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Turkish Airlines has joined the SAFFA Fund I, LP, an investment fund dedicated to accelerating the production of sustainable aviation fuel (SAF), marking a significant step in the airline's long-term sustainability and supply chain strategy. The agreement will enable the airline to support the expansion of SAF production while strengthening its access to sustainable fuel supplies as the global aviation industry intensifies efforts to reduce carbon emissions. Established in December 2023 and managed by Burnham Sterling Asset Management LLC (BSAM), the SAFFA Fund invests in technologically mature SAF projects across multiple production technologies and geographic regions. Airbus serves as the…

Turkish Airlines has signed an agreement with Turkish defence and technology company HAVELSAN for the supply of 12 new flight simulators as the airline accelerates preparations for its long-term fleet expansion and pilot training requirements. The order comprises eight Full Flight Simulators (FFS) and four Flight Training Devices (FTD), supporting the airline's goal of expanding its fleet to more than 800 aircraft by 2033. The simulators, designed and manufactured entirely in Türkiye, will be installed at Turkish Airlines' expanding training infrastructure, including new simulator hangars currently under development and a Flight Training Center scheduled for completion in 2028. The airline…

Rescue operations at the Teesta Stage VI Hydroelectric Project in Sikkim concluded after the bodies of all 25 personnel trapped inside the tunnel were recovered, Patel Engineering Limited said on Thursday. The company expressed deep condolences over the loss of lives and announced an ex-gratia assistance of ₹5 lakh for the next of kin of each deceased worker. The rescue operation was conducted through a coordinated effort involving the Sikkim District Administration, Sikkim Police, the Sikkim government hospitals and paramedical staff, the National Disaster Response Force (NDRF), the State Disaster Response Force (SDRF), state authorities, Eastern Coalfields Limited, Western Coalfields…

SunfeastYiPPee! celebratedOdisha's rich culinary heritage during the RathYatra with the launch of 'BaroMasa, YiPPee! Parba', a cultural and culinary initiative inspired by the state's traditional philosophy of 'BaroMasa, TeroParba' (12 months, 13 festivals). The campaign showcased 13 innovative noodle-based interpretations of iconic Odia festive dishes, offering visitors a contemporary take on regional flavours. Set up at Puri Beach, the themed pavilion featured 12 month-inspired windows representing the Odia calendar, each highlighting a unique noodle recipe inspired by traditional festive cuisine. Popular dishes such as Potala Posta, Dahi Bara Aloo Dum, Chaula Bara and Muga Dali Khichdi were reimagined using YiPPee!…

Tata Consumer Products Ltd. (TCPL) reported a strong performance for the quarter ended June 30, 2026, with consolidated revenue from operations rising 12 per cent year-on-year to Rs 5,349 crore, driven by robust volume growth across its India branded business and continued momentum in its growth categories. Consolidated EBITDA increased 19 per cent to Rs 730 crore, while net profit climbed 29 per cent to Rs 427 crore during the quarter. The company's India branded business posted an underlying volume growth of 13 per cent, led by a 47 per cent surge in its growth businesses, which now account for…

AU Small Finance Bank reported a strong financial performance for the first quarter ended June 2026 (Q1 FY27), posting a 37% year-on-year increase in net profit to ₹796 crore. The growth was driven by higher net interest income (NII) and lower provisions, although profit declined 4% on a sequential basis. The bank's NII rose 32% year-on-year to ₹2,695 crore, supported by healthy growth in advances. However, other income declined 15% to ₹689 crore during the quarter. Net interest margin (NIM), a key profitability indicator, improved by 59 basis points year-on-year to 5.9%, though it moderated by 7 basis points compared…