IndiGo, SpiceJet gear up for post-lockdown operations : Bulletin: Business Today
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IndiGo, SpiceJet gear up for post-lockdown operations

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BusinessToday.In | May 21, 2020

Domestic flights to resume from May 25: IndiGo, SpiceJet gear up for post-lockdown operations
Shortly after Civil Aviation Minister Hardeep Singh Puri announced that India will resume domestic flights from May 25, domestic carriers IndiGo and SpiceJet said that they are fully prepared with safety measures to get back to work. Gurgaon-headquartered IndiGo, India's largest airline by passengers carried and fleet size, said that it will be resuming flight operations from May 25, 2020 in a "phased manner".

Lufthansa in talks with German govt for rescue deal worth up to $10 billion
Airline Lufthansa said on Thursday it is in advanced talks with the German government's economic stabilisation fund over a rescue deal worth up to 9 billion euros ($9.9 billion), including the state taking a 20% stake in the company. Lufthansa has been in talks with the government for weeks over aid to help it weather the coronavirus pandemic and what is expected to be a protracted travel slump.

Coronavirus effect: White House report tears into China for 'malicious activities'
Beyond its hard-hitting rhetoric against China over its handling of the coronavirus, the White House on Wednesday issued a broad-scale attack on Beijing's predatory economic policies, military buildup, disinformation campaigns and human rights violations. The 20-page report does not signal a shift in US policy, but it expands on Trump's get-tough rhetoric that he hopes will resonate with voters angry about China's handling of the disease outbreak that has left tens of millions of Americans out of work.

Coronavirus crisis: Ramp-up operations, increase investment, Sitharaman tells India Inc
Union Finance Minister Nirmala Sitharaman during her virtual conference with senior members of Confederation of Indian Industry (CII) on Wednesday asked them to ramp up operations and pump in more money to offset the impact of the coronavirus-induced slowdown. The virtual meeting, which was held to mark 125 years of the CII's existence, was reportedly designed to assess the industry mood over the stimulus package announced by the government.

Super storm cyclone Amphan batters West Bengal, Odisha, kills 12 people
Super cyclone Amphan made a landfall in India around 7 pm on Wednesday. The extremely severe cyclone has battered West Bengal and Odisha, packing winds gushing up to 190 kmph, causing heavy rainfall, uprooting trees and swamping homes and farmlands. The cyclone Amphan has reportedly taken away 12 lives.

Strides Pharma to conduct trials in India for potential COVID-19 drug
Indian pharmaceutical company Strides Pharma Science Ltd  said on Thursday it has obtained regulatory approval to conduct clinical trials of antiviral drug favipiravir, a potential treatment for COVID-19.The company has received approval from the Drug Controller General of India to conduct trials of favipiravir in the country.

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