The Pratt & Whitney engines, which power the A320neo aircraft of GoAir and IndiGo, have been facing glitches mid-air and on-ground since their induction in 2016.
Rakesh Gangwal has accused Rahul Bhatia of ‘questionable’ related party transactions, which Bhatia says have been conducted on an ‘arm’s-length’ basis.
Gangwal has locked horns with Bhatia over his controlling rights which he alleges allows his partner to push through related-party transactions in violation of rules.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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