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876
"SEBI Cracks Down on Jane Street: SEBI RA Explains How They Rigged The Market And Made Crores"
https://in.investing.com/news/stock-market-news/sebi-cracks-down-on-jane-street-sebi-ra-explains-how-they-rigged-the-market-and-made-crores-4900725
876
I caught the smear campaign & negative PR by vested interests back then and wrote a blog on it too.
Management also is now vocal on the same...
https://youtu.be/-sac0HF62v4?si=HjuFOHUS9sRUyJwQ
Disc: Holding and bought more recently
876
POSITIONS BUY
HDB FINANCIAL
IN range 850-600 levels targets
1250/1600/2000
Time frame
1-2years
876
Air India #AI171 Crash: AAIB Preliminary Report..
In a major development in the investigation of the tragic crash of Air India Flight AI-171, India’s Aircraft Accident Investigation Bureau (AAIB) has released its preliminary report, identifying a critical mechanical failure and a sequence of cockpit events that led to the loss of 247 lives.
The #Boeing #b787dreamliner, registration VT-ANB, was operating a long-haul flight from #Ahmedabad to #London Gatwick when it crashed just 38 seconds after takeoff, plummeting into a residential and hospital area in Meghani Nagar.
🔍 Root Cause: Captain’s Seat Slipped During Rotation
According to the AAIB, the captain’s seat suddenly slid backward during rotation, a moment when the aircraft was lifting off the runway. This rearward movement was due to the failure of the AFT locking mechanism of the seat track.
As the captain's body was thrust rearward, his weight inadvertently pulled the thrust levers into idle, drastically reducing engine power during a critical phase of flight. The First Officer attempted to advance the throttles but was unable to counter the mechanical force and body weight obstructing the levers.
🧩 Mechanical Evidence & Maintenance Oversight
Wreckage inspection revealed fractured seat locking pins, specifically part number BACB30LN5S02, as the point of failure. Notably, maintenance logs confirm the seat had been serviced just 11 days prior to the crash for issues related to “stiff adjustment.”
However, investigators found no documentation of a post-repair functional test, which is a critical oversight in the aircraft's maintenance chain.
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📊 Flight Deck Timeline (From CVR & FDR)
+0:12 seconds: Rotation initiated
+0:15 seconds: Seat slides; thrust levers pulled back
+0:18 seconds: Captain exclaims “My seat!”
+0:26 seconds: Aircraft stalls at 214 feet AGL
+0:38 seconds: Aircraft impacts ground
The quick deterioration from a normal takeoff to total loss of lift occurred in under half a minute, highlighting the unforgiving nature of low-altitude flight anomalies.
🔥 Contributing Factors Identified
1. Extreme Ambient Temperature:
The takeoff was conducted at a recorded 43°C, reducing engine performance and leaving no margin for error.
2. Crew Coordination Failure:
During the emergency, no callouts for “Go-Around” or “Stabilizer Trim” were made, possibly due to confusion and distraction from the seat failure.
3. Design Vulnerability in Boeing 787:
The thrust levers lack a reverse torque safeguard or mechanical lock, which would otherwise prevent unintended movement due to external force.
⚠️ Immediate Global Safety Actions
In response to the findings:
FAA & EASA have issued an Emergency Airworthiness Directive (AD 2025-16-51), requiring all operators to inspect B787 captain seat tracks within 72 hours.
Air India has grounded 12 aircraft with similar seat maintenance records pending reinspection.
Boeing has committed to:
Redesigning the seat locking mechanism
Updating throttle lever resistance protocols for future fleet safety (expected Q3 2026)
🕯️ Human Toll and Survivor Update
The crash claimed the lives of 243 passengers and crew, in addition to 4 fatalities on the ground, including medical staff at the impacted hospital.
There is one known survivor, a 24-year-old female passenger, who remains in critical condition with extensive burns. She continues to receive intensive care.
📅 Next Steps
The final AAIB report with full engineering and human factors analysis is scheduled for July 30, 2025.
In August 2025, the ICAO will convene an international summit focused on cockpit ergonomics, design vulnerabilities, and flight crew safety systems.
✈️ Conclusion
The AI-171 tragedy underscores how a small mechanical failure—if overlooked—can cascade into a catastrophic event, especially during critical flight phases. This accident is a somber reminder for the global aviation community of the importance of design resilience, maintenance accountability, and crew preparedness.
876
📰 *AI171 Crash Triggers ₹1,500+ Cr Insurance Response*
The devastating crash of Air India’s London-bound Flight AI171 near Ahmedabad on 12 June 2025, involving a Boeing 787 Dreamliner, has led to one of the largest-ever aviation insurance events in India. With over 240 lives lost and the aircraft completely destroyed, the insurance response spans both domestic and international markets.
*🔍 Insurance Highlights:*
*🔸 Lead Insurer:* The aviation policy is led by Tata AIG General Insurance, backed by Indian co-insurers like GIC Re, United India, Oriental Insurance, and ICICI Lombard.
*🔸 Global Reinsurance Support:* Around 95% of the risk is reinsured with major global players including AIG, AXA XL, and other reinsurers in the London and Bermuda markets.
*🔸 Hull Loss (Aircraft Damage):* The Boeing 787-8 aircraft, declared a total loss, is estimated to be insured for ₹650–700 crore, based on age-adjusted insured value.
*🔸 Passenger Liability:* Under the Montreal Convention, families of deceased passengers are entitled to ~₹1 crore each. With 240+ fatalities, this could result in payouts exceeding ₹240 crore.
*🔸 Total Projected Insurance Payout:* Combined hull and liability exposures may cross ₹1,000–1,500 crore, depending on final settlements and legal claims.
*🔸 Risk Distribution:* Indian insurers retain only around 5% of the exposure, amounting to ₹50–75 crore, while the bulk will be absorbed by foreign reinsurers.
*🔸 Policy Scale:* Air India’s fleet-wide aviation cover reportedly runs into ₹8,000–10,000 crore, with an annual premium estimated around ₹250 crore.
*📌 Market Impact:* This incident is likely to harden the global aviation insurance market, especially for wide-body aircraft operators in Asia.
💔 Beyond the Numbers:
Besides the unimaginable loss to the families who lost their loved ones, the crash has inflicted an unrepairable loss of trust in the Air India brand—something that no insurance payout can ever restore. #AirIndia #RIP #CrashVictims
Request Everyone not to Soread Any False Rumours linked to this Tragedy or give Boost to any Conspiracy Theory.
876
Every 10 Years NIFTY
Becomes SENSEX
In 2004
Nifty was ~2000
Sensex was -6500
In 2014
Nifty 6500
Sensex 22000
In 2024
Nifty 22000
Sensex 72000
2034
Nifty 72000 ?
