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‘You don’t even know basics’: Pilots’ Association objects to Air India crash probe report; says ‘not happy with investigation, unfairly blames crew’

NEW DELHI: The Airline Pilots’ Association of India (ALPA) on Monday raised concerns over the Aircraft Accident Investigation Bureau’s (AAIB) preliminary report on the Air India 171 crash, saying they were “not happy” with the investigation.Speaking to news agency PTI, ALPA India president Sam Thomas said, “The timing of the release of document was middle…

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Jane Street Sebi ban: F&O trade volumes drop nearly 20%; both BSE and NSE shares take a hit

NEW DELHI: India’s booming futures and options (F&O) market saw a sharp dip in trading activity last week, with volumes dropping by nearly 20%, following Securities and Exchange Board of India’s (Sebi) ban on New York-based quantitative trading firm Jane Street over alleged market manipulation.The daily average turnover in index options on the NSE, which…

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Air India crash: US FAA, Boeing says ‘fuel switch locks safe’; probe report raised questions on engine cutoff

NEW DELHI: The US Federal Aviation Administration (FAA) and Boeing have privately issued a notification that the fuel switch locks on Boeing aircraft are safe, according to a Reuters report citing sources. The clarification follows India’s Aircraft Accident Investigation Bureau (AAIB) preliminary report on the June 12, Air India Flight 171 crash.According to the Reuters…

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Infosys unit in US to pay $125,000 penalty in cybersecurity probe

BENGALURU: Infosys McCamish Systems (IMS), a subsidiary of Infosys BPM, entered a stipulation and consent order with the State of Vermont’s Department of Financial Regulation (DFR) for failing to provide timely and accurate information during an investigation into a 2023 cybersecurity incident and delayed notifying affected data owners. Infosys McCamish Systems entered the stipulation and…

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