Chaos amid Indigo flight cancellations NEW DELHI: India’s largest airline IndiGo is scrambling to restore stability after a week of unprecedented operational chaos sparked by the rollout of revised Flight Duty Time Limitations (FDTL) for pilots. The disruption, which began on December 2, quickly snowballed into one of the worst aviation meltdowns the country has…
The aerospace company is buying Spirit AeroSystems, which makes the bodies of the 737 Max jet, two years after a part of that plane blew away during a flight. Source link
India’s Unified Payments Interface (UPI) has been recognised as the world’s largest retail real-time payment system by transaction volume, accounting for nearly half of all such transactions globally, the government told Parliament on Monday.Citing an International Monetary Fund (IMF) report titled ‘Growing Retail Digital Payments (The Value of Interoperability)’ dated June 2025, the government said…
The developer of ICEBlock, which notifies users of ICE agent sightings, said Attorney General Pam Bondi censored his free speech. Source link
IBM on Monday announced a major acquisition to strengthen its artificial intelligence capabilities, agreeing to buy data streaming platform Confluent in a cash deal valued at $11 billion.The US technology major said it has signed a definitive agreement to acquire all issued and outstanding common stock of Confluent Inc. for $31 per share in cash,…
The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix. Source link
Shares of InterGlobe Aviation, the parent of IndiGo, remained under heavy pressure on Monday, extending a sharp sell-off that has wiped out more than Rs 37,000 crore in market value in less than a week, as operational turmoil rattled investor confidence.The stock slid as much as 10% to Rs 4,842 during intraday trade, marking its…
People who have insurance under the Affordable Care Act are being asked to pay more for plans that will cover less of their care. Source link
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…
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…
