MARK 1A AIRCRAFT
Why can't we attach assets: HC to SpiceJet
Delhi High Court requests SpiceJet's response on asset attachment to enforce UK court decrees totaling $13.82 million. SpiceJet disputes attachment, citing ongoing fund-raising efforts. Court grants one week for airline to reply.
Tour de France updates: Here is a look at Mark Cavendish' cycling setup worth £180,000
Mark Cavendish is one of the leading cyclists in the global circuit currently and has thousands of dollars worth of cycling equipment which are pivotal in his record-breaking performances in cycling tours, including the ongoing Tour de France 2024.
Beyond Kotak, is there a China connection to the Hindenburg exposé on Adani?
Social media is rife with claims that the wife of Mark Elliot Kingdon, the man on whom the spotlight fell following Sebi's revelations, has had ties with the Chinese Communist Party and thus China could be another actor in the Hindenburg saga.
Sensex target is 1 lakh by December 2025 if bulls keep running at historical CAGR
Sensex surged from 70,000 to 80,000 in under 7 months, hinting at a potential reach of 1 lakh by December 2025 with a 16% historical CAGR. Since its inception at 100 in April 1979, it has grown 800 times at a 15.9% CAGR, suggesting a future landmark by December next year.
IT stocks rally up to 32% in 1 month. Will Q1 results mark end of sluggish revenue growth?
IT sector experiences bullish rally ahead of Q1 results with Tech Mahindra, Coforge, and Infosys emerging as top stock recommendations.
Solar Industries shares surge 11%, crosses 1 lakh crore market cap mark
Solar Industries stock skyrockets to a new high, surpassing 1 lakh crore market cap. Strong performance, explosive innovations, and market resilience drive the surge despite external market challenges.
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Rafale’s India operations get a strategic push; Dassault establishes maintenance facility near Jewar Airport
Dassault Aviation is advancing plans to establish a Maintenance, Repair, and Overhaul (MRO) facility near Jewar International Airport for India’s Mirage 2000 and Rafale fighters. This move supports India's aspiration to locally manufacture the latest Rafale versions under the "Make in India" initiative. Engine maker Safran SA also intends to set up an MRO facility for Rafale engines in Hyderabad, aiming for operations by 2025 and potential local production of M-88 engines. These developments are crucial as India seeks to bolster its defense capabilities amidst regional security challenges, including from China's expanding military presence.
Promoter selling can cross Rs 1 lakh crore mark as retail investors buy using MFs
With retail investors continuing to be on a buying spree using the mutual fund route, the trend of stake sale by promoters in NSE500 companies looks on track to cross the Rs 1 lakh crore mark.
ETtech Deals Digest: Startups raise $1.71 billion in June 2024, marking a 148% on-year increase
The fundraise was done by startups in the early and late stages across 85 rounds, said private market intelligence platform Tracxn.
NEET-UG retest: 750 of 1,563 candidates awarded grace marks skip retest
A retest of 813 out of 1,563 candidates who were previously awarded grace marks in NEET-UG was conducted at seven centres following a Supreme Court order. The grace marks were awarded to compensate for the late start of the exam. The NTA debarred 17 candidates from Bihar and 30 from Gujarat's Godhara.
Are flights being delayed due to a heatwave?
The US is experiencing extreme levels of high temperature this summer. This has led to heatwave warnings being issued in many states. In this context, experts point out that flights are being delayed.
Decision on 1,563 NEET candidates taken as per students' conformity, says Union Minister Giriraj Singh
Union Minister Giriraj Singh highlighted that decisions regarding 1,563 NEET-UG candidates receiving "grace marks" were made in accordance with student feedback. Education Minister Dharmendra Pradhan assured transparency in handling alleged irregularities, emphasizing no paper leak occurred. The National Testing Agency plans re-exams for affected candidates following Supreme Court directives
IndiGo looking at various options for financing wide-body planes
IndiGo is exploring financing options for wide-body planes joining in 2027. CEO Pieter Elbers emphasized the importance of a strong balance sheet. The airline has a fleet of 360+ planes and 2 leased Boeing 777s from Turkish Airlines.
Boeing hit with $72 million verdict in EV aircraft trade secrets case
Zunum Aero wins $72 million in trade secrets case against Boeing in Seattle. Boeing copied Zunum's technology, leading to $81.2 million award. Jury also awards $11.6 for tortious interference.
This is the shortest flight in the world and it takes just one and a half minutes
A flight between two Scottish islands holds the record for being the shortest-operated flight. The actual flying time is less than one minute.
'The Smashing Machine': First look released. Know how Dwayne Johnson transforms into Mark Kerr
'The Rock' will be back in the ring in reel life as visuals from Benny Safdie's 'The Smashing Machine' create havoc on social media where Dwayne is seen in action.
PGA Championship: Xander Schauffele takes Day 1 lead with lowest single round score in Major history
The 106th PGA Championship saw a rare upset among the players, with Sahith Theegala securing an impressive 65, while Xander Schauffele shot 62, the fourth in major championship history. Schauffele now holds the lowest single round score in major championship history at nine-under, with 64 golfers shooting red numbers. The 30-year-old has a dozen top ten finishes in major golf, just one less than Rickie Fowler. Tiger Woods, despite being bruised and battered, remains optimistic, despite age and injury.
Indian Air Force's first LCA Mark 1A fighter aircraft set for July delivery, HAL accelerates indigenous aircraft program
Hindustan Aeronautics Limited (HAL) is set to deliver the first LCA Mark 1A fighter aircraft to the Indian Air Force (IAF) by July, after a brief delay. The aircraft's delivery, initially planned for February-March, was postponed due to technical reasons. HAL conducted the first successful flight of the indigenous fighter last month and is currently undergoing integration trials. The induction of the LCA Mark 1A marks a milestone in India's military self-reliance, with an order for 83 planes already placed and another order for 97 planes expected by the end of the fiscal year.
Qantas to operate daily flights between Bengaluru and Sydney from December to March next year
Qantas' flights from India are operated with its fleet of Airbus A330 aircraft with 27 Business Class suites in 1- 2-1 configuration, with each suite featuring direct aisle access and converting into a lie-flat bed. All Qantas international fares include checked baggage allowance, food and beverages and in-flight entertainment as standard with every booking.
Airbus confirms IndiGo's A350 aircraft order
On Monday, Airbus confirmed IndiGo's order for 30 Airbus A350-900 aircraft, to be delivered from 2027. The confirmation indicates IndiGo's partial payment for delivery slots. The order's list price amounts to $12 billion, yet bulk orders typically receive substantial discounts
Commercial jet maker Airbus is staying humble even as Boeing flounders. There's a reason for that
In the ongoing competition between Airbus and Boeing for dominance in the commercial aircraft market, Airbus has been consistently outperforming Boeing in both orders and deliveries for the past five years. This trend has been fueled by Airbus's development of fuel-efficient aircraft and its ability to meet demand faster than Boeing.
Air India's Airbus A350 marks International debut
The launch of flight on this route marks the international debut of Air India's recently acquired aircrafts, making it the sole carrier to operate the A350 between India and Dubai.
Rampage Missiles inducted by Indian Air Force, Navy; Boost to long-range precision strikes
The Indian Air Force has bolstered its fighter aircraft fleet with the induction of the Rampage long-range supersonic air-to-ground missiles, capable of striking targets up to 250 km away. This missile, known as the High-Speed Low Drag-Mark 2 missile in the Indian Air Force, was utilized extensively by the Israeli Air Force in recent operations against Iranian targets. The Rampage has been integrated into the Russian-origin aircraft fleet, including Su-30 MKI, MiG-29, and Jaguar fighters, and also into the Indian Navy's MiG-29K fleet.
HAL, NAL sign tech transfer pact for Tejas engine day door production
With the signing of the technology transfer for Bismaleimide (BMI) Engine Bay Door (EBD), HAL can directly produce these high temperature resistant composite parts for the series production of LCA Mk1A aircraft meeting the initial requirement of IAF squadrons, a joint statement said.
Air India set to deploy A350 aircraft on Delhi-Dubai route from May 1
Air India has announced the deployment of its recently onboarded A350 aircraft on the Delhi-Dubai route from May 1, 2024. Operating as AI995/996, the aircraft will depart daily from Delhi and arrive at Dubai International Airport at 22.45. The modern A350 features 28 private suites in Business Class, a dedicated Premium Economy section, and 264 seats in Economy Class.
HAL bags biggest-ever indigenous military hardware order; to supply 97 LCA Mark 1As @Rs 65,000 cr
The indigenous fighter aircraft programme, fully backed by Defence Ministry and Air Headquarters is set to be a big boost for promoting indigenisation as well as give major business to the small and medium enterprises engaged in defence business across the country, officials said.
LCA Mark 1A aircraft completes first flight in Bengaluru
The indigenous LCA Mark 1A fighter completed its first flight in Bengaluru. Indian Air Force signed a Rs 48,000 crore contract for 83 planes, with clearance for 97 more. HAL conducted ground trials. Air Chief Marshal VR Chaudhari mentioned 220 LCA mark 1As. Ideal to replace MiG-series planes.
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