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Boeing acknowledges flaw in 737 MAX simulator software

NEW YORK: Boeing on Saturday acknowledged it had to correct flaws in its 737 MAX flight simulator software used to train pilots, after two deadly crashes involving the aircraft that killed 346 people. “Boeing has made corrections to the 737 MAX simulator software and has provided additional information to device …

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Merger impact: BoB looks to rationalise 800-900 branches

New Delhi, May 19 () State-owned Bank of Baroda (BoB) is considering the option of rationalising 800-900 branches across the country to improve operational efficiency, following its merger with Dena Bank and Vijaya Bank. The merger of Dena Bank and Vijaya Bank with BoB became effective from April 1. It …

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Political ad spend on Facebook, Google tops Rs 53 cr

New Delhi, May 19 () Political parties have spent over Rs 53 crore on digital platforms like Google and Facebook between February and May, with the Bharatiya Janata Party (BJP) accounting for a lion’s share of the spending. According to Facebook’s Ad Library Report, there were 1.21 lakh political ads …

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Japan’s Orix to buy 7 wind energy plants of IL&FS

Mumbai, May 19 () Debt-ridden IL&FS Sunday said Japan’s Orix Corporation, which owns 49 per cent share each in its seven operating wind power plants, has expressed intent to buy the remaining stake in those assets. The seven wind power plants, in the form of special purpose vehicles (SPVs) and …

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