Operations

Airbus, Thales plan to combine some space activities: report

Airbus, Thales plan to combine some space activities: report

16 Jul 2024

European aerospace majors Airbus and Thales are reported to be planning to combine some of their space-based activities, with a focus on satellite operations,

ASML charts major expansion in Netherlands with new facility in Eindhoven

ASML charts major expansion in Netherlands with new facility in Eindhoven

23 Apr 2024

ASML, the world’s largest supplier of computer chip making equipment and the largest technology player in the Netherlands, is planning a major expansion with the opening of a major facility in the Dutch city of Eindhoven, employing around 20,000 people.

Tata Motors to spin off commercial and passenger vehicle businesses

Tata Motors to spin off commercial and passenger vehicle businesses

05 Mar 2024

Tata Motors on Monday announced plans to spin off its commercial vehicle and passenger vehicle divisions into separate businesses. This will be done by demerging the two divisions and merging each with related businesses, Tata Motors stated in a stock exchange filing.

APEDA facilitates first sea freight of pomegranates to US

APEDA facilitates first sea freight of pomegranates to US

04 Mar 2024

Agricultural Processed Food Products Export Development Authority (APEDA) on Wednesday flagged off the first commercial trial shipment of pomegranates to the US via sea.

China’s COMAC challenges Boeing, Airbus with its C919 passenger aircraft

China’s COMAC challenges Boeing, Airbus with its C919 passenger aircraft

21 Feb 2024

Commercial Aircraft Corporation of China (COMAC) is actively participating in the ongoing Singapore Airshow 2024, with its C919 passenger aircraft and the smaller ARJ21 regional jets

Akasa Air to start international operations by March-end

Akasa Air to start international operations by March-end

20 Feb 2024

Akasa Air, has announced plans to start flight services to overseas destinations by the end of March 2024, to become the first Indian airline to start international services within 19 months of commencing operations.

Adani group building 1 million tpa copper plant at Mundra, Gujarat

Adani group building 1 million tpa copper plant at Mundra, Gujarat

06 Feb 2024

Adani Group subsidiary Kutch Copper Ltd is investing $1.2 billion to build a copper smelting and refining facility in Mundra, Gujarat.

Hero unveils two-wheeler-three-wheeler convertible concept

Hero unveils two-wheeler-three-wheeler convertible concept

30 Jan 2024

Hero MotoCorp has unveiled the prototype of an electric three wheeler, called Surge S32, which can be converted into an electric two-wheeler scooter in a few minutes.

Akasa Air places order for 150 Boeing 737 MAX Aircraft

Akasa Air places order for 150 Boeing 737 MAX Aircraft

19 Jan 2024

Akasa Air, India’s newest airline, has placed orders for 150 fuel-efficient Boeing 737 MAX aircraft, a record for an India carrier with just 17 months of operational life.

Hertz shifts gears: Opts for gas cars over EVs, including Teslas

Hertz shifts gears: Opts for gas cars over EVs, including Teslas

12 Jan 2024

Hertz Global Holdings, a car rental company, is set to sell about 20,000 electric vehicles. This number even includes cars that have been manufactured by Tesla.

Thrillophilia launches a 'One-Stop' tourism guide for Lakshadweep

Thrillophilia launches a 'One-Stop' tourism guide for Lakshadweep

11 Jan 2024

In a bid to capture the recently growing interest in Lakshadweep tourism, Rajasthan-based travel platform Thrillophilia has launched a dedicated online platform, TourismLakshadweep.com.

Amazon to cut jobs in Prime Video and Studio Operations

Amazon to cut jobs in Prime Video and Studio Operations

11 Jan 2024

In a significant move, Amazon.com has announced plans to lay off several hundred employees in its streaming and studio operations.

Sony Honda Mobility unveils Afeela EV, drives it with PS5 console

Sony Honda Mobility unveils Afeela EV, drives it with PS5 console

11 Jan 2024

Sony Honda Mobility unveiled the prototype of its Afeela electric vehicle at the Consumer Electronics Show (CES) in Las Vegas on Wednesday, driving the car onto the stage using a Play Station 5 console.

Tata Group unveils plans for two Taj resorts in Lakshadweep, set to open in 2026

Tata Group unveils plans for two Taj resorts in Lakshadweep, set to open in 2026

09 Jan 2024

In a strategic move, Tata Group’s Indian Hotels Company Limited (IHCL) has announced the development of two Taj-branded resorts in the picturesque Lakshadweep archipelago, poised to open its doors in 2026.

Exxon Mobil struggles with a $2.5 billion California offshore exit

Exxon Mobil struggles with a $2.5 billion California offshore exit

09 Jan 2024

Exxon Mobil is set to write down approximately $2.5 billion related to its troubled California properties, marking a move to cease offshore oil production in the state after five decades.

ONGC starts oil production from deep water KG basin block

ONGC starts oil production from deep water KG basin block

09 Jan 2024

State-owned oil and natural gas explorer, Oil and Natural Gas Corporation (ONGC), on Monday (8 January) announced the start of production of "First Oil" from the deep-water block in Krishna Godavari (KG) basin, in the East Coast of India.

Boeing's 737 Max 9 incident raises safety concerns and prompts grounding

Boeing's 737 Max 9 incident raises safety concerns and prompts grounding

08 Jan 2024

An emergency landing of an Alaska Airlines Boeing 737 Max 9 in Portland, Oregon, USA, has prompted the Federal Aviation Administration (FAA) to order inspections, affecting about 171 planes owned by Alaska, United, and other carriers.

EaseMyTrip suspends Maldives flight bookings amid diplomatic tensions

EaseMyTrip suspends Maldives flight bookings amid diplomatic tensions

08 Jan 2024

In a bold move showcasing solidarity with India, EaseMyTrip has announced the suspension of all flight bookings to the Maldives.

COSCO halts shipments to Israel amid Red Sea disruptions

COSCO halts shipments to Israel amid Red Sea disruptions

08 Jan 2024

In a recent development, Chinese shipping giant COSCO has decided to suspend its crucial shipping services to Israel, according to a report by the Israel financial news website, Globes, on Sunday, 7 January 2024.

IndiGo announces removal of fuel charges amid ATF price drop

IndiGo announces removal of fuel charges amid ATF price drop

04 Jan 2024

IndiGo, one of India’s leading airlines, announced on Thursday, 4 January 2024, that it would eliminate fuel charges on all domestic and international flights.

Akasa Air to close a deal for 150 Boeing 737 MAX planes in an effort to expand its fleet

Akasa Air to close a deal for 150 Boeing 737 MAX planes in an effort to expand its fleet

03 Jan 2024

In a move to capitalize on the surging demand in India’s rapidly growing aviation market, budget carrier Akasa Air is reportedly finalizing an order for approximately 150 Boeing 737 MAX narrow-body planes.

Denmark's Maersk considers route options following an attack on a vessel

Denmark's Maersk considers route options following an attack on a vessel

02 Jan 2024

Denmark’s shipping giant, Maersk, is set to decide on Tuesday, 2 January 2024, regarding the navigation of its vessels through the Suez Canal via the Red Sea.

HFCL wins Rs1,127-cr order for upgrading BSNL’s optical fibre network

HFCL wins Rs1,127-cr order for upgrading BSNL’s optical fibre network

02 Jan 2024

Telecom network solutions provider HFCL Ltd has secured orders worth Rs1,127.27 crore from state-run Bharat Sanchar Nigam Ltd (BSNL) for upgrading its optical fibre network for carrying the telecom operator's traffic on a PAN-India basis.

Tesla sets a new delivery record, falling short of Musk's 2 million target

Tesla sets a new delivery record, falling short of Musk's 2 million target

28 Dec 2023

In what is anticipated to be another historic quarter for electric vehicle (EV) giant Tesla, the company’s deliveries are expected to reach unprecedented levels.

Intel to receive a $3.2 billion grant for a $25 billion chip plant in southern Israel

Intel to receive a $3.2 billion grant for a $25 billion chip plant in southern Israel

27 Dec 2023

The Israeli government has approved a $3.2 billion grant for Intel’s ambitious plan to construct a $25 billion chip plant in southern Israel.

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