Safesea, NRI-led group, Megha Engg shortlisted for Shipping Corp stake

US-based Safesea, Megha Engineering and Infrastructure and a consortium led by NRI businessman Ravi Mehrotra have been shortlisted as potential buyers for the government of India’s stake in (SCI).The three bidders, who had submitted expressions of interest (EoIs) for the ship owner on March 1, have qualified after meeting technical and financial criteria and receiving … Read more Safesea, NRI-led group, Megha Engg shortlisted for Shipping Corp stake

View: India’s coronavirus disaster is now the world’s problem

It will be a while before it’s fully understood why India has been so swiftly and so disastrously engulfed by the coronavirus. But there is one thing for sure: India’s problem is now the world’s problem. India shut down too abruptly when the virus arrived, and then was too quick to reopen. In March 2020, … Read more View: India’s coronavirus disaster is now the world’s problem

Air ambulance makes belly landing in Mumbai; no casualties

An air ambulance carrying 5 passengers including a doctor, a paramedic and a patient had to emergency belly land in Mumbai after its landing gear fell off. The flight operated on a Beechcraft jet had taken off from Nagpur and was headed for Mumbai. There were no casualties and the patient was rushed to Nanavati … Read more Air ambulance makes belly landing in Mumbai; no casualties

Former Maldives president hurt in blast outside home – police

Former Maldives president Mohamed Nasheed was injured in a blast outside his family home on Thursday, police said in a statement. “Following an explosion… Speaker of Parliament President Mohamed Nasheed has sustained injuries and is currently receiving treatment at ADK Hospital,” the statement said. Images from state TV channel PSM showed security services securing the … Read more Former Maldives president hurt in blast outside home – police

Acting responsibly to alleviate people suffering from COVID-19: Centre to SC

The Centre on Thursday told the Supreme Court that being a constitutionally elected government it is acting responsibly to alleviate the suffering of people due to COVID-19 by making every possible effort to augment the supply of Oxygen. It rebutted the Delhi government’s accusation that oxygen allocation is being done arbitrarily and favoured creation of … Read more Acting responsibly to alleviate people suffering from COVID-19: Centre to SC

On vaccinating the globe, Blinken warns: ‘We have to speed this up’

Vaccinating the globe against COVID-19 needs to be sped up to beat mutations of the virus and the United States is looking at how it can do more to help, U.S. Secretary of State Antony Blinken said on Thursday. “If the entire world doesn’t do more, the world won’t be vaccinated until 2024. We can … Read more On vaccinating the globe, Blinken warns: ‘We have to speed this up’

Andhra Pradesh govt sends oxygen SOS to Centre

The Andhra Pradesh government on Thursday sent an SOS to the Centre seeking enhanced supply of medical oxygen as the demand is expected to touch 1,000 tonnes by May 15, officials said. While the central government has now allotted 480 tonnes of medical oxygen to the state from various sources, the maximum consumption per day … Read more Andhra Pradesh govt sends oxygen SOS to Centre

Trade setup: Nifty has key support at 14,675 and 14,580 levels; stick to defensive stocks

The markets saw a session that was typically dominated with weekly options expiry while it ended the day on a positive note. The Nifty saw a stable opening in the morning on expected lines. However, it soon pared its opening gains in the morning to trade on a flat note. The Nifty did pull itself … Read more Trade setup: Nifty has key support at 14,675 and 14,580 levels; stick to defensive stocks

COVID: 353 more deaths, 26,780 new cases in Uttar Pradesh

The death toll from COVID-19 rose to 14,501 in Uttar Pradesh on Thursday with 353 more fatalities, while 26,780 new cases pushed the infection tally to 14,25,919, an official said. Additional Chief Secretary Amit Mohan Prasad also said 28,902 people have recovered from the infection in the past 24 hours. “There are currently 2,59,844 active … Read more COVID: 353 more deaths, 26,780 new cases in Uttar Pradesh

Oil PSUs commit Rs 100 cr for redevelopment of Hindu shrine Badrinath Dham

India’s top oil PSUs – IOC, ONGC, , BPCL and HPCL – on Thursday committed Rs 100 crore for the redevelopment of Badrinath Dham, one of the holiest shrines of Hindus, Oil Minister Dharmendra Pradhan said. “It is a matter of great pride for our oil PSUs to be associated with the redevelopment of one … Read more Oil PSUs commit Rs 100 cr for redevelopment of Hindu shrine Badrinath Dham