New CEO of Air India Express takes charge
Kochi:The new Chief Executive Officer of Air India Express Aloke Singh took charge on Monday at the airlines corporate headquarters here. He brings three decades of diverse experience in air transport and travel with leadership roles in Air India, Alliance Air and a Gulf-based national carrier, a press release said. Before taking on the current assignment at Air India Express, he was associated with an aviation advisory and consulting firm in New Delhi.He also co-founded a travel venture as an entrepreneur.Singh holds an MBA from the Birla Institute of Technology, Ranchi, and has attended the London School of Economics on a Chevening Fellowship. In his first communication to Air India Express employees, Singh said he was privileged to be a part of an iconic institution and a great team. Though it was a challenging time for the industry and the airline, he felt confident that the organisation had the resilience and capacity to overcome the crisis.He also acknowledged the contribution of former CEO K Shyam Sundar in laying a strong foundation for the airlines future growth.
METRO TO RUN 25% MORE SERVICES
Kolkata:Metro Railway has decided to run 25% additional services on weekdays i.e. from Monday to Saturday. 190 services (95 UP + 95 DN) will be run instead of 152 services on the North South Corridor from 08.00 hrs to 22.00 hrs. During the morning and evening peak hours, services will be available at an interval of 7 minutes. The first service from Dum Dum and Kavi Subhash will begin 08.00 hrs. The first service from Noapara will start at 08.09 hrs. The last service from Kavi Subhash and Dum Dum will start at 21.00 hrs and from Noapara at 20.55 hrs. For senior citizens, no e-pass will be required. Sunday service will remain unchanged. There will be no change in East-West Metro services.
NFL maintained production & supply of urea in Punjab
NFL maintained sustained production & supply of urea in Punjab
National Fertilizers Limited (NFL), a Government of India Undertaking, under administrative control of Ministry of Chemicals and Fertilizers, with its timely efforts not only continued urea production in its plants in Punjab, but also supplied fertilizers to farmers even during ongoing “Rail Roko” stir in Punjab. The company produces around 10 Lakh MT urea (5200 MT/day) in its both Bathinda and Nangal plants in Punjab. NFL’s production operations were initially impacted due to non-supply of Coal, which is used for steam generation in plants during production of urea. Both the plants require around 2,000 MT of Coal everyday and the supply of the same remained struck in state since 1st October after the halt of rail movement. With every passing day, the coal stocks were depleting in plants.
GDA HQ to be built soon in Madhuban Bapudham Yojana
Ghaziabad: GDA headquarters will be made under Madhuban Bapudham Yojana. The new headquarters will be developed on about 5 acres of land. Tenders have been invited for the construction of the headquarters. This information was given by GDA Vice President mrs.Kanchan Verma here this evening. SHe informed that the buildup area of ??the new GDA headquarters would fit around 2 lakh square feet. She said that the headquarters of the GDA will be 8 storey. The special thing is that this building of the Authority headquarters will be developed on the lines of the green building, in which provision of the session area, special seating arrangement for visitors, parking, refreshments etc. has gone. With a view to make the functioning of the authority systematic and effective, the residences of officers and employees will also be developed near the authority headquarters.
RBI lifts restrictions on Equitas Small Finance Bank
Mumbai:Equitas Small Finance Bank on Monday said that the Reserve Bank of India (RBI) has lifted the restrictions imposed on the bank, including on opening of new branches. The Central bank had also directed a freeze on the remuneration of the MD and CEO of the bank at the level that existed on September 6, 2019, which has now been withdrawn. The restrictions were removed after Equitas Small Finance Bank got listed on exchanges earlier in the month. “We accede to your request for lifting the following regulatory restrictions imposed on Equitas Small Finance Bank Limited (ESFB) vide our letter dated September 6, 2019,” RBI said in its communication to ESFB. Shares of the bank on the BSE were at Rs 32.70, lower by 0.61 per cent from its previous close.