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UAE, Qatar, Kuwait & more: DGCA asks airlines to avoid 9 airspaces amid escalating Middle East tensions | India News

NEW DELHI: Aviation regulator body the Directorate General of Civil Aviation (DGCA) on Thursday directed airlines to avoid nine airspaces in the war-engulfed Gulf region and put in place strong contingency plans, citing heightened risks following the ongoing conflict in the region.In an advisory, the DGCA asked carriers to steer clear of the airspaces of…

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Chairman’s abrupt exit sinks bank’s stock by 5%

MUMBAI: The sudden exit of Atanu Chakraborty, HDFC Bank non-executive chairman late on Wednesday, unnerved several of the lender’s shareholders and fund managers as it came at a time when the war in West Asia has been weighing heavily on investor sentiment. The news of Chakraborty’s resignation led to a 8.4% crash in its stock…

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