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Aviation regulator DGCA had flagged safety issues concerning Tecnam aircraft over a month before a Tecnam P2006T training aircraft crashed in Kanpur on August 27, killing a trainee pilot and an instructor. The Directorate General of Civil Aviation (DGCA) had also issued safety recommendations to flying training organisations (FTOs) concerning the Tecnam aircraft and asked…
Quaise Energy has successfully raised $180 million for its groundbreaking superhot geothermal plant initiative. Utilizing cutting-edge microwave technology, the project vaporizes rock instead of using conventional drill bits. Collaboration with Nabors Industries will provide essential drilling expertise and equipment. The Obsidian Project, located in Oregon, is set to generate 50 MW by 2030, paving the…
The injury means Neeraj Chopra will be unable to defend his two-time Asian Games gold medal in the javelin throw event at the 2026 Asian Games in Aichi-Nagoya
Upcoming IPOs: Three mainboard IPOs – Purple Style Labs IPO, Deepa Jewellers IPO and Rays of Belief IPO – will collectively raise over ₹1,265 crore next week.
HDFC Bank’s chief executive will not seek reappointment after October twenty-sixth. This succession occurs amid ongoing governance scrutiny and recent regulatory issues. The bank’s shares have significantly underperformed its peers and the broader market. A new leader must restore investor confidence and address business challenges. The transition is crucial for HDFC Bank’s future growth trajectory…
ONGC seeks dedicated deepwater drillship capacity for its exploration program. The state explorer issued an expression of interest for rig-broking consultants. This initiative supports the Mission Samudra Manthan national offshore exploration scheme. The government will provide financial support for deepwater exploration wells. ONGC aims to boost domestic oil and gas production significantly.
Trading sentiment in the stock market this week will be largely guided by the domestic GDP data announcement, crude oil prices, and the US non-farm payrolls report, analysts said. Besides, macroeconomic data announcements, auto sales numbers and trading activity of foreign investors would also guide movement in the market going ahead, they added. “The coming…
The DGCA had previously flagged safety concerns regarding Tecnam aircraft. These issues were raised over a month before the recent Kanpur training plane crash. The regulator had issued specific safety recommendations to flying training organizations. These recommendations followed an earlier crash investigation into a Tecnam P2006T. The DGCA advised immediate implementation of these crucial safety…
Prime Minister Narendra Modi on Sunday appealed to citizens to join hands to free India from the menace of drug abuse, and build a stronger future for the youth. In his monthly radio address ‘Mann Ki Baat’, Modi noted that the ‘Drug-Free Youth for a Developed India’ campaign is gaining momentum across the entire country….
State Bank of India (SBI) and its subsidiary SBI Capital Markets Ltd together plan to dilute up to 1 per cent stake in the National Stock Exchange (NSE) through the exchange’s proposed Rs 30,000-crore initial public offering (IPO). The bank is participating in the NSE IPO and will dilute a 0.65 per cent stake in…