3+ week, 5+ day ago (938+ words) State Bank of India Q2 FY26 net profit rose 10 percent year-on-year to Rs 20,159.7 crore, driven significantly by proceeds from the lender's partial stake sale in Yes Bank. Net interest income rose 3.3 percent year-on-year to Rs 42,985 crore from Rs 41,620 crore for the July-September quarter. November 04, 2025" 16:21 IST IndiGo's revenue from operations for the July-September quarter grew 9.3 percent to Rs 18,555.3 crore; whereas total expenses rose 18.3 percent to Rs 22,081.2 crore. The largest addition to expenses came from foreign exchange losses, which swelled 12 times over to Rs 2,892 crore. November 04, 2025" 16:20 IST Interglobe Aviation Ltd (IndiGo) Q2 FY26 net loss surged over two-and-a-half times year-on-year to Rs 2,581.7 crore, as the aviation major's expenditure far outpaced the revenue growth. November 04, 2025" 16:19 IST Berger Paints Q2 results The net profit declined 24 percent to Rs 206 crore in the September quarter of the current fiscal, from Rs 270 crore in the previous fiscal. The revene was up marginally…...

3+ week, 5+ day ago (369+ words) The Directorate General of Civil Aviation (DGCA) is drafting new rules that could allow travellers to cancel or amend their tickets without paying additional charges within 48 hours of booking. The aviation regulator has also suggested that when a ticket is purchased through a travel agent or online portal, the "onus of refund shall lie with the airlines as agents are their appointed representatives". According to the DGCA's draft, airlines will be required to provide a "look-in option" for a period of 48 hours after booking. "During this period, passengers can cancel or amend the ticket without any additional charges, except for the normal prevailing fare for the revised flight for which the ticket is sought to be amended," the draft said. However, the facility will not apply to flights scheduled to depart within five days for domestic routes or 15 days for…...

6+ hour, 16+ min ago (210+ words) China's Ministry of Industry and Information Technology has proposed sweeping new regulations for portable power banks, raising concerns among manufacturers and consumers. The draft document, open for public feedback until December 11, would require all power banks made in China to list their battery type, production date and recommended safe use duration. At the moment, domestic passengers can only carry power banks with China Compulsory Certification. This requirement has already led to confiscations of popular international models such as Apple's MagSafe battery pack. Products without the 3C mark cannot be sold in China at all. Until then, passengers can continue travelling with their 3C certified power banks. Once the new rules take effect, there will be a six to twelve month grace period to help the industry and consumers adjust. As the world's largest producer of power banks, China's decisions will have global…...

3+ week, 4+ day ago (538+ words) The death toll has risen to nine in the crash of a UPS (UPS.N), opens new tab cargo plane that erupted into a fireball moments after takeoff in Louisville, Kentucky on Tuesday, city and state officials said Wednesday. Investigators from the National Transportation Safety Board arrived on site Wednesday to begin the process of finding out what went wrong when the 34-year-old MD-11 cargo plane caught fire around 5:13 p.m. ET Tuesday and then crashed. Louisville Mayor Craig Greenberg said nine dead people had been found at the scene of the crash. Kentucky Governor Andy Beshear said he expected there would be at least one more death. The plane had a crew of three according to UPS and officials said none of the crew survived. Beshear on Wednesday declared a state of emergency to help with the massive response to the crash site....

3+ week, 4+ day ago (449+ words) The UPS cargo plane that crashed in Louisville on Tuesday was a 34-year old jet. While that's old for a passenger plane, that's not so unusual in the world of air cargo. Authorities have not found any indication so far that the plane's age played a role in the crash, which killed at least nine people shortly after takeoff from Louisville, Kentucky, on Tuesday evening. The cause remains under investigation. The incident, however, underscores how aircraft can remain in service far longer than the average flyer realizes. Typically, airliners are retired due to poor fuel efficiency rather than structural wear. Since cargo aircraft operate fewer flight hours'about 30% less than passenger jets'fuel economy becomes less of a determining factor in their longevity. And while there are still MD-11's flying cargo, the last passenger flight for the jet came more than a…...

2+ week, 5+ day ago (256+ words) Chief Minister Siddaramaiah on November 11 inaugurated the Collins India Operations Centre (CIOC), developed by Collins Aerospace at the KIADB Aerospace Park in Devanahalli. The 26-acre CIOC will enhance Collins Aerospace's capability to manufacture advanced aerospace products for global markets. Roy Gullickson, senior vice president, Operations at Collins Aerospace, said, "Collins India Operations Centre will drive operations and manufacturing for more than 70 Collins products, enhancing worldwide service transformation and delivering operational excellence. CIOC will also have incremental capacity to support future growth opportunities and customer requirements." The facility will have an Industry 4.0 Building Management System, creating a connected ecosystem that enhances delivery speed and quality. It is LEED Silver and Indian Green Building Council Silver certified and is expected to host more than 2,200 employees by 2026. Karnataka Industries Minister MB Patil said that this is Collins Aerospace's first facility in India under…...

2+ week, 6+ day ago (288+ words) NASA and Lockheed Martin's X-59 aircraft completed its first flight. It marks a breakthrough in quiet supersonic aviation technology. The jet replaces loud sonic booms with a soft "thump. This milestone revives hopes for faster commercial travel again. A New Era Takes Off NASA's sleek X-59 supersonic jet has taken its first flight. The aircraft soared from Palmdale to Edwards in California. It reached about 12,000 feet during the successful test. The scientists'celebrated as the futuristic jet glided smoothly and safely. Built to Silence the Boom The X-59 looks unlike any jet ever built before. Its long, narrow "swordfish nose helps control shockwaves mid-flight. This design turns loud sonic booms into gentle sonic "thumps. NASA calls it a revolution in quiet supersonic flight technology. The first flight stayed below supersonic speeds for safety checks. The researchers examined flight controls, data links and onboard systems....

3+ week, 2+ day ago (450+ words) A day after the Trump administration announced flight reductions across some of the country's busiest airports, airlines, airport authorities and travellers have been left scrambling for answers. Flight cuts leave travellers scrambling as shutdown hits US airports A day after the Trump administration announced flight reductions across some of the country's busiest airports, airlines, airport authorities and travellers have been left scrambling for answers. A 10 percent reduction in flights at 40 major American airports is set to begin this week, forcing airlines and passengers to rethink travel plans. A day after the Trump administration announced flight reductions across some of the country's busiest airports, airlines, airport authorities and travellers have been left scrambling for answers. The cutbacks will roll out in stages, beginning with a 4 percent drop on Friday before expanding to the full 10 percent next week. Officials say no final…...

1+ week, 5+ day ago (273+ words) Airbus SE managed a comeback on the second day of the Dubai Air Show, reeling in deals with local carriers Etihad Airways and Flydubai and an accord for its A350 widebody model from Air Europa. The agreements injected fresh momentum back into Airbus after Boeing Co. dominated the first day with a huge order for 65 777X aircraft valued at $38 billion from Emirates. The memorandum of understanding from Flydubai for 150 A321neo planes on Tuesday gave Airbus the added satisfaction of winning a client that had so far only purchased from Boeing. The companies didn't announce an order value. This year's Dubai show follows a familiar rhythm, whereby Emirates puts down a marker on the first day with a splashy deal, and other accords follow into Tuesday and Wednesday. Airlines in the Middle East are among the biggest operators of long-range aircraft like the A350 or…...

3+ day, 8+ hour ago (226+ words) Praxair India, a major player in industrial gases and related manufacturing, will invest Rs 210 crore over the next three years to establish liquid oxygen and nitrogen production units in Karnataka. The company signed an MoU with the state government on November 27, Industries Minister MB Patil said. During his official visit to the UK as part of a government delegation, Patil said Praxair India will begin its investment in the current financial year itself. He added that the state government will extend priority support, including land allocation, single-window clearances and infrastructure facilitation. Patil also held discussions with Helix Geospace, known for its helical antenna technology used in aerospace, defence and drone applications, and with Oxford Space Systems (OSS), a reputed manufacturer of satellite antennas. He said OSS has been asked to submit a detailed note to the state government outlining its…...