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Adidas to use only recycled plastic by 2024

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Berlin, July 17: Global sportswear maker Adidas announced that it has committed to using only recycled plastic by 2024.

The pledge to eliminate the use of “virgin” plastic includes polyester. Used in everything from t-shirts to sports bras, the material is popular in sportswear because it dries quickly and weighs little, reports CNN.

Adidas said on Monday that it would stop using virgin plastic in its offices, retail outlets, warehouses and distribution centres, a move that would save an estimated 40 tonnes of plastic per year, starting from 2018.

It also said its apparel line for the spring and summer of 2019 will contain around 4 per cent recycled polyester.

The German company is expecting a sharp increase in sales of its Parley shoes, which are made with plastic waste that has been intercepted before it reaches the ocean.

While still a small share of its global sales, Adidas expects purchases to jump to 5 million pairs this year compared to 1 million in 2017.

Adidas is the latest in a series of global companies that have pledged to reduce plastic use, CNN reported.

Coffee retail giant Starbucks plans to eliminate plastic straws from its stores, and McDonald’s is trialing a similar programme in the UK and Ireland.

Swedish furniture major Ikea is also phasing out single use plastic from its stores and restaurants.

Global use of plastic has increased 20-fold over the past 50 years and is expected to double again in the next 20 years.

The material is cheap and versatile, but governments and consumers are increasingly aware of its huge environmental costs.

Research shows there will be more plastic than fish by weight in the world’s oceans by 2050.

On a global basis, only 14 per cent of plastic is collected for recycling.

IANS

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ICPA seeks ‘one rank one pay’ for AI pilots

According to ICPA, from October 2017, the Air India management had started paying a section of wide-body pilots an ad-hoc amount at par with the new proposal which is yet to be approved by the ministry.

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New Delhi, Oct 17 ; The Indian Commercial Pilots’ Association (ICPA) on Tuesday sought ‘one rank one pay’ for all the pilots of the national passenger carrier Air India.

In a letter to Civil Aviation Minister Suresh Prabhu, ICPA urged the ministry to address the pilots’ pay parity issue which is the legacy of Air India-Indian Airlines merger that took place more than a decade ago.

According to ICPA, from October 2017, the Air India management had started paying a section of wide-body pilots an ad-hoc amount at par with the new proposal which is yet to be approved by the ministry.

The letter alleges that half of the flying allowance paid to wide-body pilots is still being paid in fixed US dollar exchange rate of Rs 45.50, while the present US dollar exchange rate has reached an all time high of Rs 74.

As per the letter, while majority of Air India pilots are paid international layover subsistence allowance on actual international night stops ($200), a section of wide body pilots continue to receive a fixed monthly international layover allowance irrespective of number of international night stops undertaken.

“We fail to understand as to why the top management has turned a blind eye to this issue which is bleeding the national carrier of high value foreign exchange,” the October 16 letter said.

“In spite of being in the know of the US dollars being paid to these pilots at an exchange rate of INR 45.50, the Director (Operations) has taken no initiative to correct the wrong for reasons best known to him,” it said.

IANS

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Sensex opens 140 points up, Nifty at 11,550

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Mumbai, Oct 16: The 30-scrip S&P BSE Sensex on Tuesday opened in the positive territory tracking similar cues from its Asian peers.

Healthy buying was witnessed in auto, healthcare and capital goods counters.

The Sensex of the BSE opened at 35,004.33 points from its previous close at 34,865.10 points on Monday.

At 9.20 a.m., the Sensex traded at 35,006.10 points up by 141 points or 0.40 per cent.

The broader 50-scrip Nifty at National Stock Exchange (NSE) opened at 10,550.15 points after closing at 10,512.50 points.

The Nifty traded at 10,545.00 points during the morning trade session, up 32.50 points and 0.31 per cent.

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NDTV, Airtel launch live channel

This partnership with Airtel allows us to use to dream potential the possibilities of digital and telecom technology.

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New Delhi, Oct 15 : Media firm NDTV on Monday announced its partnership with telecom service provider Bharti Airtel to launch live channel “NDTV HOP”.

The live channel for smartphones comes in portrait (vertical) mode with exclusive content for Airtel TV users.

“NDTV is valued and recognised for creating and launching terrific new content in the online space,” Suparna Singh, Group CEO, NDTV, said in a statement.

“This partnership with Airtel allows us to use to dream potential the possibilities of digital and telecom technology,” Singh added.

NDTV HOP would offer instant access to digital content covering the latest from news, Bollywood, auto, technology, pop-Culture, online deals, fashion and much more.

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