Mumbai, Dec 22 (PTI) Private carrier Jet Airways hasannounced a New Year sale scheme, offering 10 per centdiscount on base fares in the Economy and up to 15 per cent onBusiness class tickets in the domestic sector.
The bookings for the 11-day fare sale can be madebetween December 23 and January 2, and travel period beginsfrom January 15, 2018, Jet Airways said in a statement today.
The discount offer is applicable on 44 domesticnetwork, the airline said, adding a one-way economy ticketstarting from Rs 1,001.
********************Steel demand seen falling below targetSteel demand is expected to be 6-6.5 per cent thisfiscal, lower than the target of 7 per cent, the Steel UsersFederation of India has said.
Despite an expected shortfall in the demand, estimatedgrowth will be quite "good," the industry lobby's presidentNikunj Turakhia.
The Steel Policy has set a consumption target of 160kg per capita by 2030.
"Though the target is to have 7 per cent growth insteel demand, the fiscal is expected to clock 6-6.5 per centby March 2018. But even then it will be very good," he said.
He said auto and infrastructure sectors are likely to boostthe demand, adding, "the issues of Bhushan Steel and EssarSteel, which are under NCLT, are likely to be resolved in thenext two months, which will in turn lead higher capacityutilisation and production."********************Bajaj Allianz Gen lowers car premiaBajaj Allianz General Insurance will lower premiumrates in the range of 5-15 per cent in the private car segmentboth for existing as well as new customers from January.
With this step the company aims to encourage more people tobuy insurance, the company said in a release.
"This New Year, we are taking one more step in thisdirection by re-looking at our prices and lowering premiumrates in private car segment, which will create value formoney for our customers," Bajaj Allianz General managingdirector Tapan Singhel said.
The company through this move hope to encourage morepeople to cover their risk, thereby improving penetration ofinsurance in the country, he added.
******************Oriano Solar commissions 40-mw projects in K'takaMumbai-based solar energy EPC firm, Oriano Solar hascommissioned two photovoltaic power projects of a total 40-mwin Karnataka for First Solar.
The expected plant performance ratio is around 81 percent, thereby giving better energy yield, Oriano Solar co-founder Yeshwant Rao said in a statement today.
Oriano has executed 125 mw projects so far and isworking on advance-stage pipeline of over 200 mw in the nextfinancial year.
***************ICICI Bank offers paperless NPS enrollmentPrivate sector lender ICICI Bank has launched afacility for enrolling for National Pension Scheme in apaperless form.
The bank has worked with the Pension Fund Regulatoryand Development Authority (PFRDA) and NSDL e-governance forintroducing the facility, the banks said in a statement.
"We believe this will offer significant convenience to the citizens as they would not have to visit their bankbranch for completing the formalities," PFRDA executivedirector AG Das was quoted as saying.
***************Hotstar partners with Awesomeness for contentStar India's streaming platform Hotstar has partneredwith American media and entertainment firm Awesomeness forcontent catering the younger audiences.
The partnership supports Hotstar's ongoing strategy tobring the best of global content. The two firms will worktogether to create added appeal for younger audiences throughAwesomeness' premium programming, it said in a statement. PTIIAS PSK DS AA BENBEN.
This is unedited, unformatted feed from the Press Trust of India wire.