Ahmedabad plane crash ;HDFC Life Simplifies Claim Submission Process for Affected Families
TOYO, MODEC inaugurate Global Capability Centre in Bengaluru
14 Jun 2025 | 7:45 AM
Bengaluru, Jun 13 (UNI) Toyo Engineering Corporation (Toyo Japan) and MODEC, Inc (MODEC) on Friday announced the inauguration of their joint Global Capability Centre (GCC), TOYO MODEC OFS India Private Limited (OFS India) here, marking a key milestone in their global expansion and innovation strategy.
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EEPC India holds open house session on India-US bilateral trade
14 Jun 2025 | 7:31 AM
New Delhi, June 13 (UNI) EEPC India, the country's apex engineering exports promotion body, on Friday held an Open House Session on the India-US Bilateral Trade Agreement (BTA) here in which participating members shared that buyers in the US are delaying orders due to policy uncertainty, making it hard for businesses to plan and grow.
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Ahmedabad plane crash ;HDFC Life Simplifies Claim Submission Process for Affected Families
14 Jun 2025 | 12:46 AM
Mumbai, June 13 (UNI) In order to provide prompt assistance to families impacted by the recent airplane tragedy in Ahmedabad, HDFC Life has simplified its claim submission process according to a statement issued by company on Friday.
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Nasscom urges Karnataka to give interim relief for bike taxis
13 Jun 2025 | 9:02 PM
Bengaluru, Jun 13 (UNI) The National Association of Software and Service Companies (NASSCOM) on Friday submitted a formal representation to Karnataka Transport Minister Ramalinga Reddy, seeking immediate relief and a regulatory framework for bike taxi operations in the state.
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Telangana: Flipkart and WE Hub host a workshop to empower women entrepreneurs through e-commerce
13 Jun 2025 | 7:18 PM
Hyderabad, June 13 (UNI) Flipkart, India's homegrown e-commerce marketplace, collaborated with WE Hub, a Government of Telangana initiative, hosted a dedicated workshop to empower women entrepreneurs with the insights and tools needed to scale their business through e-commerce.
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Business Standard
39 minutes ago
- Business Standard
Turkiye govt denies involvement of Turkish Technic in Air India crash
The Turkiye government has rejected allegations that Turkish Technic, the maintenance, repair and overhaul centre of Turkish Airlines, was involved in maintaining the Boeing 787-8 Dreamliner that crashed in Ahmedabad, India. It described the claims as baseless disinformation intended to tarnish Turkey's leading global brands. "The claim that 'the maintenance of the Boeing 787-8 passenger aircraft was carried out by Turkish Technic' following the crash of an Air India passenger aircraft during take-off is false," the official sources in Turkiye said in an official statement. The claim that Turkish Technic maintained the crashed aircraft constitutes "disinformation" aimed at "manipulating" public opinion regarding Turkiye-India relations, the statement added. The officials clarified that Turkish Technic had never worked on any Boeing 787-8 aircraft belonging to Air India. They also stated that the maintenance agreements signed between Air India and Turkish Technic in 2024 and 2025 were limited to B777-type wide-body aircraft only. The Turkish authorities confirmed that while they were aware of the company that carried out the most recent maintenance on the crashed aircraft, issuing a statement on the matter is beyond its purview to prevent unnecessary speculation. The authorities also said that the Centre for Countering Disinformation will continue to monitor and act against any misinformation aimed at tarnishing the reputation of its flagship brands on the global stage. The clarification follows a public statement by yoga guru Baba Ramdev, who claimed that a Turkish agency was responsible for maintaining Air India aircraft. 'I've come to know that an agency from Turkiye was handling the maintenance and servicing of these aircraft,' Ramdev said. 'India needs to keep a close watch on the aviation sector. There's a possibility of a conspiracy involving that agency. We must curb foreign interference in such sensitive matters.' DGCA ramps up inspections of Boeing 787 jets The Directorate General of Civil Aviation (DGCA) has ordered urgent safety checks on dozens of Boeing 787 jets following the Air India crash that killed all but one of the 242 people on board, Bloomberg reported. Air India said it had completed one-time inspections on nine Dreamliners under the regulator's supervision, with 24 more aircraft still to be checked. The inspections are being conducted as the aircraft return to India, before they are cleared for their next flights. The Directorate General of Civil Aviation (DGCA) said on Friday that it had ordered maintenance checks on all of Air India's Boeing 787-8 and 787-9 aircraft powered by General Electric's GEnx engines. The two-week inspections will cover the fuel, cabin air, engine control, and hydraulic systems, following indications that the Air India aircraft lost thrust during take-off.
Time of India
an hour ago
- Time of India
Magnet mayhem! Number of Indian companies awaiting licences from China for rare earths doubles; industry supplies hit hard
52 India-based companies depend on Chinese magnets for supplying to automobile manufacturers across the country. (AI image) China's hold on rare magnets sends Indian industry supply in tailspin! The count of Indian firms seeking permits from China's commerce ministry for rare earth magnet imports has risen to 21 from 11 in a fortnight. This development follows China's April 4 directive requiring exporters of medium and heavy rare earth magnets to obtain a commerce department licence after securing an end-user certificate from the purchaser. The certificate requires specific assurances from buyers. According to an ET report, the applicants include Bosch India, Marelli Powertrain India, Mahle Electric Drives India, TVS Motor and Uno Minda. Following a procedural rejection, Sona Comstar has submitted a fresh application and is now amongst the 21 companies awaiting approval, confirmed a senior industry official. Data from the Society of Indian Automobile Manufacturers shows that 52 India-based companies depend on Chinese magnets for supplying to automobile manufacturers across the country. Also Read | 'No basis to seek…': US disagrees to India asking for WTO consultations on auto tariffs; calls it 'essential security exception' An official was quoted as saying, "These companies have duly filled in and got endorsed the end-user certificate and shipped the requisite documents to their suppliers for procuring rare earth magnets from China, but licences are yet to be awarded by the government there." Sticky situation on rare magnets The certificates stipulate that these materials will not be utilised for storing, manufacturing, producing or processing weapons of mass destruction and their delivery systems. Rare Earth Problem: India hit due to US-China tariff friction Indian diplomatic officials are attempting to engage with Chinese authorities to address the issue through dialogue, but progress remains limited thus far, according to sources. Despite originating as a response to US President Donald Trump's tariffs, the US has now secured a bilateral agreement with China for rare earth magnet supply. European automotive component manufacturers have received approval for rare earth magnet sourcing, but their Indian counterparts still await clearance from China's commerce ministry. Experts note that strained political and business relations between the two countries complicate the situation. Industry participants are concerned about potential production disruptions if licensing delays continue, as inventory levels are expected to deplete by early July. India's imports of rare earth magnets totalled 870 tonnes, valued at ₹306 crore in 2024-25. "While the value of imports compared to the industry size is minuscule, vehicles cannot be manufactured even if we are short of one component where a rare earth magnet is being used," said an executive. Also Read | Big worry! China's grip over rare earth magnets sends Indian auto industry into a spin; delegation of industry people eye China visit Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India.com
an hour ago
- India.com
Turkey Firm Denies Involvement In Maintenance Of Crashed Air India Dreamliner
New Delhi: Turkey has strongly denied allegations that its firm, Turkish Technic, was involved in the maintenance of the Air India Boeing 787-8 Dreamliner that crashed in Ahmedabad, killing 241 people on board and several others on the ground. The Directorate of Communications Center for Countering Disinformation in Turkey described the claims as "false" and "disinformation aimed at manipulating public opinion regarding Turkey-India relations". According to Turkey's statement, the agreements between Air India and Turkish Technic for 2024 and 2025 exclusively covered maintenance services for B777-type wide-body aircraft, which do not include the Boeing 787-8 Dreamliner involved in the accident. Turkish Technic has confirmed that it has not conducted maintenance on any Air India aircraft of this type. 'The claim that the crashed aircraft was maintained by Turkish Technic constitutes disinformation aimed at manipulating public opinion regarding Turkiye-India relations,' it posted on X on Friday, a day after an Air India flight to London crashed in Ahmedabad, killing 241 people on board and several others on the ground. The claim that 'the maintenance of the Boeing 787-8 passenger aircraft was carried out by Turkish Technic' following the crash of an Air India passenger aircraft during take-off is false. The claim that the crashed aircraft was maintained by Turkish Technic constitutes… — Dezenformasyonla Mücadele Merkezi (@dmmiletisim) June 13, 2025 'Under the agreements made between Air India and Turkish Technic in 2024 and 2025, maintenance services are provided exclusively for B777-type wide-body aircraft. The Boeing 787-8 Dreamliner involved in the accident does not fall within the scope of this agreement. To date, Turkish Technic has not conducted maintenance on any Air India aircraft of this type,' it added. The Turkish firm stated that it is "aware" of the company that performed the most recent maintenance on the crashed aircraft but declined to comment further to avoid speculation. The Center for Countering Disinformation assured that it would continue to monitor and take necessary measures against efforts targeting Turkey's reputation. 'The Center for Countering Disinformation will continue to monitor and take the necessary measures against efforts that target the reputation of our flagship brands, which represent Türkiye on the international stage. As the people of Türkiye, we sincerely share the grief of the Indian people over this tragic plane crash,' it said. This denial comes nearly a month after a Turkish firm, Celebi Ground Handling India Private Limited, lost its security clearance due to Turkey's support for Pakistan over Operation Sindoor. The Civil Aviation Ministry revoked the clearance, citing national security interests, after discovering that Turkey-made drones were used in Pakistan's drone attacks on India. The Air India flight crashed into a medical college hostel complex shortly after taking off from Ahmedabad's Sardar Vallabhbhai Patel International Airport. Miraculously, one passenger survived the crash. The incident has raised concerns about aviation safety and maintenance protocols. Investigation and Aftermath 1. The Directorate General of Civil Aviation and the Aircraft Accident Investigation Bureau have initiated high-level investigations into the crash. 2. A committee chaired by the Home Secretary will assess existing safety protocols and recommend improvements. 4. Air India CEO Campbell Wilson has announced plans to move away from Turkish Technic for heavy maintenance, opting for facilities in the Middle East, Southeast Asia, or the US instead. The crash has sparked an outpouring of grief, with Turkey expressing solidarity with the Indian people over the tragic incident. As investigations continue, the aviation industry will be watching closely for any insights into the cause of the crash and potential implications for safety protocols.
