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VVIP chopper scam case: Christian Michel's family pleads for UK government intervention


VVIP chopper scam case: Christian Michel s family pleads for UK government intervention
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Last Updated: Jun 04, 2021, 12:49 AM IST
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Synopsis
Alaric and Alois Michel, the sons of the British middleman who was extradited to India from the UAE over a controversial helicopter deal, said they were increasingly concerned for their father s well-being amid the ongoing COVID-19 pandemic in the country s prisons and his medical condition involving kidney stones.
PTI
The family of Christian Michel, based in the UK and France, on Thursday expressed concern for his well-being amid the ongoing COVID-19 pandemic in India and urged the British government to intervene on behalf of the VVIP chopper scam accused being held in Tihar Jail in New Delhi. ....

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Bicycle demand growth pedalling to decadal high of 20 pc: Crisil

Mumbai (Maharashtra) [India], May 29 (ANI): India's bicycle industry is pedalling to a decadal-high demand growth of 20 per cent this fiscal with sales likely to touch 1.45 crore units compared with 1.2 crore units last fiscal, according to Crisil Ratings. ....

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Honda to Impose One-Week Production Halt at 'Most' North American Plants Due to Semiconductor Crisis


Honda to Impose One-Week Production Halt at Most North American Plants Due to Semiconductor Crisis
Sputnik International
https://sputniknews.com/business/202103171082369538-honda-to-impose-one-week-production-halt-at-most-north-american-plants-due-to-semiconductor-crisis/
Numerous industries have been battling an ongoing chip shortage in global markets sparked by a contentious trade war between the world s largest economies and the COVID-19 pandemic.
Japanese carmaker Honda Motors will begin suspending production for a week at its plants in the United States and Canada over a shortage of components, the company announced on Tuesday as quoted by AFP.
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REUTERS / JONATHAN ERNST
Joe Biden Signs Order to Avoid US Chip Crisis But What Caused the Global Semiconductor Shortage?Honda was faced with “a number of supply chain issues related to the impact from COVID-19, congestion at various ports, the microchip ....

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EU Must Retain 'Solidarity' Over Russian, Chinese COVID-19 Jabs, French Minister Says Amid Shortages


EU Must Retain Solidarity Over Russian, Chinese COVID-19 Jabs, French Minister Says Amid Shortages
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RIA Novosti . Russian Direct Investment Fund (RDIF)
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Sputnik International
https://sputniknews.com/europe/202103051082263179-eu-must-retain-solidarity-over-russian-chinese-covid-19-jabs-french-minister-says-amid-shortages/
The comments come after several EU member-states picked the Russian and Chinese jabs for their national vaccine rollouts and as US and Anglo-Swedish firms failed to provide sufficient jabs for Europe s vaccine programmes, sparking rows with Brussels.
Solidarity in the European Union would be impacted if nations chose China s Sinovac or Russia s Sputnik V COVID-19 vaccines, French Secretary of State for European affairs Clement Beaune told RTL radio on Friday. ....

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Crisil revises outlook on Canara Bank's debt instruments to stable


Crisil revises outlook on Canara Bank s debt instruments to stable
ANI |
Updated: Mar 05, 2021 17:29 IST
Bengaluru (Karnataka) [India], March 5 (ANI): Crisil has revised its outlook on long-term debt instruments of Canara Bank to stable from negative while reaffirming the ratings at AAA and AA.
The rating on certificate of deposits has been reaffirmed at A1-plus. Crisil had assigned a negative outlook to long-term debt instruments of the bank on August 29 last year following resolution of watch with developing implications.
The negative outlook was assigned to reflect potential stress the bank s asset quality and consequently profitability could witness on account of challenging macro-environment. The revision in outlook to stable factors in better-than-expected performance during the ongoing Covid-19 pandemic. ....

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