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IndiGo anticipates increased groundings in Q4 due to Pratt & Whitney’s powder metal issue

Nov 8, 2023

New Delhi, Nov 7 (IANS) IndiGo on Thursday said that following additional information on powder metal issue from Pratt & Whitney and based on the airline's preliminary assessment, it is anticipated that Aircraft on Ground (AOG) to be in the range of mid thirties in the fourth quarter (January-March 2024) due to accelerated engine…

Malaysia Airlines to fly to Thiruvananthapuram

Nov 7, 2023

Thiruvananthapuram, Nov 7 ( IANS) The Thiruvananthapuram International Airport is all set to receive its first direct flight from Kuala Lumpur, the capital city of Malaysia on Thursday.The flight will be operated by Malaysia’s flag carrier…

Business

NDB $10bn loan reaps eco benefits to 400mn people in 5 Covid-hit nations, including India

Nov 7, 2023

New Delhi, Nov 7 (IANS) New Development Bank's (NDB) $10 billion loan benefitted 400 million people in its founding member countries of Brazil, Russia, India, China and South Africa and successfully helped them in its COVID-19 economic…

Business

Incredible India! being showcased at London tourism meet

Nov 7, 2023

New Delhi, Nov 7 (IANS) The Union Ministry of Tourism on Tuesday launched the Incredible India Pavilion at World Travel Market (WTM) 2023 in London to showcase the country’s varied tourism products and series of transformative experiences…

Business

Centre releases Rs 72,961.21 crore to states ahead of festive season

Nov 7, 2023

New Delhi, Nov 7 (IANS) The Union Government has authorised the release of tax devolution to the tune of Rs 72,961.21 crore to state governments for the month of November 2023 just ahead of the festive season.This will enable the state…

Business

Day without internet would cost $43 bn globally: Report

Nov 7, 2023

New Delhi, Nov 7 (IANS) If the internet goes down globally for even just a single day, it would cost $43 billion, with the US and China making up almost half of the sum together, which is $21 billion, a new report has said.According to the…

Business

Israel-Hamas war has driven up gold prices by up to 15%: Crisil

Nov 7, 2023

New Delhi, Nov 7 (IANS) The ongoing conflict in the Middle East, has caused only negligible disruption in India’s trade so far but has driven up prices of gold and crude oil.Their trajectories will bear watching, especially crude oil, given…

Business

HCLTech, Cisco launches Meeting-Rooms-as-a-Service for workplaces

Nov 7, 2023

New Delhi, Nov 7 (IANS) Global technology company HCLTech on Tuesday launched Meeting-Rooms-as-a-Service (MRaaS) in collaboration with the global networking giant Cisco. Available on a subscription model, this solution modernises legacy…

Business

DGCA issues show cause notice to Air India for non-compliance with passenger-centric regulations

Nov 7, 2023

New Delhi, Nov 7 (IANS) Signalling its unwavering dedication to safeguarding passenger interests, aviation watchdog DGCA has issued a "show cause notice" to Air India for non-compliance of passenger-centric regulations."The DGCA has…

Business

Italy asks Airbnb to pay $835 mn over alleged tax evasion

Nov 7, 2023

London, Nov 7 (IANS) Hospitality major Airbnb has been ordered by an Italian public prosecutor to pay $835.5 million (779.5 million euros) over alleged tax evasion, the media reported on Tuesday. According to the prosecutors, Airbnb…

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