FMCG major Nestle India
Ltd on Tuesday reported a 14.62 per cent rise in its net profit to Rs 602.25 crore for the quarter ended in March 2021 driven by increase in sales volume of its key products. The company, which follows January-December financial year, had posted a profit of Rs 525.43 crore in the same period a year ago. Its net sales were up 8.9 per cent to Rs 3,600.20 crore during the period under review as against Rs 3,305.78 crore in the corresponding period last fiscal, the company said in a BSE filing.
Indian aviation regulator DGCA on Tuesday allowed foreign-registered Boeing 737 Max aircraft, which were grounded in the country since the March 2019 fatal crash of such a plane in Ethiopia, to overfly India after taking the agency's permission.
Moreover, foreign lessors are allowed to fly their grounded 737 Max aircraft out of India after taking the regulator's permission, the Directorate General of Civil Aviation (DGCA) order said.
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