Blog

27 Jul

TRAI drive test assesses mobile network quality in south Mizoram districts

Business BureauBusiness

The Telecom Regulatory Authority of India (TRAI) has released the findings of an Independent Drive Test (IDT) conducted across Lunglei, Lawngtlai and Siaha districts, along with adjoining areas in Mizoram, to assess the real-time quality of mobile network services offered by telecom service providers (TSPs). The tests, carried out between May 20 and 23, 2026, covered a 342.4-km city drive, 11 hotspot locations and 1.3 km of walk tests under the supervision of the TRAI Regional Office, Kolkata. The drive test evaluated key Quality of Service (QoS) parameters, including network coverage, call setup success rate, dropped call rate, call silence…

27 Jul

Turkish Airlines signs multi-year pilot training deal with CAE

Business BureauBusiness

Turkish Airlines has signed a multi-year agreement with aviation training technology company CAE for the delivery of five full-flight simulators (FFS) and two flight training devices (FTD), with an option to acquire two additional full-flight simulators, as part of its long-term strategy to expand pilot training capacity. The agreement was signed at the Farnborough Airshow and supports the airline's 10-year flight training investment plan as it continues to expand its global fleet and route network. The simulators and training devices will be installed at Turkish Airlines' new Flight Training Center, construction of which began earlier this year. The simulator hangars…

27 Jul

Axis Max Life expands retirement offerings with Smart RISE launch

Business BureauBusiness

Axis Max Life Insurance Ltd. has strengthened its retirement product portfolio with the launch of Smart Retirement Income with Sustained Earnings Plan (Smart RISE), a solution that combines a guaranteed annuity with a NIFTY 50-linked variable annuity to offer customers both predictable retirement income and exposure to equity market growth.The newly launched plan allows policyholders to customise their retirement timeline by choosing a deferment period during which the retirement corpus can accumulate before regular annuity payments begin. Following the deferment phase, customers receive a fixed guaranteed annuity throughout the policy term along with a variable annuity linked to the performance…

27 Jul

Turkish Airlines joins SAFFA Fund to strengthen sustainable aviation fuel strategy

Business BureauBusiness

Turkish Airlines has joined the SAFFA Fund I, LP, an investment fund dedicated to accelerating the production of sustainable aviation fuel (SAF), marking a significant step in the airline's long-term sustainability and supply chain strategy. The agreement will enable the airline to support the expansion of SAF production while strengthening its access to sustainable fuel supplies as the global aviation industry intensifies efforts to reduce carbon emissions. Established in December 2023 and managed by Burnham Sterling Asset Management LLC (BSAM), the SAFFA Fund invests in technologically mature SAF projects across multiple production technologies and geographic regions. Airbus serves as the…

27 Jul

Turkish Airlines signs deal for 12 new flight simulators to boost pilot training

Business BureauBusiness

Turkish Airlines has signed an agreement with Turkish defence and technology company HAVELSAN for the supply of 12 new flight simulators as the airline accelerates preparations for its long-term fleet expansion and pilot training requirements. The order comprises eight Full Flight Simulators (FFS) and four Flight Training Devices (FTD), supporting the airline's goal of expanding its fleet to more than 800 aircraft by 2033. The simulators, designed and manufactured entirely in Türkiye, will be installed at Turkish Airlines' expanding training infrastructure, including new simulator hangars currently under development and a Flight Training Center scheduled for completion in 2028. The airline…

27 Jul

First dengue vaccine gets DCGI approval in India, boosting disease prevention

Business BureauBusiness

India has approved its first dengue vaccine, with the Drug Controller General of India (DCGI) granting market authorisation to Takeda Biopharmaceuticals India Pvt. Ltd.'s QDENGA (TAK-003) for the prevention of dengue in individuals aged 4 to 60 years. The approval comes amid a sharp rise in dengue cases, with reported infections increasing 11-fold over the past two decades. India accounts for nearly one-third of the global dengue burden, with over 1.13 lakh cases reported in 2025. QDENGA is designed to protect against all four dengue virus serotypes and can be administered without prior dengue infection or pre-vaccination testing. The vaccine…

27 Jul

Three athletes of Odisha AM/NS India Gymnastics High-Performance Centre to represent India in the Commonwealth Games 2026

Business BureauBusiness

Three athletes of Odisha AM/NS India Gymnastics High Performance Centre (Odisha AM/NS GHPC) to represent India in the Commonwealth Games 2026 to be held in Glasgow, Scotland during July 23 – August 02, 2026. Out of the eight athletes in artistic gymnastics category, three athletes — Tapan Mohanty, Tapeswaranath Das and Olympian Pranati Nayak are part of the Odisha AM/NS GHPC. Tapan Mohanty and Tapeswaranath Das are part of the India Men's Team in the Men's Artistic Gymnastics (MAG) category. Olympian Pranati Nayak is part of the India Women’s Team in the Women's Artistic Gymnastics (WAG) category. This achievement highlights…

25 Jul

Assembly Votes No: Assam Rejects Proposal To Ensure Social Security For Gig, Platform Workers

PreetiAssam

The Assam Assembly has rejected the demand to ensure social security for thousands of gig and platform workers associated with the digital economy. On Friday, the government opposed the proposal moved by Congress MLA Zubeir Anam Mazumdar, stating that the responsibility of framing welfare schemes for gig workers primarily lies with the Central Government. Moving the proposal, Zubeir Anam Mazumdar said, "Though gig workers engaged in app-based transport, food delivery, e-commerce, logistics etc. play a crucial role in the digital economy, they are deprived of fixed wages, provident fund, paid leave, or any kind of social security benefits." The Congress…

25 Jul

Bomdila Connect Aims to Restore Town’s Tourism Glory Through Culture and Tradition

ParomitaArunachal Pradesh

The first edition of 'Bomdila Connect', a cultural festival aimed at reviving Bomdila's rich cultural, historical and tourism heritage, was held in Arunachal Pradesh's West Kameng district. The event brought together cultural groups, public representatives, government officials and local residents in an effort to promote the town's unique traditions and reposition Bomdila as a major tourist destination in the state. Addressing the gathering, Kalaktang MLA Tseten Chombay praised the initiative, saying it would help restore Bomdila's former prominence while showcasing the region's vibrant cultural identity. He noted that Bomdila was once among Arunachal Pradesh's most popular tourist destinations and had…

25 Jul

SBI Life Posts Healthy Q1 Growth as Premium Income and VNB Increase

nanikaBanking

SBI Life Insurance reported a strong financial performance for the first quarter of FY2026-27, with net profit rising 22% year-on-year to ₹720 crore, supported by healthy growth in premium income and new business. Net premium income increased 16.88% to ₹20,078.2 crore, while the insurer’s annualised premium equivalent (APE) surged 36% to ₹5,380 crore, reflecting strong demand for its insurance products. Investment income also recorded solid growth, rising 20.7% year-on-year to ₹25,977 crore. The company’s value of new business (VNB), a key profitability indicator for life insurers, increased 29% year-on-year to ₹1,410 crore. However, the VNB margin moderated slightly to 26.2%…