New airline Akasa Air on Monday said it is on track to receive its first Boeing 737 Max plane by mid-June and launch commercial operations by July. The airline on Monday released the photographs of its first Max plane from the Boeing production facility in the USA's Portland as it gets ready for delivery. "The airline recently reaffirmed its commitment of being on track to receive its first aircraft in India by mid-June and launch commercial operations in India by July 2022," its statement mentioned.
Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.
Formula One will have a record 24 races in the season that starts in Bahrain on Saturday.
'The funds were arranged from multiple banks at a very competitive rate and converted into dollars at the best rates.'
In a major relief to media major Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal (NCLAT) on Friday stayed the insolvency proceedings initiated against it earlier this week. Admitting a petition filed by ZEEL Managing Director and chief executive Punit Goenka, the appellate tribunal issued notices to private sector lender IndusInd bank and the interim resolution professional directing them to file a reply in two weeks. NCLAT said the submissions made by both sides need a detailed hearing.
Images from the Premier League matches played on Thursday
Culver Max Entertainment, formerly known as Sony Pictures Networks India (SPNI), has terminated merger agreements with Zee Entertainment, which could have otherwise created a USD 10 billion media enterprise in the country.
2023 was marked by outstanding sporting achievements, shattered records, and the crowning of new champions, all captured by photographers documenting every significant twist and turn.
Kevin de Bruyne struck twice to inspire Manchester City to a dominant 4-2 win at Crystal Palace on Saturday and move the champions level on points with Liverpool at the top of the Premier League table.
The landmark Air India-Boeing deal will create up to 1 million jobs across 44 states in the US and will further deepen bilateral ties, President Joe Biden has told Prime Minister Narendra Modi. Boeing and Air India announced a mega deal on Tuesday under which the Tata Group-owned airline will purchase 190 B737 MAX, 20 B787, and 10 B777X for a total of 220 firm orders valued at $34 billion at list price. The deal will also include customer options for an additional 50 Boeing 737 MAX and 20 Boeing 787, totalling 290 airplanes for a total of $45.9 billion at the list price.
Arsenal claimed their first Premier League win at Everton for six years as Leandro Trossard's second-half strike proved enough to secure the points at Goodison Park on Sunday.
Mercedes driver and seven times world champion Hamilton told reporters Marko's words were "not something that you just apologise (for) and it's all OK".
Verstappen won a sprint race on Saturday to put Red Bull on pole position
The Dutch driver won the race at Suzuka, with Leclerc demoted from second to third behind Red Bull's Sergio Perez for cutting the final chicane while defending from the Mexican on the last lap.
Tech giant Apple on Tuesday unveiled its much-awaited iPhone 15 and iPhone 15 Plus with USB-C type charging at its "Wonderlust" event.
Apple Inc has announced the India prices of the new variants of its bestselling smartphones - launched on Tuesday - as it assembles the device in the country. The new iPhone 15 range starts at Rs 79,900 for the 128 GB variant (the same price as the iPhone 14 when it was launched last year) and goes up to Rs 199,900 for the top-end Pro Max with a 6.7 inch screen and 1 TB (terabyte) storage. The world's most valuable company also launched three new upgraded Apple watches, starting with the SE at Rs 29,900 and going up to Ultra 2 at Rs 89,900.
Rishabh Pant has been shifted from the ICU to the private ward of the Max Hospital in Dehradun following an improvement in his condition.
The merger of ZEE Entertainment and Sony has reached an advanced stage of completion, and the issues faced by promoters with Sebi should not become a problem for the company, debarred ZEEL MD Punit Goenka has said in a letter to employees, according to sources. Goenka, who along with his father Subhas Chandra, was denied any interim relief against a Sebi order that barred them from holding the position of director or key managerial post in any listed company, in the letter ZEE Entertainment Enterprises Ltd (ZEEL) staff asserted that the merger of Culver Max (earlier known as Sony Pictures Networks India) is at a very important juncture. With the Securities Appellate Tribunal (SAT) restricting him from holding a directorial or key managerial position in a listed company, Goenka told the employees that the ZEEL board has constituted an interim committee of senior executives to ensure smooth operations and day-to-day functioning.
Akasa Air on Tuesday said it has added the 20th aircraft to its fleet that also makes the airline eligible to start international operations. The carrier, which will complete one year of operations on August 7, has also become the first airline in Asia to have the Boeing 737-8-200 variant. According to a release, the Boeing 737-8-200 aircraft aligns with Akasa Air's continued efforts to control operating costs.
She's the Moana of your fairy tale because 'a little bit of ocean, a little bit of sand' make her mighty happy.
Verstappen suffered two retirements from the first three races but has otherwise finished all but two rounds in the top three.
Glenn Maxwell scored a 40 ball century on Wednesday.
SpiceJet will induct more Boeing 737 Max aircraft over the next few months and it hopes to start broadband internet service on its planes soon, its chairman and managing director (CMD) Ajay Singh said on Monday. The airline has a fleet of 91 aircraft, out of which 13 are Max planes and 46 are older versions of Boeing 737 aircraft, according to its website. In his email to employees on the 17th anniversary of the airline, Singh said the carrier continues to fly with the highest loads month after month and expects to soar even higher in the coming months.
Seven times world champion Lewis Hamilton was seventh for Mercedes and Lance Stroll collected the final point for Aston Martin.
Australia reached a second successive Davis Cup final when Alex de Minaur overpowered Emil Ruusuvuori 6-4 6-3 after Alexei Popyrin beat Otto Virtanen 7-6(5) 6-2 to earn the 28-time champions a 2-0 win over Finland on Friday.
Not only the senior team but the young Blue Colts also emerged victorious in the SAFF Men's U-19 champions after hammering Pakistan in the final and clinching a vigorous 3-0 victory.
It was Hamilton's first pole position since Saudi Arabia in December 2021.
Spanish veteran Feliciano Lopez extended his career by at least one more day with an emotional victory at the Mallorca Open.
Max Verstappen signed off on a dominant 2022 Formula One campaign with a record-extending 15th win of the year
The BCCI has set a salary cap of Rs 90 crore for 10 IPL franchises, including the two new entrants, for the next season and allowed a maximum of four retentions for the eight established teams.
Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City. This is also the first wide body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC). In a release, the airline said the transaction was facilitated by its wholly-owned subsidiary AI Fleet Services Ltd (AIFS) and is also the first financing transaction from the orders for 470 aircraft that were made earlier this year.
Matthew Perry's family has expressed gratitude to fans and well-wishers for remembering the Friends star, who died at his Los Angeles home on October 28.
What are the warning signs of heart disease? How can we correct our lifestyle in order to improve our cardiac health and that of our loved ones?
Tiger feels skinny... Patra goes retro... Shehnaaz's beach vibe...
'The sari is the most comfortable attire for curvy Indian women, who are all bust and butt.'
High-value insurance policies experienced muted growth in the first six months of the current financial year after the Centre decided to tax such products in this year's Budget. Simultaneously, there has been a marked improvement in the growth of policies with premiums of 'less than Rs 5 lakh', mainly originating from smaller cities. During this year's Budget, Finance Minister Nirmala Sitharaman proposed that insurance policies (excluding unit linked insurance plans or ULIPs) with an aggregate premium exceeding Rs 5 lakh, and the maturity amount, would not be exempt from tax.
Akasa Air has reduced its service on 10 routes and stopped operating flights on eight others since the exodus of pilots began in early July. The airline's flights per week reduced from 945 in June to 754 in October, according to aviation analytics firm Cirium's data, which has been reviewed by Business Standard. The airline currently operates flights on 34 routes. Between June and October, Akasa Air ceased operations on the following: Ahmedabad-Kochi, Ahmedabad-Hyderabad, Ahmedabad-Pune, Bengaluru-Hyderabad, Bengaluru-Chennai, Kochi-Hyderabad, Goa-Lucknow, and Goa-Hyderabad.
Rishabh Pant suffered multiple injuries when his car collided with a road divider on the Delhi-Dehradun highway on Friday.
The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterprises Ltd and Culver Max Entertainment (earlier known as Sony Pictures Networks India). This order by the Mumbai bench, headed by H V Subba Rao and Madhu Sinha, will pave the way for the creation of a $10-billion media company, the biggest in the country. The tribunal also dismissed all objections regarding the merger.
The company aims to roll out wireless broadband connectivity through WiMax technology commercially this year, especially in urban areas. Initially, it will start its operations in three states -- Maharashtra (excluding Mumbai), Gujarat and Andhra Pradesh.
