Portrait News

Indian aviation on a two-year pause, says AirAsia India CEO Bhaskaran Speaking in CAPA India webinar on designing a sustainable roadmap for the revival of Indian aviation, Bhaskaran said that while there is no doubt about a strong demand outlook for the Indian market in the long run, the next few quarters are going to be challenging with less number of flights and weak load factors. “All expansions are on hold. We are struggling to keep up to whatever capacity we have. Unfortunately, aviation industry is a contract between a lessor and a lessee, so strongly in favour of lessor...

Sony CEO Opens Up on PlayStation 5 Pricing Strategy Sony is finally opening-up on its next-gen console, PlayStation 5, after having kept mum for most of the year. With a game reveal , we can expect further news to start flowing in. While next week’s showcase is sure to give us something about the console itself, do not expect too much. Sony is bound to continue keeping its cards close to its chest. However, Sony PlayStation’s CEO, Jim Ryan, did touch upon a few elements regarding the console in a sit-down with gamesindustry.biz. The reports, mostly unconfirmed, about PlayStation 5...

BCCI nominates Rohit Sharma for Rajiv Gandhi Khel Ratna Award The Board of Control for Cricket in India (BCCI) has nominated India vice-captain Rohit Sharma for the prestigious Rajiv Gandhi Khel Ratna Award 2020. Meanwhile, the board has also nominated Ishant Sharma, Shikhar Dhawan, and Deepti Sharma for the Arjuna Award. The Government of India’s Ministry of Youth Affairs and Sports had sought invitations for the respective awards with the period of consideration beginning 1st January 2016 to 31st December 2019. Rohit Sharma, Team India’s vice-captain in the white-ball format has been a prolific run-getter. Named the ICC ODI Cricketer...

Roger Federer is the world’s highest-paid athlete for 2020 as the COVID-19 pandemic knocked soccer’s Lionel Messi off top spot, according to the annual Forbes list released on Friday. The Swiss tennis great, owner of a men’s record 20 Grand Slam singles titles, earned $106.3 million in the last 12 months, including $100 million via endorsements, to move up four places and become the rst player from his sport to top the list. Soccer players Cristiano Ronaldo ($105 million), Messi ($104 million) and Neymar ($95.5 million) and American basketball player LeBron James ($88.2 million) rounded out the top five. “The...

Covid-19 Vaccine Could Be Ready By October End, Claims Pharma Major Pfizer’s CEO Global pharmaceutical major Pfizer believes that a vaccine to prevent Covid-19 could be ready by the end of October, the company’s CEO Albert Bourla said. Pfizer is conducting clinical trials in the US and Europe for the BNT162 vaccine programme to prevent Covid-19 in collaboration with German mRNA company BioNTech. Bourla made the comments while participating at a virtual event organised by the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA) this week. “If things go well and the stars are aligned, we will have enough evidence...

Vaccine to prevent Covid-19 will take long time to be ready: Kiran Mazumdar-Shaw A safe Vaccine to prevent COVID-19 could take a very long time to be ready, so there is a need to deal with the pandemic for next few years and invest more in healthcare, Biocon Executive Chairperson Kiran Mazumdar-Shaw said on Saturday. She was speaking in a webinar on ‘Pharma and Healthcare’s New Normal: Engaging With Customers in Uncertain Times; Business Model Post-COVID-19’, organised by CorpGini. “…We believe that it will take a very long time before you can actually have a safe vaccine that can be accessible to...

Omi Vaidya on life in lockdown in Washington DC: This country is run by capitalism, people in power more focused on money than lives Actor Omi Vaidya’s opening statement, talking to us from Washington, DC where he lives, is “I am okay. We are all alive!” Describing the situation there in the current Covid-19 pandemic, he says it’s not great. “It’s not a lockdown like in India, which it should be. It’s starting to open up here, because this country is run by capitalism, so people in power are a little bit more focused on making money, than lives sometimes....

Ajit Jogi, the original rebel, passes away at 74 NEW DELHI : Ajit Jogi – the first chief minister of Chhattisgarh, one of the most prominent leaders in the state and remembered for his rebellious public life – passed away at the age of 74 on Friday after prolonged illness in Raipur. He was one of the most prominent political leaders of the state who rebelled against Congress’ top leadership to form his own regional political outfit. Jogi began his political journey nearly 35 years ago when he joined the Congress party after quitting his job as Indian Administrative Service (IAS)...

Bejan Daruwalla, famous astrologer, dies at 89 Famous astrologer Bejan Daruwalla died at a private hospital in Ahmedabad on Friday evening, his family said. He was 89. His son Nastur Daruwalla, speaking to PTI, denied the speculation on social media that his father had contracted coronavirus. Daruwalla was suffering from only pneumonia, he said. The Apollo Hospital in the city confirmed that Daruwalla died during treatment, reported PTI. “Saddened by the demise of renowned Astrologer Shri Bejan Daruwalla. I pray for the departed soul. My condolences. Om Shanti….,” tweeted Gujarat chief minister Vijay Rupani. Source: Hindustan Times

Former Malaysian PM Mahathir and supporters removed from ruling party The former Malaysian prime minister Mahathir Mohamad and his son Mukhriz were removed from the ruling party on Thursday for apparently going against party constitution and insisting to sit with the opposition in the May 18 Parliament session instead of supporting the party led by Prime Minister Muhyiddin Yassin, reported Reuters. Mahathir, 94, had said he would seek to oust Muhyiddin from office for making a “backdoor arrangement” that brought back into power a graft-tainted party rejected by voters in an election in 2018. In a letter circulated widely on...