After years of delays and stumbles, Boeing is finally poised to launch astronauts to the International Space Station for NASA. It’s the first flight of Boeing’s Starliner capsule with a crew on board, a pair of NASA pilots who will check out the spacecraft during the test drive and a weeklong stay at the space […]
Month: May 2024
Bomb threat: Security beefed up at Karnataka’s Mangaluru Int’l Airport
Security has been beefed up at the Mangaluru International Airport (MIA) after the airport authorities received an email about a bomb scare, police said on Saturday. Following the threat received on April 29, the CISF and the police got into multiple levels of security sweeps all over the airport. A First Information Report has been […]
Air India reduces cabin baggage allowance to 15 kg for lowest fare segment
Loss-making Air India has reduced the free cabin baggage allowance to 15 kilogram from 20 kilogram for the lowest economy fare segment on domestic flights. The changes have been made in the menu-based pricing model fare families that were introduced by the Tata Group-owned Air India last August, with the airline saying that a one-size-fits-all […]
Go First won’t move against Delhi High Court order, set for liquidation
Go First will not challenge the Delhi High Court order that told the Directorate General of Civil Aviation (DGCA) to deregister all its 54 aircraft by Friday (May 3), and is heading towards liquidation, people in the know told Business Standard. Lenders told the newspaper the only option that remained was liquidation. They said they […]
AI pilot operates experimental F-16 fighter jet: What this means for war
With the midday sun blazing, an experimental orange and white F-16 fighter jet launched with a familiar roar that is a hallmark of US airpower. But the aerial combat that followed was unlike any other: This F-16 was controlled by artificial intelligence, not a human pilot. And riding in the front seat was Air Force […]
Air India to resume flight services between Delhi-Tel Aviv on May 16
Air India on Friday said it will resume flight services between Delhi and Tel Aviv on May 16. The airline has temporarily suspended flights to and from Tel Aviv amid tensions in the Middle East. In a post on X, Air India said it will resume “services between Delhi and Tel Aviv with five weekly […]
Indian EV startup extends offer to Tesla interns spurned by Elon Musk
Bengaluru-based electric vehicle startup Pravaig Dynamics has made offers to Tesla interns, who saw their offers getting revoked weeks before their start date, inviting them to join the Silicon Valley of India that will recognize and appreciate their talents. Tech billionaire Elon Musk’s latest cost-cutting victims are summer interns with his flagship Tesla Inc, rescinding […]
Coal India rallies 4% on decent quarter; brokerage retains ‘Buy’ on stock
Shares of Coal India shot up by 4.1 per cent at Rs 472 a piece on the BSE in Friday’s intraday trade. This came after the company delivered a decent growth in its fourth quarter results for financial year 2023-24 (Q4FY24) The national miner Coal India reported a 17.8 per cent jump in its year-on-year […]
US approves Exxon-Pioneer deal, alleges shale founder colluded with Opec
U.S. regulators gave the go-ahead on Thursday to Exxon Mobil’s $60 billion purchase of Pioneer Natural Resources, but barred Pioneer’s former CEO from Exxon’s board on allegations he attempted to collude with OPEC to raise oil prices. Former Pioneer CEO Scott Sheffield coordinated efforts with U.S. shale oil producers to constrain their output and raise […]
Adani Green Energy Q4 results: Net profit declines 39% to Rs 310 cr
Adani Green Energy Ltd (AGEL) on Friday posted a 38.85 per cent decline in consolidated net profit to Rs 310 crore for the March quarter, mainly on account of increased expenses. Its net profit was Rs 507 crore in the January-March period of the preceding 2022-23, the company said in an exchange filing. During the […]
Adani Group faces Sebi scrutiny; show-cause notices issued to 6 firms
Six Adani Group firms have come under the Securities and Exchange Board of India (Sebi) lens and have received show-cause notices for alleged breaches in related party transactions and non-compliance with listing regulations, said the companies in their regulatory filings to the stock exchanges. Among these, Adani Enterprises, the flagship of Gautam Adani’s business empire, […]
Pvt helicopter going to pick Shiv Sena (UBT) leader tilts in Maha’s Raigad
The pilot of a helicopter was injured after it tilted during landing in Maharashtra’s Raigad district on Friday, a police official said. The chopper was scheduled to pick Shiv Sena (UBT) leader Sushma Andhare for a public rally in connection with the ongoing Lok Sabha polls, he said. The helicopter got tilted when the pilot […]