43 Pilots Resigned: Akasa Air Is In a State of Crisis
Akasa Air, the newly launched Indian airline, is in crisis, as its 43 pilots left without notice to join rival airlines, the airline told the Delhi High Court on Tuesday. The unexpected resignation of pilots has pushed the airline to cancel 24 flights per day in September. In an official statement, the airline said that…
Yash Sharma
Women’s Quota Bill Likely To Be Passed By Lok Sabha
The special session of the parliament continues, and house proceedings have moved to the new parliament building on Tuesday. The new parliament appears to become the place that emphasises gender justice symbols. The Women’s Reservation Bill will likely become the first bill tabled after moving to the new parliament building, while the new facility includes…
Naveen Jindal To Be Named Non-Executive Chairman Of JSPL
One of the biggest companies in India, Jindal Steel and Power Ltd. (JSPL) will go through a big change as the current chairman of Jindal Steel will step down as chairman and take his place as non-executive chairman. Naveen Jindal will step down from the chairman role on 30 September 2023 and he will be…
UK Signs Deal With Tata Steel, “Will Create 4,000 Jobs”
UK’s prime minister Rishi Sunak signed a deal with Tata Steel that will help convert a coal-based steel plant in Port Talbot into a lower emission electric arc furnace. PM Rishi Sunak pointed out how this deal will help create more than 4,000 jobs for the British people and will also help in lowering the…
Tesla To Source Automobile Parts Worth $1.9 Billion This Year
On Wednesday, Commerce Minister Piyush Goyal revealed that the Tesla Inc has planned to source automobile parts worth up to $1.9 billion this year from India. Basically, this move of the electric vehicle giant is set to boost the country’s automobile industry and reflects the growing interest of the global industries in India as a…
Classic Legends To Invest ₹1,000 Crore To Revamp Marketing
Classic Legends, a motorbike company backed by Mahindra, has decided to invest ₹1,000 Crore in next three years. This Investment is planned to enhance marketing distribution and the new product development strategies. However, the company plans to allocate 50% of the investment to the international market launch of the BSA bikes, while the remaining 50%…
Google Pays $10 Billion To Defeat Search Engine Market
On Tuesday, the US government accused Google of paying $10 billion annually to Apple and other companies to safeguard its monopoly over online search, which marks the largest anti-trust case in the US in the last 20 years. The justice department lawyer Kenneth Dintzer said that the case revolves around the future of the internet…
Nifty Crosses 20,000 Points For First Time In History
The Nifty 50 benchmark has crossed 20,000 points due to its strong inflows and macroeconomic indicators. Recently, the stock market in India saw a notable upswing in day trading, with the Nifty index crossing by 188.2 points or 0.94%. This impressive jump in the stock market resulted in Nifty breaking an all-time record high of…
Foxconn & STMicro To Tie Up For Semiconductor Plant
Foxconn Technology Group, a Taiwanese multinational electronics contract manufacturer, has recently planned to tie up with STMicroelectronics NV, which is a Franco-Italian semiconductor manufacturer. Basically, this partnership is planned to develop a semiconductor plant in India. The two companies are keen to expand their business presence in the South Asian country and hope to receive…
TCS Alliance With JLR Worth £800 Million To Grow Digitally
“TCS and JLR Digital are going to alliance in a new partnership worth £800 Million. This new partnership expands and deepens their work relationship” Tata Consultancy Services (TCS) has recently announced a tactical partnership with JLR Digital unit. The main objective of this partnership is to transform, simplify, and manage JLR’s digital estate. Additionally, TCS…
