NEW DELHI: Aviation regulator DGCA on Friday imposed an Rs 80 lakh penalty on Air India for violations of flight duty and fatigue management norms, including failure to provide adequate rest to flight crew before and after ultra-long-haul flights. This is at least the third time in less than two months that Tata Group-owned Air […]
Day: March 23, 2024
‘What policy prioritizes goods train over passenger?’: Chhattisgarh HC asks railways
RAIPUR: Expressing serious concerns over the frequent cancellations and unscheduled suspension of passenger trains in Chattisgarh, the state High Court asked the railways to file a reply within three weeks as to under what policy were the freight trains have been given preference. In South East Central Railways (SECR) zone, the profit-making zone of the […]
Construction firm behind Silkyara tunnel donated Rs 55 crore in electoral bonds to BJP
NEW DELHI: Hyderabad-based Navayuga Engineering Company Ltd (NEC), which is constructing the Silkyara-Barkot tunnel in Uttarakhand, a portion of which collapsed last year, purchased Rs 55 crore worth of electoral bonds and donated the entire amount to the BJP, as per data released by the Election Commission. A total of 41 workers were trapped after […]
ISRO’s ‘Pushpak’ makes flawless landing in Karnataka’s Chitradurga
BENGALURU: The Indian Space Research Organisation (ISRO) has added another feather to its cap by successfully demonstrating the autonomous landing capability of ‘Pushpak’, the Reusable Launch Vehicle (RLV), as part of its RLV-LEX 2 mission. The second experiment in the series was conducted at the Aeronautical Test Range (ATR) in Chitradurga, Karnataka, at 7.10 am […]
India looking at Africa for critical minerals, says mines secretary
NEW DELHI: India is looking at Africa for minerals, including cobalt, and other critical minerals, Mines Secretary V L Kantha Rao said on Friday. The country is still engaging with Australia for lithium blocks, he said. Talking to reporters on the sidelines of a function here, the secretary said, “In Africa, we are looking at […]
Megha Engineering electoral bond purchases close to bagging contracts for major projects
Megha Engineering and Infrastructure Ltd made a number of electoral bond purchases close to the date of bagging crucial projects, including the all-weather Zojila tunnel that is being constructed at an estimated cost of Rs 4,500 crore in Jammu and Kashmir. Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) has emerged as the second-biggest buyer of […]
Adani Power shares up 0.94% as Nifty gains
Shares of Adani Power Ltd. gained 0.94 per cent to Rs 528.95 in Friday’s trade. It hit a high of Rs 530.75 and low of Rs 524.3 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 408.06, while the 50-DMA was at Rs 549.2. If a stock trades above […]
Tata Power shares up 0.19% as Sensex rises
Shares of Tata Power Company Ltd. gained 0.19 per cent to Rs 392.85 in Friday’s session as of 11:52AM (IST) even as the equity benchmark Sensex traded 189.73 points higher at 72830.92. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs […]
Share price of IRCTC jumps as Sensex gains 173.2 points
Share price of Indian Railway Catering & Tourism Corporation Ltd. gained 0.15 per cent to Rs 936.0 at 11:37AM (IST) in Friday’s trade. The counter hit a high of Rs 940.0 and low of Rs 930.0 so far during the session. The stock had closed at Rs 934.55 in the previous session. The counter had […]
InterGlobe shares gain 0.15% as Sensex rises
Shares of InterGlobe Aviation Ltd. traded 0.15 per cent higher in Friday’s session at 01:09PM (IST). The stock opened at Rs 3300.05 and has touched an intraday high and low of Rs 3327.55 and Rs 3266.65, respectively, during the session so far. The stock quoted a 52-week high of Rs 3339.0 and a 52-week low […]
Akasa has enough pilots; will ensure there are no flight cancellations: CEO
Seeking to assuage pilot shortage concerns, Akasa Air’s chief executive Vinay Dube on Friday said the carrier has sufficient pilots and flyers should not expect any flight cancellations. “We have plenty of pilots. We have given numbers like 700 in the past. I don’t think this is something from an Akasa perspective people need to […]
Air India slapped with Rs 80 lakh fine by DGCA for flight regulation breaches
The Directorate General of Civil Aviation (DGCA) has levied a hefty fine of Rs 80 lakh on Air India for breaches of regulations concerning flight duty time limitations (FDTL) and fatigue management systems for flight crew. The penalty follows a spot audit conducted by DGCA in January, which included data collection and analysis of random […]