Maha Covid deaths drop to 231

Maha Covid deaths drop to 231

Wednesday, 30 June 2021 | TN RAGHUNATHA | Mumbai

The daily Covid-19 deaths dropped to 231 and the infections remained at a relatively low of 8,085 in Maharashtra on Tuesday, even as 8,623 patients were discharged after full recovery from various hospitals in the State. A day after the State logged 287 fatalities and 6,727 infections, the daily deaths dropped...

Jet Airways shares continue to rise

Wednesday, 30 June 2021 | PTI | New Delhi

Continuing on its upward trajectory, shares of grounded Jet Airways gained nearly five per cent to touch its upper price limit on Tuesday.  Since National Company Law Tribunal (NCLT) approved Jalan Kalrock Consortium’s resolution plan for the airline on June 22, the scrip has been on the rise. On Tuesday, it closed...

Low investment in health sector’s private domain; stimulus could be game-changer: VK Paul

Wednesday, 30 June 2021 | PTI | New Delhi

Investment in the expansion of the health sector in private domain has been relatively low and the recent stimulus announced by the government provides the country an opportunity to change this situation, Niti Aayog Member (Health) V K Paul said on Tuesday.Finance Minister Nirmala Sitharaman on Monday announced Rs 1.5...

New pandemic package to raise fiscal deficit by 60 bps: Report

Wednesday, 30 June 2021 | PTI | Mumbai

The latest credit push for the pandemic-hit sectors and other relief supports will have an additional 60 bps impact on the fiscal deficit, and can offer an additional liquidity window of Rs 70,000 crore to banks, says a report.   Finance Minister Nirmala Sitharaman on Monday announced Rs 1.5 lakh-crore of...

Meet soon on auto sector growth: Min

Wednesday, 30 June 2021 | PTI | New Delhi

The heavy industries and public enterprises Ministry will soon convene a stakeholder meeting to discuss ways for fast-track growth of the automobile industry, including e-vehicles, Union Minister Prakash Javadekar said on Tuesday. He also said with the development of NATRAX (National Automotive Test Tracks) Indore facility, domestic vehicles will no longer...

Sensex rises over 200 pts in early trade; Nifty tops 15,800

Wednesday, 30 June 2021 | PTI | Mumbai

Equity benchmark Sensex jumped over 200 pts in early trade on Wednesday led by gains in index majors Infosys, Reliance Industries and Maruti amid a positive trend in global markets. The 30-share BSE index was trading 200.35 points or 0.38 per cent higher at 52,750.01 in initial deals. Similarly, the broader...

Zomato's $100M investment to turn Grofers into unicorn: Reportb

Wednesday, 30 June 2021 | IANS | New Delhi

Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about a 10 per cent stake. According to TechCrunch, the proposed investment values the seven-year-old startup Grofers, which counts SoftBank as its largest investor,...

Jet shares hit 5% upper circuit as monitoring panel put in place

Wednesday, 30 June 2021 | IANS | Mumbai

Shares of Jet Airways hit the 5 per cent upper circuit on Wednesday as the resolution process of the company has concluded and the seven-member monitoring committee has been constituted. Around 12.40 p.m., shares of Jet Airways were at Rs 133.10, higher by Rs 6.30 or 4.97 per cent from their...

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