The Central Bureau of Investigation (CBI) has registered a preliminary enquiry (PE) against ICICI Bank CEO Chanda Kochhar’s husband Deepak Kochhar in connection with Videocon loan row, sources said on Saturday. Chanda Kochhar, her husband Deepak Kochhar, and Venugopal Dhoot, the promoter of Videocon Group are caught up in a controversy over ICICI allegedly granting…
Hate flight delays? Avoid this to make your & everyone else’s life easier at the airport
Many people are afraid of getting delayed at the airport or missing the flight, especially in the holiday season when airports are crowded. While all such situations cannot be predicted or prevented, one precaution can root out a frequent cause of delays—packing your bags carefully. A lot of people are not aware that a prohibited…
Oil PSUs to supply Euro-VI fuel in Delhi from April 1
State-owned oil firms will from tomorrow supply petrol and diesel meeting stringent Euro-VI emission norms in the national capital. Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Co will supply the less polluting fuel at all their outlets from tomorrow, IOC officials said. The Euro-VI grade fuel supplies in the national…
SpiceJet to investigate allegations of strip search by cabin crew
SpiceJet is investigating its security personnel after allegations from airhostesses that they were strip-searched and touched inappropriately. A video shot of these airhostesses complaining about the incident has surfaced. It was shot at the Mumbai airport. A senior SpiceJet executive said it was a “pat-down” search. He added the number of such searches have increased…
‘Equal opportunity employer’ – Vistara airline introduces its first male cabin crew
Vistara airline today announced it has introduced its first male cabin crew as part of plans to be an “equal opportunity employer”. The crew took to the skies following the completion of a rigorous three-month safety and service training programme to the exacting standards of Tata and Singapore Airlines, the airline said in a statement.…
Mamata Banerjee opposes Air India disinvestment; Derek O’Brien too raises questions
West Bengal Chief Minister Mamata Banerjee today strongly opposed the Centre’s move to disinvest its stake in Air India and TMC leader Derek O’Brien questioned the decision, saying a parliamentary panel was still examining the issue. Hours after the government released the preliminary information memorandum on strategic disinvestment of the national carrier, Banerjee took to…
Gujarat discovers solar tariff of Rs 2.98/unit in latest auction
The reverse auctions for 500 MW of solar power held by the Gujarat government on Wednesday saw a tariff of Rs 2.98/unit, significantly up from the lowest solar tariff ever achieved — Rs 2.44/unit in the country (at Bhadla in Rajasthan) in May last year. Gujarat’s own auctions in September 2017 saw a tariff of…
Coal shortage may impact power generation even as demand rises
The peak power demand is set to rise with increase in average temperatures but coal supply is likely to be hit because of a shortage in production by top suppliers. Peak demand for power rose 15% to 157,000 MW in February over the year-ago period and would trend higher in the coming months . With…
Singapore Airlines receives world’s first 787-10 aircraft
With an aim to revolutionise ‘regional’ business class, Singapore Airlines (SIA) has unveiled latest cabin interiors with flatbed seats on its brand new Boeing 787-10 aircraft. Known for its high-end services, the airlines aims to redefine travel on flights up to eight hours called regional routes, with its refreshed cabin. Singapore International Airlines (SIA) on…
Opening round: Air India starts taxiing towards its flight to privatisation
Setting the ball rolling for the divestment of flag carrier Air India, the government on Wednesday issued a preliminary information memorandum (PIM) offering 76% equity in the airline along with its budget arm Air India Express and airport service unit Air India SATS. The proposed dilution will ensure transfer of complete