Indian budget airline SpiceJet has agreed to buy around 40 Boeing 737 passenger jets worth over $4 billion at list prices as it seeks to modernize its fleet and climb out of the red, industry sources said on Tuesday.
Opposition members in the Lok Sabha on Monday blamed the Bharatiya Janata Party-led central government's policies for the price rise and accused it of ignoring the plight of common people, saying kitchens will soon "see a lockdown" if the Centre does not take corrective measures.
In an hour-long chat on rediff.com on Friday, financial planning expertTrideep Choudhary offered some valuable investment tips.
The National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go First's plea seeking voluntary insolvency resolution proceedings and interim moratorium on financial obligations while aircraft lessors vehemently opposed the petition. Amid the airline facing severe financial crunch and cancelling flights, a two-member NCLT bench comprising Justice Ramalingam Sudhakar and Member L N Gupta heard the arguments for and against the petition for nearly four hours. As aircraft lessors opposed the plea, the counsels for Go First said the petition was not a malicious one to avoid payment of dues to its creditors but to save the company.
Manchester City swept aside second-tier Cardiff City 2-0 with first-half goals from Kevin De Bruyne and Raheem Sterling on Sunday to reach the FA Cup fifth round in their quest to win an unprecedented four trophies this season.
In a major technology push, Indian Army has envisioned construction of "permanent defences" along the Line of Actual Control in eastern Ladakh using cutting-edge 3D printing technology, a move that will save time and improve its defence preparedness, sources said on Tuesday.
Novak Djokovic won a record-extending 10th Australian Open crown, beating Stefanos Tsitsipas in a generational clash in the men's singles final, at Melbourne Park, on Sunday.
'We need uranium to fuel our reactors. Our scientists and engineers have been handling uranium safely since 1967. They must not feel disheartened by the activities of well motivated local or foreign agencies.'
The overall Air Quality Index (AQI) of Delhi stood at 398 at 11 am, worsening from 357 at 4 pm on Friday. It was 354 on Thursday, 271 on Wednesday, 302 on Tuesday and 312 on Monday (Diwali).
Of the 243 listed flights, it claimed to have operated 75 across the country after 1600 hours on Wednesday.
Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).
Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel expenses.
Innovator and educationist Sonam Wangchuk, the real life Phunsukh Wangdu of Bollywood blockbuster 3 Idiots, has developed an eco-friendly solar heated tent that Army personnel can use in extremely cold places like Siachen and Galwan valley in the Ladakh region.
]The easiest activity like walking has a direct positive impact on your various blood markers like blood glucose levels, cholesterol, blood pressure, etc, explains Sanya Narang.
While we may not be able to stop it completely, every individual can make a difference by adopting simple measures at home or office.
India is likely to become a $40 trillion economy by 2047 -- a 13-fold jump from its current size -- driven primarily by a clean energy revolution and digitalisation, billionaire Mukesh Ambani said on Tuesday. Ambani's estimate for the Indian economy, currently the fifth largest in the world behind only the US, China, Japan and Germany, is more optimistic than Asia's richest man Gautam Adani, who last week stated that India will become a $30 trillion economy by 2050 on back of rising consumption and socio-economic reforms. "From a 3 trillion-dollar economy, India will grow to become a 40 trillion-dollar economy by 2047, ranking among the top three economies of the world," Ambani said at the 10th convocation of Pandit Deendayal Energy University in Gandhinagar.
As soon as the House met at 2 pm, papers were laid on the table and two resolutions adopted amid slogan shouting and protest by Congress members.
Anxious relatives of several Indians stuck in Sudan following the fighting between the Army and paramilitary forces are eagerly waiting for information about their relatives and appealed to the government to evacuate them from the strife-torn African country as soon as possible.
No matter what kind of car you drive, there are still some simple steps you can take to reduce your polluting emissions and save some money on petrol.
Facing huge financial crunch, the Railways has invited suggestions from the general public to increase its revenue and reduce expenditure ahead of the upcoming Budget Session of Parliament.
Their success stories will inspire you too.
The alliance, announced in a late night press conference on Monday, will involve code-sharing on domestic and international flights, an interline agreement, joint fuel management, common ground-handling services and cross-selling flights through the global ticketing system.
Simple takeaways from the Union Budget 2015-16 and how it impacts your life
The key risks against a fast recovery would include long delays in business travel resumption, delays in commissioning, etc.
It would help in saving fuel, reducing CO2 emissions as well as noise levels, according to officials
Mahindra & Mahindra Ltd on Thursday announced the opening of bookings for its premium sports utility vehicle XUV700 from October 7. The XUV700 will come in variants including diesel and gasoline, manual and automatic options and with 5 and 7-seater capacity. It will also be available in an optional All-Wheel-Drive (AWD) spec.
Haaziq Kazi, disturbed by the damage we have done to marine life, has designed a solution to save the oceans.
The demand for minerals, boulders and sand is so great that it has fueled a black market and the goons who control this trade do not hesitate to kill law enforcement officers and reporters who have tried to expose them.
The biggest headwind to the consumption story in FY23 is a sharp decline in government subsidies on food, fertiliser and fuel, and overall decline in revenue expenditure net of interest payments. This, analysts say, will adversely impact purchasing power of households at the lower end of the income pyramid, translating into lower spending on consumer goods and services.
When Internet search major Google Inc decided to power its 'Googleplex' in Mountain View with one of the largest solar panel installations in the world last year, it was a big vote for solar energy, which presently provides less than 1 per cent of the energy generated worldwide.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
Edtech giant Byju's is set to lay off nearly 2,500, or 5 per cent, of its employees as part of an "optimisation" plan. The move by India's most valuable start-up comes amid a funding winter and steep losses. "To avoid redundancies and duplication of roles, and by leveraging technology better, around 5 per cent of Byju's 50,000-strong workforce is expected to be rationalised across product, content, media, and technology teams in a phased manner," said the company in a statement. In June, Byju's laid off about 600 employees at its group companies -WhiteHat Jr and Toppr.
The opposition party vowed to hit the streets against the "Modi-made inflation" and run a people's movement over price rise.
A picture of arrested Delhi Minister Satyendar Jain with a harried and weary look circulating on social media on Friday drew sharp reactions from Aam Aadmi Party leaders and supporters.
Spielberg was born with a camera in his eye. And this one movie, he'd been recording all his life, observes Sukanya Verma.
No matter who the opponent, or how big the adversity, Andy Murray never backs away from the fight, observes Deepti Patwardhan.
Sri Lanka is going through the worst economic crisis since independence in 1948. A crippling shortage of foreign reserves has led to long queues for fuel, cooking gas and other essentials while power cuts and soaring food prices heaped misery on the people.
'The JF-17 is the aircraft of today and the Tejas is the aircraft of tomorrow.'
