NEW DELHI: Union aviation minister Jyotiraditya Scindia on Tuesday gave the first “type certificate” (TC) under Drone Rules, 2021, to Gurugram-based IoTechWorld Aviation that was established in April 2017 and is one of India’s leading kisan drone manufacturers. IoTech has received the TC in 34 days after submission of its online application on the DGCA’s […]
Category: The Times of India
Times of India
Protest on flight with Kerala CM on board: IndiGo begin probe under unruly flyer rules
NEW DELHI: IndiGo has begun a probe into the sloganeering by two Congress workers on a commercial flight with Kerala CM Pinarayi Vijayan which reportedly saw a LDF leader pushing the protestors. Possibly India’s first inflight political demonstration, the behaviour of the three passengers (not the CM, who was seated) on board Monday’s 6E 7407 […]
Tata airlines’ consolidation begins: CCI approves Air India acquiring entire stake in AirAsia India
NEW DELHI: Paving way for consolidation among the four Tata Group airlines, the Competition Commission of India (CCI) approved acquisition of entire shareholding in Air Asia India by Air India. The Group plans to have AI, which it took over this January, as its flagship carrier and merge the low cost airlines AirAsia India and […]
Upcountry petrol pumps run dry as demand spurt stretches tanker fleet
NEW DELHI: Upcountry petrol pumps of state-run fuel retailers are suffering intermittent dry spells as curtailment by private players drives retail and bulk consumers public sector outlets, stretching their tanker fleet that were already coping with rising demand from the farm sector and holiday season road traffic. Panic buying has added to the problem by […]
Air India fined Rs 10 lakh for not paying off flyers denied boarding
NEW DELHI: The Directorate General of Civil Aviation has fined Air India Rs 10 lakh after finding that the airline was violating rules for denying boarding — like denying compensation — to passengers holding confirmed tickets and who report to airports well in time for their flights. DGCA head Arun Kumar had recently warned airlines […]
SpiceJet secures key certifications for international cargo operations into EU and the UK
PUNE: SpiceJet on Monday announced that it has secured RA3 (Regulated Agent Third country) and ACC3 (Air Cargo or Mail Carrier operating into the Union from a Third Country Airport) certifications. The certifications will allow SpiceJet to not only transport mail and cargo on its own airplanes under its Air Operator Permit but also handle […]
Griffin global assessment management mandates the purchase of five Boeing aircrafts for Akasa Air
PUNE: Griffin Global Asset Management recently announced the mandate for purchase and leaseback of five Boeing 737-8 aircraft with Akasa Air, the new India based airline. The aircraft deliveries are scheduled to begin in June this year and will include Akasa Air’s first several aircraft. “We were introduced to Akasa Air’s management team over a […]
IndiGo transfers live heart from Vadodara to Mumbai
PUNE: IndiGo successfully transported a live organ – a donated heart – from Vadodara to Mumbai on flight 6E 6734 on June 7, airline officials said on Monday. The airline also supported the Global Hospitals’ heart transplant team in arranging logistic support to transport the live organ in Vadodara and Mumbai. IndiGo team safely transferred […]
Torrent Power completes acquisition of 50 MW Solar Power Plant from SkyPower Group
AHMEDABAD: Reaffirming its inclination to add renewable energy capabilities, Torrent Power Limited on Monday announced it has completed the acquisition of the 50MW power plant from Sunshakti Solar Power Projects (special purpose vehicle). The SPV operates the plant in Telangana and the deal has been closed for Rs 416 crore. With the acquisition of 50 […]
Russia overtakes Saudi Arabia to become India’s 2nd biggest oil supplier
NEW DELHI: Russia has overtaken Saudi Arabia to become India’s second-biggest supplier of oil behind Iraq as refiners snap up Russian crude available at a deep discount following the war in Ukraine, industry data showed. Indian refiners bought about 25 million barrels of Russian oil in May or over 16 per cent of all their […]
India’s oil imports in May rose to 2-1/2 year high: Report
NEW DELHI: India’s oil imports in May totalled 4.98 million barrels per day (bpd), the highest since December 2020, as state refiners raised output to meet higher local demand while private refiners turned focus to gain from exports, according to the data from trade sources. Imports in May were about 5.6% up from the previous […]
UAE-based Meta4 to invest Rs 250 crore for electric two-wheeler wheeler plant in India
The United Arab Emirates-based company META4 on Monday announced to invest Rs 250 crore to set up an electric two-wheeler manufacturing plant in Telangana. The plant will help create nearly 500 direct and 2,000 indirect jobs in the state. The Telangana government will provide 15 acres of subsidised land in the national investment and manufacturing […]