Aviat Financial News
11.11 / 15:55
Aviat
Gap
Airlines
Align
country
reports
guidelines
Bangladesh grapples with soaring dollar prices amid illegal trading
The US dollar crisis in Bangladesh has intensified as the open market rate soared to Tk128 per dollar Today, a sharp increase from the rate earlier in the week. Despite the Bangladesh Bank's (BB) stringent directives and warnings of harsh penalties for non-compliance, banks and money changers continue to bypass BB's fixed exchange rates, leading to a surge in illegal currency trading.
11.11 / 14:41
Aviat
Enterprise
Highways
Healthcare
Fastenal
week
Dividend Stocks: Power Grid, IRCTC, United Spirits, MRF among others to trade ex-dividend next week; check full list
Dividend Stocks: Shares of several companies will trade ex-dividend in the coming week including Power Grid Corporation of India, Indian Railway Catering and Tourism Corporation (IRCTC), Indraprastha Gas Ltd (IGL), United Spirits, MRF, among others will trade ex-dividend in the coming week, starting from Monday, November 13. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward.
11.11 / 14:37
10.11 / 21:50
Aviat
Airlines
economy
pandemic
country
travelers
Sydney to Melbourne route generates the highest revenue in the world
Flying between Sydney and Melbourne is generating more revenue than any other route in the world – almost double the level before the COVID-19 pandemic – despite a fall in the number of passengers travelling.
10.11 / 09:17
Aviat
Airlines
Mobile
Align
Adventure
Experts
Diwali 2023: This is the way to construct a market portfolio, according to Parag Parikh MF's Rajeev Thakkar
BSE Sensex surpassed 67,900. While going ahead, experts expect volatility in the near term, they have an overall positive outlook for the Indian equity market, especially in the long term.
10.11 / 09:17
FIVE
Aviat
Manufacturing
Airlines
performer
electronic
IRFC, IndiGo, BoB among 9 stocks that crossed ₹1 lakh crore in m-cap since last Diwali
₹one lakh crore is a significant milestone for the listed companies. Since last Diwali nine companies have successfully achieved this, demonstrating their resilience in a volatile market. Bharat Electronics crossed the ₹one lakh crore market capitalisation on September 01.
10.11 / 08:19
Provident
BLOCK
Aviat
stage
country
medicines
"Between family and country...you give priority to India": Amit Shah at 62nd raising day of ITBP
Amit Shah on Friday paid tributes at the 62nd raising day of the Indo-Tibetan Border Police (ITBP) and said that the service which started 62 years ago has emerged as a strong face of nation's security. Speaking at the ceremony, Home Minister Amit Shah said «ITBP, which started 62 years ago with 7 divisions, has today emerged as a strong force with 60 divisions, 17 training centres, 5 frontiers and 2 commando headquarters with 1 lakh personnel. When your family needs you, the country needs you at the same time but you give priority to the country.
10.11 / 06:51
Target
Aviat
Extreme
Airlines
social
reports
travelers
Canada tightens Air India security after threat video by Khalistani extremist Gurpatwant Pannun circulates
Khalistani leader Pannun's Air India Threat: Delhi, Punjab airports bar visitors "We are asking the Sikh people not to fly via Air India. From November 19, there will be a global blockade. Air India won't be allowed to operate.
10.11 / 03:01
Provident
FIVE
Aviat
economy
information
reports
Department
Ministries are falling back on McKinsey. Harvard is quietly winning the battle
The New Yorker wrote about the consultancy firm recently. “Escape from accountability is the most valuable service" the management consultancy provides, went on the article, referring to a former McKinsey employee’s description of it as “capital’s willing executioners".
09.11 / 22:14
Aviat
Airlines
pandemic
President
show
travelers
strain
Top US accident investigator says close calls between planes show that aviation is under stress
The nation’s top accident investigator says a surge in close calls between planes at U.S. airports this year is a clear warning sign that aviation is under stress
09.11 / 17:59
Provident
Aviat
Airlines
reports
recommendations
prevention
US FAA naming panel to address pilot mental health issues
WASHINGTON (Reuters) — The Federal Aviation Administration is naming a pilot mental health committee to provide recommendations to address barriers preventing pilots from reporting mental health issues.
09.11 / 17:45
Provident
Aviat
Manufacturing
CEO
Airlines
cover
reports
Sputtering engines at IndiGo
InterGlobe Aviation Ltd’s flight would face some disturbance in FY24. InterGlobe runs IndiGo, India’s largest airline by market share. Pratt & Whitney engines are facing a ‘powder metal’ issue, and 600-700 engines are being removed worldwide for inspections.
09.11 / 12:25
Aviat
Airlines
Enterprise
performer
country
travelers
InterGlobe Enterprises plans to launch electric air taxi service in India in 2026
InterGlobe Enterprises on Thursday said it along with Archer Aviation plans to launch an all-electric air taxi service across India in 2026. Once launched, the InterGlobe-Archer flight will aim to take passengers from Connaught Place in the national capital to Gurugram in Haryana in approximately 7 minutes whereas by road, the 27-kilometre-long trip will take 60-90 minutes, according to a release. Both companies have entered into a Memorandum of Understanding (MoU) with the goal of partnering to launch and operate an all-electric air taxi service in India, subject to appropriate regulatory approvals and clearances.
09.11 / 08:59
Target
FIVE
Aviat
CEO
Strategy
Mobile
Returns
Viva to supersize returns from petrol stations
Fuels supplier Viva Energy is targeting nearly a 150 per cent jump in earnings from its convenience and fuels retailing business in five years, after paving the way for a huge expansion in convenience retailing that will also make it one of the country’s biggest employers.
09.11 / 05:17
FIVE
Aviat
PwC
electronic
information
reports
Department
From PwC to EY, five big consultancy firms secure ₹500 crore contracts from govt in 5 years: Report
₹500 crore assignments from the Central Government. According to a report by the The Indian Express, the Big Five consultancy firms bagged 308 assignments from several government departments, 16 ministries, and organsation between April 2017 and June 2022.
08.11 / 19:16
Provident
Aviat
Airlines
Matrix
Experts
performer
information
Why the Jet Airways rescue has failed to take off
₹1,375 crore, including ₹475 crore to settle dues and ₹900 crore for capital expenditure and working capital. The plan also envisaged JKC first infusing ₹350 crore (it was decided that ₹350 crore of the ₹475 crore would be a mandatory infusion for the transfer process to start) into the airline, which got delayed due to several reasons, including litigation. In August, the company law appeals court asked JKC to pay the amount by 30 September and permitted an adjustment of ₹150 crore from an existing performance bank guarantee.
08.11 / 15:59
Provident
Aviat
Action
ICE
stage
reports
Department
How can IIT Kanpur's ‘artificial rain’ help curb Delhi pollution issue? Explained
air quality index (AQI) in Delhi stood at a 'very poor' level of 398. To address this issue, the Indian Institute of Technology (IIT) Kanpur has proposed the idea of "artificial rain" to reduce pollution levels in the national capital. This project has been in development since 2018, and the institute conducted trials in July of this year, as reported by the Economic Times.
08.11 / 15:33
Target
Aviat
Waters
hospital
Department
sanitizer
Maharashtra government to acquire Air India building for Rs 1601 crore
Maharashtra government on Wednesday decided to acquire the iconic Air India building at Nariman Point in Mumbai for Rs 1,601 crore. The decision was taken at a meeting of the state cabinet in Mumbai. The meeting, chaired by Chief Minister Eknath Shinde, also decided to waive off around Rs 250 crore unrealised income and interest on the property, an official said.
08.11 / 07:25
Aviat
CEO
stage
electronic
information
testing
prevention
Soon, security checks at Delhi and Bengaluru airports to get faster with new high-tech machines
IGI Airport is set to introduce 3D computed tomography X-ray (CTX) machines for cabin bag checks, making it the first terminal in India to do so. These CTX scanners eliminate the need for passengers to remove electronic devices such as laptops, chargers, and liquids from their bags during the security screening process. Trial runs for the CTX machines will commence in two weeks at the newly constructed T2 terminal at Kempegowda International Airport in Bengaluru, as confirmed by a spokesperson from Bengaluru International Airport (BIAL).
08.11 / 02:47
Provident
Aviat
Airlines
Mobile
Latin
reports
Stocks to Watch: RIL, IRCTC, Power Grid, IndiGo, Shree Cement, SJVN
Reliance Industries: Billionaire Mukesh Ambani’s Reliance Industries Ltd. is seeking to raise as much as 200 billion rupees ($2.4 billion) via rupee-denominated bonds, according to filings seen by Bloomberg. The base size of the sale is 100 billion rupees with an option to retain subscriptions worth another 100 billion rupees.
07.11 / 20:27
Provident
FIVE
Aviat
Airlines
Strategy
‘Acquiring grounded planes in India is a major struggle’
₹400 crore to buy the three aircraft but is staring at further headwinds as the aircraft grounded for over four years will require 8-12 months to become airworthy and flown out of India. It will take some more time to convert the passenger planes to freighters, the company said. “...the more you wait, or the more the aircraft is on ground, it loses value and eventually you reach a point when the value of the assets is zero or sometimes even minus.
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