Coronavirus: Evening update

Coronavirus: Evening update

Here are five things you need to know about the coronavirus outbreak this Wednesday evening. We’ll have another update for you on Thursday morning. 1. Chancellor cuts VAT on hospitality to ‘save jobs’ Rishi Sunak is to cut VAT on hospitality as part of a £30bn plan to save jobs and limit the economic impact … Read more

IRB Infra raises Rs 150 crore via NCDs

IRB Infra raises Rs 150 crore via NCDs

New Delhi: IRB Infrastructure Developers on Wednesday said it has raised Rs 150 crore through allotment of NCDs on a private placement basis. “This is to inform you that the management administration and share transfer committee of the board of directors of the company…has allotted 9.55 per cent secured, redeemable, listed, rated non-convertible debentures (NCDs) … Read more

IndiGo may report Rs 2,670 crore loss for June quarter, SpiceJet losses likely to be at Rs 1,000 crore: Report

IndiGo may report Rs 2,670 crore loss for June quarter, SpiceJet losses likely to be at Rs 1,000 crore: Report

Mumbai: Budget carrier IndiGo is expected to report a loss of Rs 2,670 crore for the June 2020 quarter, while its rival SpiceJet‘s losses during the quarter are likely to be at around Rs 1,000 crore, owing to operational disruptions and low fixed cost coverage, a report said on Wednesday. Regular operations of the domestic … Read more

Crane collapses in east London; four feared injured

Crane collapses in east London; four feared injured

A 20-metre crane collapsed onto a house in east London on Wednesday leaving people trapped inside, the London Fire Brigade said. (Representational Image: Reuters) A 20-metre crane collapsed onto a block of flats in the Bow area of east London on Wednesday, leaving residents trapped inside. While there is no official confirmation, four people are … Read more

Street shooting leaves 4 dead, 3 wounded in New Jersey

Street shooting leaves 4 dead, 3 wounded in New Jersey

A street shooting in a northern New Jersey community has left four people dead and three others wounded, authorities said. Four victims found at the scene were taken to a hospital. (Representational Image: Reuters) A street shooting in a northern New Jersey community has left four people dead and three others wounded, authorities said. The … Read more

Scrabble community mulls banning slurs

Scrabble community mulls banning slurs

Image caption A vote will take place on Thursday to determine whether offensive words will be banned Leaders of the Scrabble tournament community in North America are voting on whether to ban the use of racial and homophobic slurs. The vote will decide whether the words will be removed from the North American Scrabble Players … Read more

British High Commissioner presents credentials; says India-UK will act together as force for good

British High Commissioner presents credentials; says India-UK will act together as force for good

The UK is committed to work closely with India to keep the two countries secure and act together as a force for good in the world, the new British High Commissioner here said on Wednesday. Philip Barton, who was previously posted in the country in the 1990s and had named his daughter ‘India’, presented his … Read more

180 suspected victims of extrajudicial killings found in Burkina Faso graves, rights group says

180 suspected victims of extrajudicial killings found in Burkina Faso graves, rights group says

A majority of the bodies were found dumped along highways, under bridges, and in fields outside Djibo town. A few were discovered in the town between November and June, the rights group said, citing interviews with residents. Residents told HRW that those buried between March and April were found blindfolded and had been shot. HRW … Read more