Defence manufacturing needs to be brought into the chain of Make in India

NEW DELHI: Speaking at the PHDCCI 2nd International Conference on Defence & Security, Bhanu Pratap Singh Verma, Minister of State for MSME, Government of India said Extensive and valuable contribution of the MSME makes PM Narendra Modi’s vision of Atma Nirbhar Bharat through Make in India a reality. The event witnessed the participation of policymakers, […]

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Raj Subramaniam to become President and CEO of FedEx

NEW DELHI: FedEx has announced that, effective June 1, 2022, Frederick W. Smith, Chairman and Chief Executive Officer, will become Executive Chairman, and Raj Subramaniam, President and Chief Operating Officer, will be promoted to President and CEO. In addition, R. Brad Martin, Chair of the Board’s Audit Committee, is now non-executive Vice Chairman of the […]

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Air Passenger Traffic To Touch 40 Crore By 2023-24: Jyotiraditya Scindia

NEW DELHI: As many as 3.82 lakh passengers undertook air travel daily in the last seven days, giving hopes of revival of the sector scarred by Covid-19, Civil Aviation Minister Jyotiraditya Scindia said on Wednesday as he set a target of nearly tripling total passenger traffic by 2023-24 to 40 crore. Scindia further said that […]

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Asteria Aerospace launches SkyDeck

NEW DELHI: Asteria Aerospace, a drone manufacturer and solution provider in India, has launched its end-to-end drone operations platform – SkyDeck. SkyDeck is a cloud-based software platform to deliver a DaaS solution for multiple industry verticals such as agriculture, surveying, industrial inspections, and surveillance and security. SkyDeck provides a unified dashboard and services for drone […]

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ATF price hiked by steepest ever 18% to all-time high as crude oil surges

NEW DELHI: Jet fuel prices on Wednesday were hiked by over 18 per cent – the steepest ever increase – to all-time high levels after international oil price surged to a multi-year high. The increase – sixth straight this year – led to prices soaring past the Rs 1-lakh-per-kilolitre mark for the first time ever. […]

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Jyotiraditya Scindia bats for paternity leave in airlines; wants 50% women pilots

NEW DELHI: Airlines must consider giving male employees paternity leave so that they, too, can share the responsibility of bringing up children, Aviation Minister Jyotiraditya Scindia said. He also batted for increasing the share of women pilots in the country from 15 per cent to 50 per cent. India passed the Maternity (Amendment) Bill in […]

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Tata Sons chief Chandrasekaran appointed Air India chairman

NEW DELHI: N Chandrasekaran, chairman of Tata Sons, has been appointed as the chairman of Air India by the airline’s board, aviation industry sources said on Monday. Salt-to-software conglomerate Tata Group had on October 8 last year won the bid to acquire debt-laden state-run Air India by offering Rs 18,000 crore for it. Tata Sons […]

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SpiceJet to launch 60 new domestic flights this summer

NEW DELHI: SpiceJet on Monday said it will launch 60 new domestic flights this summer.The summer schedule starts from March 27 and ends on October 29. In a statement, the airline said it will launch eight industry-first flights, which will operate on the Gorakhpur-Kanpur, Gorakhpur Varanasi, Jaipur Dharamshala and Tirupati Shirdi sectors, in the summer […]

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