Dhruvaksh Saha And Deepak Patel

Stories by Dhruvaksh Saha And Deepak Patel

The take-off and crash-landing of Jet's Naresh Goyal

The take-off and crash-landing of Jet's Naresh Goyal

Rediff.com   4 Sep 2023

In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.

Gadkari unveils prototype of world's first BS-VI-compliant flex-fuel car

Gadkari unveils prototype of world's first BS-VI-compliant flex-fuel car

Rediff.com   30 Aug 2023

Union Minister of Road Transport and Highways Nitin Gadkari on Tuesday unveiled the prototype of the world's first Bharat Stage (BS)-VI-compliant electrified flex-fuel car, developed by Toyota Kirloskar Motor. The car, which runs on 100 per cent ethanol (E100), is based on the Toyota Innova HyCross. It can cover 40 per cent of its distance on ethanol and the remaining 60 per cent on electric, with the petrol engine shut off.

DGCA suspends Air India's Boeing simulator facility in Mumbai for lapses

DGCA suspends Air India's Boeing simulator facility in Mumbai for lapses

Rediff.com   30 Aug 2023

The Directorate General of Civil Aviation (DGCA) on Tuesday suspended Air India's Boeing simulator facility in Mumbai after finding certain alleged lapses during a spot check, a DGCA official said. The pilots, who were scheduled to undergo refresher courses at the Mumbai facility, will now not be able to do so.

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

Rediff.com   9 Aug 2023

Maruti Suzuki India (MSIL) will issue equity shares on a preferential basis to parent Suzuki Motor Corporation (SMC) to acquire 100 per cent stake in the latter's Gujarat plant. This deal is expected to increase the share base of MSIL by about 4 per cent. And consequently, it will raise SMC's shareholding in Maruti by around 1.8 percentage point. "Whether it is in terms of PAT (profit after tax) or earnings per share (EPS) or dividend per share (DPS) of MSIL, the share-swap option will give shareholders a better deal than any other option such as cash payment," MSIL chairman RC Bhargava told reporters during a press conference.

India's first public InvIT for road, highway projects in the works

India's first public InvIT for road, highway projects in the works

Rediff.com   8 Aug 2023

After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust

Govt takes multiple steps to tackle festival-season rush at major airports

Govt takes multiple steps to tackle festival-season rush at major airports

Rediff.com   4 Aug 2023

Deploying additional Central Industrial Security Force (CISF) personnel, providing real-time updates through social media, adding more immigration counters and ensuring 100 per cent manning of immigration counters - these are some of the steps that the Ministry of Civil Aviation (MoCA) is now taking in coordination with other stakeholders to avoid congestion at major airports during the upcoming festival season. During the last year's festival and winter season, major airports in the country suffered from congestion due to lack of sufficient airport infrastructure, inadequate X-ray screening machines, bunching of flights at peak hours, as well as inadequate CISF and immigration personnel, the MoCA stated on Thursday. Civil Aviation Minister Jyotiraditya Scindia, after last year's congestion issue, had asked major airports - including Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata and Chennai - to identify bottlenecks and augment capacity to meet the growing passenger demand.

Confused over UV definition, car companies await govt notification on cess

Confused over UV definition, car companies await govt notification on cess

Rediff.com   20 Jul 2023

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Export preparedness: Tamil Nadu takes top spot, Gujarat slips to 4th

Export preparedness: Tamil Nadu takes top spot, Gujarat slips to 4th

Rediff.com   18 Jul 2023

After topping it for two consecutive years, Gujarat slipped three places on the NITI Aayog's Export Preparedness Index (EPI) for 2022, as Tamil Nadu emerged as the most export-ready state, the central think tank said in its report released on Monday. In a continuing trend, coastal states were found to have the most robust export infrastructure, which officials attributed to the integration of maritime trade into the core of their economies. Maharashtra and Karnataka retained their positions -- second and third, respectively; Haryana was ranked first among landlocked states and fifth overall.

Does No One Want To Visit The Taj Anymore?

Does No One Want To Visit The Taj Anymore?

Rediff.com   5 Jul 2023

'Rather than visiting famous monuments, travellers now prefer "experiential activities" such as biking, trekking/hiking, camping, river rafting, yachting, parasailing and zip lining; safaris and jungle adventures; and wellness holidays to rejuvenate themselves.'

2,300 Indian Students Return To Ukraine!

2,300 Indian Students Return To Ukraine!

Rediff.com   29 Jun 2023

About half of the students, who have been affected by the war, have taken admission to universities in other countries.

IndiGo has flexibility to decide 2035 size, says CEO Pieter Elbers

IndiGo has flexibility to decide 2035 size, says CEO Pieter Elbers

Rediff.com   20 Jun 2023

IndiGo has the flexibility to decide what would be the precise size of its aircraft fleet by 2035, its chief executive officer (CEO) Pieter Elbers said on Monday. IndiGo - the country's largest airline - has 312 aircraft in its fleet. Elbers said the airline will double in size by 2030, indicating the airline will have a fleet of about 625 by 2030.

How AIIMS Plans To Battle Cyberattacks

How AIIMS Plans To Battle Cyberattacks

Rediff.com   20 Jun 2023

The second cyber attack on AIIMS took place just last fortnight, but the hospital's cyber security systems were able to successfully thwart this attempt.

Air India upgrading crew rostering, customer notification system: Wilson

Air India upgrading crew rostering, customer notification system: Wilson

Rediff.com   19 Jun 2023

Air India has been a subject of its passengers' ire this week as more than half of its flights have been delayed, primarily because of an old crew rostering system. Due to the existing system, the airline has not been able to handle the disruption created by cyclone 'Biparjoy' on India's western coast. The sudden grounding of two planes also added to the carrier's woes.

With 'Invicto', Maruti set to drive into Rs 20+ lakh segment for first time

With 'Invicto', Maruti set to drive into Rs 20+ lakh segment for first time

Rediff.com   14 Jun 2023

Maruti Suzuki is set to launch a new multi-purpose vehicle (MPV) -- Invicto -- next month. It will be the company's first passenger vehicle with an ex-showroom price tag of Rs 20 lakh or more, said Shashank Srivastava, executive director (sales), on Tuesday. The upcoming MPV will compete with the likes of Toyota Innova Hycross, Kia Carnival, Hyundai Alcazar, MG Hector Plus, Tata Safari, Mahindra & Mahindra XUV700, and Mahindra & Mahindra Scorpio-N - all having three rows of seats. Invicto will be based on the Hycross by Toyota, which will manufacture Maruti's most expensive car at its Bidadi plant in Karnataka.

Rail Accidents Surged By 37% In 2022-2023

Rail Accidents Surged By 37% In 2022-2023

Rediff.com   13 Jun 2023

In 2021, the Railways boasted of a historic feat -- no passenger deaths in train accidents in two years. However, the derailment of the Bikaner-Guwahati Express in 2022 brought the Railways back to its forgetful past.

Air India to Spend $400 Million On...

Air India to Spend $400 Million On...

Rediff.com   12 Jun 2023

... changing seats and in-flight entertainment on its older aircraft.

Auto companies post record PV sales in May

Auto companies post record PV sales in May

Rediff.com   9 Jun 2023

The previous May peak was observed in 2018 when the domestic PV wholesales stood at 301,238 units.

Quickly provide engines for grounded fleet: IndiGo to Pratt & Whitney

Quickly provide engines for grounded fleet: IndiGo to Pratt & Whitney

Rediff.com   25 May 2023

Low-cost carrier IndiGo has asked American aerospace manufacturer Pratt & Whitney (PW) to quickly provide engines for the airline to press its grounded planes back into service, sources said on Wednesday. The airline wants to increase its domestic frequency to fill the supply-side void created after Go First's exit, they added. Go First stopped operating flights from May 3 after filing an insolvency application with the National Company Law Tribunal.

Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas

Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas

Rediff.com   22 May 2023

The semiconductor chip supply for the electric two-wheeler industry has normalised but the prices are up by nearly 50 per cent compared to pre-pandemic period, said Eric Vas, president, Urbanite, the electric vehicle (EV) business of Bajaj Auto. "It (the supply) has improved greatly. It has pretty much normalised. The problem is the cost. "The costs remain very high. Hopefully, the costs will start correcting themselves over this fiscal year," he said in an interview with Business Standard.

Sittwe Port: India's Move Against China

Sittwe Port: India's Move Against China

Rediff.com   20 May 2023

The project, the agreement for which was signed way back in 2009, had been gaining strategic relevance over the years as India-China ties took a hit.