10:15 pm
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details hereIndiGo Airlines has grounded five Airbus A320neo planes at New Delhi airport after issues with Pratt & Whitney aircraft engines, India`s biggest low-cost carrier said on Wednesday.
The planes are expected to be back in service in the second half of August, IndiGo owner InterGlobe Aviation said in a statement.
In March, India`s aviation regulator ordered Airbus A320neo aircraft fitted with certain Pratt & Whitney engines to be grounded immediately.
United Technologies-owned Pratt & Whitney said separately it was working with airlines to address the issue.
Engine removals were being planned and coordinated with the airlines as Pratt & Whitney installs newer engines, it said via email.
InterGlobe Aviation shares ended 1.8 percent lower on Wednesday after hitting a 14-month low earlier on India`s National Stock Exchange.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global
RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21
