Canada has said it takes any “threat” to aviation “extremely seriously” and is investigating online warnings, days after a banned pro-Khalistani group warned Air India passengers against travelling on November 19. Founder of the outlawed Sikhs for Justice (SFJ) Gurpatwant Singh Pannun recently released a video threatening passengers of Air India flights on November 19, […]
Category: The Telegraph
Telegraph
Air India and Vistara merger remains on course: Singapore Airlines
Singapore Airlines on Tuesday said the proposed merger of Air India and Vistara “remains on course” and is subject to approvals from regulators as well as competition authorities in several jurisdictions. Once the merger is complete, Singapore Airlines (SIA) will have a 25.1 per cent stake in Air India. Currently, Singapore Airlines owns a 49 […]
IndiGo says it expects at least 35 planes to be grounded due to P&W engine issue
IndiGo on Tuesday said it expects at least 35 planes to be grounded due to a powder metal issue with the Pratt & Whitney (P&W) engines during the March quarter next year. The country’s largest airline has nearly 40 aircraft on the ground due to other issues with the P&W engines. The carrier, which had […]
Vedanta Resources and Zambian govt finalise agreement to restore ownership of Konkola Copper Mines
Vedanta Resources and the Zambian government have finalised an agreement which will restore the ownership and management of Konkola Copper Mines to the conglomerate. The agreement was signed on Monday between state firm ZCCM-IH and Vedanta’s head of base metals Chris Griffith in Lusaka, according to Reuters. Zambia seized the Konkola mine from Vedanta in […]
Aviation watchdog DGCA issues show cause notice to Air India
Aviation watchdog DGCA has issued a show cause notice to Air India for non-compliance with norms pertaining to facilities that are required to be provided to passengers. Last year, the regulator imposed a penalty of Rs 10 lakh on Air India for not complying with the provisions of Civil Aviation Requirement (CAR) on denied boarding […]
Hindustan Petroleum to set up battery swapping outlets in partnership with Gogoro Inc
Gogoro Inc has tied up with Hindustan Petroleum Corporation Ltd (HPCL) to set up battery swapping stations in the country. The Nasdaq-listed company will build the battery-swapping infrastructure for electric two-wheelers at HPCL’s 21,000 retail outlets. “We are announcing a partnership with HPCL to roll out thousands of Gogoro battery swapping stations across its retail […]
Indian Oil Corporation acquires 100 per cent stake in Mercator Petroleum for about Rs 148 crore
State-owned Indian Oil Corporation (IOC) has acquired Mercator Petroleum for about Rs 148 crore in an insolvency proceeding, according to regulatory filings by the company. “The resolution plan submitted by IOC for the acquisition of 100 per cent stake in Mercator Petroleum Limited (MPL) has been approved by the National Company Law Tribunal, Mumbai Bench […]
Reliance Industries, BP plc of United Kingdom links gas price to Brent crude oil index
Reliance Industries Ltd and its partner BP plc of the UK have reverted to oil indexation for pricing the gas they produce from India’s largest private-sector operated field in the KG basin as they look to tap into the upside from the buoyant oil market. Reliance and BP in a tender have sought bids from […]
Directorate General of Civil Aviation proposes changes to flight crew duty norms
Aviation regulator DGCA has proposed various changes to norms governing duty timings of flight crew, including more rest time for pilots, amid concerns over fatigue. In recent times, the issue of fatigue among pilots has come to the fore, especially after the death of an IndiGo pilot, who had collapsed at the boarding gate of […]
Air India to add 30 new planes in next six months, fly to four more overseas destinations
Air India on Friday said it expects to induct more than 30 new planes, add over 400 weekly services and operate to four new international destinations in the next six months. Providing details about its ongoing network and fleet augmentation efforts, the Tata Group-owned airline said international expansion is planned in North America, Europe, and […]
India’s coal production rises 19 per cent to 78.65 million tonne in October
India’s coal output increased 18.59 per cent to 78.65 million tonne (MT) in October. The country produced 66.32 MT in the corresponding month of previous fiscal year. Coal output by state-owned CIL increased 15.36 per cent to 61.07 MT in October this year as compared to 52.94 MT in the year-ago period, the coal ministry […]
NTPC produces 19 million tonnes coal from captive mines in April-October; supply at 20 million tonnes
NTPC has produced 19.117 million tonnes (MT) of coal from its captive mines during the April-October period of the ongoing fiscal, a year-on-year rise of 86 per cent. It had produced 10.282 MT in the nine-month period of the preceding 2022-23 financial year, the company said in a statement on Thursday. In addition, NTPC has […]