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Global Covid caseload tops 421.3 mn, fatalities surge past 5.87 mn

Global Covid caseload tops 421.3 mn, fatalities surge past 5.87 mn

The global coronavirus caseload has topped 421.3 million, while the deaths have surged to more than 5.87 million and vaccinations to over 10.31 billion, according to Johns Hopkins University.

In its latest update on Saturday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and the death toll stood at 421,348,262 and 5,872,338, respectively, while the total number of vaccine doses administered has increased to 10,317,284,055.

HUA approves Rs 235 cr to Andhra Pradesh under 'Garbage Free Cities' vision

HUA approves Rs 235 cr to Andhra Pradesh under 'Garbage Free Cities' vision

The Ministry of Housing and Urban Affairs has approved proposals worth Rs 235 crore to Andhra Pradesh under the 'Garbage Free Cities' vision, the largest one-time approval of funds for legacy dumpsite remediation, a statement said on Friday.

The Centre's share in these proposals will be Rs 77.66 crore, a ministry official said, adding that rest of the amount will be borne by the state.

Price of onions 22.36% lower compared to the last year: Govt

Price of onions 22.36% lower compared to the last year: Govt

Buoyed by late but steady Kharif onion arrivals that is expected to remain till Rabi arrival from March 2022, the all-India average retail price of onion as on February 17 was Rs 35.28/kg, which is 22.36 per cent lower than that of the last year, as per an official statement on Friday.

Prices of onion remained substantially stable during 2021-22 due to effective market intervention through the Price Stabilisation Fund, the Consumer Affairs, Food and Public Distribution Ministry statement said.

RBI-appointed administrator invites bids for resolution of Reliance Capital

RBI-appointed administrator invites bids for resolution of Reliance Capital

As part of the resolution process, the RBI-appointed administrator on Friday invited expressions of interest (EoIs) for sale of debt-ridden Reliance Capital promoted by Anil Ambani Group.

The RBI had on November 29 last year superseded the board of Reliance Capital Ltd (RCL) in view of payment defaults and serious governance issues.

Vistara partners with Allianz, offers optional travel insurance

Vistara partners with Allianz, offers optional travel insurance

Vistara on Friday said it has entered into an association with Allianz Partners to provide optional travel insurance to its passengers.

Effective February 16, Vistara customers have the option to avail travel insurance while booking their domestic or international flights, the airline's statement noted.

Mahindra Electric ties up with CSC to promote EV adoption in rural India

Mahindra Electric ties up with CSC to promote EV adoption in rural India

Mahindra Electric Mobility Ltd (MEML) on Friday said it has partnered with Common Service Centres (CSC), a government organisation that helps provide employment in rural India, to promote adoption of electric vehicles.

Through this association with CSC, MEML will offer its range of electric vehicles like the Treo and Alfa to aspiring customers in the rural markets, the company said in a statement.

Vedanta set for $15-billion play in semiconductor, display unit ventures

Vedanta set for $15-billion play in semiconductor, display unit ventures

Anil Agarwal-led Vedanta Group is getting ready for two separate ventures that may see investments worth $15 billion in chip and display manufacturing space in India. One will be with Hon Hai Technology Group (also known as Foxconn) to manufacture 28-nano meter semiconductor chips based on a technology developed by the Taiwanese multinational. The other venture is meant for a display manufacturing unit.

For the display venture, the company is in talks with at least seven global majors including LG, Sharp and Japan Display for a potential technology or equity partnership.

Coal India warns it may need to cut output without a price hike

Coal India warns it may need to cut output without a price hike

State-run miner Coal India Ltd. warned production of the fuel may fall, risking new threats to the nation’s energy supply, if the company isn’t able to raise prices.
The world’s largest coal producer is facing cost pressures from a looming rise in salaries and on higher prices of diesel used to power mine equipment. Some of the company’s units are finding it difficult to survive without a price hike, Chairman Pramod Agrawal said on a call with analysts.

Airtel, Jio to gain as metaverse is set to boost data usage: Credit Suisse

Airtel, Jio to gain as metaverse is set to boost data usage: Credit Suisse

The transition of digital ecosystem to metaverse, where a person will feel immersed in a virtual world, will push data usage by 20 times across the globe by 2032 and telecom operators Bharti Airtel and Reliance Jio are suitably placed to benefit from the surge in India, a Credit Suisse report has said.

The report said metaverse has enormous potential to further expand screen time and drive more bandwidth consumption.

Sheena Bora case: SC notice to CBI, Maha govt on Indrani Mukerjea bail plea

Sheena Bora case: SC notice to CBI, Maha govt on Indrani Mukerjea bail plea

The Supreme Court Friday sought response from the CBI and the Maharashtra government on bail plea of Indrani Mukerjea who is the prime accused in the Sheena Bora murder case.

A bench of Justices L Nageswara Rao and P S Narasimha issued notice to the CBI and the state government Mukerjea's appeal challenging the Bombay High Court order of November 16, 2021, denying her bail.

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