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business

DGCA orders safety evaluation of Akasa Air's Boeing 737s, airline says no operational impact

The National Transportation Safety Board (NTSB) released critical safety recommendations on Sep 26 regarding the Boeing 737 aircraft's rudder control system. The recommendations highlighted the possibility of jamming or restriction in specific 737NG and 737 MAX models.

Supreme Court

SC orders in favor of IT department, upholds validity of 90,000 IT reassessment notices issued after April 1, 2021

The top court set aside the verdicts of several high courts that had held that the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act (TOLA) of 2021 will not extend the time limit for issuing reassessment notices under the Income Tax Act.

Air India flight

Air India cabin crew face policy change, no allowance hike for domestic flights

An airline spokesperson said that with the merger of Air India and Vistara formalizing, there is a need to harmonize these policies for employees of both the organizations. The revised policy will also be applicable for Air India Express, which has merged AIX Connect with itself.

Air India

Air India’s upcoming 'Fatigue Reporting Policy' sparks concerns among pilots: Report

The policy mandates the verification of fatigue reports submitted by flight crew members with those deemed "unsubstantiated" being reclassified as "sick leave." The airline’s decision has sparked concerns among pilots who feel it may discourage them from reporting fatigue.

Byjus

Why settle with BCCI only and ignore others: SC asks Byju's facing ₹15,000 crore debt

The insolvency appellate tribunal NCLAT did not apply its mind while closing insolvency proceedings against the firm, the court noted.

Anitha Sadanand

Breaking barriers: 48-year-old woman entrepreneur makes waves in startup world, wins top startup award

The Agricultural & Processed Food Products Export Development Authority (APEDA) exhibited Anitha's products in Europe, Australia, South Africa, and South Korea to demonstrate their excellent quality and marketability.

wto

India to impose new steel tariffs in response to EU measures, informs WTO of action

Amidst a spike in Chinese shipments via Asian countries to the trade bloc and a high level of global steel overcapacity, the goal was to "prevent economic damage" for EU steel producers. The measure was originally scheduled to be in place until June 20, 2021, however, it was then extended until June 30, 2024.