast off the Arabian Sea.

Of the 800 returnees to the state till date, 623 landed in Bengaluru in four flights since Monday and 177 in Mangaluru port city, about 360km away, on Tuesday.

The first evacuation flight to the state was from London on May 11, with 326 returnees, including three infants.

The second flight was an Air-India Express on May 12 to Bengaluru from Singapore, with 42 passengers.

The third repatriation flight landed at Mangaluru from Dubai on May 12, with 177 passengers.

The fourth flight landed in this tech city from Singapore on May 13, with 146 returnees.

Business

Intel-owned Mobileye, Udelv to build 35K autonomous vehicles

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Mobileye-and-Udelv

Intel-owned Mobileye and Udelv, a Silicon Valley venture-backed company, have announced to produce more than 35,000 autonomous vehicles by 2028, with commercial operations beginning in 2023.

Mobileye’s self-driving system — Mobileye Drive — will “drive” the next-generation Udelv autonomous delivery vehicles (ADV), called “Transporters.”

“Our deal with Udelv is significant for its size, scope and rapid deployment timeline, demonstrating our ability to deliver Mobileye Drive for commercial use now and in volume,” said Professor Amnon Shashua, Mobileye president and CEO.

“COVID-19 has accelerated demand for autonomous goods delivery, and we are delighted to partner with Udelv to address this demand in the near term,” he said in statement on Monday.

Donlen, one of America’s largest commercial fleet management companies at the forefront of fleet management innovation and technology, has placed the first pre-order for 1,000 ‘Transporters’ — believed to be the largest to date for an autonomous delivery vehicle.

“The readiness of Mobileye Drive, along with its vast map coverage of North America, Europe and Asia, will allow us to ramp up the production and deployment of Udelv Transporters and rapidly offer the service at scale to our expanding list of customers,” said Daniel Laury, CEO and co-founder of Udelv.

Mobileye-driven Transporters will be capable of L4 self-driving, point-to-point operation.

Udelv’s proprietary tele-operations system will allow for the maneuvering of the vehicles at the edges of the mission, in parking lots, loading zones, apartment complexes and private roads.

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Business

Equity indices in green, auto, banking stocks rise

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Bombay-Stock-Exchange

A day after recording the biggest single-day fall of 2021, the key Indian equity indices traded in the green on Tuesday.

Healthy buying activity was witnessed in banking and auto stocks.

The indices have, however, declined from the intra-day highs.

At around 11.25 a.m, Sensex was trading at 48,030.96, higher by 147.58 points or 0.31 per cent from its previous close of 47,883.38.

It opened at 47,991.53 and has so far touched an intra-day high of 48,315.09 and a low of 47,775.32 points.

The Nifty50 on the National Stock Exchange was trading at 14,349.85, higher by 39.05 points or 0.27 per cent from its previous close.

The top gainers on the Sensex were Mahindra & Mahindra, Bajaj Finserv and ONGC, while the major losers were TCS, Tech Mahindra and Infosys.

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Business

OMCs to explore fuel price revision post elections

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Petrol

Fuel prices in the country remained unchanged on Tuesday with oil marketing companies continuing on the pause mode and keeping petrol and diesel prices static for a fortnight now.

Accordingly, pump prices of petrol and diesel remained at previous day’s level of Rs 90.56 and Rs 80.87 a litre respectively in the national capital.

However, the two petroleum products may see revision again post conclusion of ongoing state elections. With crude remaining below $65 a barrel, any softening on global oil in wake of fresh wave of the pandemic and rising oil stocks in US could actually mean lower petrol and diesel prices for consumers in India.

Before the long drawn pause, petrol and diesel fell by 22 paisa and 23 paisa per litre respectively on March 30. The OMCs have decided to pause price revision since then as they want to watch the crude price movement that has now fallen to around $63.5 a barrel.

Across the country as well the petrol and diesel prices remain static on Tuesday but its retail levels varied depending on the level of local levies on respective states.

In Mumbai, petrol continues to be priced at Rs 96.98 a litre and diesel at Rs 87.96 a litre. Premium petrol, however, continues to remain over Rs 100 a litre in the city as is the case with several cities across the country.

The OMCs went on price cut for the first time this year on two consecutive days – March 24 and 25 after keeping oil prices steady for past 24 days. It again reduced the price on March 30. Thereafter, fuel prices have remained unchanged.

Earlier, petrol and diesel prices increased 26 times in 2021 with the two auto fuels increasing by Rs 7.46 and Rs 7.60 per litre respectively so far this year.

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