Petrol, diesel price hiked again; petrol price nears ₹99 in Mumbai
Updated:
Updated:
May 16, 2021 11:59 IST
A litre of petrol in Mumbai now comes for ₹98.88 and diesel is priced at ₹90.40 per litre
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In nine increases, petrol price has risen by ₹2.19 per litre and diesel by ₹2.49. File
| Photo Credit: K.R. Deepak
A litre of petrol in Mumbai now comes for ₹98.88 and diesel is priced at ₹90.40 per litre Petrol price on May 16 was increased by 24 paise per litre and diesel by 27 paise, pushing rates across the country to record highs and that of petrol in Mumbai to near ₹99 a litre.
District officials flag off the bike ambulance service in Deoghar on Saturday
RANCHI: In a first, Deoghar district administration on Saturday rolled out five bike ambulances to wheel-in medical help or ferry Covid-19 patients to hospitals from hard-to-reach areas where normal ambulances cannot visit. Deputy commissioner Manjunath Bhajantri along with SP Anjani Kumar Sinha jointly flagged off the new facility from the district collectorate building.
Bhajantri said the ambulances will be used in rural and urban areas in the temple town as per requirement. “Extending medical help in minimum time is an important aspect of Covid management at a time when the second wave is killing more people. Hence, we thought of this idea to address the geographical challenges of a few areas and also address issues of ambulance shortage,” he said.
GoAir files DRHP for Rs 3,600-cr a day after rebranding itself
GoAir
GoAir, the low-cost airline has filed for the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to Rs 3,600 crore.
A DRHP or offer document is the preliminary registration document prepared by merchant bankers for prospective IPO-making companies in the case of book building issues.
Wadia Group-owned GoAir files for Rs 3,600 cr IPO with SEBI
The airline proposes an Initial Public Offer (IPO) of equity shares through the 100 percent book building process in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. The Company will offer fresh equity shares aggregating up to Rs 3,600 crore, according to a press release.
Go Airlines record net loss of ₹470 crore in first nine months of FY2021
May 14, 2021
Files DRHP to raise ₹3,600 crore even as business gets hammered by Covid-19
Go Airlines Ltd has recorded a net loss of ₹ 470 crore in the nine months ended December 31, 2020 as the aviation industry faces significant business challenges as a result of the Covid-19 pandemic s effects.
“For the month of December 2020, our departures were at approximately 63 per cent of the departures during December 2019 and our growth ASKs were at approximately 72 per cent of the pre-Covid-19 levels.This has led to a sudden and significant decline in our revenues and profitability from late February 2020 and as a result, we recorded a net loss of ₹4,706.9 million in the nine months ended December 31, 2020,” the company said in its DRHP filing to raise ₹3,600 crore through an initial public offering. The airline plans to use ₹2,015 crore for prepayment or scheduled repayment of all or a portion of