A US-Bangla Airlines aircraft with 67 passengers and four crew members on board on Monday overshot the runway and crashed at Nepal's international airport here, officials said.

The plane caught fire after it careened off the runway during landing and crashed onto a football ground near the airport, the Tribhuvan International Airport spokesperson, Prem Nath Thakur, was quoted as saying by the Kathmandu Post.

After losing key executives in a helicopter crash, state-owned Oil and Natural Gas Corp (ONGC) is veering around the idea of barring senior management from flying together in the same chopper.

The company lost five key operational personnel when a Pawan Hans helicopter crashed in the Arabian Sea in January.

Ola, Uber’s key rival in India, has taken its first step overseas after its service officially went live in Australia via a launch in Sydney.

The company announced its plans to go Down Under at the end of January and in Sydney, which is its first full launch, Ola said it has signed up over 7,000 registered drivers. Initially, passengers will be able to enjoy free rides for a limited time with plans introduce other “new initiatives” — read: promotions — in a bid to keep its service competitive once it begins charging.

Washington/New York: Chris Liddell, a former executive at Microsoft Corp. and General Motors Co., is under consideration to become US President Donald Trump’s top economic adviser, a White House official said on Sunday, confirming media reports.

Trump is searching for a new director for the White House National Economic Council after Gary Cohn, a former Goldman Sachs president, said he would resign. Cohn’s decision came after Trump decided to put tariffs on steel and aluminium imports.

Mumbai: Early signals emanating from ArcelorMittal and Numetal, the only companies to have placed binding bids to acquire Essar Steel, hint at a protracted legal battle that could mire the resolution of the steelmaker’s debts.

Although the lenders of Essar Steel have not decided whether they are eligible to bid for the company’s assets, both ArcelorMittal and Numetal have indicated that they will pursue legal options if their bids are scrapped.

A Google model based on Artificial Intelligence (AI) and Machine Learning (ML) that helped NASA discover two exoplanets, is now available for researchers to process data from Kepler Space Telescope. The “TensorFlow” model decoded massive sets of data from NASA’s Kepler Space Telescope to discover two exoplanets last year, including one that has the first known eight-planet system like ours. One of the two newly-discovered planets is Kepler-90i — a sizzling hot, rocky planet that orbits its star once every 14.4 days.

A consortium of Jet Airways, Air France-KLM and Delta Airlines understood to have expressed interest in the disinvestment of national carrier Air India, according to sources. Moving ahead with the strategic disinvestment of loss-making Air India, the government is expected to soon invite Expression of Interest (EoI) from the bidders. Against this backdrop, sources said a consortium of three full services, including Jet Airways, are keen to put in their bid for the national carrier.

The BSE Sensex surged over 300 points in early trade and the Nifty reclaimed the 10,300-level on fresh capital inflows by foreign funds ahead of key IIP and inflation data to be released after market hours today.

Asian markets too were trading in the green on strong cues from Wall Street after a better-than-expected US jobs report on Friday.

State owned lenders SBI and UCO Bank are looking for buyers to sell non-performing accounts (NPAs) worth Rs 12.45 billion and have invited bids from ARCs, banks, NBFCs and FIs to clean their books of such dud assets.

"In terms of bank's revised policy on sale of financial assets in line with the regulatory guidelines, we place Zenith Birla (India) Ltd and Sona Alloys Pvt Ltd for sale to ARCs/banks /NBFCs/FIs," SBI said in the bid document.

Amazon.com Inc’s video service will look to add more regional content in India, two company executives said, as it competes with a host of global and local players for a bigger share of a fledgling online streaming market.

In little after a year of its launch in India, Amazon’s bet on original Hindi shows and a library of films in five local languages has paid off — India is the fastest growing market for its Prime Video service, Tim Leslie, global vice-president at Amazon Prime Video, told Reuters in an interview late Saturday, on the sidelines of the India Today Conclave 2018 in Mumbai.

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