Shell said on Friday it expects significantly lower results from its liquefied natural gas trading business in the first quarter of 2024 compared with the previous three months. In an update ahead of quarterly results on May 2, Shell also said its oil trading results are expected to be significantly higher than the last quarter […]
Day: April 5, 2024
Ionage plans to integrate 1 lakh EV chargers by 2028
Ionage, a Bengaluru-based leading eMobility service provider, is working for integrating a network of over 100,000 EV chargers into its roaming platform. This initiative aims to empower over 10,000 Small and Medium Businesses (SMBs) to enter the EV charging sector by the year 2028. Established in September 2021, the Ionage products aim to enhance the […]
No proposal to resume subsidised rice sale for ethanol production: Official
The government has no proposal to resume sale of subsidised rice to grain-based distilleries for the production of ethanol, Food Secretary Sanjeev Chopra said. “Since July last year, rice has not been diverted for ethanol production. There is no proposal as of now to revisit that policy,” Chopra told reporters on Thursday. He was responding […]
Booked a biz class seat but got bumped to economy? Here are your rights
Imagine you booked a fancy business class plane ticket for your vacation, but when you got to the airport, the airline informed you that there wasn’t enough space and moved you to a regular economy seat. Frustrating, right? But what are your rights in this situation? Should the airline just say “sorry, not sorry” and […]
UK airports get more time to put in new scanners allowing liquids, laptops
Drink it or bin it: That phrase should have become history this summer at all UK airports. But it’s set to persist for at least another year after the British government said it will grant extensions to several large UK airports unable to meet the June 1 deadline to fully install new scanning technology. The […]
Govt asks Tesla to lay down investment plans for EV plant in India
India’s industry secretary said the ball is now in Tesla Inc.’s court to lay down its investment plans for the South Asian nation after the government cut import duty on electric vehicles. The industry department last month released a comprehensive policy for boosting EV manufacturing in the world’s most-populous nation. Following that move, it’s up […]
Telangana govt holds discussions with Tesla to set up electric car plant
The Telangana government is holding discussions with Tesla by putting in all efforts to establish their plant in the state, Industries Minister D Sridhar Babu said on Thursday. In a message on X Sridhar Babu said since December 2023 the state government has been actively focusing on major investment opportunities by global giants, and as […]
From RIL to Adani Power, top firms see cessation of independent directors
More than 130 independent directors in nearly 75 companies have stepped down from their posts after the 10-year ‘grandfathering period’ ended on March 31. Notable firms like Reliance Industries, Adani Power, Larsen & Toubro, Asian Paints, Avenue Supermarts, and Marico have announced the departure of independent directors in the past week. Under the Companies Act […]
Boeing paid $160 mn in compensation after MAX 9 grounding, says Alaska Air
Alaska Air Group said on Thursday that Boeing had paid about $160 million to the airline in the first quarter as initial compensation to address the hit from the temporary grounding of 737 MAX 9 jets. The payment is equivalent to lost profits in the quarter, the carrier said in a filing, adding it expects […]
Two pilots’ unions flag work culture concerns at Tata Group airlines
Two pilots’ groupings on Thursday said the problems raised by Vistara pilots are not isolated but indicative of systemic issues across Tata Group aviation entities. In a detailed letter to Tata Group Chairman N Chandrasekaran, the Indian Commercial Pilots’ Association (ICPI) and the Indian Pilots’ Guild (IPG) urged the group to engage in a constructive […]
IAF’s Apache attack chopper makes emergency landing in Ladakh; pilots safe
An Apache helicopter of the Indian Air Force (IAF) made an emergency landing during an operational sortie in Ladakh and it sustained damage due to “undulating” terrain and high altitude, the IAF said on Thursday. The IAF said the incident took place on Wednesday and both the pilots on board are safe. It was the […]
Vistara cancels flights on Thu; efforts continue to address pilots’ issues
Vistara continued to cancel flights on Thursday as the Tata Group works to address pilot issues, while fares spiked in some routes due to cancellations, according to sources and travel industry executives. A day after Vistara CEO Vinod Kannan apologised to pilots about the issues and assured them of taking steps to resolve them, the […]