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Replacing Pratt engines in IndiGo fleet by end of January a challenge: CEO

Replacing all Pratt & Whitney engines on IndiGo’s fleet of almost 100 Airbus planes by Jan. 31, as ordered by India’s aviation watchdog, will be challenging but the airline aims to complete the work, its chief executive officer said on Monday.

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Why the Essar judgment has scored a win above all for common sense

The verdict will rekindle hope in the integrity of India’s bankruptcy process, but it will take a lot more work to allay concerns about its effectiveness

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Volkswagen cuts medium-term outlook for operating profit, sales

German carmaker Volkswagen on Monday cut its medium-term outlook for operating profit as the industry is being hit by a global downturn.

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Parties can win people’s hearts without rushing to Well of House: PM Modi

Modi said parties, including his BJP, has to learn from the NCP and BJD in this regard

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Gayatri Projects tanks 11% to over four-year low on CARE Ratings’ downgrade

The delay in servicing debt obligations, has resulted in a ratings downgrade by CARE to “D” from the earlier rating of “BB “, the rating agency said

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Samenvatting: Velodyne Lidar introduceert Alpha Prime ™, de meest geavanceerde Lidar-sensor op de markt

SAN JOSE, Californië–(BUSINESS WIRE)–Velodyne Lidar, Inc. introduceerde vandaag Alpha Prime ™, de volgende generatie Lidar sensor die gebruik maakt van de gepatenteerde surround view-technologie van Velodyne om de gecombineerde hoogste prestatiespecificaties voor de autonome mobiliteitsindustrie in één sensor te leveren. De sensor is een ongeëvenaarde oplossing in perceptie, gezichtsveld en bereik voor autonome markten, waaronder transport, vrachtwagens en robotica. De Alpha Prime biedt een n

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Shares grind towards record high as China trims key rate

World shares were close to a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015.

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SpiceJet in talks with Boeing to buy more 737 Max planes: Ajay Singh

Discussions are taking place and the size of the order hasn’t been determined, Singh said

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Cooper Tire Europe Launches Extensive New Rally Tire Range for Tarmac, Classic Tarmac, Gravel and Mud and Snow Applications

MELKSHAM, England–(BUSINESS WIRE)–Cooper Tire Europe today launched an extensive new rally tire range, providing ultra-high performance and reliability across numerous applications and levels of rallying competition. Developed and manufactured by Cooper Tire Europe, the new range covers tarmac, classic tarmac, gravel and mud and snow (M+S) applications with the following products: the Cooper Discoverer Tarmac DT1, the Cooper Discoverer Tarmac DT02, the Cooper Rally Classic Tarmac CT01, the Co

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Emirates close to finalizing part of wide-body jet order with Airbus: sources

Dubai state-owned airline Emirates [EMIRA.UL] was close to a deal on Monday to finalize at least part of a provisional order for 70 wide-body aircraft from Europe’s Airbus , industry sources said.

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