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Rockhampton Regional Council credit review results revealed

Premium Content Subscriber only Rockhampton Regional Council was recently subject to a credit review and received a good outcome, with a moderate rating and a neutral outlook. The credit review was undertaken by the Queensland Treasury Corporation (QTC) and was based on information up to November 30, 2020. The credit review evaluated council’s current financial policy, ongoing financial viability, borrowing capacity for individual projects and overall businesses, debt funding requirements and financial targets and strategies to achieve those targets. Council’s borrowings are forecast at $55m for the current year. The credit review stated council had “stable financial performance, adequate debt serviceability and expected improvement in leverage metrics over the 10 year forecast period”.

Final phase of trial for contactless bus ticketing system to begin in Delhi from Monday

Source: Highlights The final phase of the trial of the contactless ticketing system will begin in the around 3,000 cluster buses run by the DIMTS The trial of the app is already underway in all 3,760 buses operated by DTC Four lakh tickets have been booked using the app so far New Delhi: The final phase of the trial of the contactless ticketing system will begin in the around 3,000 cluster buses run by the Delhi Integrated Multi-Modal Transit System (DIMTS) through the Chartr app from Monday (March 1), a transport department statement said. The trial of the app is already underway in all 3,760 buses operated by the Delhi Transport Corporation (DTC), it said. Approximately, four lakh tickets have been booked using the app so far. The pink tickets for women passengers, who travel free of cost in public transport buses, comprise 67 per cent of the total tickets booked through the app, it said.

Ikdeep Singh Mars head of petcare comes from Procter & Gamble

Ikdeep Singh started as Mars s president of petcare in North America last month. He manages pet food brands like Iams and Cesar, which give Mars a lead in the pet food space. Mars is trying to do offer more fresh pet foods as it competes with direct-to-consumer upstarts. Ikdeep Singh doesn t have a ton of experience with pets, but he does know or a thing or two about babies. Before becoming the president of Mars s petcare division in North America last month, one of his previous jobs was working with Procter & Gamble s baby care brands, including diaper brands Luvs and Pampers. Now, he s catering to a new kind of parent: Pet owners, especially newly minted dog and cat lovers who adopted animals during the pandemic.

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