Coronavirus | Demand for air ambulances soars as virus exposes crumbling healthcare
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Updated:
May 11, 2021 23:07 IST
Despite high costs, requests for airlifting COVID patients from ill-equipped northern States to southern medical hubs has multiplied manifold
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Aggregators and charter plane operators say the demand for air transportation of patients has increased ten-fold.
| Photo Credit: Special Arrangement
Despite high costs, requests for airlifting COVID patients from ill-equipped northern States to southern medical hubs has multiplied manifold
Last week, a Beechcraft King Air C 90 air ambulance from Bagdogra lost its right wheel while taking off from Nagpur after refuelling. The aircraft was carrying a COVID-19 patient for treatment in Mumbai. The pilot was alerted but he kept flying to burn fuel before coming in to land. After hovering over Mumbai, he finally made a belly-landing without any casualties.
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CarTrade, an online auto classifieds platform, is looking at a valuation of $1.5 billion in the IPO and will look at listing later in the year, depending on market conditions.
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CarTrade recently changed its status from a private company to a public one, a prelude to an IPO, company filings sourced by Tofler showed. (Photo: Reuters)
Mumbai: Online auto classifieds platform CarTrade has begun preparations for filing the draft prospectus for its initial public offering (IPO) to raise around Rs 2,000 crore, three people directly involved in the process said.
It has appointed the investment banking arms of Axis Bank, Citigroup, Nomura and Kotak Mahindra Bank to manage the issue, the people said. The Warburg Pincus and Temasek-backed company helps people buy both new as well as used cars.
People wait to refill medical oxygen cylinders for Covid-19 coronavirus patients at a private refill centre in New Delhi on May 7, 2021. - AFP
NEW DELHI (The Straits Times/ANN): In a country home to the world s third-highest number of billionaires, questions have mounted over the lack of contribution from its uber rich to support India s fight against a crippling second wave of the Covid-19 pandemic.
Unlike in the first wave, when several among India s super rich contributed generously, their role during the ongoing second wave has mostly been symbolic or focused on measures such as boosting oxygen supply.
Reliance Industries Limited (RIL), owned by India s richest businessman Mukesh Ambani, donated five billion rupees (S$90.4 million) to the PM CARES Fund last year in March. This time, it has focused its efforts on setting up Covid-19-care facilities and boosting oxygen availability.
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NEW DELHI: At a time when thousands of Indians are struggling to pay hospital bills, buy medicines, and even afford cremations for their family members who have lost
their lives to COVID-19, most of the country’s much-celebrated billionaires are either missing in action or contributing in a way that can be called symbolic, at best, foreign media reported on Monday.
On May 2, India registered over 392,488 new cases of Covid-19, a 29th consecutive day of more than 100,000 daily new cases. In April alone, the country has seen around 50,000 deaths due to the disease. Yet, most of the ultrarich have so far not stepped up to help out the needy not publicly, at least.
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May 4, 2021
NEW DELHI: At a time when thousands of Indians are struggling to pay hospital bills, buy medicines, and even afford cremations for their family members who have lost their lives to COVID-19, most of the country’s much-celebrated billionaires are either missing in action or contributing in a way that can be called symbolic, at best, foreign media reported on Monday.
On May 2, India registered over 392,488 new cases of Covid-19, a 29th consecutive day of more than 100,000 daily new cases. In April alone, the country has seen around 50,000 deaths due to the disease.
Yet, most of the ultrarich have so far not stepped up to help out the needy not publicly, at least. The few who have contributed to the cause have done so through the corporate social responsibility (CSR) pools of their companies, and not their own pockets. Indian laws mandate large companies to spend 2% of their average net profits for the preceding three years on CSR activities. For context, wi