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, […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
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. […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
NEW DELHI: Grip, an alternative investment platform, has announced that it has become India’s first company to provide lease financing opportunities in drones, to retail investors. Grip and Aarav Unmanned Systems (AUS) entered into a first-of-its-kind unique lease financial deal worth Rs 3.75 crore that paves the way for retail investors to invest in the […]
Continue Reading
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 […]
Continue Reading
NEW DELHI: Only 87 of the approximately 9,000 pilots working with Indian carriers are from foreign countries, Minister of State for Civil Aviation Gen V K Singh(V) said on Monday. A total of 404 foreign pilots were working in India as on June 10, 2019, according to government data. “There is no shortage of pilots […]
Continue Reading