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livemint.com / 5 months ago
livemint.com / 5 months ago
livemint.com / 5 months ago
livemint.com / 5 months ago
Mint Explainer | IndiGo Chaos: How a decade-long pilot fatigue dispute landed DGCA in high court
Subscribe to enjoy similar stories. The week-long disruption at IndiGo—India’s largest airline—resulted in more than 1,500 flight cancellations and widespread delays across major airports, prompting the Directorate General of Civil Aviation (DGCA) to issue a show-cause notices to chief executive officer (CEO) Pieter Elbers and other executives for failing to ensure reliable operations. The crisis has deeper roots in a decade-long legal dispute over the rights of pilots to regulated work hours and strict enforcement of fatigue-mitigation norms.
Before IndiGo went into chaos, a contempt plea was already pending in the Delhi High Court alleging that the DGCA had failed to implement the new pilot Flight Duty Time Limitations (FDTL), contrary to its undertakings before the court. The court is scheduled to take up this matter on 15 December. More petitions have been filed seeking judicial intervention over the ongoing disruption in IndiGo flights.
One plea mentioned before the Supreme Court on Monday argued that there are a large number of vacancies in IndiGo and passengers are suffering due to the continuing cancellations and delays. Chief Justice of India Surya Kant and Justice Joymalya Bagchi expressed concern and observed that people have been stranded and many may have health issues requiring urgent travel. The bench did not immediately order listing of the matter.
A plea before the Delhi High Court sought directions for refunds for passengers affected by the crisis. The court listed the matter for hearing on 10 December. IndiGo and the DGCA did not respond to Mint’s queries seeking comment until the time of publication.
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21.05 / 10:17
UPS
Art
Booking
wellness
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How chronic illness became a starting point for artistic alchemy for Koshy Brahmatmaj
Subscribe to enjoy similar stories.Pain is invisible; the sufferer has to make noise for it to be acknowledged, treated or accepted. Mumbai-based artist Koshy Brahmatmaj, 34, lives with chronic endometriosis, a painful condition that afflicts millions of women around the world.
21.05 / 10:17
markets
UPS
IPO
NVIDIA
SpaceX
Even at $5 trillion, Nvidia is underappreciated
Subscribe to enjoy similar stories.Nvidia is no longer the only AI chip game in town. But it is the largest by far, and the likelihood that it will be that way for the foreseeable future should count for something.It hasn’t counted for much lately.
21.05 / 10:17
markets
Digital
CEO
War
Omnicom
RK Swamy bets on integrated advertising model as global agency giants split media and creative
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markets
IPO
Racing
NVIDIA
SpaceX
SpaceX, Anthropic and OpenAI’s sprint to go public defines the AI boom’s big day
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21.05 / 09:47
markets
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Sustainability
trends
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FPIs exit Korea & Taiwan: Is India ready for the flow rotation?
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markets
Research
trends
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PI Industries’ weak core business keeps investors on edge
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love
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‘Should I Marry a Murderer?’ has left audiences stunned but what they saw wasn’t all that bizarre
Subscribe to enjoy similar stories.In the new Netflix documentary series Should I Marry a Murderer?, Caroline Muirhead, a Scottish forensic pathologist, falls in love with Sandy McKellar, a man who, after proposing, reveals to her that he and his brother have committed a homicide. What follows is baffling: Even after Muirhead turns him in to the police, she returns to his side.
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Secured credit cards: Unlocking credit and building a credit score for millions
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Forensic audits support corporate-fraud probes and IBC cases but still lack enforceable standards
Subscribe to enjoy similar stories.Forensic audits have gained significance in today’s world of business as they serve as a useful tool for commercial lenders to investigate fraud by borrowers and/or identify other deep-seated financial irregularities. Forensic auditors are also employed by resolution professionals to report on preferential, undervalued, fraudulent and extortionate (‘PUFE’) transactions for adjudication under India’s Insolvency and Bankruptcy Code (IBC). While there is no single universal definition, several globally recognized organizations have provided widely accepted definitions (and norms) of forensic auditing.
21.05 / 08:45
UPS
Manufacturing
Mobile
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electronic
Why Dixon, Syrma and Kaynes are moving beyond smartphones: margin pressure
Subscribe to enjoy similar stories.MUMBAI: India’s listed electronics manufacturers are under pressure to defend profitability as the mobile-phone assembly boom slows, prompting a shift towards higher-value industrial electronics.Investors remained jittery through the last fiscal, driven by concerns that slowing consumer sentiment could weigh on the rapid growth that electronics manufacturing services (EMS) firms have delivered so far.In an interview with Mint, Jasbir Singh Gujral, managing director of Syrma SGS Technology Ltd, India’s second-largest listed EMS firm, said, “We’re increasingly looking to capture a larger chunk of contracts from defence, aerospace and med-tech verticals, all of which represent opportunities for original design manufacturing, and also bring significantly higher margins. We’ve already started this transition, and we plan to do more of it this fiscal.”Beyond mobile phones and laptops, EMS firms are expanding into smart metres for electricity boards, aerospace and defence subsystems, railway safety instrumentation, printed circuit boards and display assemblies, and medical devices deployed in hospitals.India’s annual mobile phone shipments have remained subdued since the covid-19 pandemic, with industry estimates pointing to a single-digit decline this calendar year from 152 million smartphones shipped last year.The margin pressure driving this shift is increasingly visible.In FY26, Syrma SGS reported an operating margin of 7.1%, up 2.3 percentage points.
