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Fuel bunks to shut on Sundays in seven states, Puducherry

According to him, in Tamil Nadu and Puducherry, there were 250-300 outlets owned by oil marketing companies which are not members of the association.

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Chennai/Mumbai, April 18 : Petrol bunk dealers in seven states and Puducherry have decided to down their shutters on Sundays from May 14 in a bid to save fuel and foreign exchange, it was announced on Tuesday.

“Prime Minister Narendra Modi has urged people to follow traffic rules and also save petrol and diesel. So we have decided to declare a holiday on Sundays as it will save fuel and foreign exchange,” K.P. Murali, President of the Tamil Nadu Petroleum Dealers Association, told IANS.

Murali said petrol bunks in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Kerala, Haryana and Maharashtra as well as Puducherry will down their shutters on Sundays starting from May 14.

He said there were around 4,850 outlets selling petrol and diesel in Tamil Nadu and Puducherry alone.

“On an average the per day sales of fuel is for around Rs 153 crore. While exact figures are not available on fuel sales on Sundays, it will be around 20 per cent less than what is sold on weekdays,” Murali said.

He said the Sunday-holiday decision will save around 20 per cent fuel burned in the country.

According to him, in Tamil Nadu and Puducherry, there were 250-300 outlets owned by oil marketing companies which are not members of the association.

“We are within our right to declare Sunday a holiday. All these days we have been functioning paying workers double wages,” he said.

He said all the outlets will have one staffer on Sundays who will supply fuel in an emergency.

Murali said the petrol bunks accepted the demonetised 500 and 1,000 rupee notes at the request of the government. “Now we have decided to play a role in saving fuel and foreign exchange.”

In Mumbai, the President of the Federation of All Maharashtra Petrol Dealers Association, Udah Lodh, said the move was in support of various demands with the oil marketing companies and other long-pending issues.

From May 15, he said, the petrol pumps in the seven states and Puducherry will work only on a single day shift — 9 a.m. to 6 p.m.

“We are currently operating on extremely low margins, selling high-tech unleaded petrol-diesel products in which the evaporation rate is very high, resulting in huge losses,” Lodh told IANS.

Additionally, there were areas of concern like a certain amount of minimum salary to be paid to the staffers at each petrol pumps. This has become unaffordable due to the low operating margins, he said.

Lodh said the move would affect around 4,500 petrol pumps in Maharashtra alone, including 225 in Mumbai, where some 100,000 staffers work, mostly in two shifts and some in three shifts.

A weekly holiday plus working on a single shift on other days will help the petrol pumps to drastically reduce their running expenditure, he added.

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India

SpiceJet announces 14 new flights starting July 1

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New Delhi, June 18: Budget passenger carrier SpiceJet on Monday announced 14 new domestic flights and enhanced frequency on some routes effective from July 1.

“Effective July 1 the airline is all set to introduce new direct flights on the Pune-Patna, Chennai-Rajahmundry, Hyderabad-Calicut and Bengaluru-Tuticorin sectors,” SpiceJet said here in a statement.

The airline would also enhance its operations on the Delhi-Patna (second frequency), Bengaluru-Rajahmundry (second frequency) and Mumbai-Bengaluru (fifth frequency) sectors, it said.

The new flights introduced on the Delhi-Patna, Mumbai-Bengaluru, and Chennai-Rajahmundry sectors would be operational daily, the airline said, whereas the frequencies introduced on the Hyderabad-Calicut, Bengaluru-Tuticorin and Bengaluru-Rajahmundry routes would be operational on all days except Tuesdays.

Patna-Pune will be operational on all days except Saturday, it added. SpiceJet further said bookings for the new flights are currently open.

IANS

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India

Money laundering: Enforcement Directorate files charge sheet against Vijay Mallya

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Vijay Mallya

New Delhi, June 18: The Enforcement Directorate on Monday filed a charge sheet against Liquor baron Vijay Mallya in connection with money laundering case. 

The 62-year-old is facing a trial in the UK Court, to rule if he can be extradited to India to face charges for financial irregularities involving a total amount of Rs 9,000 crores, as well as money laundering cases.

Earlier in May, Mallya lost a lawsuit filed in London by a consortium of Indian banks seeking to collect the amount of Rs. 10,000 crore amid allegations that he committed massive fraud.

In its order, the Court had said the consortium of lenders, including IDBI Bank, can impose an Indian court’s decision against Mallya, who was found to have willfully defaulted on $1.4 billion in loan taken by his now-defunct airline Kingfisher, news agency ANI reported.

Judge Andrew Henshaw also refused to overturn a countrywide freeze placed on Mallya’s assets.

The Businessman was nabbed by Scotland Yard on an extradition warrant in April 2017. Presently he is out on bail on a bond worth 650,000 pounds.

Besides this case, the High Court of London on February 12 ordered Mallya to pay an estimated USD 90 million to a Singapore-based carrier leasing firms in claims.

The case involves a number of aircraft leased by Vijay Mallya’s now-defunct Kingfisher Airlines from BOC Aviation in 2014. However, the business denied the allegations levelled against him and claimed they are “politically motivated”.

WeForNews 

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Army chief General Bipin Rawat meets family of martyr Aurangzeb

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Jammu, June 18: Indian Army chief General Bipin Rawat on Monday visited the family of rifleman Aurangzeb who was abducted and killed by militants in Jammu and Kashmir on June 15.

Gen Rawat went to the village of the slain soldier in Mendhar area of Poonch district.

“He spent 45 minutes with the bereaved family, consoling them and lauding the exemplary courage and bravery of the martyred soldier who faced death in the true tradition of a brave soldier,” a Defence Ministry statement said.

“The Army chief assured the family that the killers of Aurangzeb would be brought to justice and the death of the Braveheart would be avenged at all costs.”

Aurangzeb was brutally killed in Pulwama district in the Kashmir Valley.

He was on way to join his family on the occasion of Eid when the militants intercepted the private vehicle in which the soldier was travelling to Shopian town, from where he would take another vehicle for Poonch.

A video released by the militant group that abducted Aurangzeb showed him bravely acknowledged that he was a soldier of the Indian Army and had participated in anti-militancy operations in south Kashmir.

IANS

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