Revenues of Indian airlines fell 85.7% in April-June due to Covid-19: Puri

Lavern Vogel

The profits of Indian airways fell by eighty five.7 per cent to Rs three,651 crore during the to start with quarter of 2020-21 in comparison to the corresponding interval a calendar year in the past owing to COVID-19, stated Civil Aviation Minister Hardeep Singh Puri on Wednesday.

Also, staff rely at the Indian carriers went down from seventy four,887 on March 31 to sixty nine,589 on July 31, a minimize of 7.07 per cent, Puri mentioned in a penned reply to a issue in Rajya Sabha.

“The profits of airport operators has lowered from Rs 5,745 crore during April-June 2019 to Rs 894 crore during April-June 2020,” he stated.

The minister stated the staff rely at airports has lowered from 67,760 on March 31 to 64,514 on July 31.

Scheduled domestic flight solutions have been suspended in India from March 25 to May well 24 owing to the coronavirus-brought on

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JB Chemicals rallies 19% in two days on strong June quarter numbers

Lavern Vogel

Shares of JB Substances & Prescription drugs (JB Substances) moved bigger by 10 for every cent to Rs 985 on Wednesday, therefore surging 19 for every cent in the earlier two buying and selling days following the organization claimed strong earnings pushed by growth in exports, API, and chronic therapies in the domestic market, along with reduce gross sales and promoting expenditures in the course of the lockdown.

The stock was buying and selling at its new all-time high amount, attaining 25 for every cent in earlier four days. In the earlier six-months, the stock has soared 82 for every cent from 25 for every cent rise in the S&P BSE Sensex.

JB Chemicals’ consolidated web revenue for the quarter ended June 2020 (Q1FY20) virtually doubled to Rs 119 crore. The pharmaceutical organization had posted a revenue of Rs sixty two crore in the year-in the past interval. Profits in

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Trump dents Indian-American vote bank; majority still support Biden: Survey

Lavern Vogel

US President Donald Trump has produced inroads into the Indian-American vote financial institution, the largest at any time by a Republican president, according to a survey which has sent stressing alerts to the Democrats that the aid of this influential ethnic community can no for a longer time be taken for granted.

The survey by Indiaspora and Asian People in america & Pacific Islanders (AAPI) Information on Tuesday showed that a majority of Indian-People in america nonetheless favour former vice president Biden, the Democratic Party’s nominee in the November three US presidential election.

It identified that seventy four-12 months-outdated Trump, trying to get re-election, is generating a significant dent into the Indian-American vote financial institution inspite of the reality that Biden has a powerful romance with the community and performed a essential function in bilateral ties in excess of the past several a long time. Biden, 77, also scripted record

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