‘Significant lapses in planning’: Moody’s slams IndiGo; terms flight disruptions ‘oversight’

Credit rating agency Moody’s has flagged IndiGo’s recent flight disruptions as credit negative, saying the airline failed to adequately plan for aviation regulations that had been known well in advance. The rating agency said the large-scale cancellations and delays point to significant lapses in planning and operational oversight, even though the revised Flight Duty Time…

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United Heat Transfer Limited

United Heat Transfer Limited has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. |SUBJECT: Disclosure under SEBI Takeover Regulations Source link

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Nepal Charges Chinese Construction Firm for Corruption Over Airport

Nepal’s anti-graft watchdog has charged 55 people, including five former government ministers with corruption, accusing them and a Chinese state-owned company of inflating the construction costs of an international airport in Pokhara, the country’s second-biggest city. After a monthslong probe, the Nepali authorities said on Sunday that executives of China CAMC Engineering Company, the construction…

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After wedding cancelled, Smriti Mandhana’s brother shares important update on her next move | Cricket News

Smriti Mandhana with Palash Mucchal India’s vice-captain Smriti Mandhana has returned to cricket training following the announcement of her wedding cancellation with composer Palash Muchhal. She was seen practising at what appeared to be a private facility.Her brother Shravan Mandhana shared a photo on Instagram showing Smriti in full cricket gear, facing throwdowns. The image,…

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Asian banks are healthier! Lenders across Asia–Pacific stronger than the US; what Moody’s report shows

Banks across the Asia–Pacific region are displaying stronger capital health than lenders in the United States and Western Europe, Moody’s said in its latest survey. The agency’s comparison of the largest banking institutions across major markets shows Asia–Pacific banks have accumulated strong capital levels under what it describes as tighter and more cautious regulatory oversight.The…

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