Prime headlines: Cupboard nod to IDBI Financial institution’s disinvestment; Covid curbs in WB


Govt, LIC to promote stakes in Financial institution

The Cupboard Committee on Financial Affairs (CCEA) has accredited strategic disinvestment together with switch of administration management in Financial institution, paving the way in which for each the federal government, and Life Insurance coverage Company of India (LIC) to cut back their shareholding within the lender. Read here

Native trains suspended in Bengal, Mamata pronounces curbs

In an effort to regulate the raging pandemic within the state, the West Bengal authorities introduced to droop motion of all native trains until additional discover and made Covid damaging report necessary for the passengers coming both by flight or by trains from different states from Could 7 midnight. The state authorities additionally made a sequence of bulletins to regulate the motion of individuals.

Hours after taking the duty of the state for the third time in a row, chief minister stated, “All native trains to be suspended from tomorrow until additional discover and solely 50 per cent of the state transport will ply on roads following the rise of Covid circumstances within the state. A lot of outsiders had come to state within the final three months and now we should management it”. Read here

Adani Enterprises This fall internet revenue up 282%

Adani Enterprises on Wednesday reported 282.2 per cent rise in consolidated internet revenue at Rs 233.95 crore for the quarter ended March 31, 2021. The corporate had posted a consolidated internet revenue attributable to the house owners of the corporate of Rs 61.21 crore within the year-ago interval, Adani Enterprises Ltd (AEL) stated in a submitting to BSE. Read here

SC stays Delhi HC order on contempt proceedings towards Centre’s officers

The Supreme Courtroom Wednesday stayed contempt proceedings initiated by Delhi Excessive Courtroom towards central authorities officers for non-compliance of the course to produce 700 MT of medical grade oxygen for COVID-19 sufferers within the nationwide capital.

The keep, nonetheless, won’t restrain the excessive court docket from monitoring the COVID-19 administration associated points, a bench of Justices D Y Chandrachud and M R Shah stated. Read here

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