India’s low-cost carrier SpiceJet Ltd said on Wednesday that chief financial officer Sanjeev Taneja had resigned amid widening losses and a series of mid-air incidents. The airline on Wednesday reported widening of net loss to Rs 789 crore in the June quarter as high fuel prices and rupee depreciation adversely impacted the budget carrier. The […]
Category: The Telegraph
Telegraph
SpiceJet Delhi-Nashik flight returns midway due to ‘autopilot snag’
A SpiceJet flight that took off for Nashik in Maharashtra from the Indira Gandhi International Airport here on Thursday morning returned midway to the city due to an ‘autopilot’ snag, a DGCA official said. The Boeing 737 aircraft landed safely, he said. SpiceJet B737 aircraft VT-SLP, operating flight SG-8363 (Delhi-Nashik) on Thursday was involved in […]
Commercial LPG to cost less, but no change in price of domestic cylinders
The price of commercial LPG used in hotels and restaurants on Thursday was slashed by Rs 91.5 per cylinder on softening international prices, but oil companies have made no changes in rates of domestic cooking gas and rather began imposing limits on refills a user can order in a fortnight. The price of a 19-kg […]
Hunt for new ONGC chief begins
Six candidates, including Bharat Petroleum Corporation chairman Arun Kumar Singh and Engineers India head Vartika Shukla on Saturday appeared for an interview before a search-cum-selection committee that is looking for a new head for India’s top oil and gas producer ONGC, sources said. The panel had called nine candidates, including ONGC’s outgoing chairperson Alka Mittal […]
Concern rises: Russia claims Ukrainian shelling hit building where nuclear fuel is stored
Concern about the potential for a radiation leak at Europe’s largest nuclear power plant persisted as Ukrainian authorities said on Saturday that Russian forces fired on areas just across the river and Russia claimed Ukrainian shelling hit a building where nuclear fuel is stored. Authorities were distributing iodine tablets to residents who live near the […]
Maharashtra: Drone spotted above Army’s CATS campus in Nashik
Authorities at the Combat Army Aviation Training School (CATS) in Gandhinagar in Maharashtra’s Nashik have lodged a complaint with police after a drone was spotted for a brief while above the sprawling campus before disappearing, an official said on Sunday. The drone was spotted over the campus along the Nashik-Pune Highway at around 10pm on […]
Drunk man makes hoax bomb threat to Dubai-bound flight, lands in police net
An inebriated man who wanted to prevent his family members from travelling out of the country on Saturday made a hoax bomb threat to a Dubai-bound private carrier, only to land in the police net. The city resident wanted to prevent two of his family members from flying to Dubai and made the threat call […]
DGCA removes pilot from flight duty due to drug test fail
A pilot of a prominent airline has been removed from flight duty after he failed a drug test, a senior DGCA official said on Friday. He is the fourth pilot to fail the drug test since the procedure for examination of aviation personnel for consumption of psychoactive substances came into effect from January 31. The […]
India has shown great interest on proposal of capping Russian oil price, says US official
US Deputy Secretary of Treasury Wally Adeyemo on Friday said India has “shown great interest” with respect to the proposal of capping Russian oil price. The price cap will ensure that there is a reduction in revenues for Russia, he said during a media interaction here. The US has imposed sanctions on Russia in the […]
AM/NS buys Essar assets
ArcelorMittal Nippon Steel (AM/NS) is acquiring certain port and power infrastructure assets from the Essar group for $2.4 billion, or Rs 19,000 crore, in one of India’s largest post-pandemic M&A deal. The deal also envisages a 50-50 joint venture between Essar and ArcelorMittal to build a 4 million tonnes (mt) a year LNG import terminal […]
ED arrests Jharkhand businessman in coal case
The Enforcement Directorate (ED) arrested a Ranchi-based businessman early on Thursday in connection with a case of illegal coal mining following raids to probe a money-laundering charge. Prem Prakash Sahu, believed to have close connections with bureaucrats and politicians, was in the afternoon remanded in six days’ ED custody for further questioning. Against the backdrop […]
Ukraine’s N-plant temporarily cut off from power grid
Ukraine’s largest nuclear power plant was briefly disconnected from the nation’s power grid for the first time in its history, according to Ukrainian officials, leading to large-scale power outages in nearly all the Russia-occupied cities of southern Ukraine. The Zaporizhzhia Nuclear Power Plant — which provides one-fifth of Ukraine’s electricity — was still able to […]