Shocker: Air India, Indigo flights come close to collision Posted on 12th July 2014 |
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| An Indigo flight from Bagdogra came close to a descending Air India plane over Bagdogra in West Bengal this afternoon, raising the spectre of a collision and giving scare to about 250 passengers on board the two aircraft. The Air Traffic Control (ATC) had given clearance to both the aircraft, according to Indigo airline spokesperson. The Air India flight 879, carrying 120 passengers, was descending and the Indigo Bagdogra-Delhi flight 6E472 with 130 passengers on board was given clearance to climb the 30,000-feet height, Indigo spokesman said. The Indigo flight departed at 1222 hrs. As they came close to each other violating the 1000m separation, the pilots of the Indigo plane and the Air India aircraft, however, manoeuvred themselves to avoid a near-miss, the spokesperson said. The Indigo flight Captain got a traffic collision avoidance system (TCAS) resolution advisory (RA). As per Standard Operation Procedure (SOP), the Capt followed RA and descended and the AI flight also followed RA and turned right, the spokesperson said. Once the Captains received "clear-of-conflict" message, they manoeuvred back to normal situation, he added. The Indigo flight landed at Delhi at 1415hrs. The DCGA is conducting an inquiry into the incident. |
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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict Posted on 29th October 2019 |
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
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Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices Posted on 7th October 2019 |
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The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
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LIC pips private insurers in first-year premium growth during April-August Posted on 13th September 2019 |
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In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
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Apollo Hospitals rules out further stake sale Posted on 13th September 2019 |
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Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
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World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah Posted on 13th September 2019 |
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In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
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