Air India on block but Boeing 747’s VVIP duty continues
The government is in the process of selling its entire stake in Air India but will be holding on to Alliance Air, which otherwise operates 70-seater ATR aircraft on regional routes. Air India has five 747s, acquired during 1993-96, one of which is grounded and can’t fly anymore. With one being sent to Alliance Air, Air India will be sold with three 747s.
Imerys to buy CK Birla co’s thermal insulation business
French multinational company Imerys Group has agreed to buy thermal insulation busine...
Sebi exonerates 9 former, current NSE officials in co-location case
In 2015, Sebi had received complaints alleging various irregularities in ...
iQuippo digitises co-lending programmes of banks & NBFCs
The platform not only offers its customers an option to choose offers from different financial institutions; it also negotiates with them online on behalf of the financial institutions and customises offers according to their financing needs.
Indian Army conducts biggest airborne exercise ‘Winged Raider’ with over 500 Special Forces troops
The multidimensional exercise was preceded by a series of intense preparation involving the movement of special forces and rallying up of transport aircraft of the Indian Air Force starting from January 6, the Army said in a statement.
Flamingos, humans can co-exist: Uddhav Thackeray on Trans Harbour Link
Speaking after launching the first of the over 10,000 girder segments of the MTHL here, Thackeray indicated that the project, which connects Mumbai to adjoining Raigad district, won't be detrimental to the migratory birds flying to Mumbai's balmy shores in search of warmer climes.
Air India cost saving plans to add over Rs 700 crore per annum, as govt readies plan to divest stake
While one initiative of moving to one ticket booking software for domestic flight bookings would save about Rs 519 crore in 2020, the other initiative of putting a bigger aircraft on Delhi-London route and smaller Dreamliner on Delhi-Washington route would add about Rs 100 crore to airline’s bottom line.
A breakdown for Boeing and the FAA after years of trust
FAA chief Steve Dickson -- a former Delta Air Lines employee who in August took over the reins at the world's most influential aviation regulator -- had announced the day before that Boeing's 737 MAX would not return to the skies before 2020.
Vistara starts phasing out nine Boeing 737
The government has temporarily reallocated as many as many as 488 Jet Airways' slots to Air India, IndiGo, SpiceJet, Vistara, GoAir and AirAsia India to fill the capacity gap in the wake of the airline ceasing operations mid-April last year. A slot is a specific date and time at which an airline can arrive or depart at an airport.
New Boeing chief executive takes over with 737 MAX crisis unresolved
Boeing Co's new Chief Executive David Calhoun assumes the job Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model's worldwide grounding in March.
Chinook, Apache to take part in Republic-Day flypast; IAF tableau to showcase Rafale, Tejas
During the Republic Day parade, the IAF will also showcase its might and glory, with it tableau depicting scaled-down models of five systems recently added to its inventory -- Rafale aircraft, indigenously developed Light Combat Aircraft (LCA) Tejas, Light Combat Helicopter (LCH), surface-to-air guided weapon Aakash missile and Astra missiles.
SAT to hear NSE's co-location case on Tuesday
The tribunal will hear the matters, involving the Sebi order in the NSE case, its former MD Ravi Narain and ex-CEO Chitra Ramakrishna and other executives -- Deviprasad Singh and Nagendra Kumar, as per the tribunal's cause list.
Edelweiss ARC, Goldman Co tighten grip on Bilt Graphic
Some lenders like Kotak Mahindra Bank and IDBI Bank were opposed to this infusion because they were not consulted before this decision was taken.
New footage shows Iranian missiles hitting Ukraine plane
The projectiles were fired 30 seconds apart and explain why the plane's transponder was not working as it hurtled to the ground -- it was disabled by the first strike, before being hit by a second, said the New York Times, which published the verified security camera footage Tuesday.
Lenders may net Rs 20,000 crore: Jio, UV Asset Recast Co top bidders for RCom assets
Bankers have named Jio as the preferred bidder for the tower and fibre assets housed in Reliance Infratel, while UVARCL will acquire the spectrum of RCom and its subsidiary Reliance Telecom. The combined offer from UVARCL and Jio is higher than the offer from Bharti Airtel — which had an NPV of Rs 8,500 crore.
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