Air India to re-appoint pilots as commanders after their retirement
Thu, Jun 23, 2022 8:13 PM

Air India to re-appoint pilots as commanders after their retirement

Get it on Google Play
As the Tata Group's Air India seeks stability in operations amid a discussion of acquiring 300 single-aisle planes, the airline has offered to re-appoint pilots as commanders after their retirement for five years. Additionally, the step by the airline is in a wake of the scarcity of adequately trained pilots in the domestic aviation sector which has always been a subject of discussion.

More great flips

Crude oil prices plunge over $1 as G7 debate Iran nuclear deal, Russia

Crude oil prices plunge over $1 as G7 debate Iran nuclear deal, Russia

Crude oil prices plunged by over $1 a barrel on Monday. This was noticed as global economic concerns adversely affected the oil demand outlook, and investors are concerned regarding the G7 meeting this week for a decision on Russian oil exports and a revival of the Iran nuclear deal. By 0010 GMT, Brent crude futures tanked by $1.42, or 1.3%, to $111.70 a barrel after rebounding 2.8% on Friday.

Open Flip
NMDC’s Chhattisgarh steel plant to commence production in September

NMDC’s Chhattisgarh steel plant to commence production in September

NMDC’s 3 mtpa greenfield steel plant at Nagarnar in Chhattisgarh is expected to be commissioned towards the end of September. The facility by the state-run Company is already witnessing a delay of almost 7 years. Notably, NMDC spent Rs 20,240 cr as of May 2022 for the plant. The state-run firm is likely to spend another Rs 1,700 cr, and the project reported a cost overrun of around Rs 7,000 cr.

Open Flip
Coal supplies hike, though 50% thermal units have stocks at critical level

Coal supplies hike, though 50% thermal units have stocks at critical level

The power and the coal ministry announced that during the upcoming monsoon the coal supplies to the power plants may not witness a crisis with power plants building up inventories. This was declared, despite 91 out of India's total 173 thermal power stations reporting coal stocks in a critical situation. Among these 91 plants, 8 are non-operational and 8 depend on imported coal for operation.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon