What is a statutory company: Everything You Need To Know
Statutory corporations are legal entities created by a particular act of parliament or state legislature or both. Public funds entirely support it. The legislature’s act also determines the authorities, goals, restrictions, and other aspects of it. Coming to the example of statutory companies, Air India, State Bank of India, Life Insurance Corporation of India, and…
Most Inspiring Women Leaders In Education In India 2022
Dr. Seema V Nair Principal DPS International Ghana Introduction Leveraging her two decades of experience as an English and History teacher, Dr. Seema V Nair is bringing all the positive differences that align the three strong pillars of the education system – students, teachers, and parents. Having worked as a middle school and high school...
Adani Group Would Invest $150 Bn To Generate Green Energy
Currently, the Gautam Adani Group is trending as the richest business all over the country. The Adani Group is willing to invest an amount of USD 150 billion all across its businesses. The Adani Group would convert a wide range of their business to work on green energy, such as using renewable resources in data…
Antonoaldo Neves Will Replace Tony Douglas As Etihad’s CEO
Abu Dhabi-based, UAE’s second-largest airline, Etihad, appoints Antonoaldo Neves as its new CEO. He will replace Tony Douglas, the existing CEO, who has been serving as the CEO of Etihad since 2018. As per rumours, Tony has decided to seize a new opportunity and will take care of Saudi Arabia’s airline startup, RIA. Antonoaldo has…
Adani Group Acquires One Of India’s Biggest Aviation Company
On Tuesday, the multibillion-dollar Adani Group announced that it would acquire Air Works, one of India’s largest and most diverse aircraft Maintenance, Repair, and Overhaul (MRO) companies, as part of its expanding defence portfolio. Adani Defence Systems and Technologies Ltd (ADSTL) announced the signing of a merger agreement to acquire Air Works, which has one…
Garuda Aerospace Locked Drone Deal With Lockheed Martin
Garuda Aerospace signed a deal with Lockheed Martin Canada CDL Systems for the UAS (Uncrewed Aerial Systems), which Garuda’s drones include. These systems are expected to be effective solutions for defence and commercial purposes. Under this collaboration, both companies will work closely as part of the agreement to explore possible drone-based service options in a…
Byju’s To Fire 2000+ Employees For Increasing Profits
Popular Edtech firm Byju’s will be freeing off 2500 employees. We recently heard about the case of moonlighting in Wipro. Along with that, TCS(Tata Consultancy Services) also came up with the sacking of employees. After successfully running for almost a decade, India’s most popular Edtech decided to rebuild itself. Aiming for global recognition and exceptional…
SpaceX Likely To Join Indian Telecom Industry
Reports indicate that SpaceX, Elon Musk-owned satellite communications corporation, will likely apply for a permit to introduce internet services in India within its Starlink brand. Thus, SpaceX will become the third company to apply for such a license after the two giant Indian telecoms, Reliance Jio and Bharti Group. Moreover, the company is also likely…
Sitharaman To Attend IMF, World Bank Meetings In USA
Finance Minister Nirmala Sitharaman will attend several meetings on her visit to the United States. Among them, two significant meetings are the International Monetary Fund (IMF) and the World Bank, which will more likely deliberate on the current global economy. These meetings aim to highlight India’s policy priorities and showcase India’s attractiveness as an investment…