Rakesh Jhunjhunwala-backed new airline Akasa is in talks with US aerospace company Boeing for buying up to 100 737 Max aircraft. Former Jet Airways CEO Vinay Dube and his family members are promoters while ex-IndiGo president Aditya Ghosh is a board member of the airline. The airline is in negotiation with Boeing and has reached out to the government to recertify the aircraft which has been grounded since 2018 after two crashes killing 349 persons, according to sources in the know.
'I was never Mad Max. I was just Max who was trying to get the best result for the team'
Demand for the earlier variant 737NG planes is also expected to pick up due to the grounding of MAX planes.
ZEE Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India on Tuesday said they have settled their six-month-long dispute related to the failed $10-billion merger and have agreed to withdraw all claims against each other. As part of the "comprehensive non-cash settlement" between ZEEL and Culver Max Entertainment Pvt Ltd (CMEPL), both "have mutually agreed to withdraw all respective claims against each other, in the ongoing arbitration at the SIAC and all related legal proceedings initiated in the NCLT and other forums," said a joint statement.
Chinese electric carmaker BYD is focusing on launching vehicles in the Rs 25-45 lakh price range in India even as it continues to evaluate customer preferences and demand in more affordable segments, its Head of Electric Passenger Vehicles in India Rajeev Chauhan told Business Standard.
Indian Grandmaster R Praggnanandhaa secured a victory over compatriot Arjun Erigaisi in the third round of the Tata Steel Chess Tournament.
Rishabh Pant has been nominated for the prestigious Laureus World Comeback of the Year Award.
DeepSeek is a case in point on how economic interdependence between nations are utilised for geopolitical ambitions and global domination efforts, observes China expert Srikanth Kondapalli.
Grandmaster D Gukesh will face his first major challenge since becoming world champion when he begins his campaign in the Tata Steel Chess tournament, which starts on Friday in Wijk Aan Zee, The Netherlands.
If you aren't living under a rock, it would be hard to miss reading or hearing about the Boeing 737 MAX aircraft being grounded by over 50 nations. For those who are in the dark or still confused about the entire episode, here's a simple FAQ on the issue and what's happening around the world.
World champion D Gukesh played out a draw with Jorden van Foreest of Holland, while Grandmaster R Praggnanandhaa beat Alexey Sarana of Serbia as the two Indians shared the lead after a thrilling day at the Tata Steel Masters at Wijk Aan Zee (The Netherlands) on Saturday.
Rameshbabu Praggnanandhaa defeated compatriot Pentala Harikrishna, while Arjun Erigaisi settled for a draw in the second round of 87th Tata Steel Chess Tournament.
IndiGo on Wednesday said it was exploring an earlier introduction of wide-body planes in its fleet to meet the growing demand for international travel. Industry sources said the airline was in talks with Norse Atlantic Airways to wet-lease six B787 planes in its fleet.
Rohan Bopanna and his Australian partner Matthew Ebden have clinched a spot in the prestigious season-ending ATP Finals, marking the Indian's fourth appearance in the tournament.
The aircraft, which has been grounded since March following two fatal crashes which killed 346 on board, is crucial to Indian low-cost airline SpiceJet's fortune, which has up to 205 aircraft on order. With the grounding, the airline's capacity expansion plan is suffering.
Red Bull's Max Verstappen won a wet and crazily chaotic German Grand Prix littered with crashes and safety car periods on Sunday with Mercedes' Formula One leader Lewis Hamilton failing to score.
SpiceJet is the only Boeing 737 MAX operator in India, with 13 aircraft of the type in its fleet and a total of 205 planes on order.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Boeing 737 MAX planes were globally grounded in March 2019, after two of these crashed within five months, raising safety concerns.
McLaren's Lando Norris hailed the best qualifying lap of his career after beating F1 leader Max Verstappen to pole position at the US Grand Prix.
Red Bull's triple world champion Max Verstappen followed up a Saturday sprint win with a statement pole position for Sunday's Austrian Grand Prix, with McLaren's Lando Norris again alongside on the front row.
The move came after a three-member inquiry panel of the government submitted its final report to Health Minister Satyendar Jain, who described the incident as 'not acceptable'.
About 350 Boeing 737 Max 8 are currently in service with airlines around the world, with thousands more on order. Boeing insists it has no reason to pull the popular aircraft from the skies.
Troubled twins, dangerous cults, portent dreams, telepathic kids, World War III, yakuza clans... Sukanya Verma lists the many options on OTT this week.
This year's Sundance Film Festival was rich with films and the theatres were warm, even as temperatures outside dipped to below freezing point. It snowed only once but the sidewalks remained slippery for a few days.
Charles Leclerc won the US Grand Prix in a Ferrari one-two with Carlos Sainz on Sunday as Formula One championship leader Max Verstappen dealt Lando Norris a significant setback in their title battle.
Red Bull are concerned about their constructors' title defence being weakened at a time when McLaren are emerging as a threat
Max Verstappen claimed his sixth victory from nine races this season and the 60th of his Formula One career.
R Praggnanandhaa outclassed world champion D Gukesh in sudden death to win Tata Steel Masters chess title.
Rakul goes purple... Adah goes for Ganpati darshan... Diana is adbhut...
Stewards at the Brazilian race summoned Leclerc on Friday, acting on a report from the governing FIA's media delegate and after reviewing a written transcript.
The watchdog has also asked the airlines to ensure various requirements are complied with by engineering and maintenance personnel with respect to 737 MAX planes.
Private carrier Air India on Monday announced placing an order to purchase 100 more Airbus aircraft, comprising 10 wide-body A350 and 90 narrow-body A320 family aircraft including A321neo.
Lando Norris won the season-ending Abu Dhabi Grand Prix on Sunday to deliver McLaren's first Formula One constructors' title since 1998
With the Lok Sabha elections going on, May is rather silent when it comes to new Bollywood theatre releases.
Drivers watched in amusement as the monitor lizard, a familiar sight in Singapore, reacted to the chase with a sudden burst of speed after sauntering onto the circuit shortly after the start of the daylight session.
McLaren's Lando Norris took pole position for the Qatar Grand Prix sprint on Friday with Mercedes' George Russell denying the Formula One leaders a front row.
Red Bull make changes to car after discussions with FIA
With full-service carrier Jet Airways and budget airline SpiceJet operating 737 MAX planes, the DGCA has decided to seek information about the aircraft from Boeing as well as the two domestic carriers in view of the air crash in Ethiopia.
In little over a year, Air India and IndiGo have announced plans to purchase up to 170 wide-body planes as they bet on ambitious expansion and efforts also continue to make India a global aviation hub. Also, the two carriers' orders usher in European aircraft maker Airbus into the country's wide-body space, which has traditionally been dominated by US major Boeing. If narrow-body aircraft orders of Air India, IndiGo and Akasa Air are added to the list, the order book is well over 1,200 planes and that too in less than 14 months or since February 2023.
