By Administrator_India Capital Sands Domestic air traffic grew 47.6% in June over May as states such as Delhi and Maharashtra eased Covid-19 curbs. In May, the traffic had fallen 63%. Industry-wide passenger load factor rose to 62.9% in June from May’s 50.5%. SpiceJet had the…
By Administrator_India Capital Sands Oil Marketing Companies (OMCs) in India have raised petrol prices by 28-29 paise/litre and diesel prices by 26-28 paise/litre on May 31. Since May 3, fuel prices have cumulatively jumped by Rs 3.83/litre for petrol and…
By Administrator_India Capital Sands The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence of United Co-operative Bank Ltd, Bagnan in West Bengal due to poor financial condition. However, all the depositors will receive full amount…
By Administrator_India Capital Sands Reliance Industries (RIL) and and BP on April 26 announced commencement of production from the Satellite Cluster gas field in block KG D6, situated off India’s eastern coast. “The Satellite Cluster is the second of the three developments to come…
By Administrator_India Capital Sands Billionaire Gautam Adani’s ports-to-energy conglomerate has become India’s third group to cross USD 100 billion in market capitalisation with shares of four of its six listed companies soaring to an all-time high on Tuesday. The total…
By Administrator_India Capital Sands Online grocery platform Grofers on Tuesday said it will cover the cost of COVID-19 vaccination for its employees, their family members as well as the company”s contractual staff. The company aims to cover vaccination cost for…
By Administrator_India Capital Sands A man using a mobile phone walks past Google offices in New York, US. Australia’s laws forcing Google and Facebook to pay for news are ready to take effect, though the laws’ architect said it will…
By Administrator_India Capital Sands Facebook is committed to investing in India for the long term and continues to build tools for businesses to help them build and grow their online presence, a top company official said. Speaking to PTI, Facebook…
By Administrator_India Capital Sands Finance Minister Nirmala Sitharaman is likely to announce a mega pre-diwali stimulus package on November 12 afternoon. These could include measures aimed at sectors worst hit by the COVID-19 pandemic, as well as listing out of…
By Administrator_India Capital Sands The European Investment Bank said it will invest 650 million euros into the construction of Kanpur’s first metro line, enabling about three million people in the city to benefit from green, fast and affordable public transport….
