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Airlines may give 2-year credit note for tickets cancelled

New Delhi: The Supreme Court on Friday asked the Centre to take a stand on refunding by airlines on cancellation of tickets during the lockdown, and suggested that the airline operators must extend the credit period for two years. A bench comprising Justices Ashok Bhushan, Sanjay Kishan Kaul and M.R. Shah suggested that a credit note by airlines must have …

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Discrimination in layoffs can put firms in deep trouble

New Delhi: As organisations prepare to reopen offices after Covid-19 lockdowns, in addition to health and safety risks, business leaders must consider risks associated with forcefully asking employees to return to work or laying off staff based on age, gender or race which can result in legal repercussions, brand vilification and financial decline, a new report has warned. Rushing employees …

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BIZ SCAN

Mitsu launches  ‘Dontouch Corona Sword’ Mumbai: Mitsu Chem Plast Ltd, a certified polymer based moulded products manufacturing company, has launched yet another innovative product “Dontouch Corona Sword” in its long-standing range of innovative products. This product is going to be very useful for Indians in fight against COVID – 19. Dontouch is the product which allows users to do their …

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Proper employment of migrant labourers under MGNREGA

New Delhi: A properly crafted policy is required to employ migrant labourers, who have returned back to their home state, under the MGNREGA, said a SBI Ecowrap report on Wednesday. As per the report, the maximum number of migrant labourers have reached Uttar Pradesh (23.2 lakh), Bihar (20.7 lakh), Jharkhand (2.7 lakh), Odisha (2.6 lakh) and West Bengal (2.2 lakh). …

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May’s vehicle registration plunges 88.8% on YoY basis

New Delhi: India’s auto sector continues to reel under the economic impact of the Covid-19 outbreak, as vehicle registration during May plunged by 88.87 per cent on a YoY basis. Accordingly, the Federation of Automobile Dealers Associations’ data showed that vehicle registration data for May declined to 2,02,697 units from 18,21,650 units off-take during the like month of last year. …

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Price-friendly Mi NoteBooks in India

New Delhi: Xiaomi on Thursday brought Mi Notebook 14 and Mi Notebook 14 Horizon Edition to India that are set to disrupt the laptop segment owing to an aggressive pricing and solid internals. The Mi Notebook 14 has an inaugural price of Rs 41,999 for the 256GB variant while the 512GB variant is available for Rs 44,999. The 512GB variant …

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India mobile handset industry can reach $100bn in exports by 2025: ICEA-EY

New Delhi: With a three-pronged strategy (restart, restore and resurgence), India can achieve $100 billion in mobile phones and nearly $40 billion in component exports by 2025, a new report said on Thursday. The strategy document titled “Mobile Manufacturing in a post-COVID-19 World” by industry body India Cellular and Electronics Association (ICEA) and consultancy major EY, offers a roadmap for …

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Mining engineers urge govt for immediate resumption of mining

NT NETWORK PANAJI Mining engineers in the state who lost jobs because of closure of the industry have asked the government for immediate resumption of mining. Engineers have asked the government to impress upon the Prime Minister to do away with the present mining stoppage through the means legislative amendment. The engineers belonging to the Polytechnic Mining Alumni Association of Goa (PolyMAAG), met Chief Minister Pramod Sawant to …

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Centre allots Rs 4,000 cr to states under ‘Per Drop More Crop’

IANS New Delhi The Central government has allocated Rs 4,000 crore as annual allotment to states for the current financial year under ‘Per Drop More Crop’ component of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY-PDMC). The state governments have identified the beneficiaries to be covered under the programme, said an Agriculture Ministry statement, adding that the process to release funds to …

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Malls, eateries limping back to life in Bengaluru

IANS Bengaluru Reopening after 75 days of COVID-induced lockdown on June 8 (Monday), shopping malls and eateries in this tech city are limping back to business, with rising footfalls and steady customers, wearing masks and maintaining social distancing as per the government guidelines. “Footfalls are slowly increasing by the day with more in the evening though business in shops is …

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