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Akasa Air to launch operations from June, expects fleet size at 72 in 5 yrs

Akasa Air to launch operations from June, expects fleet size at 72 in 5 yrs

Rakesh Jhunjhunwala-backed airline Akasa Air is all set to roll out its commercial operation from June, its CEO Vinay Dube has said here.

Speaking at an interactive session on the sidelines of Wings India 2022, Dube on Friday said the airline hopes to have a fleet of 72 aircraft in the next five years.

QSR chain Lassi N Shakes enters Uttar Pradesh, eyes 1,000 outlets by 2025

QSR chain Lassi N Shakes enters Uttar Pradesh, eyes 1,000 outlets by 2025

Three-year-old restaurant chain Lassi N Shakes has entered Uttar Pradesh with its first outlet launched in Lucknow. The company said that this is its 145th outlet and there are plans to take the total to 1,000 by the end of 2025.

Until now, the company has made efforts to scale up in the Southern market and is now eyeing the Northern states.

Manish Sisodia presents Rs 75,800 Cr budget for Delhi for FY 2022-23

Manish Sisodia presents Rs 75,800 Cr budget for Delhi for FY 2022-23

Delhi Deputy Chief Minister Manish Sisodia on Saturday presented a Rs 75,800 crore budget in the Assembly for the financial year 2022-23.

Delhi's economy is recovering gradually from the impact of COVID-19. The budget allocation for 2022-23 is Rs 75,800 crore, Sisodia said in his budget speech.

Russia announces completion of 1st stage of military operation in Ukraine

Russia announces completion of 1st stage of military operation in Ukraine

The main tasks of the first stage of Russia's special military operation in Ukraine have been completed in general, the Russian military has said.

"The combat potential of the Ukrainian Armed Forces has been significantly reduced," said Sergei Rudskoy, first Deputy Chief of the General Staff of the Russian Armed Forces, on Friday.

After Covid, its hijab challenge for Karnataka education dept as exams near

After Covid, its hijab challenge for Karnataka education dept as exams near

Karnataka education department, which successfully conducted board exams during the Covid pandemic in the last two years, is now facing the challenge of hijab issue.

Against the backdrop of verdict by the Special bench of the Karnataka High Court, the state government has decided not to allow students wearing hijab to take up exams. To ensure smooth conduct of exams, tight police security will be made near the examination centres.

Microsoft paying hundreds of millions in bribes, claims whistleblower

Microsoft paying hundreds of millions in bribes, claims whistleblower

In a startling revelation, a whistleblower has alleged widespread bribery via Microsoft's foreign contract business, saying that more than $200 million each year is spent on bribes and kickbacks linked to the tech giant, often in countries like Ghana, Nigeria, Zimbabwe, Qatar and Saudi Arabia.

Yasser Elabd, recruited by Microsoft in 1998 who helped bring the company's products throughout the Middle East and Africa for the next 20 years, said that Microsoft is using illegal bribes and kickbacks in the Middle East and Africa.

GMR Airports, Airbus collaborate to study on sustainable aviation fuel

GMR Airports, Airbus collaborate to study on sustainable aviation fuel

Airport operators Groupe ADP and GMR Airports together with Airbus, Axens and Safran have signed a memorandum of understanding (MoU) on Friday to conduct a joint study on Sustainable Aviation Fuels (SAF) and their potential in India.

The objective of the study, conducted under the lead and coordination of Groupe ADP and GMR Airports and with the expertise of all partners, is to understand and evaluate the demand, the challenges and opportunities of supply, infrastructure and fueling, as well as to prepare a business case for SAF production and use in India for all kind of aviation purposes, said the official spokesperson of the GMR Hyderabad International Airport Ltd.

MP HM raises safety concerns, asks Zomato to change 10-min delivery plan

MP HM raises safety concerns, asks Zomato to change 10-min delivery plan

Madhya Pradesh Home Minister Narottam Mishra has said that food delivery company Zomato's new feature promising delivery of food within 10 minutes is akin to jeopardising the life of delivery persons and people on roads and asked the company to change the quick delivery plans.

Speaking to reporters on Friday, Mishra said that Zomato will not be allowed to violate traffic rules and the company will be held responsible for the violation of traffic rules and accidents that occur during the instant delivery process.

Covid: India records 4,100 more fatalities, 1,660 fresh cases in 24 hours

Covid: India records 4,100 more fatalities, 1,660 fresh cases in 24 hours

India's COVID-19 death toll climbed to 5,20,855 with 4,100 fatalities recorded in a day and Maharashtra reconciling the number of deaths caused by the viral disease in the state, the Union health ministry said on Saturday.

A total of 1,660 fresh cases have pushed the country's COVID-19 tally to 4,30,18,032, while the number of active cases has fallen below 20,000, according to the ministry's data updated at 8 am.

NCLT begins insolvency proceedings against realty firm Supertech

NCLT begins insolvency proceedings against realty firm Supertech

The National Company Law Tribunal (NCLT) on Friday initiated insolvency proceedings against real estate developer Supertech, which is engaged in more than 30 projects across north India, after a petition by Union Bank claimed unpaid dues of Rs 492 crore.

The NCLT order mentioned two transactions that have gone sour. The first was in 2015 for Eco Village II in Greater Noida with an estimated project cost of Rs 1,106 crore, in which a consortium of banks lent Rs 350 crore.

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