The nation’s aviation safety agency announced the move early Wednesday, saying it was done after a thorough and methodical 20-month review process. Regulators around the world grounded the Max in March 2019, following the crash of an Ethiopian Airlines plane. That came less than five months after another Max flown …
Read More »Analysts are bullish on small and mid caps; expect superior performance in 2021
Even as the top-tier indices, the S&P BSE Sensex and the Nifty50, scale new highs, the mid- and small-cap segments have also seen a hot streak in recent months, with both indices hitting a new 52-week high. on Wednesday. The S&P BSE SmallCap Index has outperformed with an 86 percent …
Read More »‘Diverse, vibrant, intellectual’: President Kovind at JNU’s annual convocation
President Ram Nath Kovind addressed the fourth annual convocation of Jawaharlal Nehru University (JNU) on Wednesday via video message and praised the University for producing many eminent personalities. He told students that they had the privilege of being part of one of the most diverse, vibrant and intellectual communities and …
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Read More »Vedanta expresses interest in buying the government’s full stake in BPCL
Vedanta Group confirmed on Wednesday that it had submitted a preliminary expression of interest (EoI) to buy the government’s stake in Bharat Petroleum Corp Ltd (BPCL). Vedanta’s interest in India’s second-largest fuel retailer is due to synergies with its current oil and gas business. The government is selling its entire …
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Read More »Lakshmi Vilas Bank assures depositors that money is safe and ATMs will be operational soon
Lakshmi Vilas Bank was placed under a month-long moratorium on Tuesday and withdrawals were limited to 25,000 rupees. The ATMs and branches of Chennai-based Lakshmi Vilas Bank will soon start operating smoothly to deliver cash, and that is the bank’s first priority, LVB manager TN Manoharan told the media. He …
Read More »Lakshmi Vilas Bank Has Sufficient Liquidity To Pay Depositors – RBI Appointed Trustee
NEW DELHI: Reserve Bank of India (RBI) designated administrator for Lakshmi Vilas Bank Tennessee Manoharan on Wednesday he said the lender has enough liquidity to pay its depositors. The top priority is to assure LVB depositors that their money is safe, Manoharan said, adding that he is confident of the …
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