Business

ICICI Wanted to Acquire HDFC, Reveals Deepak Parekh

By BPN News Desk
In a candid revelation, Deepak Parekh, former Chairman of HDFC Ltd, disclosed that ICICI Bank once proposed to acquire HDFC—long before the landmark merger between HDFC Ltd and HDFC Bank was finalized. The disclosure was made during a conversation on Chanda Kochhar’s YouTube channel, where the former ICICI Bank CEO herself had made the informal […]
Image Credit: Pramodkraj
Business

DGCA Orders Removal of 3 Air India Rostering Officials

By BPN News Desk
In a significant regulatory intervention, the Directorate General of Civil Aviation (DGCA) has directed Air India to remove three senior officials from all crew scheduling responsibilities. The move comes amid findings of serious violations related to pilot flight duty time limitations. Air India Violated Pilot Duty Norms According to the DGCA, Air India allowed two […]
Image Credit: Pramodkraj
Business

Air India Cuts 15% International Wide-Body Flights

By BPN News Desk
Air India has announced a temporary 15% reduction in its international operations involving wide-body aircraft, a move that will continue at least until mid-July. The decision, which impacts long-haul services significantly, stems from a combination of operational and safety-related constraints facing the airline. Currently, Air India operates approximately 70 wide-body
Image Credit: Pramodkraj
Business

Tata Engages McKinsey for Major Air India Revamp

By BPN News Desk
The Tata Group has initiated a major overhaul of Air India, bringing in global consultancy firm McKinsey & Company to spearhead the next phase of the airline’s transformation. The move comes in the wake of growing scrutiny following the recent Ahmedabad crash and underscores Tata’s commitment to turning around the national carrier into a globally […]

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