Latest news with #Mangalore
Reuters
26-06-2025
- Business
- Reuters
Indian refiners' May crude processing edges up 0.4% from a year earlier
June 26 (Reuters) - Indian refiners' throughput in May rose 0.4% year-on-year to 5.47 million barrels per day (23.11 million metric tons), provisional government data showed on Thursday. Refinery throughput in April was at 5.25 million barrels per day (21.49 million metric tons). India's fuel demand in May rose to its highest in more than a year, while crude oil imports reached a record high of 23.32 million metric tons. The country is the world's third-biggest oil importer and consumer. "What drives refinery runs is domestic demand and refined product net exports. Oil demand was modestly up in May versus one year ago and refined product exports lower versus last year, so I guess that is the reason for the modest change," said Giovanni Staunovo, an analyst at UBS. The share of Russian oil in India's imports in May declined marginally as refiners cut purchases from Moscow by 15.7% to 1.7 million barrels per day (bpd), tanker data from trade and industry sources showed. India's Mangalore Refinery and Petrochemicals Ltd ( opens new tab shut its 144,000 bpd crude distillation unit in mid-May, according to a refinery source and four traders who confirmed the development in early May. REFINERY PRODUCTION IN TERMS OF CRUDE THROUGHPUT (in 1,000 tons): Source: Ministry of Petroleum and Natural Gas IOC: Indian Oil Corp ( opens new tab BPCL: Bharat Petroleum Corp Ltd ( opens new tab HPCL: Hindustan Petroleum Corp Ltd ( opens new tab CPCL: Chennai Petroleum Corp Ltd ( opens new tab MRPL: Mangalore Refinery and Petrochemicals Ltd ( opens new tab Reliance Industries Ltd ( opens new tab Please note that CPCL's CBR refinery is de-commissioned under shutdown due to limitation in meeting required product specifications with the existing configuration.
Khaleej Times
24-06-2025
- Khaleej Times
'Completely helpless': UAE expats scramble to return after sudden flight cancellations
[Editor's Note: Follow the KT live blog for live updates on the Israel-Iran conflict.] Some UAE residents who had travelled home for short vacations are now stranded due to sudden flight cancellations following temporary airspace closures in the region. Many are desperately trying to find alternative ways to return, as they are expected back at work this week. The travel chaos comes after a regional escalation between Israel and Iran and the US strikes on three Iranian nuclear sites. As part of retaliatory strikes, Iran targeted the US Al Udeid air base in Qatar. This led to the temporary closure of airspace across the Gulf, affecting flight routes and causing disruptions. Fahim Ammar, a sales executive at a logistics company in Dubai, had travelled to Mangalore earlier this month for his annual leave. He had booked his return ticket on Air India Express flight IX 831, scheduled to depart from Mangalore to Dubai at 5.35am on June 24. "I had been reading about the conflict and the airspace situation. But until last evening, my flight showed as on time," said Fahim. "After I read about escalating tensions in the Gulf countries and the closure of their airspace, I checked again, and it was cancelled." Fahim is scheduled to return to work on Wednesday; he is now scrambling to get back to Dubai. "I have contacted many travel agencies. I get the same response to wait two or three days because even they are uncertain about the situation," he added. Bags packed to begin a new chapter Ashif Shareef, a 28-year-old engineer residing in Sharjah, is facing a similar situation. He had travelled to his hometown in Kannur for his engagement. His return flight, IX 743, was scheduled from Kannur to Sharjah on June 24 at 4.10pm. "I had packed my bags and was ready to return and begin a new chapter of my life," Ashif said. "But when I checked the flight status in the morning, it was cancelled. I felt completely helpless." With no other flights available from Kannur, Ashif is now exploring alternative routes. "I might travel by road or train to Kochi, Calicut, or even Mangalore to catch a flight from there. But my travel agent informed me that the flights that are not cancelled, they are fully booked,' he said. Muhammed Ali, an electrician working with a facility management firm in Dubai, has been stuck in his hometown of Quetta, Pakistan, for the last two days. He said his return flight, PK-213 from Karachi to Dubai on June 24 at 4.30 pm, was the second flight to be cancelled in the last two days. "My employer has asked me to return as soon as possible because other electricians are also on leave," Ali said. "It's summer, and we get a lot of calls for AC repair and servicing. I understand the need for me to be back at work." Now, Ali is checking for direct flights from Quetta to Dubai. "Those flights still appear to operate. I really hope things settle down. I just want peace so we can all return to our normal lives," he said.
Zawya
21-06-2025
- Business
- Zawya
IntelliDent AI and Manipal Academy of Higher Education sign strategic MoU to transform healthcare through AI
IntelliDent AI, a Dubai-based healthtech innovator transforming dentistry through artificial intelligence, has signed a Memorandum of Understanding (MoU) with the Manipal Academy of Higher Education (MAHE), India—an Institution of Eminence and global academic leader. This strategic three-year partnership aims to accelerate advancements in AI-powered oral healthcare through collaborative research, education, and entrepreneurship. The MoU, executed on behalf of MAHE's Manipal College of Dental Sciences (MCODS), Mangalore, lays the foundation for academic-industry cooperation focused on developing future-ready dental AI solutions and equipping students with the technical and entrepreneurial skills to lead the next era of digital healthcare. Key Pillars of the Collaboration: Joint Research Programs: MAHE and IntelliDent will co-develop research initiatives in AI-driven diagnostics, public health, and healthcare innovation—contributing to academic publications, patents, and whitepapers. Training & Internships: MAHE students will gain hands-on exposure through internships and mentorships at IntelliDent, supported by industry insights, guest lectures, and workshops. Entrepreneurial Development: The collaboration will foster cohort-based learning modules, innovation hackathons, and startup support to accelerate the commercialization of student-led healthtech ideas. Knowledge Exchange: Faculty, researchers, and industry experts will engage in reciprocal learning and cross-training to fuel innovation, skill-building, and strategic growth. Affaan Shaikh, Founder & CEO of IntelliDent AI, shared his thoughts on the collaboration: 'This partnership is about reimagining healthcare through ethical AI and innovation. We are thrilled to work alongside one of India's top institutions to shape the next generation of AI health leaders.' The MoU was signed by Dr. Giridhar P. Kini, Registrar of MAHE, and Mr. Affaan Shaikh, with active engagement from academic and innovation stakeholders from both organizations. This collaboration underscores IntelliDent AI's mission to scale accessible, AI-powered dental care globally and MAHE's continued commitment to integrating technology, research, and impact-driven education in the healthcare ecosystem. Together, MAHE and IntelliDent AI are building a bold future where education, innovation, and oral health equity intersect.
Washington Post
12-06-2025
- Business
- Washington Post
Before crash, Air India spent years attempting a turnaround after emerging from government control
The deadly crash of an Air India flight carrying more than 240 people on Thursday arrives after years of efforts to turn around the country's flag carrier — which had been plagued by tragedy and financial losses under prior state ownership . In 2010, an Air India flight arriving from Dubai overshot the runway in the city of Mangalore and plunged over a cliff, killing 158 people out of the 166 on board. And in 2020, a flight for Air India Express, a subsidiary of Air India, skidded off a runway in Southern India during heavy rain and cracked in two — killing 18 people and injuring more than 120 others.
Yahoo
12-06-2025
- Business
- Yahoo
Before crash, Air India spent years attempting a turnaround after emerging from government control
The deadly crash of an Air India flight carrying more than 240 people on Thursday arrives after years of efforts to turn around the country's flag carrier — which had been plagued by tragedy and financial losses under prior state ownership. In 2010, an Air India flight arriving from Dubai overshot the runway in the city of Mangalore and plunged over a cliff, killing 158 people out of the 166 on board. And in 2020, a flight for Air India Express, a subsidiary of Air India, skidded off a runway in Southern India during heavy rain and cracked in two — killing 18 people and injuring more than 120 others. Both of those incidents involved older Boeing 737-800 aircrafts — and occurred while Air India was still under governmental control. Indian conglomerate Tata Sons took over Air India in 2022, returning the carrier to private ownership after it was run by the state for decades. The 180 billion rupee (then worth $2.4 billion) deal was in some ways a homecoming for Air India, with roots that date back to the Tata family's founding of what was then-called Tata Airlines in 1932. It was also part of an wider effort to save the airline — which had become a money-losing, debt-saddled operation. Jitendra Bhargava, former executive director of the airline and author of 'The Descent of Air India,' said government ownership fostered an archaic work culture, outdated processes, and management by bureaucrats unfamiliar with the aviation industry. 'You are getting a recipe for disaster. And we went through it," Bhargava told The Associated Press. As a result, he said, the company hemorrhaged money — which had a 'cascading effect' because it couldn't invest in upgrades. By the time of the Tata Sons takeover, Air India's market share was around 12% and at risk of shrinking as competitors expanded. Bhargava and other aviation experts stress that shedding government control was necessary for Air India to compete with other private rivals — and the carrier has since worked to reinvent itself by modernizing both its operations and fleet. Over recent years, Air India redesigned its branding and ordered hundreds of new planes from both Boeing and Airbus. Analysts don't expect Thursday's crash, which involved a 12-year-old Boeing 787 Dreamliner, to change such partnerships. "Admittedly, Air India and the Tata organization have been very proud about the fact that they've made a major commitment to Boeing," said Anita Mendiratta, an aviation and leadership consultant. While acknowledging that Boeing has been bruised in recent years, largely due to problems with its 737 Max, Mendiratta noted that there's still been a 'hunger' from airlines around the world to add the company's new planes to their fleets after recent delivery delays. That includes demand for the 787 Dreamliner — which, she said, is 'one of the most important aircraft when it comes to sustainable aviation, emissions reduction, managing the costs of aviation.' Boeing has been plagued by its own safety issues, including past deadly crashes. This, however, was the first crash of a Boeing 787 Dreamliner, according to the Aviation Safety Network database. And the cause of Thursday's crash is still unclear. An international investigation is underway, and Boeing has said it's 'working to gather more information.' Air India said it's also working to get answers around what caused the crash — while promising to support those impacted by the tragedy. 'This is a difficult day for all of us at Air India,' CEO Campbell Wilson said in recorded remarks. 'Our efforts now are focused entirely on the needs of our passengers, crew members, their families and loved ones.' Natarajan Chandrasekaran, chairman of Tata Sons, added in a statement that 'no words can adequately express the grief we feel at this moment.' He said that the company would provide 10 million rupees (nearly $116,795) to the families of each person "who has lost their life in this tragedy' — and also cover medical expenses of anyone who was injured. The Boeing 787 crashed into a medical college after takeoff in India's northwestern city of Ahmedabad. A single passenger survived the crash, according to a senior Indian official and Air India. But the airline said there were no other survivors — putting the latest death toll at 241. Beyond the fatal accidents in 2010 and 2020, an Air India Boeing 747 flight also crashed into the Arabian Sea in 1978, killing all 213 aboard. The carrier was under government control from 1953 through 2022. Other fatal accidents involving India's state-owned airlines include the more than 50 people who died in a crash in the eastern city of Patna in 2000. In 1993, a flight crashed in the western city Aurangabad, killing 55. In 1988, over 130 died when a plane crashed while landing in Ahmedabad and in 1991, a crash near northeastern city Imphal killed 69 people aboard. __________ Grantham-Philips reported from New York and Ghosal reported from Hanoi. AP Writer Danica Kirka in London contributed to this report. Wyatte Grantham-philips And Aniruddha Ghosal (), The Associated Press Sign in to access your portfolio
