Air India Live Updates: Certain employees sent on leave without pay for up to 5 years – The Economic Times

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July 15, 2020

Air India Live Updates: Certain employees sent on leave without pay for up to 5 years – The Economic Times

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Punjab CM Amarinder Singh tests negative for COVID-19

Punjab Chief Minister Amarinder Singh tested negative for COVID-19 on Wednesday, a day after one of his cabinet colleagues contracted the infection.
Punjab Rural Development and Panchayats Minister Tript Rajinder Singh Bajwa tested positive for the novel coronavirus on Tuesday.
Singh urged all ministers, department secretaries and legislators to get themselves tested for COVID-19. He himself got tested and the result was negative, a spokesperson said.

India has played significant role in combating pandemic: EU

The European Union on Wednesday said India has played a significant role in the fight against COVID-19, saying it had also contributed to international efforts to combat the pandemic.
The views were expressed at the 15th India-EU virtual summit by European Council President Charles Michel and European Commission President Ursula von der Leyen on Wednesday.
“I would like to thank India for the cooperation your country has shown with the EU. I would like to pay tribute to your role nationally and internationally, multilaterally in combating COVID19 pandemic,” Michel said.

UN warns of dangerous drop in vaccinations during pandemic

Levels of childhood immunisations against dangerous diseases such as measles, tetanus and diphtheria have dropped alarmingly during the COVID-19 pandemic, putting millions of children at risk, United Nations agencies said on Wednesday.
“The avoidable suffering and death caused by children missing out on routine immunisations could be far greater than COVID-19 itself,” World Health Organization (WHO) director general Tedros Adhanom Ghebreyesus said in a joint report with UNICEF.
Three-quarters of the 82 countries that responded to a survey for the report said they had suffered coronavirus-related disruptions to their immunisation programmes as of May 2020.

US banking giant Goldman Sachs’ quarterly profits top estimates at $2.2 billion, shares jump

Air India to send certain employees on leave without pay for up to five years

Air India has started the process of identifying employees, based on various factors like efficiency, health and redundancy, who will be sent on compulsory leave without pay (LWP) for up to five years, according to an official order.
The airline’s board of directors have authorised its Chairman and Managing Director Rajiv Bansal to send employees on LWP “for six months or for a period of two years extendable upto five years, depending upon the following factors – suitability, efficiency, competence, quality of performance, health of the employee, instance of non-availability of the employee for duty in the past as a result of ill health or otherwise and redundancy”, the order said on Tuesday.

Tablighi Jamaat: Delhi court grants bail to 200 Indonesians

A Delhi court Wednesday granted bail to 200 Indonesians who were chargesheeted for attending Tablighi Jamaat congregation here allegedly in violation of visa norms, indulging in missionary activities illegally and violating government guidelines issued in the wake of COVID-19 outbreak.

If a COVID warrior loses his/her life in the fight against covid-19, one member of his/her family will be given govt job: West Bengal CM Mamata Banerjee

I am committed to expand ties with European Union; We must adopt long-term strategic perspective to boost ties

– PM Modi

India, EU share universal values like democracy, pluralism, inclusivity, multilateralism, freedom and transparency: PM Modi at India-EU summit

India and EU are natural partners. Our partnership is significant for peace and stability of the world. This reality has become even more clear in the global situation today

– Narendra Modi

Apart from current challenges, long-term challenges like climate change also a priority for India and the EU. In our efforts to increase the use of renewable energy in India, we invite investment and technology from Europe

– PM Modi

Maruti, Toyota recall over 1.41 lakh units to replace faulty fuel pumps

The country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday said it is recalling 1,34, 885 units of WagonR and Baleno to in order to replace faulty fuel pumps.
Toyota Kirloskar Motor (TKM), which sources Baleno from MSI and sells it as Glanza, also said it is recalling around 6,500 units of the premium hatchback to fix the same problem.
In a statement, MSI said it is voluntarily recalling WagonR (1-litre) manufactured between November 15, 2018, and October 15, 2019, and Baleno (petrol) manufactured between January 8, 2019, and November 4, 2019.

Infosys reports 12.4 per cent rise in Q1 net profit to Rs 4,272 crore, revenue increases 8.5 per cent to Rs 23,665 crore during same period

We had to cancel India-EU summit in March due to pandemic. It is good that we are able to come together today through virtual medium

– PM Narendra Modi

I would like to thank India for the cooperation your country has shown with the EU. I would like to pay tribute to your role nationally and internationally, multilaterally in combating COVID-19 pandemic

– European Council President Charles Michel

Bengaluru Police Commissioner orders ban on online sale of liquor in the area till the end of lockdown

Lockdown has been imposed in Bengaluru for seven days, which started from 8 pm yesterday and will continue till 5 am on 22nd July in the wake of COVID-19 pandemic.

PM Modi addresses India-EU Summit via video conferencing

Punjab Cabinet approves the recruitment of 798 experts

Punjab Cabinet has approved the recruitment of as many as 798 experts as plainclothes Civilian Support Staff for Punjab Investigation Bureau, which is all set to induct a total of 4251 personnel, across different ranks & positions: State government

Andhra reports highest single-day of 2432 cases, tally crosses 35K mark

50% tipplers in West Bengal switch over to cheaper brands of liquor due to price hike: Survey

Governor of Madhya Pradesh Lal Ji Tandon is still on ventilator and is undergoing dialysis: Dr Rakesh Kapoor, Medical Director, Medanta Lucknow

Deal with Saudi Aramco not progressed as per timelines: Ambani

Asia’s richest man Mukesh Ambani on Wednesday said his group’s planned stake sale in oil-to-chemical business to Saudi Aramco for an asking of USD 15 billion has not progressed as per original timelines due to COVID-19.
“We value our two-decade relationship with Aramco and are committed to a long-term partnership,” Ambani said at Reliance Industries’ annual general meeting.
He, however, did not say if the deal was on track or give a new timeline for its completion.

Closing Bell

Sensex ends 18.75 pts higher at 36,051.81; Nifty up 10.85 pts to 10,618.20

Top India, US CEOs discuss ways to boost investment opportunities across several sectors

Top CEOs of India and the US on Tuesday discussed ways to boost bilateral investments in sectors such as healthcare, aerospace, defence, infrastructure, ICT, and financial services, according to a commerce ministry statement.
The discussion took place during the the India-US CEO Forum through a telephonic conference. The forum was co-chaired by Tata Sons Chairman N Chandrasekaran and James Taiclet, President and Chief Executive Officer, Lockheed Martin.

Ambani says received strong interest from strategic investors for Reliance Retail

Richest Indian Mukesh Ambani on Wednesday said his group’s retail venture has received strong interest from strategic and financial investors.
“We will induct global partners and investors in Reliance Retail in the next few quarters,” he said at Reliance Industries annual general meeting.
Reliance Retail has already started pilots of its ecommerce venture.

Worldwide coronavirus cases cross 13.41 million, death toll at 578,228

IDBI Bank plans to raise Rs 11,000 cr equity capital

Private lender IDBI Bank will raise up to Rs 11,000 crore equity capital through various modes, including a qualified institutional placement (QIP), in about a year to strengthen its capital base, the bank said on Wednesday.
The lender will seek approval from shareholders for the proposal in the upcoming annual general meeting (AGM) on August 17, 2020, the bank said in a regulatory filing.

Reliance Energy

Reliance retail has been at the forefront for bringing retail revolution in India

Revenues for last year- grown 8 times and profit 11 times
Reliance Retail is the only Indian to feature in top 100 retailers of the world
More than 2/3rd stores are operated in Tier 2 and Tier 3 cities
Employment opportunities for lakhs of people
Growth model is inclusive- connecting farmers to households

Partnership with Google

There are many feature phone users who want to upgrade to an affordable smartphone. Such an innovation would require an excellent operating system where Google comes in. Its partnership with Jio would enable more and more people to access the cutting edge technology.

Partnership with Facebook

Announced in April 2020, the partnership between Reliance Industries and Facebook will empower the country digitally, businesses and entrepreneurs. The projects will open opportunities for the commerce and retail sector in the country. India has more than 60 mn small merchants, they will be benefitted from the opportunities created by the partnership.

New commerce platform -Jio Mart

A powerful tech platform that will unite producers, customers and kiranas
Jio Mart is built to digitally enable Kiranas, stalls will no longer will be held back
It has become a trusted partner of supllies for Kirana stores
Jio Mart focussed to provide superior facilities to consumers
Already registered with 200 cities.
Boost India’s consumption

Jio’s latest offerings

Jio set top box- Jio TV+ aggravated all the content from 12 OTT platforms
Jio Fiber- Brought interactivity to TV
Jio App Store- Home to the leading app developers
JioGlass- Supports more than 25 applications, mix reality experience in 3D
Jio Meet: From virtual hangouts to formal meetings, it is the most secure way to connect

Jio has designed a complete 5G spectrum from scratch

Conceived with the vision of original technology first in India and then to the rest of the world. “Once it is proven in India, Jio Platforms would be well positioned to be an exporter of 5G solutions to other telecom operators globally, as a complete managed service,” Ambani said.

Google to invest over Rs 33,000 crore in Jio Platforms

Google will invest Rs 33,737 crore in Jio Platforms for a 7.7 per cent stake in the telecom and digital arm of the company.

Over 200 crore worth exports by RIL

Every adversity brings its own multiple opportunities

– Mukesh Ambani

All directors, top executives of the Reliance Industries Ltd are present at its 43rd AGM

Meeting of Joint Committee of MPs on Personal Data Protection Bill 2019, scheduled for 17 July has been postponed: Sources

Chatbot for easy onboarding of Reliance shareholders

RIL has launched an educative Chatbot via Whatsapp number +91-79771-11111 to nuance processing of logging in, asking questions and voting on the resolution.

Goldman Sachs on RIL AGM

Focus of the AGM is expected to be largely on product launches around RIL’s partnership with Facebook, potentially ranging from integration of JioMart with WhatsApp, additional colour on payments business and launch of a large product ecosystem (Super App) where Jio could integrate its services with WhatsApp.

Aramco and Reliance Retail

Among the key initiatives announced at the last AGM, the company has completed strategic stake sales in Jio, petro-retail and cut its net debt to zero. We might get an update on the remaining two goals: stake sale to Aramco and in Reliance Retail, according to BofA Securities.

Morgan Stanley on RIL 43rd AGM

Asset monetisation plans: Strategic direction post-Covid and further details on asset monetisation are among the key expectations. The AGM is expected to report on progress on asset monetisation (INViTs and stake sale in O2C business), more details on strategic partnerships in digital business, growth plans on financial vertical, oil to chemical integration progress and new technologies.

Shareholders can now simply log into the event live, can listen to the plans and initiatives and comment and participate too, Reliance sources said

COVID-19 situation in Delhi better than in June

– Arvind Kejriwal

Rajasthan: State BJP President Satish Punia meets senior party leaders, amid the current political situation in the state

Congress doors have not closed for Pilot: Party gen secretary Pande

The Congress’ doors have not closed for Sachin Pilot, the party’s national general secretary and Rajasthan in-charge Avinash Pande said on Wednesday, a day after the rebel leader was removed as state deputy chief minister.

India losing power and respect everywhere, government has no idea what to do

– Rahul Gandhi

SC refuses to stay Maratha reservations for now

Gulab Chand Kataria, Leader of Opposition in Rajasthan Assembly:

We had decided the timing of our meeting based Sachin Pilot's press conference but now that it has been cancelled,… https://t.co/uP6tYGKGoB

— ANI (@ANI) 1594798621000

Girls outshine boys in class 10 exams, record 3.17% higher pass percentage: CBSE

CBSE class 10 results

Over 1.84 lakh students score above 90 pc, more than 41,000 students score above 95 pc marks.
Trivandrum region records highest pass percentage of 99.28, Guwahati region records lowest at 79.12
Marginal increase in pass percentage since last year, 91.46 pc students pass class 10 exam

Assam flood casualty

59 people dead and 45,40,890 affected across 30 districts due to floods in the state as of 14th July: Assam State Disaster Management Authority

CBSE results can be accessed at cbseresults.nic.in

Dear Students, Parents, and Teachers! @cbseindia29 has announced the results of Class X and can be accessed at… https://t.co/NausDEwvXv

— Dr. Ramesh Pokhriyal Nishank (@DrRPNishank) 1594796822000

CID team arrests one person in connection with death case of BJP MLA

West Bengal: Criminal Investigation Department (CID) team has arrested one person, Niloy Singh, in connection with the death case of BJP MLA Debendra Nath Roy, whose body was found hanging. Niloy Singh’s name was written in the suicide note.

CBSE Class 10 exam results announced

Overall Pass Percentage is 91.46%

There will be no shortages of beds: Kejriwal

On 1st June there were 4,100 beds in Delhi, today there are 15,500 beds. Today there are 2,100 ICU beds, of which 1,100 are vacant. Because of this, today people have the confidence that in case they need to be hospitalised, there will be no shortages: Delhi CM Arvind Kejriwal

Rajnath, CDS to attend DAC meet to speed up procurement of weapons

Union Defence Minister Rajnath Singh, Chief of Defence Staff General Bipin Rawat and chiefs of the three services will attend a special Defence Acquisition Council meeting on Tuesday, informed Defence officials.
“The meeting is being held to speed up the procurement of weapons systems and ammunition for the armed forces,” said a defence official.

Delhi CM thanks all parties for their help in Covid battle

If the Delhi Government had decided to battle COVID19 alone, we would have failed. That is why we went to everyone including central government, NGOs & religious organisations. I thank all parties including BJP and Congress: Arvind Kejriwal Delhi CM

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