Wind energy manufacturer Inox Wind shares jumped as much as 8.93 per cent to hit an intraday high of Rs 645.75 apiece, on Tuesday. This comes after the company announced that its board of directors will meet on April 25, to consider and approve the proposal for issuance of bonus equity shares to the shareholders […]
Day: April 24, 2024
K.P. Energy secures wind power project; share hits 5% upper circuit
Energy company K.P. Energy shares soared on Tuesday, and are locked in 5 per cent upper circuit at Rs 409.85 apiece. On the other hand, S&P BSE Sensex was trading 0.24 per cent higher at 73,825.57 levels. The surge came after K.P. Energy secured an order for development of a 9MW wind power project in […]
10 killed as 2 Malaysian military choppers collide and crash while training
Two Malaysian military helicopters collided and crashed during a training session on Tuesday, killing all 10 people on board, the navy said. The helicopters were rehearsing at a naval base in northern Perak state for the navy’s 90th anniversary celebration next month when the accident occurred, the navy said in a brief statement. All victims […]
SBI Surya Ghar Scheme for solar rooftop financing: All you need to know
The government recently launched a campaign to raise awareness and generate applications from interested households for the Surya Ghar Muft Bijli Yojana for rooftop Solar Scheme. The SBI Surya Ghar Yojna for Solar Rooftop is offering loans for the installation of solar panels on rooftops. Here are some important FAQs on the SBI Surya Ghar […]
12 offshore funds investing in Adani Group breached disclosure rules: Sebi
India’s market regulator, the Securities and Exchange Board of India (Sebi), uncovered that twelve offshore funds investing in Adani Group companies had breached disclosure regulations and exceeded investment limits, as reported by Reuters, citing unnamed sources. Reuters had first reported that Sebi had discovered breaches of disclosure rules by listed entities and offshore funds exceeding […]
Dubai Airport now operating at full capacity: CEO a week after floods
The Dubai International Airport, the world’s busiest for international travel, is operating at full capacity, authorities announced on Tuesday, a week after unprecedented torrential rains lashed the Arabian Peninsula and flooded many areas in the UAE. Starting last Tuesday evening, tens of thousands of air passengers were stranded at the waterlogged Dubai International as it […]
IndiGo to introduce entertainment unit on trial basis on Delhi-Goa route
IndiGo will introduce in-flight entertainment content through its app on a three-month trial basis on the Delhi-Goa route from May 1. It will be the first time that the country’s largest airline will offer in-flight entertainment content for passengers. In a release on Tuesday, the carrier said it will offer in-flight entertainment content on a […]
Airlines have to sit children younger than 12 with parents: Regulator
India’s aviation regulator has asked airlines to ensure that children younger than 12 get to sit with their parents or guardians, giving the direction after observing that the safety practice was not observed. “Airlines shall ensure that children up to the age of 12 years are allocated seats with at least one of their parents/guardians, […]
Boeing expects slower growth in 787 production rate and deliveries
Boeing expects a slower increase in the production rate and deliveries of its 787 widebody jets as the US planemaker wrestles with supplier shortages “on a few key parts,” an executive on the program told workers on Monday. Boeing still plans to steadily increase its rate to meet “strong demand,” according to the memo seen […]
DGCA directs airlines to seat kids up to 12 years with their parents
A child, who is less than 12 years of age, must be allotted a seat beside at least one parent or a guardian with whom he is traveling, the Directorate General of Civil Aviation (DGCA) told airlines on Tuesday. The DGCA has said that the air transport circular on unbundling of services and fees by […]
Baltimore leaders accuse ship’s owner of negligence in bridge collapse
The owner and manager of the massive container ship that took down the Francis Scott Key Bridge last month should be held fully liable for the deadly collapse, according to court papers filed Monday on behalf of Baltimore’s mayor and city council. The two companies filed a petition soon after the March 26 collapse asking […]