It was a Mumbai to Kolkata flight on December 9, 2021. After 15 minutes of departure, the pilots had to shut down an engine and divert the flight back to Mumbai where the aircraft LANDED SAFELY. Key points to note – SpiceJet is currently the only Boeing 737 MAX operator in India. Previously, Boeing 737 … Read more
ICICI bank calls it – interoperable app What is it? In general you can not use any bank’s app if you are not it’s customer. Every bank asks the user to login before using. ICICI decided to do away with it last year, did a soft launch in December 2020 and a full launch in … Read more
I have a ICICI Lombard Car insurance policy coming up for renewal. and here is my experience – Tried renewing it on ICICI Lombard’s website and it was just not responding. I tried for straight two days. Tried to do it on Coverfox – ICICI Lomard’s quoted premium was 3x of others I didn’t bother … Read more
Mahindra’s latest offering XUV 700 gets another boost – receives a 5 star adult safety rating from Global NCAP. It got 4 star for child occupant protection. “The model has received the highest combined safety score (adult + child) of 57.69 out of a total of 66.00 among the Indian vehicles tested so far by … Read more
In the post covid world, airlines globally are looking at revival and are expected to do very well over the short to medium term – revenge traveling for leisure as well as business. Indigo to ensure that it continues to remain the leading airline in India, has listened to it’s customers and is in the … Read more
The Company is one of the most active news providers amongst the Indian pharma players. It has now informed that its COVID-19 vaccine UB-612 programme hasn’t progressed, as its partner Vaxxinity failed to secure the emergency use authorization (EUA) in Taiwan. Key points to note – Approval in Taiwan was denied in August as the … Read more
In an Economic Times report of November 5, there were some corporate governance issues at Indusind’s microfinance subsidiary Bharat Financial Inclusion (BFI). Indusind had acquired BFI (erswhile SKS Microfinance) in March 2019. As per the subject report – Between October 17 and 24, several senior employees of BFI had written to the Reserve Bank of … Read more
The flyover was opened on August 1, 2021 after a significant delay (started in 2016 and was originally scheduled to complete by January 2019). These kind of delays are quite expected and accepted in general due to varied reasons. Delay in permissions, timely audits, modifications, cost escalations and payment delays being some of them. It … Read more