'Digital Flight Data Recorder (DFDR) and Cockpit Voice Recorder (CVR) of the ill-fated aircraft have been retrieved. AAIB (Aircraft Accident Investigation Bureau) is conducting investigations,' Civil Aviation Minister Hardeep Singh Puri tweeted, as fresh questions were raised on the safety parameters of the runway.
The country's largest domestic budget carrier IndiGo on Wednesday announced the appointment of Pieter Elbers as its chief executive officer, replacing incumbent Ronojoy Dutta. Seventy-one year old Dutta, who came to helm the airline in January 2019, has decided to retire on September 30, after guiding the airline through the turbulent Covid period, IndiGo said in a statement. Elbers' appointment, which is subject to regulatory approvals, will be effective from on or before October 1, it said.
The coming weeks are sure to have a lot of drama unfolding in Maharashtra, predicts N Sathiya Moorthy.
'We expect the bull run to continue until economic growth continues.'
IndiGo, India's largest airline, is in talks to raise fresh funds as a second wave of pandemic has led to collapse in travel demand. The airline may look to raise Rs 3,500-4,000 crore. On Monday, only 97,761 passengers flew. With flyers cancelling bookings, airlines had to put aside flights and operated only 1,306 of them.
From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there were 14 Quality Control Orders (QCOs) covering 106 products. By the latest count, there are 156 QCOs on 672 products.
Air India has long ceased to be a commercial entity: it is of the government, exists for the government and is run by the government.
The iconic Audi 100 won by Ravi Shastri at the 1985 World Championship of Cricket in Australia was restored back to its original glory and handed back to the former India captain and coach by Gautam Hari Singhania, chairman and managing director of Raymond, in Mumbai on Friday.
Travel from India increased significantly after resumption of direct flights in March, Turkiye Tourism Board said, with destination weddings contributing to arrivals
As and when Jet Airways applies for slots, these would be allocated among all airlines according to guidelines, without any claim of historicity in favour of any airline. Slots would be given to Jet only from the available remaining pool.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
This comes after successful completion of basic performance flight testing and outstation trials for cold weather, hot weather and hot and high altitude testing in 2015, HAL said.
A source said that the lenders have proposed to change the management of the beleaguered air carrier as they feel it is not possible to run the company with present management.
A clutch of professional talent management firms is changing the balance of demand and supply in India's entertainment industry, writes Vanita Kohli-Khandekar.
Because of lack of pilots, airlines have been forced to cancel their flights and rework their schedules, constraining cash flows and delaying vendor payments.
The group began to outperform the broader market only with the onset of the pandemic in March 2020 while earlier it was largely keeping pace with the Sensex. The group's market cap is up 164.4 per cent since the end of March 2020 against a 105 per cent rally in the Sensex.
It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.
Vistara's growth and future funding requirement would hinge on how soon the government changes these rules.
His vision drove ITC to pursue business models that today support over 6 million livelihoods, many amongst the weakest in society.
The letter was sent as an early warning of what was then widely being perceived as a plunder of national resources.
'The entire idea behind the serial bomb blasts was to strike fear in the minds of Indians.' 'I don't think the blasts were targeted to derail the Indian economy; the idea behind the blasts was retribution.'
Airline stocks have been soaring following a steep decline in crude oil prices and sustained passenger traffic. Analysts have particularly turned bullish on the stocks of InterGlobe Aviation and SpiceJet. On December 20, shares of InterGlobe Aviation (IndiGo) hit a record high of Rs 3,009 on the BSE, having surged 43.24 per cent year-to-date (YTD).
Besides the pandemic that resulted in higher interest rates, the default by Future Retail has dealt a blow to investor sentiment.
After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.
Cummins India will soon start producing fuel-agnostic engine systems at the Tata-Cummins plant in Phaltan in Satara district of Maharashtra, senior officials at Cummins India said. The firm will start limited production by the end of 2023 and mass production will likely begin by 2024, the officials said.
Asian Games gold-winning boxer Dingko Singh was on Saturday airlifted from Imphal to New Delhi for his cancer treatment. Dingko's transfer to Delhi by a SpiceJet air ambulance was facilitated by the Boxing Federation of India (BFI) after he missed a scheduled radiation therapy session due to the ongoing coronavirus-forced national lockdown.
In nearly 100 seats, the BJP stands almost no chance of winning. In 200 seats, it is a direct fight between the BJP and the Congress where the BJP has an upper hand. In 243 seats, the BJP is pitted against regional parties and it is not going to be easy. That is why 400 seats may end up as a pipe dream, states Ramesh Menon, author of Modi Demystified: The Making of a Prime Minister.
Widening its probe in the Rs 3,600 crore VVIP chopper deal, the ED has begun a trail of "cash" which is suspected to have been paid as alleged kickbacks.
Patel is being questioned in connection with a money laundering probe related to losses suffered by Air India as part of an alleged multi-crore aviation scam.
It is learnt that the Chinese JF-17 was cheaper but could not match the technical parameters of the Tejas Mk-IA variant and the offer of maintenance of the Su-30 fleet as proposed by India.
The family of Divya Pandey, 24, who claimed she had cracked the civil services examination in her maiden attempt, on Friday apologised to the district administration and Central Coalfields Ltd (CCL), both of which felicitated her, as well as the media for furnishing erroneous information of her success and said it was an 'inadvertent error'.
'Our focus is not going to be metro to metro routes.' 'We will begin by focusing on metro to non-metro (routes).' 'Metro to tier-2 cities or tier-3 cities is where there is a lot of space for affordable, efficient carriers.'
There will be a lot to repair and rejuvenate -- if that opportunity even presents itself, warns Rathin Roy.
He is the first high-profile person who has deposed before the ED in this case.
A number of countries like Canada, Turkey, Belgium, Italy and Israel have banned flights from the UK as the British government warned that the potent new strain of the virus was "out of control" and imposed a stringent new stay-at-home lockdown from Sunday.
At the heart of the current controversy is the government's FDI rule
Vistara'a launch, the steel plant at Kalinganagar and e-commerce venture are the ones most awaited for
An executive of a private airline said even though volume picked up, it will be difficult for airlines to make money as fares have remained low even during festive season.
