Govt bans on-board meals in flights as Covid-19 cases rise : Bulletin: Business Today
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Govt bans on-board meals in flights as Covid-19 cases rise

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Rashi Bisaria | April 13, 2021

Govt bans on-board meals in flights as Covid-19 cases rise

The Civil Aviation Ministry said on Monday that airlines are not allowed to serve meals on flights that have a duration of less than two hours in the wake of a spike in coronavirus cases in India.The ban will come into effect from April 15, the ministry said in its latest order. However, there are no curbs on inflight meals on international flights as of now.

Poonawalla-led Rising Sun's acquisition of stake in Magma Fincorp gets CCI nod

The Competition Commission of India (CCI) has approved the acquisition of a shareholding in Magma Fincorp Limited by Adar Poonwalla-led Rising Star Holdings Private Ltd (RSHPL) and its promoters Sanjay Chamria and Mayank Poddar.Poonawalla is the CEO of the world's largest vaccine maker Serum Institute of India.

Pune traders to back Maha govt on 'full lockdown' to curb rising COVID-19 cases

An umbrella organisation of traders in Pune on Monday said it will extend support to the Maharashtra government if it imposes a "full lockdown" in the state to curb the rising cases of coronavirus. The Federation of Traders Association (FTA), Pune, took the decision after a detailed meeting of its representatives with senior government officials from Pune district as well as the civic administration, its president said.

India's vaccination drive may limit economic impact of second COVID-19 wave: Barclays

India's accelerated vaccination drive may limit the economic disruption caused by a resurgence in COVID-19 cases, Barclays said in a note on Monday, although it warned that shortages in vaccine supply could weigh on the campaign's progress. India racked up the world's highest daily tally of coronavirus infections with 168,912 new cases on Monday, overtaking Brazil as the second-most affected country by the pandemic

Centre's strategy to curb COVID-19 spread 'monumental failure', should supply vaccines: Congress

The Congress on Monday alleged that the BJP-led central government's strategy to control the spread of COVID-19 was a "monumental failure" and said while people are dying across the country the saffron party's leadership is busy campaigning for elections. Congress spokesperson Ajoy Kumar said people of the country will not pardon the BJP for such a dangerous situation and called for scaling up the COVID-19 vaccination drive.

Ant Group gives in to regulators' pressure; to restructure as financial holding company

China's Ant Group, the fintech giant whose $37 billion IPO was derailed by risk-wary regulators days before it was due to list in November, will restructure as a financial holding company, the country's central bank said on Monday. The overhaul comes two days after e-commerce giant Alibaba Group Holding Ltd, of which Ant is an affiliate, was hit with a $2.75 billion antitrust penalty as China tightens controls on the "platform economy".

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