BUSINESS
Tata group signs Rs 22,000 crore contract with Airbus to make military planes | 10 points
The deal has become even more critical for the IAF as a separate project to jointly co-develop and produce a Medium Transport Aircraft (MTA) of 20 tonnes with Russia to replace the An-32s in service was scrapped after initial design discussions. Here are the details:
Elon Musk becomes world's richest man yet again after his net worth crosses $200 billion mark
Musk became the third ever person on the planet to cross the $200 billion mark after Amazon founder Jeff Bezos and Chief Executive of LVMH Bernard Arnault. The SpaceX founder became $3.8 billion richer on Monday as shares Tesla continued a four-month rally, closing up 2.2% higher at $791.36. Musk’s net worth was $203.4 billion on Monday, Forbes reported.
Banks to be closed for 21 days in October 2021 | Here’re details
This year, the total number of holidays go over the top as a long list of national holidays awaits the public. However, not all states will get the entire 21 days bank holidays as some of these festivals and holiday dates are unique to certain states all over the country.
Markets open on positive note and turn negative
The Sensex of the BSE opened at 60,285.89 points and touched a high of 60,288.44 points. The Sensex touched a low of 59,899.57 points.
Sensex falls over 475 points but few stocks gain over 10% on BSE
Accordingly, the sticks that's rallied over 10 per cent on BSE included NTC Industries (16.9 per cent), Paramone Concepts (12.90 per cent), Novateor Research (10.66 per cent), Stove Craft (10.61 per cent), Cosco India (10.57 per cent).
If business travel doesn't resume, 40% concerned about earnings
Respondents to the survey carried out in India, Singapore, Malaysia, China, Hong Kong, Taiwan, Japan, South Korea, Australia, and New Zealand believe that the current travel hiatus is hurting their careers - by impeding their business goals and personal lives. While professionals are eager to restart in-person meetings soon, they also want greater control over how they will travel, so that their safety and health can be better safeguarded amidst the pandemic.
Chairman, MD, ED can't be held vicariously liable for criminal acts of company: SC
In a judgment, a bench comprising M.R. Shah and A.S. Bopanna said: "Magistrate has to record his satisfaction about a prima facie case against the accused who are Managing Director, the Company Secretary and the Directors of the Company and the role played by them in their respective capacities which is sine qua non for initiating criminal proceedings against them".
Petrol, diesel prices rise after 3-week break
Accordingly, diesel prices increased by 25 paisa per litre in the national capital to Rs 89.57 per litre, while the petrol rates spiked by 20 paisa per litre to Rs 101.39 after a break of 23 days, according to Indian Oil Corporation, country's largest fuel retailer. Diesel prices have now increased for third consecutive day and for the fourth time in the last five days taking up its retail price by 95 paisa per litre in Delhi.
Random dope test on air crew, traffic controllers to commence from 2022
The Directorate General of Civil Aviation (DGCA) on Monday said that provisions of the 'Civil Aviation Requirements' rules are applicable on aircraft operators, MROs, FTOs, and air navigation service providers.
Amidst pandemic, job count grows in 9 key sectors in April-June quarter
The growth has come as compared to 2.37 crore job count as reported by the sixth Economic Census (2013-14). The nine sectors account for majority of the total employment in non-farm establishments.
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