TECHNICAL ISSUE
Lufthansa plane experiences fire in wheel after landing at Delhi airport; lands safely
A Lufthansa A380 from Munich faced a wheel fire during landing at Delhi airport, landing safely but requiring checks and cancellation of the return flight due to spare parts unavailability. The incident affected 490 passengers, with the aircraft undergoing short-term technical deregistration. Lufthansa emphasised safety as a top priority, aiming to resume operations with the same aircraft for the return flight to Munich on July 3.
NASA: Boeing Starliner crew enjoys extended stay on ISS, they're in no 'rush to come home'
NASA extends Butch Wilmore and Sunita Williams' mission aboard Boeing's Starliner due to technical challenges like thruster failures and helium leaks. Despite setbacks, NASA assures their safety and plans for a return mission. Boeing faces public scrutiny despite mission success, amid comparisons with SpaceX's Crew Dragon. Both companies play pivotal roles in NASA's crewed missions to the ISS, navigating a competitive landscape in commercial space travel.
PSBs clock higher failure rates for UPI payments
In comparison, private players like HDFC Bank, Axis Bank, ICICI Bank, Yes Bank and IDFC First have an average UPI technical decline of 0.04%. Among private players, Bandhan Bank has seen technical declines of over 1%.
Delhi airport roof collapse: L&T issues clarification as probe starts
Delhi Airport's T1 roof collapse: Larsen & Toubro (L&T) clarified they didn't build or maintain the collapsed structure, which was constructed by another company in 2009. L&T's involvement with T1 was solely through a 2019 expansion project, unaffected by the collapse, the construction giant said.
Technical study of Delhi airport's T1 likely to be completed in 1 month: Official
Efforts are ongoing to evaluate Terminal 1 operations post-canopy collapse, focusing on long-term policies to prevent future incidents and minimize business losses while enhancing safety measures.
How much has Boeing lost in Starliner program as two NASA astronauts are stuck in space?
NASA astronauts are stranded in space due to technical issues with Boeing's Starliner spacecraft. The mission, originally set for eight days, has been indefinitely extended.
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Groww user alleges 'fraud', says app shows mutual fund investment but can't redeem, company denies; what are lessons for MF investors?
Groww faces 'fraud' allegation: A customer's complaint against Groww, has sparked concerns over investment safety via execution-only platforms (EOPs). The investor alleged via social media that investments made through Groww could not be withdrawn despite the app showing them as invested. Groww responded, asserting no deduction occurred and the mutual fund transaction did not take place. The incident underscores broader worries among investors about data reliability on fintech apps. ET Wealth delves into the details surrounding the incident. What could mutual fund investors learn from this incident?
Boeing Starliner faces technical issues: How will astronauts Barry Wilmore and Sunita Williams return to Earth?
Boeing's Starliner spacecraft, facing technical challenges, prepares to bring astronauts Wilmore and Williams back from the ISS. Delays have plagued the return, with no set date yet. Issues with the propulsion system, including overheating thrusters and helium leaks, are under scrutiny. Despite the setbacks, NASA and Boeing are actively working on solutions, including software updates. Crew Dragon stands by as a backup, underscoring the complexities of space missions.
Whistleblowers claim NASA and Boeing knew about the technical faults in the spacecraft carrying Sunita Williams and Butch Wilmore
NASA and Boeing's return voyage from the International Space Station aboard the Starliner aircraft carrying two astronauts, Sunita Williams and Butch Wilmore, has been further delayed as both astronauts are still stranded in space due to technical faults in the Boeing Starliner. Whistleblowers are claiming that managers of this crucial project had first-hand information about the faults much before the space mission.
India, Bangladesh reiterate commitment to free, open, inclusive, secure and rules-based Indo-Pacific
India and Bangladesh have reaffirmed their commitment to a free, open, and rules-based Indo-Pacific region. They will co-lead the Disaster Risk Reduction and Management pillar of the Indo-Pacific Oceans Initiative (IPOI). The joint statement from Prime Ministers Modi and Hasina emphasized cooperation on disaster resilience, climate impact mitigation, and regional integration under BIMSTEC, SAARC, and IORA. They plan to enhance trade, investment, and connectivity, negotiate a Comprehensive Economic Partnership Agreement (CEPA), and strengthen defense ties.
Zerodha traders hit by technical glitch as screen freezes
"Hi, we're sorry for the inconvenience. The issue was resolved quickly, and the prices are now updating fine now, please check," Zerodha said on social media platform X while responding to user complaints.
JM Financial shares fall 5% on SEBI ban from managing debt public issues
Shares of JM Financial declined by 5% to Rs 83 during Friday's intraday trading on the BSE. This drop followed a decision by the markets regulator SEBI on Thursday, confirming interim measures to prohibit the company from serving as a lead manager for public issues of debt securities until March 31, 2025.
Look-alike, sounding similar drugs likely to face strict action
Earlier, in January India's Drug Technical Advisory Board (DTAB), India's apex drug advisory body, deliberated on the issue of same brand name (including look-alike and sound-alike ones) for different category of products and it suggested that to ensure patient safety, the manufacturing and marketing of different drugs with same brand name should "not be allowed."
SpiceJet's Delhi-Goa flight delayed due to technical snag, passengers stranded
The Delhi-Goa flight SG-211 was delayed due to operational reasons, as the aircraft scheduled to operate the flight had to be grounded following a technical issue, the airline said. Passengers complained that SpiceJet flight SG-211, initially scheduled to depart at 9.35 am from Delhi, faced multiple rescheduling. The departure time was first changed to 10.35 am, then to 11 am, and eventually, the flight did not take off even at 11 am.
Buy-the-dip didn't work for mutual fund investors on election result day due to 'tech glitch'
Mutual fund investors faced disappointment as a technical glitch led to delayed NAV allotment amid a stock market crash. Many investors demanded compensation for losses incurred due to the glitch.
NYSE glitch sparks volatility in dozens of stocks
A glitch at the NYSE caused major swings in Berkshire Hathaway and Barrick Gold shares, leading to trading halts in multiple companies. The issue was resolved, with impacted stocks resuming trading after a technical problem was fixed.
NYSE glitch sparks volatility in dozens of stocks
At least 60 stocks listed on the NYSE were halted due to volatility and some stocks showed unusual outsized movements.
Dow slips nearly 1% as markets juggle data, technical glitches
Shares of megacaps including Apple and Meta gained between 0.8% and 2.1%, as yields on the benchmark U.S. 10-year and five-year notes fell around 10 basis points each. GameStop soared 24.1% after a weekend Reddit post from stocks influencer Keith Gill, also known as "Roaring Kitty", showed a $116 million bet on the gaming retailer.
Mumbai local train services delayed after technical glitch at Borivali station; Metro runs extra services
Local train services on Mumbai's Western Railway line faced disruptions on Monday due to a technical issue caused by a cable cut at Borivali station. Platforms 1 and 2 were affected, delaying trains by 15-20 minutes. Restoration efforts are underway to fix the problem and resume normal operations.
Zerodha faces another technical glitch, users face Kite login issues
India's second-largest broking platform Zerodha website displayed the error message ‘503 Service Unavailable. No server is available to handle the request.’ Traders on X (formerly Twitter) reported that the trading platform was not functioning even before trading commenced on Monday.
Air India's Delhi-Vancouver flight faces long delay on Sunday
Passengers on an Air India flight from New Delhi to Vancouver experienced a frustrating delay of over nine hours on Sunday due to a technical problem. The scheduled departure time for flight AI 185 was 0530 hours, but it was finally able to take off at 1450 hours, as reported by flight tracking websites.
Boeing Starliner capsule's first crewed test flight postponed at last minute
Boeing's Starliner space capsule's inaugural crewed test flight faced another delay due to a technical issue, halting the countdown for at least 24 hours. The mission, carrying two astronauts to the ISS, is crucial for Boeing to compete with SpaceX in NASA's spaceflight contracts. The delay, caused by a ground system computer triggering an automatic abort command, marks another setback in Starliner's history of delays and glitches. Boeing is striving to catch up with SpaceX, NASA's primary transport to the ISS, and hopes for a successful mission to secure future contracts.
Air India's Delhi-Vancouver flight faces delay; rescheduled for Sunday
Air India's flight from Delhi to Vancouver faced an inordinate delay due to technical issues. The airline rescheduled the flight, departing the next day. DGCA issued a show cause notice for flight delays.
Delhi-SFO flight delay: Air India apologises, offers USD 350 travel voucher to passengers
Air India has apologised and offered a travel voucher of USD 350 each to the passengers of the San Francisco flight that took off from the national capital after a delay of more than 30 hours. There were 199 passengers in the flight, according to a source.
Over 200 passengers of Air India Delhi-SFO flight face 30 hrs ordeal with inordinate delay
More than 200 passengers of a San Francisco-bound Air India flight faced a 30-hour delay due to a technical glitch, non-functional air conditioning, and payload issues. The flight was rescheduled several times before finally being delayed due to temperature issues. Passengers, including the elderly and children, endured discomfort and were offered options like full refund and complimentary rescheduling. The delay led to a show cause notice from the aviation regulator and marked the second such incident in a week for Air India's San Francisco flights.
Air India gets show cause notice from Ministry of Aviation over 20-hour flight delay
The Aviation Ministry issued a show cause notice to Air India following a 20-hour delay on a Delhi-San Francisco flight. Passengers were subjected to extreme discomfort, enduring searing heat inside the aircraft without air conditioning. Reports emerged of passengers fainting due to the conditions, prompting complaints on social media.
Air India's Mumbai-San Francisco flight delayed by over 5 hours
After deboarding the passenger who started feeling unwell at around 1917 hours, it was noticed that by the time the flight AI 179 would have reached San Francisco, there would be night-landing restrictions and also, the crew would have crossed the flight-duty limitations.
India's government bond trading platform facing technical issues, traders say
"The platform is facing technical glitches and we are unable to place any bids or trade since last 10 minutes," a trader with a private bank said.
BCAS issues guidelines for deplaning passengers during tarmac delays
The Bureau of Civil Aviation Security (BCAS) issues new guidelines for airports and airlines to deplane passengers during tarmac delays, offering relief to travelers. Decision-making authority lies with airport security or airlines. The move aims to address delays caused by weather, medical emergencies, or technical issues, ensuring passenger comfort and safety.
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