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Top headlines: Covishield at Rs 400; Covid shaves off a 5th of ONGC capex

Top headlines: Covishield at Rs 400; Covid shaves off a 5th of ONGC capex
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Merger of TV18 Broadcast, Hathway, Den Networks into Network18 called off

A year after announcing the merger of Den Networks, TV18 Broadcast, and Hathway Cable & Datacom into Network18 Media, Mukesh Ambani-led Reliance Industries (RIL) called off the transaction. Den Networks, a cable distribution company owned by RIL, said on Wednesday that it had decided against proceeding with the composite scheme of arrangement in which it was to merge into Network18 along with its sister concerns. “Considering that more than a year has passed from the time the board considered the scheme, it has decided to not proceed with the arrangement envisaged in the scheme,” Den said in a statement to the stock exchanges.

Indian Railways Gives Go-Ahead To Permission From Maharashtra For Supply Of Liquid Medical Oxygen

Indian Railway s Roll-On-Roll-Off service carrying trucks (@rajtoday/Twitter) Indian Railways has approved the proposal of Maharashtra Principal Secretary to transport liquid medical oxygen in cryogenic tankers via its roll-on-roll-off initiative throughout the country. The national transporter revealed that five hours of free time will be allotted at the point of loading and unloading whereas the customers will have to be in-charge of securing trucks through locks or lashing. Moreover, the Ministry of Railways mentioned that the rules rolled out in Red Tariff No. 20 for the purpose of moving liquid oxygen will have to be adhered to. The consignors will have to carry out the required precautionary measures for safely transporting liquid oxygen. Additionally, only two members including the concerned driver will be permitted in every truck and they would have to buy an ordinary second class ticket for the journey,

Future Group shares slump after Delhi HC puts Future-Reliance deal on hold

Future Group shares slump after Delhi HC puts Future-Reliance deal on hold
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Future group stocks slip as Delhi High Court puts RIL deal on hold

Future group stocks slip as Delhi High Court puts RIL deal on hold
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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