 "Top headlines: Grover takes voluntary leave; ban on int'l flights extended")
Covid: India extends ban on international commercial flights till Feb 28
India's civil aviation regulator, the DGCA, on Wednesday extended the ban on scheduled international commercial flights till February 28, 2022.
At present, India suffers from a third Covid wave, which is said to be driven by the Omicron variant.
In a notification, the DGCA extended the ban on scheduled international commercial flights till February 28, 2022. Read more
DGCA to probe two IndiGo planes' near collision over Bengaluru airport
Two IndiGo planes averted mid-air collision over the Bengaluru airport just after their take-off on the morning of January 9, senior officials of aviation regulator DGCA said on Wednesday.
The incident was not logged in any logbook and it was not reported by the Airports Authority of India (AAI) either, they said. Read more
Cabinet sanctions Rs 973 cr to SBI for ex-gratia payment to borrowers
The government on Wednesday approved sanction of Rs 973.74 crore to State Bank of India (SBI) as reimbursement related to loan moratorium that was implemented in 2020 amid the pandemic.
Briefing media on the Cabinet decision, Information and Broadcasting Minister Anurag Singh Thakur said the Budget had made provision of Rs 5,500 crore for the scheme of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts. Read more
BharatPe co-founder Ashneer Grover takes voluntary leave till March-end
Ashneer Grover, co-founder and MD, BharatPe is going on a voluntray leave of absence till March end. The board of BhartPe has accepted his decision.
"Ashneer Grover has today informed the Board of his decision to take voluntary leave of absence from BharatPe till March end. Ashneer has co-built BharatPe from scratch and his decision is consistent with his passionate commitment to the future success of the company," said the company in a statement. Read more
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%