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Bharti Airtel raises $1.25 bn through issue of dual tranche $ bond offering

Bharti Airtel raises $1.25 bn through issue of dual tranche $ bond offering

Bharti Airtel has successfully priced its debt fund raising of $1.25 billion through the issuance of its first ever dual-tranche $ bond offering spread across senior and perpetual issuance. This is the largest issuance by any Indian Investment Grade issuer since January 2019.

Airtel has priced $750 million of senior 10.25-year bonds at a yield after adding 187.5 basis points (bps) over the US Treasury, for an implied coupon of 3.25 per cent.

LPG prices again hiked by Rs 25, third time in February

LPG prices again hiked by Rs 25, third time in February

For the third time in this month, the price of LPG gas cylinder has been hiked. The Indian Oil Corporation Ltd (IOCL) on Thursday increased the price of 14.2kg LPG cylinder by Rs 25.

Earlier, the prices were increased on February 4 and February 14.

In December, the price of LPG cylinder was increased twice. On December 1, its rate was increased from Rs 594 to Rs 644 and then on December 15, its price was again increased to Rs 694.

FDA says single-dose shot from J&J vaccine prevents severe Covid-19

FDA says single-dose shot from J&J vaccine prevents severe Covid-19

Johnson & Johnson's single-dose vaccine offers strong protection against severe COVID-19, according to an analysis released by US regulators that sets the stage for a final decision on a new and easier-to-use shot to help tame the pandemic.

The long-anticipated shot could offer the nation a third vaccine option and help speed vaccinations by requiring just one dose instead of two.

Covid-19 in Delhi: 200 new cases, highest daily count in February

Covid-19 in Delhi: 200 new cases, highest daily count in February

Delhi recorded 200 fresh COVID-19 cases on Wednesday, the highest number of single-day incidences in February, even as the positivity rate rose to 0.36 per cent, as per data shared by officials.

Two new deaths were also registered due to COVID-19, pushing the toll to 10,905.

Ashok Leyland to acquire Nissan International's 38% stake in Hinduja Tech

Ashok Leyland to acquire Nissan International's 38% stake in Hinduja Tech

Ashok Leyland has entered into a share purchase agreement with Nissan International Holding BV to acquire the latter's 38 per cent stake in Hinduja Tech Limited (HTL) for Rs 70.20 crore.

The commercial vehicle major on Thursday informed BSE that it has entered into a share purchase agreement with Nissan International Holding BV to acquire 58,500,000 shares for a total consideration of Rs.70,20,00,000/- constituting 38% in the paid-up share capital of Hinduja Tech Limited (HTL).

Delhi's air quality slides to 'very poor' category, AQI registered at 303

Delhi's air quality slides to 'very poor' category, AQI registered at 303

The air quality in the national capital once again went down to the very poor category on Thursday with the overall Air Quality Index (AQI) registered at 303.

According to the System of Air Quality and Weather Forecasting And Research (SAFAR), at 6 am, the concentrations of the particulate matter (PM) with a diameter of 10 and 2.5 microns stood at 277 in poor category and 124 in very poor category) respectively.

Australia passes law that will make Google, Facebook pay for news

Australia passes law that will make Google, Facebook pay for news

Australia's laws forcing Google and Facebook to pay for news are ready to take effect, though the laws' architect said it will take time for the digital giants to strike media deals.

The Parliament on Thursday passed amendments to the so-called News Media Bargaining Code agreed between Treasurer Josh Frydenberg and Facebook chief executive Mark Zuckerberg on Tuesday.

Rs 1.15 trn transferred to 107.5 mn farmers under PM-Kisan: Tomar

Rs 1.15 trn transferred to 107.5 mn farmers under PM-Kisan: Tomar

The Centre on Wednesday said it has transferred over Rs 1.15 lakh crore directly to bank accounts of more than 10.75 crore farmers under the PM-KISAN scheme and asked states to ensure that all eligible beneficiaries are covered in this flagship programme.

Addressing a function on the occasion of the second anniversary of the PM-KISAN, Union Agriculture Minister Narendra Singh Tomar said the government has enhanced the income of farmers by providing Rs 6,000 annually to farmers under this scheme in three equal instalments.

Now upload documents for passport using this mobile app, here's how

Now upload documents for passport using this mobile app, here's how

Getting a passport once used to be a tedious task. You needed to gather all your documents like driving license, voter ID card, PAN verification record, issuance of branch license, birth certificate, caste certificate, ration card, pension certificate, insurance policy certificate have to the Passport Seva Kendra and submit them. However, those steps will be a thing of past with the 'Made in India' app DigiLocker.

DigiLocker has eliminated the difficulty of carrying an original document to get a passport and you can also apply for your passport sitting at home.

Boost to domestic manufacturing of laptops, PCs as govt approves PLI scheme worth Rs 7,350 crore

Boost to domestic manufacturing of laptops, PCs as govt approves PLI scheme worth Rs 7,350 crore

In a major boost to India's manufacturing centre, the government has approved a Rs 7,350 crore Production Linked Incentive (PLI) scheme to promote the manufacturing of laptops, tablets, all-in-one PCs and servers in the country. Through this scheme, the government intends to attract global companies in the domestic manufacturing sector. The PLI scheme will help in promoting the electronics ecosystem in the country.

At present, there is a major change in the field of global manufacturing in wake of the coronavirus pandemic. The personal computer market in the country is growing rapidly due to work from home and studies from home.

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